There are many types of insurance you can purchase, with a long term care policy often at the top of the list. This may not be something you think about in your younger days, but as the years go by it could be a purchase you are willing to make. Before doing so, there are several points to consider. These include: • Your age and health. Are you looking to save money on the cost of...
Unless you have an unlimited supply of money (don’t we all wish), buying a car is a big financial decision. To protect against a costly mistake, it’s essential to answer a few key questions before signing on the dotted line. Here are a few to address: 1. Will you finance the purchase or pay in cash? There are benefits of both, so make sure you list out the pros and cons. If you don’t have the...
Taking on a part-time job or making money from a side hustle can bring in more money than you know what to do with. Here are eight ideas for what you can do with money from a side job. Make ends meet. If you’re having trouble paying bills with the income from your regular job, money from a side job will be much needed. You can use the income to comfortably cover your bills and other expenses....
Buying a brand new car is definitely exciting. Maybe it’s knowing that you’re the first person to ever own the car. Or, knowing that you'll have a few good years before you start having major mechanical issues. Everything on a new car is clean and shiny and the new smell is unmatched. Most people who buy a brand new car do so for a certain feeling and that feeling comes at a cost. Here are three reasons a new...
There are people who make the move into self employment and never look back. Every step they take is one that moves them closer to their professional goals. Conversely, there are people who soon realize that they are now faced with a variety of challenges. And for this reason, they are truly scared. Do you ever wonder why self employment goes wrong for some people? If so, here are three reasons for this: 1. They neglect...
Most people agree that it feels better to receive a tax refund than it is to owe additional money to the IRS. Even it means you're loaning the government money for a brief period of time, it feels better to get cash back than to send a check along with your final return. If you learn that a refund is coming your way, it’s time to plan your next move. More specifically, what will you do...
Using your debit card at the ATM is one of the fastest and most convenient ways to get cash from your checking account. Unfortunately, convenience usually comes with a cost you may be hit with a fee for the with and in some cases, you could even be charged two fees! ATM owners set the fees for withdrawals. The owner of an ATM could be a bank or even an individual. You can typically avoid ATM fees by using...
As you search for a car loan, you may begin to wonder if you are taking the right approach. Many consumers don’t care how they find a loan as long as the rate is low and the lender is reputable. But here is the question: how can you guarantee that you are getting the best deal? Here are three strategies to consider as you search for a car loan: 1. Call around to as many lenders...
Buying a home should be an enjoyable experience. It doesn’t matter if you are buying your first home or you have gone through this process in the past, nothing should steal the excitement. If you don’t know how to deal with the stress of buying a home, it could soon drag you down. It may even stop you dead on your tracks, causing you to second guess your decision. Fortunately, you can ease the stress by...
Kids learning to ride a bike are most likely to make mistakes. Why? Because the feeling of being on a bike with no training wheels is unfamiliar to them. Similarly, young adults just starting out with credit are also more prone to making mistakes – because credit cards aren’t like any other financial product they’ve used. Here are a few mistakes almost every credit card newbie makes. You might have even made some of these when you...
