Families today are watching every dime they spend, and some are making rather drastic reductions in an effort to save money. While some budget cuts can be beneficial and can ease the burden of financial stress, “saving money” in certain areas now may actually cost you money in the long run. Here are four key areas that […]
Don’t Cut Back Here- Where Saving Money Can Cost You Read More »
Car financing is a rather broad topic, which deals with various economic ways to allow someone to buy a car, without having to pay the whole price at once, but to pay the sum over time, in equal monthly installments, plus the interest which is applied on the overall amount of money. It is used
Introduction to Car Financing Read More »
A solid emergency fund is the base to any successful financial plan. However, many households don’t understand how to set up a proper emergency fund. This can get them in real trouble when they face a surprise expense. Before you start putting money aside for long-term goals like retirement and college expenses, you should make
How Much Should Your Family Emergency Fund Be? Read More »
Government vs. Personal Debt- It is easy to say, “Expect the unexpected.” Tell that to the famous financial institutions that were either swallowed up or disappeared completely during the crisis created by Collateralized Debt Obligations (CDOs) a few years ago. Not only did the bosses not see the problems coming but the staff were astonished
Overspending Solutions- Government and Personal Debt Read More »
Retirement can be a fun and rewarding phase of life, if you prepare for it correctly. Perhaps it was that hippie philosophy of just “chilling and taking one day at a time” but unfortunately, there are tens of thousands of older individuals that simply didn’t properly anticipate the next stage of life.   So many of them will
Living Your Dreams: Five Benefits to Preparing for Retirement Now Read More »
Jump Start Your Credit History You know you need a good credit history if you want to apply for a loan or credit card, but if you are just starting out and haven’t developed a credit history this can be hard to do. In some cases, having no credit is almost the same as having bad
How to Start Your Credit History Read More »
Online mortgage calculators are widely used by home buyers today. If you are planning buy your next house, you should use these tools to determine how much you can fork out for your next house. This is not to say that the use of online mortgage calculators is flawless – they have their advantages and
Pros and Cons of Online Mortgage Calculators Read More »
Many people often struggle to decide which is better for them: Term Life Insurance or Whole-Life Insurance. Both policies exist to serve specific purposes. Term life insurance is simply life coverage only. When the insured person dies, the face amount of the policy is paid out to the main beneficiary. A term life policy can
The Differences Between Term and Whole-Life Insurance Read More »
Tough Financial Times Are Taking Their Toll On Younger Households With households all over the country feeling the pinch of the ever-increasing costs of living, it appears that the tough financial times are taking their toll on younger households. Despite the mortgage stress being felt by the first time home buyer market, analysts say the
First Time Home Buyers Need Budgeting Skills Read More »
It seems like a cruel twist of fate that insurance, a necessity for protecting your finances, often costs more than you want to pay. When you spend hundreds of dollars each year on auto insurance, you want to make sure that you’re securing the lowest possible premium from your provider. You might associate affordable car
5 Ways to Save on Car Insurance You Might Not Know About Read More »
Carrying homeowner’s insurance is necessary because without it you may have to pay a lot of money out of your own pocket if a storm causes damage or someone is hurt while visiting you. That doesn’t mean you need to spend an outrageous amount of money for protection–some people pay far too much for homeowner’s
Why People Pay More for Home Insurance Than They Need To Read More »
If losing your personal property to fire, burglary, or some sort of natural disaster doesn’t sound stressful enough, imagine trying to go back in your memory bank to come up with a list of everything that’s missing or destroyed so that you can recoup some of your losses. If you have yet to do a
How to Do a Home Inventory for Your Insurance Company Read More »
