Finance Globe

You sense something’s wrong with your finances because you never seem to have enough money. Here are a few signs the problem is that you’re not making enough money. You already broke within a few days of getting paid. If you’re living paycheck to paycheck, or worse ending up broke before payday rolls around again, you may not be making enough money. You have to dip into savings to make ends meet. That’s if you still...

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...

Cooler weather may be a welcome change from the summer's heat, but it won't be long before you'll need to crank up your home's heating system. Now is the time to get prepared and check that everything is working properly so you'll be cozy at home when it turns cold outside. Maximize your heating system's efficiency. Vacuum your air vents, clean or replace your furnace filter every month, and clear debris such as leaves, dirt, and grass...

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...