Insurance
Why I Purchased a Used Vehicle and You Should Too
My wife and I have been in the market for another vehicle for some time now and after browsing the internet for close to 6 months, we finally found a car that is reliable, affordable, and attractive enough to please my wife. The winner was a 2003 Dodge Neon SE with 54,000 miles for $3,500.00 [...]
Where is Your Savings/Emergency Fund Parked?
The idea that your savings/emergency fund is supposed to be in a very liquid account is an idea I hope everyone understands and practices. However, where is the best place to park your savings?
Until the credit crisis, money market funds were enjoying returns around 5%, but now are seeing their yields sink below 2%. On [...]
8 Tips to Save on Car Rentals
Renting a car is generally a cheaper option to hailing multiple cabs when your traveling, but is often overlooked as an option. If the situation allows, consider renting a car and use following tips to save on the rental.
Search for Coupons. Most major car rental companies have a variety of free online coupons floating around [...]
AIG Consumer Information
In light of the recent news regarding the Federal Reserve’s decision to loan insurance giant AIG $85 billion in return for as much as 80% ownership of the company has raised a lot of questions amongst consumers. Because of the enormous size of AIG (likely the reason for the bailout) many of you may have [...]
Do Variable Annuities Pose a Systemic Risk?
Variable annuities have grown in popularity over the past couple of years and the downturn in our economy has only intensified retiree’s interest in such products. Variable annuities are essentially an insurance product against down markets by guaranteeing minimum payments (income) to the policy holder regardless if a bear market exists. Usually, a variable annuity [...]
USAA to Expand Eligibilty Requirements
USAA has announced that they are expanding their eligibility requirements. If you meet the following criteria, this might be a great opportunity to get some nice insurance benefits.
While a bit of an exclusive club, it is with good reason. The customer service is top notch and the rates are extremely competitive. They currently allow only [...]
Renting vs. Buying
It’s the American dream, buy a home and raise a family. For many, buying a home just feels like the right thing to do, but really couldn’t tell you the financial benefits for doing so. In fact, buying for many is simply not worth the cost. There are obvious advantages to owning a home; likewise, [...]
How to Reduce Your Car Insurance Payment
As the price of gas gets worse, food prices rise out of control and finding a reasonable mortgage gets more and more difficult, we need to find a better way to save money. One way is through our car insurance. My significant other and I both have USAA and we both love it. But I [...]
Flood Insurance for Your Home
FEMA has gotten a fair amount of criticism after Katrina and after reading their “Myths-and-Facts” regarding that whole mess, I am still not wholly convinced that FEMA was/is really on the ball as far as disaster relief. Having said that, however, there is a fair amount of other information that they present that might be [...]
Pay Off Your Mortgage By Age 65
Being a recent first time home-buyer, my final mortgage payment is comical to think about. And this is exactly why many people don’t think about actually paying off their mortgages, ever. The Washington Post recently reported that, “more than 55 percent of boomers who have mortgages do not plan to pay their mortgages off until [...]
Simple Ways to Boost Your Credit Score
Improving and maintaining your credit score is one of the best ways to qualify for lower interest rates, acquire credit, and reduced insurance premiums. However, the majority of us don’t keep a close enough eye on our credit scores and frankly probably don’t understand them. How your credit score is actually determined is [...]
Autoinsurance-4u.com
In our daily quest to limit the amount that we pay for different things, auto insurance comes up quite a bit. Most of us are able to abide by the driving standards set forth by our local governments and feel that the high prices of many car insurance companies are on the verge of [...]
Emergency Funds are NOT Investments
At this time last year; we were all enjoying money market returns nearing 5 percent. Many were not only parking their money in these liquid funds for emergency cash, but using them as active investments. Unfortunately, one of the downsides of the Federal Reserve’s recent interest rate cuts is the declining returns [...]
Car Insurance – Is Liability Only Coverage like Living on the Edge?
I was late for work today, I can’t blame it on my alarm or on traffic, but on a thief because…
…my car was stolen!
Can you believe that? One minute I had a reliable car – albeit, not as easy on the eyes as it used to be, but it never let us down! I can’t describe the [...]
