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October 19th, 2013 Brought to you by:

Supported by:

Don’t miss award winning author of the book Money Letters 2 My Daughter

Jackie Cummings Koski

Save the Date October 19, 2013 Reminder Purses Logs should be faxed or mailed in by September 15 to receive recognition at this year’s Celebration. For more information, logs & updates visit www.dfli.org.

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“You’re never too old to have a new dream.”

Twenty years ago, I dreamt of school banks. Thanks to Bonnie Meszaros and Bunny Miller, Bank At School materialized; with their help and that of Judy Austin,  there are now over 80 bank “branches” in schools across the state.  Fifteen years ago, I dreamt of a school for economics and entrepreneurship.  Jim O’Neill and Susan Gleich helped me create Green Street Works.  Ten years ago, Terri Hasson shared a vision for ongoing financial education for women; I dreamt the  name Purses to Portfolios;  to date, this program has received well over a million dollars from Citi Foundation and has had enormous impact on Delaware women and the Money School. And still I dream. Just months ago, I woke up with very specific new dreams.  With a lot of help from my friends and colleagues, those dreams are in the works! I was thinking about how DFLI’s Money Club program was  catching on with all ages, families, friends, colleagues, and school sites.  Christine and Shaquilla adapted the program for teens in Delaware Adolescent Program (DAPI).  Possibilities played in my mind.  One night I dreamt of expanding the Money Clubs to churches and prisons... I made a phone call; with the creativity and talents of my friend Alisha Adams, faith-based money clubs were created.   I was honored to attend Alisha’s Money Club, “Savvy Sisters.” Now, I am looking forward to Alisha sharing the format with you on at the September 5th Train the Trainer. (Write to Christine@dfli.org for info.)  Alisha  also created a Money Clubs program, “My Money Matters,”  for pre-release prisoners at Baylor and Young Correctional Institutes.  My long-time passion for entrepreneurship education is frequently on my mind so it probably was no surprise that I dreamt of a business incubator for new and emerging entrepreneurs to have offices, training, and mentors.  Another friend, Dinette Rivera, worked with me to design a proposal for a business center.  My Board VP Jeff Chapman helped me secure a generous Capital One grant to make this a reality.  In April, the Center for Business Growth opened and serves 8 minority and women owned businesses.  Talk about the opportunities for supplier diversity!  Watch for details on dfli.org and how you can join activities at our new Center located across the hall from the DFLI office.  So in this issue, I want to salute women in business and my friends who not only inspire me to keep on dreaming, but who help me realize my dreams.   You know who you are...


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What is the Best Time to Buy?




Delaware Center for Enterprise Development Meets the Need!


Let Your Passion Show

10 What Kind of Shopper are You www.dfli.org

summer 2013 12 What’s Your Money Consciousness

22 Summer Childcare Saving Strategies

17 Entrepreneur in the Spotlight

24 What’s Cooking?

19 3 Generations Saving at the Salvation Army

25 Social Security Brings the Office Outside

20 As the Temperature Climbs, so can those Summer Energy Bills

26 He Says, She Says: Wife Guide

Spring 2013 1

What is the Best Time to Buy?

By Mary Caraccioli, Money Confidante

When I was growing up my dad worked for a popular department store. He taught me that there was discount season for everything. Bed linens were discounted in January white sales. Winter coats were marked down in February, etc.  From that exposure I learned that if I wanted to get the best deal, timing is everything. Here are just a few: Smartphones:

If you are patient you can save 30-60% new model smartphones by not rushing to buy the latest model. With the exception of Apple, most smartphones drop in price by at least 30% within 6 months after being released. The less-than-hot sellers dropped about 60%. If you want an Apple product the best time to get a deal is just after a new model is released. After the iphone 5 was released the iphone 4s could be found for $99.


Computers are cheapest on Mondays, when manufacturers apply their rebates. Also do some shopping in August when back to school sales are available and manufacturers and retailers off some of their best deals of the year. April is another great month for laptop deals.  It could be they are looking to get some tax refund dollars. Whatever the reason you can save hundreds of dollars.

Golf clubs:

The best time to save big on a set of clubs or replacement clubs is

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in June and July. The start of the season means last years models get marked down- sometimes as much as 50%.   2nd best- the holiday shopping season. Big holiday markdowns plus retailers desire to shrink end of season inventory – can often result in big savings from 25-60% if you combine deals (markdowns plus store coupons).

Major home repairs like new roofs or furnaces:

The number one answer is to make home repairs when you are not experiencing an emergency. That is when you can shop around for the best product at the best price. For HVAC updates consider having your systems changed in Fall or Spring before the busy seasons of Winter or Summer. Once you know what kind of system you want do an online search of the manufacturers for coupons or rebates and also ask the installers if they are offering any specials. When you aren’t in a pinch you can ask for a deal.


