Finance Globe

When it comes time to request a car insurance quote, you have one thing on your mind: finding a company that provides high quality coverage at an affordable price. While this may be your primary goal, don’t stop short of asking the many questions that may be floating around your mind. Below are five overlooked questions to ask when requesting a car insurance quote. Once you have answers to these questions, you will better understand the...

There is a good chance that your car and/or home insurance agent has discussed umbrella insurance with you. While some have purchased this type of coverage, others have put it on the backburner. Before you decide for or against umbrella insurance, it is important to understand what this type of policy offers. Here are the two primary points to keep in mind: •    It provides liability coverage in addition to the limits of your car and...

If you plan on working as a self-employed professional, there are tax implications to consider. Before you take this step, it is important to understand the ins and outs of self-employment tax. This means answering three questions: •    What is self-employment tax?•    Who is required to pay self-employment tax?•    How do you pay self-employment tax? First and foremost, self-employment tax consists of Medicare and Social Security taxes. This is similar to the Medicare and Social Security...

When buying a home, most people realize the importance of qualifying for a mortgage. After all, they don’t have the cash to make an outright purchase. Despite the fact that a mortgage is typically necessary, most homeowners dream of the day when this expense is out of their life. Before you get too far ahead of yourself, consider these three benefits associated with a mortgage: 1. Mortgage Interest Deduction Did you know that the interest paid...

Car insurance is something you need. It is also something you don’t want to think about often. When the time comes to pay your premium, you may realize you have a few questions on your mind. Rather than ignore these, hoping that everything works out if you are in an accident, it is best to consult with your agent to ensure that you have a solid understanding of your coverage. Here are three immediate questions to...

Are you in the market for a home insurance policy? Are you hoping to obtain comprehensive coverage at a reasonable price? If so, you are in the same boat as millions of other homeowners. The first thing you should do is shop around by requesting quotes from a minimum of three home insurance companies. Once you make sure the coverage is identical, list them out from least expensive to most expensive. From there, consider these additional...

Some people have one bank account, but others have many. If you have multiple accounts, there may come a point when you realize that one or more is no longer doing you any good. At that point, you have a decision to make: will you close the account? Here are three reasons to close a bank account: 1. Too many fees. This has nothing to do with how you use the account, but everything to do...

Let’s face it: most college students are on a budget. There is only so much money to go around, but there are many expenses in play. From nights on the town to sporting events to gasoline, there is always something popping up. Just the same as those in the working world, a budget can go a long way in helping any college student stay on track. You don’t have to go to extremes. All you have...

When you review your budget at the end of the month, there is nothing more exciting than realizing that you reached all your goals. Conversely, it can be frustrating to find yourself spending more than you wanted to. If you continually overspend, the best thing you can do is pinpoint where the problem is coming into play. Once you review your budget, it won’t be long before you have a clear idea of where you need...

Many people create a budget with the best intentions. And then something happens. Rather than stay on the ball, they begin to slip. Soon enough, their budget is blown and they are back at square one. Does this sound familiar? If you have traveled down this path in the past, you don’t want to find yourself in the same position in the future. To avoid this, all it takes is a more efficient approach to your...