Thursday, December 2, 2010

Financial Preparedness: You Can Avoid Becoming a Victim of Fraud


I received a brochure in the mail from the Federal Trade Commission and thought the information might be helpful to you.  In my lifetime, I have seen far too many people get taken by "get rich quick schemes" and scams because they don't recognize the warning signs.  Educate yourself so you can be prepared!

FRAUD WARNING SIGNS
  • Sounds too good to be true
  • Pressures you to act "right away."
  • Guarantees success.
  • Promises unusually high returns.
  • Requires an upfront investment--even for a "free" prize.
  • Buyers want to overpay you for an item and have you send them the difference.
  • Doesn't have the look of a real business.
  • Something just doesn't feel right.
PLAY IT SAFE
  • Never click on a link inside an email to visit a Web site.  Type the address into your browser instead.
  • It's easy for a business to look legitimate online.  If you have any doubts, verify the company with the Better Business Bureau.
  • Only 2% of reported identity theft occurs through the mail.  Report online fraud to the Federal Trade Commission at ftc.gov/complaint.
  • Retain your receipts, statements, and packing slips.  Review them for accuracy.
  • Shred confidential documents instead of simply discarding them in the trash.
FRAUD FACTS
  • Your bank will never e-mail or call you for your account number.
  • Don't wire money to people you don't know.
  • Be cautious of work-at-home job offers.
  • Check out the company with the Better Business Bureau.
  • There are no legitimate jobs that involve reshipping items or financial instruments from your home.
  • Foreign lotteries are illegal in the U.S.  You can't win no matter what they say.
  • Check your monthly bank statements for charges you don't recognize.
  • Order a copy of your credit report from each of the three national credit bureaus once a year from annualcreditreport.com
GET INVOLVED
  • It's never too early to become an informed consumer.  Point out "too good to be true" offers to your kids, and teach them to be skeptical.
  • Take an active interest in the financial activities of your aging parents.
  • Share information about scams with friends and family.  Use social networking to help keep them safe.
If you've received a suspected fraud through the U.S. Mail, or if the mail was used in the furtherance of a crime that began on the Internet, telephone or in person, report it to the U.S. Postal Inspection Service:

U.S. Postal Inspection Service
Criminal Investigations Service Center
ATTN:  Mail Fraud
222 S. Riverside Plaza
Chicago, IL 60606-6100
postalinspectors.uspis.gov
1-877-876-2455

The Federal Trade Commission, the nation's consumer protection agency, works to prevent fraud and to provide information to help consumers spot, stop and avoid it.  To file a complaint or get free information on consumer issues, visit ftc.gov or call 1-877-FTC-HELP.  Watch a new video, How to File a Complaint, at ftc.gov/video to learn more.

Tuesday, October 26, 2010

Cooking with Basic Food Storage: Pumpkin Chocolate Chip Cookies Using Whole Wheat Flour



In the mood for chocolate and pumpkin?  Here's a delicious recipe that combines the two in a cake-like tasty cookie using whole wheat flour.  These are "mookies," a cross between a muffin and a cookie.  Mmmmm! 

Pumpkin Chocolate Chip Cookies 
  • 1 cup canned pumpkin
  • 1 cup white sugar
  • 1/2 cup vegetable oil or 1/2 cup applesauce (healthier version)
  • 1 egg
  • 1 cup flour
  • 1 cup whole wheat flour
  • 2 teaspoons baking powder
  • 2 teaspoons ground cinnamon
  • 1/2 teaspoon salt
  • 1 teaspoon baking soda
  • 1 teaspoon milk
  • 1 tablespoon vanilla extract
  • 2 cups semisweet chocolate chips
  • 1/2 cup chopped walnuts (optional)
  • You may add other fall spices like ground cloves, ginger, and nutmeg to taste (optional)
Combine pumpkin, sugar, vegetable oil, and egg. In a separate bowl, stir together flour, baking powder, ground cinnamon, and salt. Dissolve the baking soda with the milk and stir in. Add flour mixture to pumpkin mixture and mix well.


Add vanilla, chocolate chips and nuts (if desired).