The boat show season is in February. That is when the new models www.dfli.org

are unveiled. It is a great place to climb aboard and get to know what you like. But you may want to hold off buying for a few more weeks. Soon after the shows wrap up- the dealers are looking to clear out last year’s models to make way for the new vessels. That is when you can sail off with quite a bargain for last year’s model.


Most RV trade shows happen in the first quarter. The shows may be a time for you to strike the best deal. But most experts suggest if you are new to RVing consider renting or buying second hand to save the most. Make sure you are mindful of the added costs of RVing from fuel to hook up and fuel costs.

Digital cameras:

Look for black Friday and cyber Monday deals for some big savings offered by retailers and e-tailers. If you missed out on those deals you get a second chance in January when new models are released during the Consumer Electronics Show in Las Vegas. Last year’s models will drop 20-30% as retailers make room for the new models.


The best time of year to get deals on toys in the holiday shopping period which runs before Black Friday (early November) straight through New Years Day. You can even sign up for email notification of flash deals from big retailers like ToysRus. The flash sales can be as much as 40-50% off.

Plants/landscaping/ garden supplies:


April is a good month to get off-season deals on cruises. It is not a big vacation month so often last minute deals saving you 35-40% off your trip are available.

Airline tickets:

If you are buying tickets for Holiday travel- the best time to buy is September. But for other times of year- Wednesday at midnight great last minute deals are released by the airlines. These are worth monitoring as they can shave hundreds of dollars off of a roundtrip ticket.


New Mattress season is in the summer so just before that in May you can often find the best deals on Mattresses- you maybe able to save as much as 40%. Tip: Know exactly what you want before you start comparing prices to make sure you are really getting a dealnot just a lesser model.

Exercise equipment:

January is when you will find the bets deals at the big box and fitness specialty stores as they try to take advantage or New Year’s resolutions. You can make anytime the best time to buy virtually anything if you give yourself time to shop around and get a strategy. Much of that shopping can be done from the comfort of your home using the internet to compare prices. Lastly, don’t forget to check into store The best time to buy supplies is often in clearance after coupons.  Once I narrow down the stores that have the best price for what I want- I check to see if they have the growing season (November thru January). But the online coupons or if they put out weekly circulars. best time to plant is April-May and September-OctoOften I get an additional 10-20% off of my purchase ber.  The best deals for plants come just before those for my efforts. seasons and right at the end. www.dfli.org

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5th From Purse to Portfolios Celebration Chase Center on the Riverfront October 19, 2013 10:00AM 815 Justison Street Wilmington, DE 19801 REMEMBER! All Purses logs due September 15th to be recognized for reaching a new level.

Registration info will be available September 1st

Check out www.dfli.org for level requirements & registration info 4 Pocket Change



By Rashmi Rangan, DCRAC http://dcrac.org/

Just like I cannot decide whether I like Spring better or Fall; I can never decide whether winter is more expensive or summer. Winter blues include heating bills, black Friday shopping, Thanksgiving/Christmas, new tires, the list goes on.

at least help you be miserable in comfort.”—Helen Gurley Brown.   Isn’t it good enough motivation to become a student of money this summer?  Learn about the Delaware Financial Literacy Institute and its numerous partners.

This summer, I am already thinking about my yard, water bill, air conditioning, BBQs, summer camp, and such.   Many expenses around the house increase when the weather warms up! 

Manage your expectations and your budget! If you have never managed money before, it will take a little time to get the hang of money.  Managing money is not easy.  But knowing that there are other ways to handle money is a good start.  For example, I water my lawn and garden early in the morning.  It saves my water bill. If you pay a lawn management service, could a neighborhood kid to cut your grass?  I love gardening so I try to grow vegetables to cut down on that grocery bill.  One year, I grew so many tomatoes that until next summer I did not buy fresh tomatoes!  City residents could explore a community garden.  If you can, try and keep your outdoor furniture until late in the summer.  If you must replace them, try holiday sales or buy late in the season.  For your BBQs, buy in bulk.  We try to use reusable plastics/paper products rather than disposable plastics/paper.  Gasoline goes up in the summer.  Try to plan your trips.  You can always find the cheapest gas on your way to work.  See if you can adjust your schedule at work so you can avoid driving in the rush hour.  I avoid it both ways!  Early to work and late off work.  I have a thermostat and a whole house fan installed in my house.  I use air conditioning very rarely.  I change filters often and keep blinds closed.  My grandkids are still in daycare.  But, my friends are already agonizing over how to keep their kids safe and entertained.  To avoid the most expensive part of an outing—eating out—pack a picnic.  Can you kid-pool!  Get one baby sitter for many kids?  Without careful attention summer bills can easily skyrocket. It’s important to be prepared.

So, I created a cheat sheet for myself ! Summer stands for setting goals, understanding my finances, motivating myself to manage my money, expecting more, and reading!

