Beating Broke

Personal Finance from the Broke Perspective

  • Home
  • About
  • We Recommend
  • Contact
  • Privacy Policy

Powered by Genesis

Search Results for: life insurance

A Tip for Your Food Bank Donation

September 19, 2022 By MelissaB Leave a Comment

Tip for Your Food Bank Donation

We’re heading into the holiday season with the trio of Halloween, Thanksgiving, and Christmas. Not only does this time because more hectic for most people, but it’s also a time when people become more generous and think of donating to others. Of course, one excellent way to donate is to give non-perishable food, but consider this tip for your food bank donation.

What Is Food Insecurity?

Thanks to the pandemic and inflation, food insecurity has a strong presence in our country. According to the U.S. Department of Agriculture’s Economic Research Service, “10.2 percent (13.5 million) U.S. households were food insecure at some time during 2021.”

Due to increased demand, many food banks around the country report that they do not have enough food to give to those in need so now is an excellent time to give to a food bank.

My Experience with Food Insecurity

I have only been food insecure once in my life. I was in 7th grade, and my dad had been laid off 18 months prior. Despite actively searching for a job, he had trouble getting interviews, let alone a job.

Money in our family had always been tight, but after he was laid off, money became very tight. And then his unemployment checks ended. No job was on the horizon, and I remember the panic my mom felt. Feeding our family of four was a challenge.

A Tip for Your Food Bank Donation

That Thanksgiving, someone anonymously left us a basket filled with food. Inside was a large turkey and many canned goods. We were delighted to have that basket. For a few weeks, if we stretched the contents, we wouldn’t have to worry about where our next meal would come from.

During that time, we were always grateful for any food we received. However, most of the non-perishable food that people donated was unbranded. Of course, there is nothing wrong with off-label food, but we hadn’t eaten that way before, so the food wasn’t quite as good to my taste buds. It made me feel “poor.”

Tip for Your Food Bank Donation

But in that Thanksgiving basket, I found an item that made me feel like life was back to normal. Inside the basket were several boxes of Kraft Macaroni & Cheese, which had been my favorite before my dad had gotten laid off. I’d eaten that at least twice a week. While I was grateful for the unbranded mac & cheese we received from food banks, having the real thing, the branded mac & cheese I had loved, made me so happy! I don’t remember how the turkey tasted that year, but I still cherish how good the Kraft Macaroni & Cheese tasted.

Final Thoughts

If you choose to give to a food bank this year, I suggest that you not buy all generic foods. True, they are the most economical choice, and you can donate more food for less money when you buy off-brand. However, I promise you, some child is missing his old favorite food that is now out of financial reach for his family. So, if you buy some name-brand food to mix in with the generics, you will delight the children of the family who receive the food, I promise.

Read More

Temporary Health Insurance Options

The Irrationality of Seeking the Lowest Gas Price

Don’t Make the Cost of Gas Your Scapegoat

Filed Under: Children, Giving, Married Money Tagged With: donations, food, food bank, food insecurity, Giving

3 Tips for Choosing a Neighborhood When It’s Time To Move

August 25, 2022 By Susan Paige Leave a Comment

Throughout the process of searching for a new home, choosing the right neighborhood is equally as important as finding the right house. Various aspects of a particular neighborhood could have an impact on all members of your household – it could determine where your children attend school, what activities and amenities are accessible with and without a vehicle, and can increase or decrease your overall cost of living each year.  [Read more…]

Filed Under: Home Tagged With: Choosing a Neighborhood

How to Recover Financially After a Car Accident Leaves You Broke

August 11, 2022 By Erin H Leave a Comment

Being involved in an accident is something that no one wants and that can never be predicted. It comes with a lot of life-changing conditions, and these can leave you incapacitated physically and financially. Read on to see some suggestions that you can follow to help you recover financially if you get into a car accident and your finances suffer on account of it.

Talk to Your Lawyer

The first step to take is to talk to your lawyer, especially if you were not responsible for the accident. If you experienced an injury, you should seek the help of a personal injury lawyer as soon as you’re able to do so. They will help you understand how the exact nature of your accident can impact your settlement. For example, if a plaintiff is found to be over 50% at fault for the collision, they are not entitled to recover any damages in some states. A good lawyer will help you avoid overpaying for medical treatments, not receiving an insurance claim that you’re entitled to, and more. Look for a lawyer whose fees are reasonable and that won’t charge you unless you win so that you’re not at risk of suffering more financially if you don’t receive a settlement.

Don’t Seek Help From Questionable Sources

While you may be pressed to seek assistance to cover your bills, it’s important to practice caution. Avoid falling prey to predatory loans that could see you pay a hefty fee back. You could try social lending or crowdfunding, in which case you may manage to pay your debts thanks to compassion from people around the world. If you have good insurance policies, these could also come in handy and help you get some money to boost you in time of need. Speak to your agents so that you can find a way forward without compromising your future even more.

Restructure Your Budget

When your finances are left in shambles, it only makes sense to rethink your future budgeting. Keep in mind that the latest figures from the New York State Department of Transportation share that the average cost of an auto accident depends on where the accident took place. It will cost $15,000 on the lower end and $63,000 on the higher end, with most accident costs falling between $30,000 and $40,000. These are considerable figures, so you may need to come up with a different budgeting strategy to deal with them effectively.

Get a Side Gig

If you are in a position to work, there are plenty of options of side gigs available to you to pick from. Even if you’re unable to do physical activities that involve moving around a lot, there are many online-based gigs that you can try out. If you have specific skills or talents, there is likely a way for you to monetize them and reap the financial rewards. Whether it’s writing or graphic design, you can find someone willing to pay for your services and this amount will help you in some way.

You can even rent out an extra room in your home after making some adjustments to your lifestyle. For example, by moving unused items to the garage to empty out one of the rooms in your house. For around 50% of homeowners, the garage is their home’s most unorganized room, so it’s important to get yours in order as doing so could help you get some money through a garage sale or clearing space for a tenant.

Use these suggestions to start your financial recovery after getting into a car accident. Don’t forget to prioritize your physical well-being as well because your health is ultimately your most important form of wealth.

Filed Under: Uncategorized

  • « Previous Page
  • 1
  • …
  • 34
  • 35
  • 36
  • 37
  • 38
  • …
  • 42
  • Next Page »
  • Facebook
  • Pinterest
  • RSS
  • Twitter

Improve Your Credit Score

Money Blogs

  • Celebrating Financial Freedom
  • Christian PF
  • Dual Income No Kids
  • Financial Panther
  • Gajizmo.com
  • Lazy Man and Money
  • Make Money Your Way
  • Money Talks News
  • My Personal Finance Journey
  • Personal Profitability
  • PF Blogs
  • Reach Financial Independence
  • So Over Debt
  • The Savvy Scot
  • Yes, I am Cheap

Categories

Disclaimer

Please note that Beating Broke has financial relationships with some of the merchants mentioned here. Beating Broke may be compensated if consumers choose to utilize the links located throughout the content on this site and generate sales for the said merchant.

Visit Our Advertisers

Need to change careers? Consider an Accounting Certificate Program from WTI.