Are you wondering about how much it costs to live in this part of the country? How much do you spend on living expenses? According to the U.S. Bureau of Labor Statistics, the average cost of living in the Tri-State area amounts to $65,436. This includes groceries, healthcare, pet products, housing, entertainment and clothing. While this number may sound daunting, take relief in knowing there are ways to reduce this amount by introducing some very easy measures to trim down on your daily spending.

As the colder weather approaches, you may start to make your holiday travel plans, we may be faced with the decision of whether or not to purchase travel insurance. You may wonder if travel insurance is worth it. Here are some tips to help you decide before you complete your purchase:

If you want to advance to the next level of your ninja status, you need to learn the lingo.

Don’t let skyrocketing fuel prices drive you crazy – there are many ways to put an immediate dent in your gas bill.
First, nothing will save you more money at the station than a fuel-efficient car. Large, heavy vehicles can burn up to three times as much fuel as small cars – and as gas prices rise, your wallet will groan with every extra pound. If it’s time for a trade in, seriously consider purchasing a car that was built to get good gas mileage. There may even be tempting tax breaks for investing in the latest technology.

How financially savvy is your child?
According to a recent survey, only five percent of adults received any kind of financial education in school. It is a scary statistic, and may partially explain consumers’ record-high credit card and student loan debt.
If you want to equip your kid with the tools to be financially secure adults, a good place to start is with a savings and/or checking account. Once your child sees money going in and coming out, it can drive home lessons in money management.
Wondering if your child can handle the responsibility? Read on…