Set Goals Understand Motivate Manage Expect more Read

Setting goals is very easy. I want a new car.  I want to become a homeowner.  I want to go to grad school.  Etc.  Couple this goal with an action plan.  I want a new car in 2 years when I can trade in my jalopy for $2,000.  The new car will cost about $8,000.  I could save $5 a week by packing a pbj.  In 2 years I will have saved $250.  I will need to borrow $5480.  As LL Cool J says, “I try to do the right thing with money.  Save a dollar here and there, clip some coupons.  Buy ten gold chains instead of 20.  Four summer homes instead of eight!” We have to understand ourselves and make choices based on knowing who we are and what we want.   “Money, if it does not bring you happiness, will www.dfli.org

Finally, pick up that bill and your statements and read!   You will be surprised at how much you can learn about yourself and how your money is working or not working for you.

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ADOPT-A-STUDENT PROGRAM Designed to encourage a positive attitude towards school by helping with the supplies students need to achieve success. Our goal is to take away some of the stress parents and low-income families encounter when they prepare children for a successful school year. We want children to focus on their educational experience and not whether or not they have the tools to manage during the day.

SUCCESS of 2012 Program

Helped 305 students with backpacks and school uniforms – an increase from 160 students in 2011. 2013 GOAL

To support 400 students in grades 1 through 8

We accept backpack and school supply donations as well as $50 gift cards to retail stores that carry school uniforms (e.g., Forman Mills, Kmart, Rainbow, Walmart). 1 - $50 gift card will support 1 child with 2 school uniforms for the school year.

Will you partner with us? Deadline for 2013 Donations: Thursday, August 8, 2013 All checks should be made payable to “Adopt-A-Family”

ALL DONATIONS ARE TAX DEDUCTIBLE Contact: New Castle County Adopt-A-Family, 3301 Green Street, Claymont, DE 19703 302-792-9538 * meghan.costello-miller@state.de.us

Adopt-A-Family is coordinated by the DHSS, Division of State Service Centers, under leadership of the Human Services Council, Inc., a 501c3 volunteer advisory group. This relationship allows for a public-private partnership that works to support families throughout the year. Adopt-AFamily is completely funded by individuals and corporations with administrative support from DHSS/DSSC. Therefore, all donations are managed by the Human Services Council and about 98% of all donations are used to provide direct support to needy families.

NEEDS THESE ITEMS Toddlers Beds/Cribs

Pack N Plays


High chairs/Activity Sets

Infant clothing

Bedding for Children

Our families desperately need these items If you no longer have the need for any of the above items, DON’T THROW THEM AWAY; DONATE them!

ALL DONATIONS ARE TAX DEDUCTIBLE Contact: New Castle County Adopt-A-Family, 3301 Green Street, Claymont, DE 19703 302-792-9538 * meghan.costello-miller@state.de.us

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Delaware Center For Enterprise Development

Meets the Need! Delaware State University, Dover Campus, is in the home of the office of the Delaware Center for Enterprise Development (DCED). The mission of DCED is to educate current and prospective entrepreneurs and enterprise managers through training programs, technical and managerial assistance and by providing access to capital. DCED has provided services to over 10,000 Delaware residents and continues to offer innovative programs with business start- up. DCED works with all businesses and operates a Food Business Incubation Center FBIC for residents interested in the food business market. Participants are provided many food related services including the use of a commercial licensed kitchen, nutritional labeling, and food science analysis. The FBIC was established in 2007 and has provided services to dozens of food businesses. DCED also offers all businesses technical assistance and partners on-site with SBDTC, SBA, First State Community Loan Fund and the Procurement Technical Assistance Center. DCED’s recently established Mobile Entrepreneurs in Training (MET) Program uses a mobile bus to train rural residents. The MET bus is a fully equipped mobile classroom with desks, chairs and computers. DCED is an active member of the Delaware Financial Literacy Institute’s Coalition of Organizations Delaware Entrepreneurship.  To schedule training on the MET bus please call 1-302-857-6954


Spring 2013 7

Let Your Passion Show By Tiffany Kellar

I had been a Leader and Independent Consultant with a previous direct sales company for almost 10 years. I built a successful, fairly large organization with that company of 70 plus people and earned the top rewards and trips that the company offered. However, I found that my life and family needs were changing. To be successful with the previous company, I had to go out of the house many evenings and weekends to perform home parties which took me a way from family events that I really wanted to be a part of. I was starting not to enjoy the parties or the overall business as much because I was torn between my family life and work life. Plus, I was finding it difficult to book parties and many of my team members were having the same experiences. Since parties were the heart of our business, the lack of parties resulted in less