Drop by spoonful on greased cookie sheet and bake at 350 degrees F (175 degrees C) for approximately 10 minutes or until lightly brown and firm.

Source:  allrecipes.com



Tuesday, October 19, 2010

Provident Living: Thrifty Christmas Ideas



It's that time of year to begin planning your Christmas. Beginning early and planning ahead are the keys to being frugal. Here are some tried and true ideas to make your holiday a thrifty one!

1. Make a list and narrow it down. Determine the people you have to buy presents for. Make a list.

2. Create a gift budget. Set a total limit, then divide it among people on your list. When you shop, remember your budget for each individual and stick to it.

3. Do an exchange. This will really cut costs, especially if you have a large family or group of co-workers. Instead of buying a bunch of gifts, you only have to buy one. Our family does this and it's a huge de-stresser for us at Christmas.

4. Make your own gifts. Food items are always welcome, jar mixes, favorite quotes or photos framed (this is my new favorite gift), knitted/crocheted scarves and hats, photo slide shows, etc. We had a friend who always made delicious treats and boxed them beautifully with tissue paper and decorated boxes. They always seemed special because she put so much work into the presentation.

5. Check out the thrift store and the dollar store. Some people may cringe at this item but you might be surprised at the great gifts you can find there. You may also find ways to package gifts with thrift store finds to make them unique and memorable. My friend found a beautiful bag at the thrift store and filled it with bath products. Last year, I used Christmas ornaments from the dollar store and created star-themed gifts based on them.

6. Create home-made coupons for things like babysitting, yard work, car washes, massages. I love receiving these (especially from my kids) and redeeming them when I most need the service.

7. Make recipe books or recipe cards. One of my all-time favorite gifts was a book my sister compiled of favorite family recipes. It contains all my Mom's best recipes and adds my siblings most-loved recipes. I use it all the time! You can focus on a theme like chocolate recipes for a chocolate lover, for example.

8. Give hobby-based presents. Think about the hobbies of the person you are giving to: sheet music for a musician, a plant for a gardener, golf balls for a golfer, scrapbook supplies for the scrapper, books for a reader, etc. A well thought-out gift often has much more meaning than an expensive one.

9. For kids, try making a dress-up box or trunk. It doesn't need new clothes in it; instead, look for unique costume items at thrift stores or even in your own closets or attic. One of our favorite family activities is letting the kids go to town in our dress-ups. They come up with all kinds of unique costumes. Some of their favorite items include a siblings' old cheerleader outfit, our Grandma's psychedelic 70s clothes, a black silky shirt with diamond buttons which becomes a pirate shirt, a slinky dress with belt, etc. This gift encourages creativity and ensures hours of fun.

Source:  http://thrivingandthrifty.blogspot.com/

Thursday, October 7, 2010

Cooking with Basic Food Storage: Apple Raisin Bread



There's nothing better in the fall than the flavor combination of apples and raisins.  Enjoy these two scrumptious versions of apple raisin bread.  The first one uses oatmeal, potato flakes and powdered milk from your food storage.  The second one uses wheat and wheat bulgur.  Enjoy!

APPLE JUICE RAISIN BREAD

3c apple juice


2 c raisins

1/2 c butter or margarine

2 pks reg yeast ( sub 5tsp active dry)

3t vanilla

2 eggs lrg

6c unbleach flour

1c reg oatmeal

1c mashed pot flakes

1c powdered milk

1c chopped nuts I use pecans

1/3 c sugar

3tsp salt regular

1tsp cinnamon

Heat juice and soften raisins in the juice. Dissolve yeast in 1/4 c warm water. Check temp and when it is 110 add yeast, butter, sugar, salt cinn. and eggs and vanilla. Mix well. Have the flour, potato, milk powder, oatmeal in another large bowl. Pour all liquid in and stir to make a mass. Will clean bowl. May sprinkle on more flour as you go but should be a nice soft pliable dough. I usually spray my hands with oil as I knead. It becomes lovely after 10 min or so. Knead in nuts. Let rise 1 -1 1/2 hrs. This rises beautifully. de gas and shape boules Makes 4 loaves. Rise again 1 1/2 hrs. Bake at 350 for 50 min. Cover with foil if gets too dark at the end. I also double this recipe and use a 13 qt bowl. It is a WORK OUT !

