Are you in the market for life insurance? Have you heard the horror stories regarding the cost? You will never know what a policy will cost until you request and compare a few quotes. Unfortunately, there may be some factors working against you. Here are three primary causes of higher life insurance premiums: 1. You are a smoker. Hands down, this is the number one reason your premium will go through the roof. If you use...
There is no denying the fact that you will be faced with some additional spending during the holiday season. This is particularly true if you have a long list of people to purchase gifts for. Some people use a “cash system” to guide themselves through the holidays. Others, however, rely on a credit card. While there is nothing wrong with this, you can soon find yourself in financial trouble if you go down the wrong path....
If you’re a big picture type of person, certain details of your finances can easily slip through the cracks. While it’s important to watch the bottom line, it’s equally important to pay attention to all the items that contribute to the bottom line, too. Here are some financial details you can’t afford to ignore. How much you spent this month. Continually monitoring your spending is key to ensuring you’re staying within your budget and not spending...
For many people, one checking account and one savings account may sound like plenty of bank accounts, but it may not be enough. Having multiple bank accounts may help you manage your money better. And for the wealthy or high-income earners, multiple bank accounts can offer more protection. Here are a few reasons to have more than one bank account. Different accounts for different purposes. Putting your money in separate accounts can prevent the mistake of spending money...
With October coming to a close, it won’t be long before the calendar is turning. At that point, you will look back at 2015 and ask yourself this one very important question: did you reach your financial goals? While some people have met their goals early, others are left with a couple months to make progress. Where do you fit in? Here are some of the most common financial goals, many of which may be on...
Are you in the market for a vehicle? It doesn’t matter if you are buying new or used, it is important to take a test drive before you begin the negotiation process. Some people consider a test drive a lot of fun. Others consider it a waste of time. Here is why this is something you should do: 1. Learn more about the vehicle. Simply put, you don’t understand the finer details of a vehicle until...
This topic comes up year in and year out, however, many people continue to make mistakes during the holiday shopping season. It’s not that they don’t have fun. Here is the problem: they neglect to take the right steps regarding their budget, shopping list, and overall approach. If you have run into issues in the past, if you want to avoid a similar fate this year, there are a few things you can do to get...
There used to be a time when applying for a credit card meant waiting for a good offer to arrive by mail. While you may still receive these offers from time to time, the industry has changed quite a bit. In today’s day and age, the best way to find and apply for a credit card is online. As convenient as it may be, there are a few things you need to keep in mind. More importantly,...
Go back in time a couple decades and nobody was paying their bills online. Instead, the only option was to send a check at the appropriate time of the month. While this is still a way of life for many, others are taking full advantage of technology. There are many benefits associated with paying bills online. If you have avoided this in the past, the following points may be enough to push you in this direction...
If you own a car, you know one thing to be true: you must stay on top of regularly scheduled maintenance if you want it to remain in good working condition. The problem with this is that vehicle maintenance is not always cheap. If you are looking for ways to save on this expense, there are three simple options to consider: 1. Do it yourself. Even if you don’t know much about vehicle maintenance, you may...
