Estate Planning- Trusts

Key Considerations for Smooth Wealth Transfer Planning

Key Considerations for Smooth Wealth Transfer Planning. Components of a robust estate plan include a will, trusts, a power of attorney, and healthcare directives. A will specifies how your assets should be distributed upon your death. Trusts, which hold and manage assets on behalf of beneficiaries, can be tailored to meet specific needs, such as reducing estate taxes or providing for minor children. A power of attorney grants someone the authority to make financial and legal decisions on your behalf if you become incapacitated, while healthcare directives outline your medical treatment preferences.

Using Credit Cards Wisely

By Guest Author | June 7, 2012

As interest rates soar and debt concerns grow, credit cards are not necessarily the most desirable items right now. Talk of a failing economy, mounting economic debt, and high unemployment rates don’t instill much confidence in consumers to take out credit in their name. However, for many of us, credit cards are a necessity of […]

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The Life Insurance Safety Net

By Guest Author | June 6, 2012

Is Life Insurance For Everyone? In today’s economy and society, life insurance can be a necessity.  Unfortunately, about 40% of American families don’t have individual life insurance. But for families living on the edge financially, life insurance is especially important because if the family was struggling financially with the primary money earner how much more […]

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2 Types of Mortgage Insurance

By Guest Author | June 5, 2012

Whether you’ve just purchased your first house or you’ve built up some equity in your home, there’s no doubt about it: home ownership is expensive. Because of this, it’s tough to want to add the additional expense of mortgage insurance to your monthly bills. However, you shouldn’t rule it out without doing some research. 2 […]

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Five Mistakes the Average Investor Makes

By Guest Author | June 4, 2012

Not Your Average Investor On May 31st 2012, thanks to twitter, worlds literally collided.  Well at least metaphorically speaking.   Well known Canadian rap artist Drake shared this tweet with his 7.2 million followers: The first million is the hardest. — Drizzy (@Drake) May 30, 2012 This sparked the following twitter response from T. Boone Pickens: […]

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Credit Card

6 Ways To Control Impulse Spending

By Guest Author | June 3, 2012

Shopping can brighten even the worst of days for many people. Simply head to the store, choose your items and pull out the plastic. For many, that instant high is followed by a devastating crash when they realize that that credit card bill will have to be paid sooner rather than later. Impulsive credit card […]

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Choosing an Online College

By Guest Author | June 2, 2012

Although attending college is a lot of fun, in these tough economic times attending a full-time on campus college may not be the best option. Or economically speaking it may not be an option at all.  But these days with the advent of the Internet everything seems to be available online and that applies to a quality education […]

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Working Family Tax Credit

By Guest Author | June 1, 2012

In England, as in many other parts of the world, the tax code can be, not only hard to decipher, but time-intensive to navigate as well. It pays to know the ins and outs of the British tax code so you can find hidden benefits and credits. Many of these benefits are for low income families as well. Take, for example the […]

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Home Security Tips to Keep Your Jewelry Safe and Secure

By Guest Author | May 30, 2012

With the price of Gold rising and the ability to sell gold jewelry almost anywhere for quick cash, jewelry is increasingly becoming the target of choice for home invaders. Although many pieces of jewelry may be fairly expensive, these can be replaced. But there are also items that are irreplaceable when their sentimental value is considered. With […]

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Car Insurance Savings That Most Drivers Overlook

By Guest Author | May 29, 2012

Editor’s Note: My friend Mike just told me about how his car insurance premiums were creeping up every year until finally he decided to shop around a bit. When he told his insurance agent he was shopping around “amazingly” the agent was able to significantly reduce his premiums.  Shopping around pays, even if you don’t end […]

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DIY Repairs that Will Save You Money

By Guest Author | May 29, 2012

Many household repairs can be handled without calling a professional. In some cases, these quick fixes can also save homeowners a bundle in both repair costs and energy expenses. Here are six ways that you can save money, both immediately and in the long run, by doing your own repairs. Poorly Working Refrigerator If your […]

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Saving for Retirement-Ladder

How To Retire Comfortably Without Guilt

By Guest Author | May 28, 2012

Some people may feel a little guilty for having done well and prepared for their retirement. Often Christians feel this way due to a mistaken interpretation of  1 Timothy 6:10 about the “Love of money being the root of all evil”. However, there’s no need to feel this way.  The Bible also says in Proverbs 10:22 “The […]

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Which Type of Loan is Best?

By Guest Author | May 26, 2012

The subject of loans and credit can be a bit overwhelming if you haven’t spent any time researching and understanding them.  There are endless different types of loans on the market… for example, unsecured loans, secured loans, credit cards, overdrafts, payday loans, personal loans, etc.  So it’s important that you understand your credit situation in […]

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