APPLE RAISIN WHEAT BREAD


2/3 c. milk

1/4 c. cracked wheat bulgar

2 pkgs. active dry yeast

1/2 c. lukewarm water

1 egg

2 tbsp. vegetable oil

2 tbsp. honey

2 tsp. salt

1 c. peeled, chopped tart apple

1 1/2 c. whole wheat flour

2 1/2 c. all-purpose flour

1 1/2 c. seedless raisins
Heat the milk to lukewarm in a saucepan. Stir in bulgar and remove from heat and set aside.

In a large bowl dissolve the yeast in the lukewarm water. Add the egg, oil, honey, salt, apples and the milk-bulgar mixture. Beat just until blended. Add the whole wheat flour and 1 cup of all-purpose flour. Beat at low speed to blend with an electric mixer for 2 minutes.

With a wooden spoon, add enough of the remaining flour to make a dough that you can knead and also add the raisins. Turn the dough out onto a lightly floured board and knead for about 8 minutes or until you have the dough that is not longer sticky.

Place the dough in a greased bowl; cover with a damp cloth and let rise until doubled in bulk, about 1 to 1 1/2 hours. Punch the dough down and divide into 2 loaves.

Place the loaves into 2 greased 8x4 inch loaf pans. Cover and let rise just above the tops of the pans, about 45 minutes to 1 hour. Bake in a preheated oven at 350 degrees for 30-40 minutes or until the loaves are nicely browned and sound hollow when tapped. Cool in pans for 5 minutes, then turn out onto racks to cool completely.

Sources: http://www.thefreshloaf.com/node/10171/apple-juice-raisin-bread, http://www.cooks.com/rec/doc/0,194,154189-225206,00.html

Financial Preparedness: Thrifty and Thriving


I have started a new blog called Thrifty and Thriving, dedicated to managing money, budgeting, saving, living thrifty and thriving.  Take a peek!  I will continually be improving the site and adding more content, so check in often or become a follower. 

http://thrivingandthrifty.blogspot.com/

Monday, September 20, 2010

Provident Living: My Favorite Online Coupon Sites



I have never been a big coupon user but now that we are ensconsed in a recession and I'm in a frugal living mode, I have started couponing in a small way, cutting or printing coupons for things that I normally buy.  It's becoming a game to me and I'm always excited when I save a few dollars. 

In addition, when I'm planning on going shopping, I type into my search engine the name of the retailer + coupon code (for example:  Old Navy + Coupon Code.)  The other day I saved 30% at Old Navy by doing this.  It only took a few seconds to find the coupon and I saved a bunch of money.  Some stores do not accept online coupons so before you make a trip to the store, ensure they will use your coupons.  Here are my favorite online coupon sites.  Please feel free to comment if you know of other good sites.

1.  CouponMom.com
2.  Coupons.com
3.  RetailMeNot.com
4.  SmartSource.com
5.  CouponCabin.com

Sunday, September 19, 2010

Provident Living: Become a Grocery Store Guru and Save! Save! Save!

My friend, Anissa, is a grocery store guru.  I consider her a "coupon queen" because she often gets things free or for a fraction of the original cost.  With her help and expertise, many women in our church congregation are becoming shrewd shoppers.  I invited her to share some of her wisdom with us and write an article about saving money on groceries.  Enjoy!

Savvy Grocery Store Saving Strategies
by Anissa Telle

I am what most would call an extreme couponer. It is not unusual for me to buy 16 to 20 of a single item if I can get it for free or very cheap. One caveat I practice is awareness of shelf life and whether the product is something my family likes. The last thing I want is to end up with items that spoil before we use them or are not appealing for my family, so I do exercise caution before stocking up!

I maintain an awareness of sale cycles and try to buy enough to ensure that I never have to pay full price for an item and to make certain that I have the quantity needed to tide us over until the next sale.

My family for the most part is not brand loyal to anything with just a few exceptions. By saving on staples I am able to have room in my grocery budget to splurge on excellent produce and other specialty items not typically found in those who have similar limited grocery budgets.

