How difficult is it to get an FHA loan for a condo? It’s either incredibly easy—or, it’s impossibly hard. Here’s why… A condo MUST be in an approved project—and the approval list is short! If you are interested in purchasing a condominium, you may find that your ability to get an FHA loan is extremely … Read more
When you complete quotes online, most insurance providers will “strongly recommend” or even default in some level of collision and comprehensive coverage. Statistically, most drivers just roll with it (pun intended). 74% and 78% of drivers are covered by collision and comprehensive coverage, respectively, costing them an extra $900 per year (according to Insurance.com). But what … Read more
There’s a lot of “conventional wisdom” involved with auto accidents. But what you should do in any given situation will depend upon the specifics of the accident. Are you at fault? Is the other party at fault? Was anyone injured? Was the damage minor or extreme? Before deciding exactly how to proceed, you first have … Read more
Identity theft is when someone uses your personal information — like your home address, date of birth, credit cards, or bank account details — to take out a bank loan, withdraw money from your bank account, use your credit cards, or open up new credit cards in your name. The FTC received 1.4 million complaints of identity … Read more
On the surface, the answer to this question should be straightforward. But that’s not necessarily how things work in the insurance universe. There are serious risks to filing certain claims, or to filing too many claims. What are those risks? There are two primary ones: Your insurance policy could be canceled It will be retained, … Read more
Late this past summer, my partner and I faced a dilemma. Our grad school health insurance was set to run out in mid-August, and the insurance she’d get with her new job wouldn’t start until the end of September. We’d put it out of our minds for most of the summer, content to focus on … Read more
If you are looking to save money for long-term purposes, don’t overlook the potential of health savings accounts (HSAs) to help. While HSAs are not investment accounts in the traditional sense, you can use a health savings account to create a substantial nest egg that you could use at a later date under certain circumstances. What is a health savings account? Established by … Read more
I often get frustrated when I get my auto insurance bill. I’d love cheap monthly car insurance premiums, but they are hard to find. It seems like the prices keep increasing every renewal. Rather than sitting back and letting my prices increase, I decided to take action and research the average monthly car insurance payment. … Read more
Another month, another car payment. Am I done yet? If you’re eager to pay off your auto loan faster, I feel you. That’s why in this piece, I’m going to share seven steps you can take to greatly accelerate the process. In just a few ninja moves, you can pay off your auto loan faster … Read more
There are insurance policies that can cover virtually everything we have and everything we do in life. But how much insurance coverage is enough? And how much might be too much? There’s no easy answer, but there are general rules of thumb that you can follow. What those rules are will vary depending upon the … Read more
Sure, you know you will die someday. But you will be so old by then that you’ll be ready to go. Oh, and rich. You’ll also be rich. So who needs life insurance? But, as you know, life doesn’t always go the way we plan. Sometimes people die before their time and life insurance is … Read more