Posts Tagged ‘insurance’

When it comes to health insurance, it can be very overwhelming to make a decision, especially with all the options out there. You may decide to purchase a plan independently, through healthcare.gov, or you may opt for the health insurance coverage offered by your employer. Even then, it can seem like there is an endless […]

If you missed a car insurance payment, you can face some serious consequences. Depending on how late the payment is, you risk losing your auto insurance policy altogether. If you were late with your most recent car insurance payment, the following are steps to take that can help you from losing coverage: Reach out to […]

If you’re looking to save more money, try spending it—but in the right ways. It may seem a bit contradicting, but there are certain times when spending some money can actually help you save more overall: Staple pieces for your wardrobe A stylish, high-quality wardrobe that is modestly priced is certainly doable, but sometimes investing […]

Monthly home loan payments are made up of a few different costs, and for many people, private mortgage insurance (PMI) is one of these costs. Lenders include PMI as part of the monthly payments as a way to protect themselves, in case the borrower ever falls behind on payments. PMI is usually required for all […]

Some consumers will turn to bankruptcy to solve their financial woes, often as a last resort. If you’ve been seriously contemplating bankruptcy, you’ll want to carefully consider the negative repercussions first. While bankruptcy can potentially be the solution you’re looking for, you’ll want to keep some of the following drawbacks in mind: You may not […]

The average retirement age is 62, but more and more Americans are finding themselves working until age 66, or even way beyond that. If you’re dreaming about an early retirement, it can be possible with proper planning. The key to a successful early retirement is being financially prepared, and the following are some signs that […]

  Some of the most overlooked costs of homeownership include: Insurance There are various types of home insurance policies you’ll need to purchase, depending on what types of natural disasters your area might be prone to. For example, you might need to purchase hurricane, flood, or fire insurance. Maintenance Even in newer homes, at some […]

  If you’re thinking about purchasing a home soon, it’s important to remember that there are more expenses to consider aside from the initial purchase price. Homeownership includes a lot of other expenses that are frequently overlooked, and include both one-time fees and ongoing costs. As a new homeowner, you’ll want to be prepared financially […]

If you’re thinking about buying a home and you’ve been exploring mortgage options, you’ve probably heard the term PMI.   PMI stands for Private Mortgage Insurance. This is a fee that you may have to pay as part of your mortgage, and it is usually rolled into your monthly payments. The amount that you might […]

Have you always wondered about the costs that make up a mortgage payment? This article helps break down the average monthly mortgage payment; this information can be helpful in determining how much house you can afford or how much of a down payment you should try to come up with. Principal Part of your mortgage […]