I don’t advocate my shopping methods for everyone. I do think that everyone can cut some grocery expenses by just having a better awareness of sale cycles and being more purposeful in grocery shopping.

For example, we have just gone through the back to school grocery specials. Did you know that this is the time of year that oatmeal is at its lowest price of the year? Similarly, breakfast cereal, juice boxes and lunch time snacks were also at the lowest price of the year. I don’t give my children many juice boxes as I prefer to fill up their personal bottles and limit waste but I did get several boxes for picnics, soccer snacks, and the occasional lunch box treat. Paired with a coupon from the Sunday coupon inserts or online coupon sources resulted in free packages of Apple & Eve juice boxes.

Some upcoming sales are holiday baking items. Butter, flour, sugar and chocolate chips will all be at a large discount. Consider stocking up. Most items can be frozen. If you are unsure just do a google search and you will find out the shelf life and recommended methods. Hams and Turkeys will also be at great prices – usually under $1 a pound. You can and should buy a few extra if you have the freezer space. These are great protein sources way below my personal price point of less than $2 a pound for meat! The point here is that just like any other consumer good groceries have a sale cycle – learn it and your grocery budget will benefit!

You wouldn't go on a date without spending a little time to get ready. Grocery shopping deserves no less! Everyone needs to come up with their own shopping preparation plan that fits in with their lifestyle, but here are some suggestions to get you started:

• Don't just go blindly to the store. Look at the sales ads first to see which stores have the best sales that week for the items you need. Then write a list for the items that are on sale so you don’t forget.

• Try and plan your meals around what is on sale and what you have in your storage. (This means that you should try to come up with a menu BEFORE going to the store!)

• Check your pantry and food storage before you leave to see what items you are short on to minimize trips to the store. (This saves on time and gas!)

• A stocked pantry will help prevent impulse purchases. A great example is having powdered milk for cooking – even if you don’t drink it this is great to have to prevent last minute trips to the store to just get milk. Very few of us are disciplined enough to just buy milk and we then end up with unplanned purchases.

• Learn to read the price sticker near each item. It shows the name of the item, the size, the retail price, and cost per unit (by pound, ounce, liter, gallon or quart.) Don't assume the bigger package is a better deal. Consider the unit price on the shelf tag and buy what goes on sale. Often, a smaller size costs pennies or is free with a coupon. (In fact, when you are coupon shopping, the smaller item that has been put on special for the week is going to win over the larger bulk size every time.)

• When you are comparing costs, look at the high and low shelves as well as those in the middle. The more expensive brands are often displayed at eye level, with the cheaper or sale items placed where you have to bend or stretch. Manufacturers pay slotting fees to get items at eye level so don’t be afraid to compare using unit prices!

• Go through your coupons prior to going shopping and pull the coupons for any items that are on sale. Place these together in the front pocket of your coupon organizer.

• Budget each week to buy multiples of at least one item that is on INCREDIBLE sale – this is called a loss leader... (an item reduced drastically to get you to come to their store... this is how you can build your food storage).

• Everything that goes on sale will come on sale again within about 8-10 weeks. It is a rotation process, so if you stock up on enough of the item to last that long, you will be able to re-stock at sale prices. Once you get into this you will find that you almost always have everything you use on hand, and you rarely have to pay full price for anything. (This is also a great way to start your food storage.)

• Know what you spend the most on. Keep a list of the items you buy regularly and track the prices over a three-month period by creating a price book. Then you can buy when they reach the bottom of the range.

• Be flexible with brands. If you want to save hundreds of dollars a year on an item, buy the brand that's on sale (or has a coupon or both.)

• Be flexible with ingredients. If the price of the vegetable or other item you wanted is high, don't have your heart set on it so badly that you are not ready and willing to choose something else.

• Buy seasonal produce. This is the cheapest and best way to get great produce for your family. You should also look for long-lasting vegetables, like cabbage and carrots, so you have time to cook with them before they spoil. "Anything you throw away, that’s the most expensive food you buy."

• Bags of produce are usually less expensive per pound than loose produce.

• Meat extenders such as rice, potatoes, pasta, dumplings, and grains can help stretch a meal.

