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The Feldman Report PM 10/12

WWJ and FOX 2 News Detroit’s Murray Feldman reports on money management and how you can save without having alot to start with.

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Money Saving Tips For Tough Economy

DETROIT (WWJ) – Saving money in a tough economy can be a challenge.   With gasoline prices going up, and food prices doing the same, you’ve got to ask yourself, “Are there ways to save a few bucks?”...

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Mild Winter Adds Up To Savings For Local Road Departments

MOUNT CLEMENS (WWJ) - The mild winter has meant money in the bank for local road departments. Macomb County Road Commission Director Bob Hoepfner said costs for salting and plowing have been cut by...

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Study: Only 15% Of Americans Make Annual IRA Contributions

DETROIT (WWJ) – The percentage of U.S.workers who make annual IRA contributions has dropped to a record low 15 percent, according to a new survey commissioned by Greene IRA. The IRA study, released...

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What To Do With Your Tax Refund

By Ray Martin, CBS MoneyWatch (CBSMoneyWatch) Most tax filers are getting a refund after they file their 2012 return. With the average refund running about $3,000, a lot of people will be thinking...

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New Rewards Program Hitting Detroit Market

BOCA RATON, Fla. — A Florida based merchant loyalty program that works through bank or credit union debit or credit cards is entering the Detroit market. Charge Rewards Co., which does business as...

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Low Or No Cost Health Care Options For People With Low Incomes

Under the Affordable Care Act (ACA), federal and state governments are setting up and running health insurance marketplaces for individuals, families and businesses to purchase quality health...

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How Much Will You Need To Retire? More Tools Popping Up Online

DETROIT (WWJ) – If you’re thinking about retiring you might be happy to learn you can do it online now. Mark Hinkle is the spokesperson for the Social Security Administration and says millions of...

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How To Start A Rainy Day Fund For Your Small Business

  A large cause of stress for many entrepreneurs is finances. When growing a business, daily expenses can put strains on capital, to the point where there may not be enough money to handle emergencies,...

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42 Percent Of Americans At Risk Of Retiring Broke, Survey Finds

CBS Local — An annual survey of how well Americans are preparing for retirement has found that a large number of people are at risk of leaving the workforce with barely anything saved up. According to...

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Here’s How You Can Save $1 Million In Your 401(K)

(CNN Money) — Saving $1 million for retirement may sound like an impossible task that not many people have achieved. But about 157,000 people have saved at least $1 million in their 401(k)s with...

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Whitmer Says Car Insurance Savings Will Be Higher Than Required

LANSING, Mich. (AP) — Gov. Gretchen Whitmer and a top state regulator said Tuesday that drivers will save more on car insurance than is required under a bipartisan overhaul of Michigan’s auto insurance...

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Recession Concerns Loom, Financial Experts Say Don’t Make Emotional Decisions

(CBS DETROIT) – If your financial portfolio is losing value, you’re not alone. Inflation and a volatile market can create the perfect storm that unleashes pain, but Nichole Baaki of JP Morgan Chase...

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