Budget Snob

The Importance of Income Protection

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In today’s tumultuous economy and unemployment rates it really makes you grateful for having a safe and secure job. Unfortunately, there are no guarantees as to how long that job will last, and how long you will be able to perform the necessary tasks. I work a simple office job, no heavy lifting or physical exertion. Yet, last year I found myself physically unable to work due to a severe illness. Fortunately my employer provided disability benefits so that I was able to receive my income while I recovered from my illness.
Income protection is an issue that can often be overlooked; people can get stuck within the mind-set that these things won’t happen to them.… Read the rest

Tips on Sticking with Your Budget

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There are times when major expenses cannot be avoided. You may want to reward yourself with a new car, go on a vacation or buy a bigger house. Your first impulse might be to take out a loan to pay for this; but, it that the wise thing to do? If you have developed the habit of monitoring how much money you make monthly and how much you spend on your expenses, you will know much you can put aside for future expenses.

At the end of the day, creating a budget and sticking to it is the best way to manage your finances.… Read the rest

Personal Finance Advice That Takes Only Minutes To Read, But Will Help For Years To Come

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Do you desire to make life-long financial changes for the better? This is something you can do, but you must invest some research time. There is thankfully a ton of advice to been had here in this article.

Paying off any credit cards that have high interest rates should be your priority as you seek to pay down your debt. While you may personally prefer to pay all your debts at the same rate, zeroing in on those with high interest rates benefits you in the end. This is very important, since credit rates are expected to rise soon.

From every check, take out savings first.… Read the rest

Rental Insurance for Your Investment Property

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Are you looking for an adequate investment vehicle in order to support your long-term financial goals, or perhaps retirement?  With the economy, and specifically the housing market at low, coupled with historically low interest rates, this could be the best time ever to buy a home!  Not only that, this may be the best time ever to buy an investment property as well.  The upfront monies required to buy a turn-key property are significantly lower than in years past, and while banks are acquiring the necessary capital to invest, credit is becoming increasingly more available to everyone.  I’ve actually been giving consideration to renting out my current home and purchasing a new one next year as well, so this is a hot button topic for me personally. … Read the rest

Public Liability Insurance & the Small Business

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Part of being a small business owner is not only working to grow your business, but also being able to protect it. In order to do this, there are various kinds of business insurance policies to protect your business from potential risks. One risk that can endanger your business relates to members of the public or customers coming onto your business property. If one of these individuals should become injured or sustain damage to their property, they may file a claim against you. Public liability insurance protects you as a small business owner from such claims.
Public liability insurance can cover a variety of damages that a small business would need to pay out to the third party.… Read the rest