Key Considerations for Smooth Wealth Transfer Planning
By Tim McMahon |
How to Get the Best Deal on Car Insurance
Every state in the U.S. requires that you have Car insurance. And of course, you want to protect yourself financially should something bad happen.
So with a captive audience, you might think that car insurance would be really expensive. Fortunately, competition among companies and a bit of knowledge on your part when looking for car insurance can help you lower your payments for this crucial coverage.
The biggest thing you can do to keep your car insurance rates low is by driving safely. Don’t get any speeding tickets! Having a clean driving record keeps your premiums lower than if you have any accidents or tickets to your name. Driver’s under 25 should take driver’s education or a safe driving school which will not only make them a better driver but also get them a nice discount on their car insurance. Some insurance companies offer an electronic device that plugs into your car and tracks your driving. It not only provides hard data proving you are a good driver but it also gives you real-time feedback on how you are doing. For instance, it will beep if you accelerate or stop too abruptly. This feedback will help you become not only a safer driver but also save you money on (now expensive) gasoline.
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How to Prepare for a Monthly Mortgage Payment With Kids
A monthly mortgage is a massive commitment, so you have to be sure you don’t bite off more than you can chew. Falling behind or being delinquent on it can mean your home gets foreclosed and you have to move. If your financial picture involves raising kids at the same time, then you have unique challenges to prepare for.
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Everything you need to know about buying a car
Cars have become a great necessity in the modern world. With their demand growing each day, car prices have been skyrocketing, making it hard to secure a good deal. Therefore, if you are thinking of buying a car on a budget, you’ll have to invest some time doing research. You’ll want to find the best model to suit your budget in terms of acquisition and maintenance. Here are a few of the top qualities to consider when buying a car on a budget:
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8 Amazing Pros And Cons Of Living In Florida
Whether moving for work, school, or to be closer to family, many people dream of living in an area with a warm climate near the ocean. Many people fantasize about a resort-style life, where there is always something happening and lots of time can be spent outdoors. It seems that Florida can offer all of that to its residents.
As the southernmost state in the United States, Florida is one of those places that make people think of sunshine and fun. With great weather almost year-round, Florida has many outside activities for the entire family to enjoy. It is one of the most visited tourist locations in the US and the “Villages” is one of the fastest-growing retirement communities in the country. Continue reading for some things to consider and the pros and cons of moving to Florida is an option.
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Practical Tips to Organize Your Finances to Buy a House
A house is the largest purchase most people ever make. Whether you’ve been dreaming of homeownership for years or you recently realized that you’re ready to make this change, you have to get your finances in order and do your research before just jumping in.
Knowing some savvy tips can help reduce the amount of time it takes and reduce the possibility of overextending yourself when getting your new home. There are two phases for budgeting to buy a house. Initially, you are budgeting to be able to afford the downpayment but you also need to plan for making the monthly payments plus maintenance, insurance, taxes. etc.
Should You Exploit High House Prices To Pay Off Debt?
Everyone knows that house prices have skyrocketed in the last couple of years… around the new millennium, housing prices started going “parabolic,” i.e., they curved almost straight up. The common refrain was “housing prices always go up”. And then the economy fell apart, and everything came crashing down, including housing prices. By 2012 the index was back down to 134, i.e., a 27% loss.
So obviously, housing prices don’t “always” go up. Generally, over time housing prices do go up with inflation.
With housing prices once again going up parabolically, we might consider selling and using the gains to pay off debt and then buy again once housing prices are lower.
About a year ago, we published an article entitled 7 Benefits to Downsizing, which is one approach to reducing debt. In the following article, we will look at whether Selling a House to Pay off Debt is a Good Idea.
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How To Empower Your Financial Future With Realistic, Attainable Goals”
If you truly want to empower your financial future and ensure a comfortable retirement you have to begin by planning ahead for your finances. The old saying, “failing to plan is planning to fail” definitely applies to retirement. Multiple studies including the “marshmallow test” have shown that those who take a long-term view, plan ahead, and are willing to delay gratification will ultimately become more successful than those who live for the moment and don’t plan ahead.
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8 Secrets To Moving Overseas For Retirement
Adventures don’t have to end with retirement. In fact, your golden years can bring many new and exciting experiences, especially if you choose to spend them abroad. From lower costs of living to a refreshing change of scenery, retiring to an overseas destination offers plenty of benefits.
However, it can be tricky to navigate through visa applications, taxes, language barriers, and cultural differences. Plus, without the comfort of familiar faces, adjusting to a new lifestyle can be challenging.Nevertheless, with careful planning, retiring abroad can be a sensational adventure. If you are set on making the big move, here are some tips to help you get started.
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Advice on What to Expect When Buying a Home
Some parts of the home-buying process can actually be fun. Dreaming of the features you want and rolling through neighborhoods and wondering if they’re your next home can be a time of hope. Then again, crunching your numbers to determine a budget and going to showing after showing without finding ‘the one’ can drain you. Knowing what to expect when buying a home helps you prepare yourself for the process.
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Shortcuts To Building A Better Financial Future
Building a better financial future for your family is best achieved by making smart financial decisions and taking advantage of opportunities. One way to do this is through saving money, which is easy to say but can prove tricky to do. But by implementing the methods in this article you can build a brighter future.
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What to Look for in a New Insurance Company
Sometimes, you need to find a new insurance company. You might be moving, shopping around at renewal time, or just ready for a new policy provider. Regardless of the type of insurance, you’re looking for, it’s helpful to know what to look for in a new insurance company.
Getting your coverage right can be tricky. You want good coverage so that you are protected, but you also might want to minimize it in order to keep costs low for the policy. In some cases, you’ll have to meet state minimum standards. Often states mandate certain coverage minimums for passenger vehicles. There might also be unique circumstances where you want special kinds of coverage. For instance, a homeowner’s policy might not cover flooding or earthquakes.
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Getting Your Finances in Order for the New Year
Money plays a major role in your family’s quality of life. Thankfully, it’s never too late to get your finances in order and the New Year is a great time to get your finances on the right track. Consider some of the best tips to help get you started.
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