Spring 2013, Week 1

Sunday, April 14, 2013

  • Health: Get enough sleep. Most adults need about 8 hours of sleep each night or we develop "sleep debt."
  • Wealth: Don't expect something for nothing. Be leery of offers promising guaranteed investment returns.

Monday, April 15, 2013

  • Health: Get daily exercise of at least 30 minutes on most days for good physical health.
  • Wealth: Know your federal marginal income tax bracket. Your marginal tax rate is the percentage at which your last dollar of income is taxed.

Tuesday, April 16, 2013

  • Health: Try new vegetables. Most Americans eat only a few vegetables and can expand their horizons.
  • Wealth: When car payments end, make the monthly "payment" to yourself to save up a down payment for your next car. If you save $250 a month for three years, you'll have $9,000!

Wednesday, April 17, 2013

  • Health: Read Nutrition Facts Labels on food packages and avoid food high in fat, salt, sugar, and calories.
  • Wealth: Shop around for credit, just like other purchases. Follow the "Rule of 3" and compare three lenders' APR, fees, rewards, and other loan terms.

Thursday, April 18, 2013

  • Health: Write down what you eat and drink and how much. Studies have found greater weight loss by trackers than by others who do not track their food and beverage intake.
  • Wealth: Avoid borrowing money from high-cost finance companies. Apply at a bank or credit union first.

Friday, April 19, 2013

  • Health: Keep a food diary for several weeks. When people measure or monitor their behavior, they are often inspired to do better.
  • Wealth: Negotiate credit card terms. Many card issuers will reduce fees and/or interest upon request. State the interest rate that you are requesting instead of asking "Will you lower my credit card interest rate?"

Saturday, April 20, 2013

  • Health: Eat healthy and green. Choose whole unprocessed foods and vegetables as much as possible.
  • Wealth: Plan your use of plastic. Know the "float" time between the date that a purchase is made and when the bill for purchases is due. The longer the float, the more time you have to come up with the money.

  1. Rutgers
  2. Executive Dean of Agriculture and Natural Resources
  3. School of Environmental and Biological Sciences