• Don't think that you can always buy it cheaper at a warehouse club. Meat, frozen fruit, frozen vegetables and non-grocery items are often a good buy there but most other name-brand merchandise can be had even cheaper on sale at a major grocery chain.

• Some items are just cheaper regular price at one store than they are at sale price at another. Aldi’s is a good example of this. There are many basic items that I pick up here because they generally don't go on sale (or at least they don't go on sale for less than Aldi’s charges for them.)

• Always, Always, Always check the scanner prices as the cashier scans everything. Often the computer makes an error which can cost you. If you don't think it is worth bringing it up for some cents, think again. Some stores have scanner guarantee's which promise you correct prices or you get an incentive. The little amounts that you let pass can add up to quite a bit in the course of a year.

• Avoid frequent trips to the store. If you’re running to the grocery store every day, you’re not planning your grocery shopping. Unplanned shopping doesn’t allow you to take advantage of the sales and coupons that can make your groceries so much cheaper. Try to keep these grocery trips down to a minimum so that you aren’t making hasty choices with your grocery budget.

• Use up what you have – First In, First Out Principle. On Frugal sites they call this Eating Down the Fridge/Freezer Challenge. This helps if you sometimes end up with food in the fridge or pantry that you may have forgotten about. Plus, you have already paid for these items so it makes sense to incorporate them into your meals.

• Use your leftovers – keep a healthy fridge and use up extra ingredients in future meals. Leftover nights, enjoying last night’s dinner for tomorrow’s lunch, soups, smoothies and casseroles are all great ways to ensure you are not wasting anything!

Don’t feel the need to implement all of these suggestions at once. Even a small change in your current grocery shopping method will help in this economy where everyone is trying their hardest to spend less and save more. The last thing I want is for anyone to become disappointed or overwhelmed. So, start small and once a particular tip is implemented, add another one and watch your savings add up!

Preparedness Quotes

"When faced with the choice to buy, consume, or engage in worldly things and activities, we all need to learn to say to one another, 'We can’t afford it, even though we want it!' or 'We can afford it, but we don’t need it—and we really don’t even want it!'" - Elder Robert D. Hales, April 2009 General Conference

"Many areas of the world have experienced difficult economic times. Businesses have failed, jobs have been lost, and investments have been jeopardized. We must make certain that those for whom we share responsibility do not go hungry or unclothed or unsheltered. When the priesthood of this Church works together as one in meeting these vexing conditions, near miracles take place.

"We urge all Latter-day Saints to be prudent in their planning, to be conservative in their living, and to avoid excessive or unnecessary debt."
- President Thomas S. Monson, October 2008 Priesthood Session, General Conference

"Avoid the philosophy that yesterday's luxuries have become today's necessities. They aren't necessities until we make them so. Many enter into long-term debt only to find that changes occur; people become ill or incapacitated, companies fail or downsize, jobs are lost, natural disasters befall us. For many reasons, payments on large amounts of debt can no longer be made. Our debt becomes as a Damocles sword hanging over our heads and threatening to destroy us."
- President Thomas S. Monson, April 2006 General Conference

“We have built grain storage and storehouses and stocked them with the necessities of life in the event of a disaster. But the real storehouse is the family storeroom. In words of revelation the Lord has said, ‘Organize yourselves; prepare every needful thing’ (D&C 109:8.)”
President Gordon B. Hinckley

"We need to make both temporal and spiritual preparation for the events prophesied at the time of the Second Coming. And the preparation most likely to be neglected is the one less visible and more difficult--the spiritual. A 72-hour kit of temporal supplies may prove valuable for earthly challenges, but, as the foolish virgins learned to their sorrow, a 24-hour kit of spiritual preparation is of greater and more enduring value.