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income. I was also spending more time over the last few years on the phone than I ever had before but my income was continuing to decline. And, again, that phone time was also taking me away from family time. I thought I was going to need to get an office job to replace the income that I was lacking but my husband and I did not want that unless it was absolutely necessary. We decided when our son was born that we would do everything we could to allow one of us to be home for our son. We love our life that way! Plus, in all honesty, after being my own boss for almost 10 years, I dreaded the thought of returning to a job that would not allow me the flexibility and freedom of being my own boss and making my own schedule. I was not actively looking for another direct sales/network market-

ing type of company since I did not think I could find another company that I loved as much as my previous one. But, I was lucky enough to have a health and wellness company introduced to me by one of my best friends, Gina. Gina knew that health and wellness is a passion of mine and also knew that this was an amazing business opportunity for both her and me. The company is Isagenix and they offer total nutritional solutions for everyone; those wanting to lose weight, gain energy and performance, age youthfully, and create wealth! So, it was not just a weight loss product plan, as I had originally thought. In fact, many top athletes absolutely love the products as well as everyone that wants to live a health life style. After reviewing the business opportunity and the products, I decided to give it a try. I figured I had nothing to lose. In fact, I only had everything to gain because the products were awesome and could


help me get healthier. After using the products, I felt more energy and healthier than I ever had before. I was seeing amazing results of more lean muscle, loss of inches, and I was sleeping so much better. I was also seeing some wonderful results from my friends that were experiencing the same results and those that had to lose weight and fat, were losing it! Avid runners that I know were increasing their run times. So, I saw for myself that it was a great product and I was hooked. Once I started sharing it with others, the response was outstanding. Within 1 month of releasing my team with my previous company, I had replaced my monthly income and it has only grown since then. Not only do I absolutely love the products, but I have also discovered that the company and leadership are outstanding. That aspect is something that I thought would be difficult to replace from my previous company. The Isagenix leadership is wonderful and all the people truly make it feel like a family which is a feature that is very important to me. Even though I


am in “sales”, I have never felt like a salesperson. When I truly believe in a product and the company that stands behind it, then I love sharing it with others. I want everyone to be a part of it because I love it so much.

sionate about Isagenix is because a healthy life style is something that I have always wanted for myself and my family. Our entire family enjoys the products and has found great benefits from it. That includes my 11 year old son.

Isagenix works much better for my life for so many reasons. First, there are no home parties involved. Isagenix differs from my previous company in that it is considered a network marketing company versus a direct sales company. Both types are similar but there are some big differences. The Isagenix business grows just be referring others to use the products. You begin by referring it to two people, and then you teach those two people to refer it to two people. When you continue to duplicate that simple model, the business grows exponentially. It is a wonderful, lucrative business model that is working for me and for so many others. Much of my business is grown through social media such as Facebook. I now have the opportunity to make the income I need and the family life I want.

And best of all, I enjoy helping others live a healthy life style. It is so rewarding to help others achieve their health goals. Our team has already helped so many (over 450 people in 4 months) start on their healthy journey. Helping others is something that I have always loved and when I can help them be happier with themselves and possibly live a fuller, healthier life, there is nothing better.

Other reason I love and am pas-

When you are passionate about your business, your products, and what you’re achieving, plus have the benefit of it fitting into your family life, you will never feel like you’re “working”. As the infamous Confucius quote says, “do what you love and you’ll never work another day in your life.”

Tiffany Kellar (302) 598-0985 tkellar@comcast.net www.IsaTiffany.com

Spring 2013 9

What Kind of

are You? r e

p p

Check every statement that describes you, then count your checks...

o h S


I shop at least once a week in stores, online, in catalogs…


I almost never make a list of things I need before I shop.


I shop when I am upset.


I shop when I am in a good mood or feel like I deserve a reward.


I often buy things I don’t need.


Sometimes, I buy things just because they are on sale.


I go shopping when I am bored or have nothing to do.


I use my credit card even when I know I can’t pay the credit card off at the end of the month.


If I go to the mall just to look around, I end up spending money.


I buy things I know I cannot afford.


I have so much stuff I don’t even know what I have.


Sometimes I buy things and don’t even take them out of the bag.


I often hide what I buy so my family does not see what I have spent.


I worry about my bills a lot of the time.


I know what BOGO and Maxxinista means.


I have no idea how much I charge when I shop

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Scoring: 1-3: ON THE SIDELINES You just love to shop, but you seem to be keeping it under control.

4-7: CAUTION ZONE Make a plan to cut spending and stick to it. Start a rainy day fund. Start to keep a record of every purchase you make. If you can’t pay cash, don’t buy anything.

