July 2015 - The Outlier Model | The Outlier Model

Stay Cool: How to Save on Summer Cooling Costs

Jill / July 28th, 2015 / No Comments

It’s almost August, and with that comes sweltering temperatures–and sticker shock when you open up your electricity bill. I live in Texas, and it gets hot here–as in, regularly over 100 degrees. During my first summer in the Lone Star state, I remember getting my electricity bill and immediately calling the electric company to inform them they’d made some sort of mistake. They...

Posted in: Home, Life Hacks, Money Tagged with: cooling costs, energy saving tips, save money, save on utility bills, saving

How to Help Loved Ones Manage Their Money

Do you need to help some family members manage their money? Here are some great tips from USA.gov that will help!

James Hendrickson / July 28th, 2015 / 1 Comment

This post is a contributed post from USA.gov. See their Financial Self-Defense Kit for advice on how to build financial confidence as well as safeguard your finances. Managing your finances can be hard. Managing the finances of an older relative or friend can be even harder. You want to honor your loved one’s wishes and respect his or her boundaries, but at the same time you need to act in the...

Posted in: Money

3 Reasons Cash is Better than Credit

Jill / July 24th, 2015 / No Comments

How often do you carry cash? If you’re like most people, you rarely have more than a few crumpled up singles at the bottom of your purse or stuffed in a pocket. According to one report by market research firm Javelin Strategy & Research, only 23 percent of retail purchases were made with cash, while 66 percent were made with credit or debit cards. Consumers worldwide tend to prefer credit...

Posted in: Money, Saving Money

5 Ways You’re at Risk for Identity Theft

Jill / July 23rd, 2015 / 1 Comment

It’s the fastest-growing crime in America, and every minute, 19 people fall prey to it. What is it? Identity theft. In addition to the personal violation you feel, identity theft is costly and time-consuming to reverse. It’s fairly easy to prevent identity theft just by changing some of the habits you may not know are putting you at risk. Here are five ways you may be putting yourself...

Posted in: Credit and Debt, Money, Uncategorized Tagged with: credit cards, credit report, identity theft, money, online security, online theft