"We are living in the prophesied time 'when peace shall be taken from the earth' (D&C 1:35,) when 'all things shall be in commotion' and 'men's hearts shall fail them' (D&C 88:91.) There are many temporal causes of commotion, including wars and natural disasters, but an even greater cause of current 'commotion' is spiritual." Elder Dallin H. Oaks

“Every father and mother are the family’s store keepers. They should store whatever their family would like to have in case of an emergency…(and) God will sustain us through our trials.” President James E. Faust

“We live in a most exciting and challenging period in human history. As technology sweeps through every facet of our lives, changes are occurring so rapidly that it can be difficult for us to keep our lives in balance. To maintain some semblance of stability in our lives, it is essential that we plan for our future. I believe it is time, and perhaps with some urgency, to review the counsel we have received in dealing with our personal and family preparedness. We want to be found with oil in our lamps sufficient to endure to the end.”- Elder L. Tom Perry, Ensign, Nov. 1995

"Many more people could ride out the storm-tossed waves in their economic lives if they had their year's supply of food. . . and were debt-free. Today we find that many have followed this counsel in reverse: they have at least a year's supply of debt and are food free." President Thomas S. Monson

"Just as it is important to prepare ourselves spiritually, we must also prepare ourselves for our temporal needs. … We have been instructed for years to follow at least four requirements in preparing for that which is to come.

“First, gain an adequate education. Learn a trade or a profession to enable you to obtain steady employment that will provide remuneration sufficient to care for yourself and your family. …

“Second, live strictly within your income and save something for a rainy day. Incorporate in your lives the discipline of budgeting that which the Lord has blessed you with. As regularly as you pay your tithing, set aside an amount needed for future family requirements. …

“Third, avoid excessive debt. Necessary debt should be incurred only after careful, thoughtful prayer and after obtaining the best possible advice. We need the discipline to stay well within our ability to pay. …

“Fourth, acquire and store a reserve of food and supplies that will sustain life [if local laws permit such storage]. Obtain clothing and build a savings account on a sensible, well-planned basis that can serve well in times of emergency. As long as I can remember, we have been taught to prepare for the future and to obtain a year’s supply of necessities. I would guess that the years of plenty have almost universally caused us to set aside this counsel. I believe the time to disregard this counsel is over. With events in the world today, it must be considered with all seriousness.” - Elder L. Tom Perry, October 1995 General Conference

“Maintain a year's supply. The Lord has urged that his people save for the rainy days, prepare for the difficult times, and put away for emergencies, a year's supply or more of bare necessities so that when comes the flood, the earthquake, the famine, the hurricane, the storms of life, our families can be sustained through the dark days. How many of us have complied with this? We strive with the Lord, finding many excuses: We do not have room for storage. The food spoils. We do not have the funds to do it. We do not like these common foods. It is not needed -- there will always be someone to help in trouble. The government will come to the rescue. And some intend to obey but procrastinate.” - The Teachings of Spencer W. Kimball, p.375

“All too often a family's spending is governed more by their yearning than by their earning. They somehow believe that their life will be better if they surround themselves with an abundance of things. All too often all they are left with is avoidable anxiety and distress” - Elder Joseph B. Wirthlin

"Be prepared in all things against the day when tribulations and desolations are sent forth upon the wicked." D&C 29:8

"Too often we bask in our comfortable complacency and rationalize that the ravages of war, economic disaster, famine, and earthquake cannot happen here. Those who believe this are either not aquainted with the revelations of the Lord, or they do not believe them." President Ezra Taft Benson

"Fear not little flock; do good; let earth and hell combine against you, for if ye are built upon my rock, they cannot prevail. . .Look unto me in every thought; doubt not, fear not." D&C 6:34, 36

"I believe that the Ten Virgins represent the people of the Church of Jesus Christ. . . They (five foolish) had the saving, exalting gospel, but it had not been made the center of their lives. They knew the way but gave only a small measure of loyalty and devotion.

"The foolish asked the others to share their oil, but spiritual preparedness cannot be shared in an instant. . . . This was not selfishness or unkindness. The kind of oil that is needed to illuminate the way and light up the darkness is not shareable. . . . In our lives the oil of preparedness is accumulated drop by drop in righteous living." - President Spencer W. Kimball

“We encourage families to have on hand this year’s supply; we say it over and over and over and repeat over and over the scripture of the Lord where he says, “Why call ye me, Lord, Lord and do not the things which I say?” How empty it is as they put their spirituality, so-called, into action and call him by his important names, but fail to do the things which he says." - President Spencer W. Kimball


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