9 or more: DANGER ZONE You must make a plan and take drastic steps to curtail your impulse buying. Enlist a friend to help! Find something to do with your shopping time. Check out the Shopaholics Video at http://www.dfli.org/index.cfm?ref=02250

List Some Remedies 1. _________________________________________________ 2. _________________________________________________ 3. _________________________________________________ 4. _________________________________________________ 5. _________________________________________________

Life is short, it is up to you to make it rich!


r e

o h S

p p

Spring 2013 11

What’s your

money consciousness? By Quadia Muhammad, Former Public Ally at DFLI

While summer is my favorite time of year, for me it is also a period of limbo. I’m making plans for the next three months; yet, also pondering my 2013 goals.  For example, I have a New Year’s resolution to save five hundred dollars each month. Doing so, by June I would have saved three thousand dollars . By year’s end, I would have six thousand dollars. In five years, thirty thousand dollars, and in ten years I would have sixty thousand dollars of cold, hard cash. No, I would not be able to retire, but I I would have a substantial nest egg. Instead of three thousand, to date, I have saved $1,250. Not terrible but, $1,750 shy of my goal. I can make excuses about emergencies, and unexpected circumstances; however, what is more important than paying myself first in order to secure my financial future? The worst part is when I look back, I am unable to identify quickly the dire emergency or unexpected circumstance which derailed me from my savings goal. Ultimately,

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this means what I deemed an emergency, in the end, was not an emergency after all. Not hitting my savings goal caused me to think about my money consciousness. What is my relationship with money? How do I view it as a resource? When I think about money, do I think of it in terms of lack or abundance? What words do I use to describe money and monetary situations? Most importantly, if I make a promise to save how do I follow through? The above questions led me to Life Coach Kym Consciousness. Interestingly, Kym says the majority of our decisions are driven by our subconscious and not our consciousness. She writes: “Only 10% of our mental activity is conscious. Ninety percent of it is subconscious, and our subconscious remembers everything we have ever seen, heard, thought or done

in our lives. Your subconscious mind is nine times bigger than your conscious mind and therefore it has far more capacity for magnetizing its equal into your life than your conscious mind does. Your sweet and naïve conscious mind could be visualizing that pretty two-seater car all day every day, but if your subconscious remembers vividly that your dad got his car repossessed four times (in front of the neighbors) and during those times you all had to take the bus to get around, you may wonder why your vision is not producing results!” This light bulb moment, made me think about the money baggage I am carrying subconsciously. As a child, my parents struggled. I remember my mother bouncing checks and my young, inquisitive, mind pondering how a check could bounce. I remember the pain in my father eyes when he had to tell me, “I don’t have it.”  Sure, I always had a roof over my head, food to www.dfli.org

eat, and clothes on my back. However, the seeds which were planted, germinated into my present financial outlook which is – Money is something in which there is never enough. Initially, I was uncomfortable admitting my current financial outlook was not working and had to be redrawn! I also know however, that it is only when we identify a problem that we are able to take the necessary steps to resolve it. My first step was realizing there is enough money – I simply must prioritize and develop a spending plan. I get paid every other week, so I can save feasibly $250 each pay period. After which, I pay bills and living expenses. Any expenditures beyond that are incidentals which I can probably live without. Again, this new plan is contrary to how I have saved in the past, and it is taking time for me to grow accustomed. My subconscious still wants to be the driver. I’m learning to stop and to pause before making any financial decision (be it dining out or a house-related expense), so I know I am making a conscious choice instead of one based in habit or fear. Following through, will put me in charge of my money instead of my money being in charge of me!

Everybody is talking about the new yellow little money book Ten Commandments of Financial Awareness by Personal Finance Coach & Educator, MJ Livingston! This book is a must have in your personal library or ebook collection! Because most women, youth & young adults were not taught about money, they do not have a reference point to know how am I doing? Is my grade in money management an A or is it lower? Well worry no more! After reading Ten Commandments of Financial Awareness by MJ, you will determine how many money commandments your are implementing and how many money commandments you are in need of applying. If you are doing all 10 commandments you are an excellent money manager, between 7-10 is great, 4-6 is fair. So pick up your copy of Ten Commandments of Financial Awareness today. Available at Ninth Street book store, or by going to http://www.amazon.com/ or Barnes & Nobles.


For questions or comments, you may contact MJ directly at: covenantceo@gmail.com http://www.mjlivingston.com/ http://www.mjmoneycoach.com/ http://facebook.com/AuthorMJ.Livingston Follow MJ on Twitter @MJLivingston1 View MJ’s interview on YouTube: MJ Livingston For Credit Counseling visit my office at the coIN Loft: 605 N Market Street, Suite 2 Wilm., DE 19801 To Mail Correspondence: P.O. Box 25336 Wilmington, DE 19899 (302) 333-3403


Spring 2013 13


We have plenty of space for more great ideas! Please send us your suggestions for our next issue...

saving tips financial questions delicious, low-cost recipes low-cost crafts spotlight your business... Send your ideas to info@dfli.org

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Spring 2013 15

Community Healthcare Access Program

Finally, a way to get healthcare that you can afford! What is CHAP/SFL? Two Programs within Delaware’s Division of Public Health. CHAP gives uninsured people access to more affordable medical services, and helps them find a doctor who looks after their health needs. SFL provides individuals free cancer screenings as recommended by a physician. These screenings test for the following types of cancer: breast, cervical, colon, and prostate.

