Financial Considerations

How to Save on Car Insurance

With so many options for insurance policies out there, looking for a good deal on car insurance can be a little overwhelming. But learning how to save on car insurance doesn’t really have to be complicated. You just need to know what things you can do to make sure you get the best deal. How to Save on Car Insurance Now Here are some of the things you can do to make an immediate difference to save on car insurance: Shop around for the best price. It may seem obvious, but there are still many drivers who only look at…

7 Budgeting and Saving Apps to Help You and Your Money

No matter what it is, there’s an app that claims to help you do it better. Saving and budgeting are no exception. There are so many saving and budgeting apps that it can be hard to know which to trust. While this is not a comprehensive list, here are seven favorites: YNAB: Comprehensive Personal Budgeting Similar to Mint (another fantastic comprehensive budgeting app), You Need A Budget – better known as YNAB – is designed to help you live within your means, get out of debt and stop living paycheck to paycheck. It works by automatically tracking your income and…

Is Interest Rate and APR the Same Thing?

If you’re in the market for a mortgage, car loan or considering a different credit card, you pay attention to the low rates advertised. Interestingly though, it’s never mentioned what kind of rate the ad is referring to: the basic interest rate or the annual percentage rate (APR). Only one rate tells the full story of how much borrowing that money will cost you. It’s the APR. Here’s the difference: Interest rates reflect the cost you pay each year to borrow $25,000 for a car or $100,000 for a home. It’s a percentage of that principal and it’s determined by…

Is an Online Financial Advisor Right for You?

While many people choose to handle their finances and investments on their own, a good number of households opt for the services of a professional financial advisor. This means scheduling visits to an office to discuss investments and other financial goals. Like our shopping, entertainment, and other parts of financial management, you can now choose an online financial advisor that you never meet face-to-face. But is that a good idea? Let’s dive in and take a look at the pros and cons of online-only financial advising and whether or not it makes sense for you. Why an Online Financial Advisor…

Borrowing Money? What Loan is Best for You?

Most people need to borrow money at some point. Americans owe more than $13 trillion in total debt. Borrowing is clearly an expensive proposition for many American families. If you do find yourself borrowing to buy a home, a car, an education, or anything else, it is important to look at the pros and cons. It’s all about making the right long-term decisions and minimizing out-of-pocket costs. Let’s look at what you need to know to best evaluate loan options available to Americans today. Common Types of Loans Loans come in many names and forms. When looking at consumer loans…

How to Get a Better Price on Everything You Buy

Finding the perfect gift for someone is a wonderful feeling. But, for many of us, finding that gift at a great price adds a little extra fun to the experience. It has nothing to do with a lack of generosity, it’s just something we seem to have in our DNA—if we don’t get a bargain, there’s something unsatisfying about the whole thing. The holiday shopping season is a particularly stressful time for shoppers whose favorite sport is finding the best deal on absolutely everything. Of course, that kind of frustration isn’t unique to the holidays or gift-giving; there are plenty…

10 Ways to Save Money on Energy Bills This Winter

With the chilly winter months here in many parts of the country, it’s a perfect time to assess how to save money and stay warm. A good place to start is by running an energy audit to determine where you spend the most energy dollars. In the meantime, there also are other things you can do to get through the winter without siphoning your savings. Turn Down The Heat Even if you love feeling toasty in the winter, consider regulating your thermostat by dropping it a few degrees and wearing a sweater inside your home. Energy Star offers free advice…

7 Ways to Take Control of Your Finances Before the End of the Year

Did you know “saving [more] money” was one of the top three New Year’s resolutions in 2018? Chances are, it will rank among the top resolutions for 2019 as well. No matter how comfortable we are financially, most of us can do more with our money. If you’re among the many people considering a financial resolution in 2019, there are plenty of things you can do before the ball drops. Addressing your finances now to set yourself up for success in January. Here are seven things to consider doing right now: Check Your Credit Report You can check your credit…

How Your Life Insurance Quote is Determined

Life insurance plays an important role in protecting your loved ones from financial burden. Single or married, in your 20s and 30s or older, with kids or without, most people benefit from some level of life insurance. However, the perceived cost often holds people back from buying a life insurance policy. It’s assumed life insurance is expensive. A misconception that’s untrue for many people. How are Life Insurance Quotes Determined? The process of getting a life insurance quote is simple. You’ll start by filling out a questionnaire. This helps your SelectQuote agent provide a side-by-side comparison of prices from highly…

What are the Benefits of Bundling Home and Auto Insurance?

We’ve all seen the ads. Whether in a museum of inexplicable accidents or a fitness class where alter egos debate coverage, the messaging often includes: Bundle your home and auto insurance.  But should you? It often leads to greater savings and better service. Let’s explore why. Most Carriers Offer Multiple Products Bundling home and auto policies provides a good deal for most. If you can get a single stop for your insurance needs — and save money — who wouldn’t?  Aside from financial savings through companion discounts by purchasing multiple policies, a single carrier can save you time. Bundling Policies Should Save…

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