A Credit Card Strategy for Dealing with Natural Disasters
Digging out from the losses incurred when a natural disaster strikes can take time. Waiting for insurance claims to be processed, or emergency aid to be disbursed can take weeks, or longer. Meanwhile households have bills to pay, and the financial strain of needing to replace so much right now just to get back to functioning.
You know I believe there is no substitute for keeping an emergency fund in a federally insured bank or credit union account. That is the best—the only way—to ensure your “what if” money is always safe and will always be there for you. Yet I know how frustrating it has been to follow my safe—not—sorry advice since late 2008. That’s when the Federal Reserve pushed safe savings rates down to zero. The Fed’s move was focused to help the economy pull out of recession and then regain some positive momentum. But that was done at the cost of savers earning pretty much nothing.
Why I Hate Guaranteed Acceptance Whole Life Insurance
I was glued to the TV recently watching the news when an advertisement for Guaranteed Acceptance Life Insurance came on. Whoo boy, did my blood pressure rise. I am not a fan of this type of life insurance.
Step 3: Get to the Point: When It Pays to Buy Down Your Mortgage
Lenders like to give home borrowers choices when it comes to their mortgage rate.
You’ll always be presented with a standard rate: what you qualify for based on how the lender sizes up your financial profile (credit score, income, debts etc.)
And then you will also be presented with some options to “buy down” or reduce that interest rate.
The Three Communication Skills That Make Suze Orman An Influential Celebrity
More than 300,000 financial advisors in the United States provide saving, investing and retirement advice, but only one made the top ten of the Forbes 2013 list of the most influential celebrities: Suze Orman.