Who is eligible for CHAP/SFL? Delaware residents without health insurance, who have an annual income that meets program guidelines. Even if you are not a US citizen, you may be eligible for CHAP/SFL.

How do I enroll in CHAP/SFL? Call 211 or (302) 792-2757 ext. 160 and schedule an appointment with the Health Promotion Advocate. You must have a picture ID, one month's proof of income, and proof of residency. The Advocate will help you fill out the CHAP/SFL application and review other benefit options.

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Why Should I Apply? 

Access to More Affordable Medical Care


Improved Health with Regular Check-ups & Recommended Cancer Screenings


Network of Treatment Options


You Deserve to be Healthy!

Contact: Sylvia Austin Health Promotion Advocate CHAP/SFL 3301 Green Street, Claymont, DE 19703 sylviaaustin@claymontcenter.org (302) 792-2757 ext. 160 www.dfli.org

Entrepreneur in the Levine Coates Levine’s Companionship & Assistant Services levinecoates@yahoo.com 302-655-0300 When did you know business – and this particular business – was your passion? I want to say I knew business the year of 2011. I always had a side hustle meaning buying products that consumers could use. I would buy the products at wholesale price and make a profit of 50% .The business I have now comes from me having a caring heart of helping people when in need. My Business became full circle when my sister became sick. I realized during this time   a lot of tender loving care is needed when it comes to caring for a family member..  I worked a full-time job; I would get off from work and go to my mother’s to give her a break. There was another time when I was able to sit with one of my best girlfriend’s mother to give her the opportunity to leave her home to go enjoy a Christmas program for the holidays. My passion/ that started my business What personal characteristics and skills do you have to handle problems, stresses, and risk involved in your business? When I meet my clients for the first time I listen and I ask questions. I want them to feel comfortable with me because this is the start of a relationship. All the services I provide are things I enjoy doing. I provide a contact for all my clients this is to prevent any issues that could become a problem during my time with them. I keep my stress down by walking 30 to 60 minute on good weather days or going to gym. I have invested in liberty insurance to protect myself or any risk issues during my services this also protects my clients.   What advice would you give someone looking to become a small business owner? Learn all that you can never think you know it all. Put yourself in a circle of people that think yourself www.dfli.org

Where and how do you see your business in the next three years? Small office location with a couple of parking spaces at least three. I want to stay in the city limits How do you handle the dream stoppers? This is the biggest thing I have to always remember is everyone is not going were I am going and they all will not all be happy for me, so I have learned to ask god for discernment. Describe your business in 3-5 words? Love what I have created How would someone describe you as an entrepreneur? You have a caring heart for this line of business What are your personal goals? Take mini vacations when I can I least every six months Start saving to take my granddaughter to Disneyworld. Are they the same as your business goals? No My business goals are to keep learning each day in the business something is always new If you had to start this business over, would you? No I like the fact that I have learned some much since the start of my business, and I have so much more to learn Now I have a better direction for my business Is there anything else you would like to share? Thanks for inviting me to write and wishes for peace and blessings to you. Levine

Spring 2013 17

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Generations Saving at The Salvation Army


n Friday I had the pleasure of spending the day with my girlfriend, her mother and her daughter, 3 generations on a mission to thrift 2 outfits for less than $10.00 each from The Salvation Army Family Store. Driving north in the drizzling rain to Wilmington in anticipation of thrifting was a great way to start my vacation day. The layout of The Salvation Army Family Store made it easy to maneuver the shopping carts throughout the floor and in between the racks, ma and king it easier to locate bargains. We started at the front racks, filled with skirts, blazers, pants tops organized by color and then worked our way back to the dresses, finding both casual and dressier attire. The price points for clothing at The Salvation Army Family Store is higher than that of Goodwill but there are still bargains to be had. I found a pair of new, white Liz Claiborne jeans for $4.99, a perfect wardrobe addition for the summer! The “color of the day” was pink,


which meant 50% off all clothing and shoes with a pink tag, and we each found at least one pink tag item. The shoe racks were filled with a variety including Anne Klein, Steve Madden and Nine West pumps, Merrell Ortholite, Skechers and Enzo Angioline sandals, which I purchased, a little pricey at $14.99, but still a bargain because they can originally sell for $59.00. Thrifting with the 3 generations of ladies at The Salvation Army Family Store was enjoyable as well as satisfying knowing that our purchases would be helping the Adult Rehabilitation Program. The Salvation Army’s mission is to preach the Gospel of Jesus Christ and it was refreshing to hear the overhead announcement, “Welcome to The Salvation Army Family Store…Have a Blessed Day” Clothing is not all you’ll find!

