Costs

Learn More + Earn More = Live Longer?

Posted on 11/21/2013 by |Washington Watch | Comments

Bulletin Today | PoliticsHow long you live has a lot to do with income and education. That’s the message from experts who testified on Nov. 20 at a U.S. Senate hearing on “Dying Young: Why Your Social and Economic Status May Be a Death Sentence in America.” >> Sign up for the AARP Money newsletter. As Steven Woolf, M.D., the director of the Center on Society and Health at Virginia Commonwealth University, put it, “the lower people’s income, the earlier they die and …

Tap These Tools to Figure Your Health Plan Costs

Posted on 10/14/2013 by |Money and Work | Comments

Bulletin Today | Money & SavingsLooking to compare health insurance plans and costs? Read on. If you’re buying insurance  from one of the new health insurance exchanges created by the Affordable Care Act, a calculator created by the nonprofit Kaiser Foundation may help you. It illustrates health insurance premiums and state-based tax credit subsidies that may be available to you if you’re  middle-income, under age 65, and not eligible for coverage through your employer, Medicaid or Medicare. (The calculator doesn’t work for people in New York, Kentucky, …

Food for Thought: Ways to Curb Lunchtime Spending

Posted on 10/8/2013 by |The Ultimate Cheapskate | Comments

Money & SavingsPlanning to have lunch out with your coworkers? Chew on this: A poll of 1,005 adults found that, on average, we eat lunch at restaurants nearly twice a week at about $10 a pop — or about $936 annually, according to Visa. (And that doesn’t even include coffee-to-go and carryout.) If you were to save that $936 per year and invest it at a 5 percent annual rate of return, over the course of 30 years you’d have an extra …

Health Marketplace: Costs for Similar Plans Can Vary Widely

Posted on 10/7/2013 by |Health | Comments

Bulletin Today | Personal HealthBy Jordan Rau and Julie Appleby, Kaiser Health News Consumers shopping in the new health insurance marketplaces will face a bewildering array of competing plans in some counties and sparse options in other places, with people in some areas of the country having to pay much more for the identical level of coverage than consumers elsewhere. A Kaiser Health News analysis of the 1,923 plans being sold on federally run online marketplaces found wide variations of price and availability. For instance, …

$241,080: The Cost to Raise a Kid

Posted on 08/16/2013 by |Money and Work | Comments

Bulletin Today | Money & SavingsDear Adult Children, If you don’t appreciate your parents by now, perhaps this will change your mind: Raising a kid today costs $241,080 — and that doesn’t even count spiraling higher education expenses, according to a new government report. (By the way, you’re welcome Bloomberg’s Zara Kessler.) That figure represents an increase from the $219,500 (inflation adjusted) that we boomer parents shelled out to raise your generation (born around 1990), says Mark Lino, an economist who did the calculations for …

Get Cooking With a DIY Solar Oven

Posted on 08/5/2013 by |The Ultimate Cheapskate | Comments

Money & SavingsWith plenty of sunny days still ahead — but with summer vacation nearing its sunset for kids and grandkids — here’s a fun, inexpensive and educational project to do with the young people in your life during the dog days of summer.  Build a simple solar oven (aka a “solar cooker”) from repurposed household items. It will not only amaze and amuse kids of all ages, but it really works. And it will save you money and keep the heat out …