Things to Buy When the Economy is Slow

Down economies reduce consumer spending, creating a bind for retailers. As excess inventory collects dust, companies have little choice but to drop prices in hopes of selling more product.

For the bargain shopper with extra cash right now, there are some terrific deals to be had out there. This 4-minute piece from NBC's The Today Show highlights a few of them.

• Wines over $25 per bottle reduced up to 50%
• High-quality diamonds reduced up to 30%
• Summer rental homes reduced up to 50%

Furniture is another discounted item.

Now, these aren't everyday-type purchases, but when the economy turns around for good, the bargain-priced items highlighted in the video are expected to return to their former price levels.

If you have the means, therefore, consider taking advantage while costs are down.

Don't Have an Estate Plan? Get One-

While no one wants to deal with their own mortality,there's a right way and a wrong way to transfer a home posthumously. The right way requires having a documented plan. The wrong way could stick your loved ones with a tax bill so large they may have to sell the home just to cover it. And the saddest part of not having an estate plan is the mess you leave for your loved ones to untangle after you're gone.

With just 4 minutes for the segment posted above , The Today Show rushes through some very important estate planning considerations, but that doesn't make the points any less relevant.

Among the estate planning tips:

1. Even a simple will can big protection
2. For multiple beneficiaries, consider a trust agreement
3. Avoid taxes by "selling" your home to heirs while you're still living

Estate plans are simple, are cheap, and affords protection from the state and the IRS. Every homeowner should have one.And though the points made here are important, remember they are very basic. If you have someone to consult with to review your own specific needs, why not give them a call and make an appointment. I'll bet you'll feel better after you do!.

Space Saving Ironing Fix!

Ironing boards can be bulky and awkward -- especially in a cramped laundry room or a small apartment.

Instead of fumbling with a folding board for a quick press, look to the Touch-Up Topper instead.

The Touch-Up Topper is a heat-resistant, portable ironing surface that rolls or folds for storage. Using sewn-in magnets, the quilted pad fastens to the top of most washers and dryers, turning any metallic surface into an instant ironing surface.

At 32" x 18 1/2", the Touch-Up Topper has a larger ironing surface than traditional ironing boards and it costs less, too. The Touch-Up Topper costs $14.95 and is available for sale at SkyMall.