15 Items that Should be in Your Medicine Cabinet

Posted: 23 Aug 2011 04:00 AM PDT

When it comes to preparedness, it helps to have a well-stocked medicine cabinet. You want to be ready for unexpected ailments, since there are few things as frustrating as making a run to the store in the middle of the night, trying to find a fever reducer for a sick child. In order to make sure that you are adequately prepared for the minor health issues that are likely to come up. Here are 15 items to keep in your medicine cabinet:

photo credit: riacale

Minor Cuts and Scrapes

You want to be prepared for minor cuts and scrapes, ready to take care of these problems — especially if you have children. Here are some of the essentials for minor cuts and scrapes:

Bandages: You should make an effort to have different shapes and sizes of bandages. Self-adhesive band-aids are good choices, as are gauze, special tape and other bandages that can be used for other purposes.
Disinfectant: Be sure to have some sort of disinfectant on hand. Use it to help clean and disinfect small scrapes and minor cuts. Hydrogen peroxide can be a good choice, as it can double as a stain remover. Isopropyl alcohol might also be a good choice, since it can serve as a cleaner.
Antibacterial Ointment: Some sort of ointment is also a good idea, since it can help with pain relief, and help speed the healing process.
Q-tips: These are quite helpful for applying medicines, and they can be used for makeup removal and for detailed cleaning, making them quite versatile.
Tweezers: These can be helpful tools for the removal of splinters and ticks, as well as serving important grooming purposes.

Irritations, Allergies and Rashes

There are a number of products that can help you treat rashes, irritations and allergies. Here are a few things to keep in your medicine cabinet to combat these common issues:

Allergy Medications: Make sure you have allergy medications that work for you. Know how they affect you (in terms of drowsiness and other side effects). Consider getting generics when you can, since it will help you save money. One of the most important allergy medications you have is Benadryl (or a generic counterpart). This is because it works fast and can reduce hives, or help stave off other allergic reactions.
Witch Hazel: Witch hazel is a great multi-purpose medicine cabinet addition that can help with acne, reduce rashes, relieve hemorrhoids, sooth irritation from poison ivy and poison oak, and even reduce the bags under your eyes.
Anti-Fungal: Use an anti-fungal to help treat/prevent athlete’s foot and jock itch.
Muscle Cream: A good muscle cream can help relieve inflammation, and pain, associated with muscle soreness.

Stomach Problems, Flu and Cold, Headaches and Fever Reducers

A number of other ailments can be treated with items found in your medicine cabinet. Some good choices include:

Pain Relievers: Get two types: acetaminophen and a NSAID. Tylenol and similar generics have have acetaminophen, and NSAIDs are Ibuprofen, Motrin, Aleve, Advil and their generics. For inflammatory pain, NSAIDs work better. If you are working to reduce the fever in a child, you should alternate your use of acetaminophen and NSAID.
Cold and Cough: OTC medications can help relieve different cold and flu symptoms. You can also get some that come with fever reducing pain relievers. If you are looking to clear yourself out, Sudafed can be a good choice (for sinus trouble), as can Mucinex, which is an expectorant that helps you cough productively, loosening the junk and helping you cough it up.
Antacids: Use these for heartburn. Look for liquid options as well as tablet options.
Nausea, Motion Sickness and Diarrhea: You can get some stomach relief from a catch-all like Pepto Bismol (and its generics). You can also consider individual items, such as Dramamine for motion sickness and Immodium for diarrhea.
Thermometer: You should have this tool handy for use in determining temperature. If you can’t keep a child’s temperature below 102, it’s time to go to the emergency room. Another helpful tool that my mother had was an ear flashlight and tongue depressor. With five kids, she became quite adept and seeing ear infections and spotting strep throat, limiting doctor trips to those that required it for prescription purposes. It save my parents hundreds of dollars on health care.
Calibrated Measuring Cup: Make sure you have a cup that can provide you with accurate measures so that you get the correct dosage.

What do you keep in your medicine cabinet?

Want Some Good Advice? That Will Cost Ya!

Posted: 23 Aug 2011 04:00 AM PDT

There was a time at some point when family finances were an unpleasant task at worst; sticking to a monthly budget, saving for a new family car, and once a year doing the family's taxes… that was about as bad as it got. Financial advisors were for corporations, or for the wealthy. Now with the web of money markets, 401ks, IRA's, annuities, profit sharing, Freddie Mac, and Fannie Mae, the family finances of yesteryear can seem like a cakewalk by comparison. Increasingly, people are using the services of a professional financial advisor; out of either lack of time or lack of knowledge, they feel the fee is worth putting your future in the hands of an expert.

photo credit: s_falkow

Even for those without a lot of savings or investments, there are times in life when the services of a financial advisor can be a real lifesaver, or at least, a money saver. If after years of managing your own savings, in the realm of several thousands of dollars, you come into a windfall of money; this is a perfect time to procure their services. If just it takes only a couple of hours to guide you where to best to invest your windfall, it would be money that's well-spent. Another time would be when setting the plans for your retirement. Don't wait until retirement is practically upon you, that money must be out there working for you long before you retire. Of course, the rules change on just about every form of retirement account once you do retire, or reach retirement age. This, too, would be a good time engage in a consultation with an expert.

Should you decide that a financial advisor sounds right for you, there are some things to consider. Financial advisers are not regulated by any government agency; instead the industry has developed their own qualifications. There is one for a C.F.P., a certified financial planner, and the other for a chartered financial planner, which is a C.F.P. A chartered financial planner will not only offer investment advice, but also manage your investments. Not all planners offer the same service, most excel at some area of finance, but even outside of their area of expertise, they often consult with experts within their network bringing you the best options available.

When interviewing for a financial advisor expert recommend that you seek someone known for experience with situations similar to your own, proper credentials, personal chemistry, (you need to work closely with this individual, make sure you personalities complement each others), and of course cost. Most advisors are paid on commission though some will work on an hourly rate. The hourly rate is usually available to smaller accounts, or one-time sessions. Do check to see if your advisor is receiving a commission, not only from you, but also from the markets in which he places your investments. Many feel this can lead to a conflict of interest.

If you could indeed profit from the expertise of a financial advisor or planner, rest largely on the amount of money you have to manage. Any profits made on smaller investments could well be eaten up by the cost of paying someone to manage it.

Michael German is an expert in the field of personal finance and a graduate of Columbia University. His lengthy tenure includes literary work with The New York Times international weekly edition, where he contribute reports on global economy and consumer trends. As a writer and researcher in personal finance, Michael is also a contributor to themanhattandaily.com, freemoneywisdom, and many other online and print publications.

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Tuesday, August 23, 2011