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As the Temperature Climbs, so can those Summer Energy Bills By Felecia Greer, Delmarva Power Customer Advocate Today, technology has made great strides in giving consumers more energy-efficient products, but those great strides could be getting swallowed by a growing appetite for electricity. Know this: Our best weapon against rising energy costs is conservation. If you use less, you are sure to owe less on that monthly electricity bill. This summer, as the weather turns warm, take the following steps to help save energy – and money – in your home: • Register to use My Account at www.delmarva.com, a free, web-based tool for analyzing your personal energy use and offering ways to save on your monthly bill. • Set your thermostat between 75 and 78 degrees to save on your home cooling costs. • Turn off your window air conditioner when you leave the room for several hours. • Don’t place lamps or television sets near your air conditioning thermostat. Heat from these appliances is sensed by the thermostat and could cause the air conditioner to run longer than necessary. • Check that all windows and doors are tightly closed to keep cool air in and hot air out. • Open the windows on cooler days, and during cooler hours when humidity levels are lower. • Close windows, shades, or blinds to block the sunlight during the hottest part of the day. • Clean or replace air conditioning filters according to the filter manufacturer’s directions. For more energy-saving ideas, visit www.delmarva.com and click on Our Energy Future, or call Customer Care at 1-800-375-7117 and request our Helpful Ways To Save Energy and Money brochure. This article was submitted by Felecia Greer, Delmarva Power Customer Advocate, who can be reached at customeradvocate@delmarva.com.

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Spring 2013 21

1 2 1 2 3 Summer Childcare 1 2 Savings Strategies 3 3 If you have school-age children, it’s likely that childcare is one of your major expenses this summer. Here are some ways to prepare ahead, so you can reduce this cost:

1 2 3

1 2 3

Make a Plan

Begin with your budget. To find out how much you can afford to spend on summer childcare, take a close look at your household budget. Total up your monthly expenses and subtract them from your total monthly income. The amount that’s left is the amount you can currently afford for childcare. Need help setting up or reviewing your budget? CCCS of Maryland and Delaware offers free, confidential budget counseling at its offices in Wilmington, Dover, and Claymont and by phone. To schedule an appointment, call the Friends Don’t Let Friends Drown in Debt hotline at 1-877-246-2026. CCCS also has a free, interactive budget form in the Resources section of its website at www.cccs-inc.org. Find ways to afford what you need. Are you worried you may not have enough money to pay for childcare this summer? You may be able to cover the shortfall by cutting back on expenses or increasing your income. Bring a brown bag lunch instead of eating out at work and forego those extra trips to Starbucks. Consider holding a yard sale. Every dollar you save will put you that much closer to affording a safe, healthy FUN summer for your child.

Research What’s Out There

Start early. Don’t wait until the last minute to plan your child’s summer. The earlier you research what’s available, the more childcare alternatives you’ll find. Check out nonprofit, faith-based, and municipal camps. Camps that are run by local nonprofits or churches or your local government may charge significantly less than for-pay organizations. For example, your city department of parks and recreation may provide free or low-cost summer lessons and activities this summer. Ask about in-school camps and sports programs. Academic and sports camps may be organized or hosted by your local middle or high school. These classes or camps may be reasonably priced and help your child get a jump on learning for next year,

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1 2 3

develop leadership and teaming skills, and stay physically active this summer. Consider boy scout or girl scout camps. If your son or daughter belongs to a scout troop or council, this option may cost less than many other camp settings. Some even allow nonmembers to attend. For a database of Boy Scout camps, visit www.scoutcamp.org. To learn more about what Girl Scout camps are located in your area, go to www.girlscouts.org/councilfinder/.

Look for Ways to Save

Request “early bird” and sibling discounts. Many summer camps provide discounts for early registration or if more than one child in your family attends their program. This may save you up to 10% on camp costs. Apply for financial assistance. Summer camps sometimes offer scholarships or financial aid. If no assistance is available, ask if there’s a payment plan that will allow you to spread the tuition cost over several weeks. Find out about options and fees. If you find a camp that seems perfect for your child but that’s priced beyond your budget, consider booking a shorter stay -- say two weeks instead of four. Then fill in the rest of the summer with less expensive activities or childcare. Also ask if there are extra fees involved, such as for equipment, field trips, or uniforms, and how refunds work. Share care. If friends or family members also need help with childcare, see if you all can work out a schedule to supervise each other’s kids. This may help you cut back on hours with a paid caregiver or camp. Take a tax break. Uncle Sam provides a Child and Dependent Care Tax Credit for families where both parents work or are looking for employment and children are under age 13. Visit www.irs.gov to learn more. Create a “summer childcare” savings plan. If you find it difficult to afford childcare this summer, begin saving toward next summer this fall. Place a small amount in savings each week throughout the school year. That way you’ll be better financially prepared when vacation time rolls around again next year! Consumer Credit Counseling Service of MD & DE, Inc. (CCCS) is an accredited 501(c)(3) nonprofit agency that has served the local community since 1966. CCCS helps stabilize communities by creating hope and promoting economic selfsufficiency to individuals and families through financial education and counseling. CCCS DE State License #07-01.


