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Where Money Really Does Grow on Trees
Scott Reynolds
Scott Reynolds
Mar 31, 2010

fedexmodec220

FedEx announced the first all-electric FedEx delivery trucks in the United States. This is an expansion of its existing alternative-energy vehicle fleet. They are starting with 4 electric trucks that are optimized for electric operation from the wheels up. They are slated to hit the road in the Los Angeles area starting in June 2010, joining more than 1,800 alternative-energy vehicles already in service for FedEx around the world.

A pair of electric vehicles are being assembled in Indiana. Another pair of electric vehicles is being purchased from a different manufacturer for delivery to the Los Angeles area later in 2010. Both sets of electric vehicles are designed with a range that allows many FedEx Express couriers to make a full eight-hour shift of deliveries before their vehicles need recharging.

This news will make my dog very happy as the engine noise from the current vehicles drive him crazy.


Joe Gaudino
Mar 29, 2010

Porsche

We have been working on converting a 1976 Porsche 912 to all electric drive. The project began two years ago and was finally completed last week and is on the road in Tallahassee Florida. This Porsche is powered by an 11 inch diameter electric motor and 85 lithium ion batterys. We plan to add more photos and infomation about the car to the www.mymoneypower com website soon.

Note: This photo was take at a Las Vegas car show where we had the car on display.


Joe Gaudino
Mar 29, 2010

small_savings

I eat out a lot which is not good when you are trying to save money. On the other hand I have developed one good habit when I am eating out, I usually don’t order a drink and instead get water with extra lemon. Add a couple Splenda and you have poor mans lemonade. I like the taste  and the savings adds up. I was at a hotel for lunch recently that charged $6 for ice tea! Even non-alcoholic drinks are a big profit item for restaurants. Try the lemonade mix and see how it compares to your usual drink. If you don’t like lemonade try carrying a small Crystal flavor package with you.

Photo Credit: r-z

How do your small savings add up?


Derek Allen
Derek Allen
Mar 29, 2010

target_card

myMoneyPower is giving away TWO $25 Target Gift Cards to TWO lucky readers! Each reader may only win one prize for this giveaway; there will be TWO winners! Entry into the giveaway is easy, and you may already have entered without knowing it.

Entry is Now Closed

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Scott Reynolds
Scott Reynolds
Mar 24, 2010

healthbill

Yikes. As our Vice President stated “this is a big deal”. Maybe not those exact words, but it is a big deal. If nothing else, it means major changes to the norm. The new law creates risk and controls risk all over the place. Individuals, employers, and insurance companies will have to determine the amount of risk they are willing to accept in the years to come. Individuals will need to determine if their financial status affords them the ability to purchase coverage versus just taking the $695 annual penalty from the Government, and determine if money or coverage are more important. Employers will need to do the same given a $2000  annual penalty per employee. They may find it in their best interest to not offer health insurance and just take the penalty. Insurance companies need to do some major number crunching to determine the number of members they will need, and will be able to get, to be able to stay profitable given they will be mandated to take anyone regardless of health. On the other hand 32 million Americans may now have the ability to control some risk by being able to purchase health insurance that they were previously not eligible for.  Allegedly this new law will make health insurance more affordable to everyone, but I have not seen plans or an explanation of how that will happen. All of us will need to do some serious research in the coming years to determine the right path for us.


Lauren Chapman
Lauren Chapman
Mar 18, 2010

frugal_party

So you’ve already sent out invites the to your friends, family members, and co-workers. Now you’re at the point where you’re wondering: “How am I going to pull this off on a budget?”. myMoneyPower is all about saving and generating money, and it is designed to be as light as possible on your checkbook. Here are some ideas and resources to help you host a myMoneyPower Party and save even more money in the process.

Here’s a short checklist:

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Scott Reynolds
Scott Reynolds
Mar 17, 2010

build-home-office_3

One of the greenest ways to cut back on your office costs is to have your employees work from home. The overhead of the building goes way down, while email and teleconferencing (both of which are often free) make it easy to stay in touch. Try to work out a plan so that the office can be closed one day a week for maximum savings, or maybe a rotating schedule can help you cut back. But once you’re away from headquarters, keep all the same good green practices in mind to save money in your own home office. You won’t use your vehicle as much if you work from home saving you money on fuel and you will likely eat lunch at home saving even more money.


Scott Reynolds
Scott Reynolds
Mar 11, 2010

recycle_logo_arrows

When I was a kid one way, other than cutting lawns, to make a little extra money was to recycle cans and bottles. I spent hours stomping aluminum cans down to a 1/4 inch to make more fit in the bag. My parents helped by taking me to the recycling center to turn them in. Today that concept is still in place. There are more and more recycling centers around that take glass, aluminum, and scrap metal in exchange for money. But now you are able to recycle things for money that in the old days would go to the landfill.

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Scott Reynolds
Scott Reynolds
Mar 04, 2010

20061026_solar

John Hancock and Metlife are financing the construction of the largest solar energy plant in Colorado. Constuction will begin this spring with operations expected to begin by the end of the year.

“MetLife recognizes the importance of investing in renewable energy ventures that will have a positive impact on the environment,” said Steve Kandarian, executive vice president and chief investment officer for MetLife. “This project builds upon the more than $1 billion that MetLife has already invested in renewable energy projects. It also demonstrates our commitment to support growth in the solar energy market by making it easier and more affordable for businesses and public entities to benefit from solar electricity.”

“The project finance teams at John Hancock and our parent company, Manulife Financial, have a portfolio of renewable energy financings that includes more than $2 billion of projects in the U.S. and Canada. We look forward to the successful completion of the solar power plant in Alamosa later this year,” said John Anderson, senior managing director and head of John Hancock’s Power and Infrastructure Group.


Lauren Chapman
Lauren Chapman
Mar 02, 2010

veggiepizza

This veggie pizza recipe is my favorite for entertaining large parties. I have quite of few friends who are vegetarians and they love this pizza. As soon as I serve the pizza it seems to disappear in minutes!

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