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What’s Cooking? Recipe:

Texas Caviar

From the kitchen of: From the Kitchens of Family and Friends Ingredients:

2 cans black eyed peas, drained & rinsed 1 can corn, drained 1 green bell pepper, diced 2 medium tomatoes, diced 1 jalapeno pepper, finely diced 1 bunch scallions, thinly sliced 2 cloves garlic, minced ¼ C fresh parsley or 2 TBS dried (I use the dried) 8 oz bottle Italian dressing (I prefer, Good Seasons Zesty Italian)


Mix it well, refrigerate until ready to serve. Can also be eaten immediately but is better if it is made ahead of time. I actually think it is better the next day. Serve with tortilla chips and maybe a Margarita!

Many years ago, I tasted this wonderful “caviar” at a party at my brother’s house in Mars, PA. Luckily his neighbor was happy to share the recipe. I have been making it ever since and it has become a family favorite. It is perfect for summer and it makes a large amount so give it a try for your next gathering.


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Social Security Brings the Office Outside By Erin Donahue Social Security Manager in Wilmington, DE

Ah, the great outdoors. With sunny weather, green trees, blooming flowers, and fresh air, many have already flocked to the outdoors to spend as many hours as they can before autumn leads way to winter. Whether you prefer to spend your time hiking in the woods, tossing a ball in the back yard, gardening, or reading on the beach, it’s refreshing to get in some outside time. If you have Social Security business to tend to when you’re not tending to your lawn, that’s no reason to ditch the outdoors. You don’t have to drive to and wait in an office — you can handle much of your Social Security business from your laptop, tablet, or smartphone, wherever you may be. Let’s say you’re enjoying a camping trip — but brought your tablet along to stay connected. Your wife mentions she hasn’t gotten her Social Security Statement this year, and you remind her that she can get it online after creating a my Social Security account available at www.socialsecurity.gov/ myaccount. In a few moments, you both are reviewing your Statements together and dreaming about your future retirement years — with precision — as you gaze at the stars. Or perhaps you’re at the baseball game with your uncle, your team just hit a home run, and after your cheering subsides he reminds you that you were supposed to look into a Social Security question for him. Simply pull out your smartphone and search our frequently asked questions at www. socialsecurity.gov/faq. Imagine yourself vacationing on the beach. Fresh from a swim, you’re sunbathing on a lounge chair with a cool lemonade, tableside. And it hits you: this is where you want to be! You have your years in, so what are you waiting for? Just exchange your beach book for your tablet and you can apply for retirement benefits from the very place you want to spend your retirement. Whether you’re at the beach, in the park, or enjoying the wilderness, as long as you have an Internet connection, you can do business with Social Security online. So enjoy the great outdoors, even while taking care of business with Social Security. Let us bring the office to you wherever you are. Learn more — and do more — at www.socialsecurity.gov.


Spring 2013 25

He Says, She Says By Candace Bahr and Ginita Wall www.wife.org

WIFE Guide

If your spouse is a risk-taker and you are not (or vice versa), it’s sometimes difficult for you to understand each other. The words just don’t mean what they would mean if you were saying them. With that in mind (and of course a firm desire to improve communication between the sexes), we offer you this handy translation guide to common phrases uttered by Homo Financialus, both male and female. If your spouse is a risk-taker and you are a risk-avoider, or the other way around, you know exactly what we are talking about.

Risk-Taker Says

She/He Means

I guess it’s time for us to refinance the house, honey.

Our neighbor is never going to brag about his 5% rate in front of me again.

Let’s sell our existing stocks and invest in something with more profit potential.

I’m bored and I’m looking for something to do on the computer this weekend.

I can handle it myself.

I would never ask for directions, even if I were so lost I was on the wrong continent.

Let’s take out a home equity loan and buy investment property.

I don’t know anything about real estate, but if they’ll loan me $100,000, I’ll figure something out.

Risk-Avoider Says

She/He Means

I don’t think we can afford that right now.

If I let you spend all of my security money, I’ll wind up a bag lady on a street corner, living in a box and begging for bread.

Let’s do some research before we invest.

I want to analyze every piece of data ever published on that company, and get a guarantee from the CFO that it will do well before I buy it.

Let’s wait to do that until we get married.

I’m putting my financial life on hold until I’m sure that our relationship is going to work out

Let’s take out a home equity loan and buy investment property

Let’s borrow exactly enough for the down payment and make sure that we have consistent positive cash flow for the next 10 years before we invest a penny.

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Spring 2013 27

Delaware Financial Literacy Institute 3301 Green Street Claymont, DE 19703 (302) 792-1200 (800) 267-5002 Fax: (302) 792-1050 info@dfli.org www.dfli.org

28 Pocket Change

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