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How To Save Money on Your Car Insurance Premiums

admin — Sun, 30 Oct 2011 17:05:38 +0000

Car insurance is a necessary evil and if you miss paying your premium, you could end up getting into trouble with the law. In most places, driving without a valid insurance coverage is a crime punishable by fines, revocation of licenses and even imprisonment. Fortunately, you do not have to get expensive car insurance to be able to drive your car. In fact, there are a number of ways to save money on your car insurance premiums without jeopardizing your coverage.

The best way to save money on your car insurance premiums is to compare auto insurance quotes and go for the cheapest coverage. You can get auto insurance quotes online so you need not deal directly with an insurance agent. Another way to save money on your coverage is to ask for discounts. Most car insurance companies are willing to give discounts to drivers who have not been on a road accident in the last three years and those who have taken government approved defense driving classes. If you have taken some government approved driving lessons lately, present your certificate of course completion to your car insurance company and ask for discounts on your premium.

Aside from giving premium discounts to drivers with good driving records, most insurance companies also give discounts if you install safety devices into your car and you have a safe place to park your car. Note that most insurers are concerned about the degree of risk that they take when they insurance your car. If you can prove to these companies that you belong to the low risk group, you may be able to get up to 20% discount on your premium.

A firefighter who burned his own car for insurance money

admin — Mon, 24 Oct 2011 01:05:27 +0000

Insurance fraud is out there. There are all types of insurance fraud. I read on the News today about a fire fighter who burned his own car and file for insurance compensation. He was caught in Las Vegas and is facing heavy sentence for fraud. It was even more interesting because he was a fire fighter who was supposed to save people from fire but he burned his own car. It was on the News in Vegas today. A fire fighter who burned his own car. It was a really old wagon. I saw the photo of the burned car on the website and the photo of the fire fighter. He filed for insurance compensation for around ,000. The general attorney in Las Vegas is pretty upset since this is a problem in Vegas. People do a lot of insurance fraud here. They burned their car and then filed for insurance compensation.

Within the last year, they have stopped 0,000 of fraud insurance cases from being paid out. The court caught on fast and they saved the insurance industry. Fraud happens all the time and it’s not only with cars but also with people’s lives. I’ve seen a lot of stories where people murder their family members or spouse for insurance money. They murder them and try to get the insurance money. I saw a lot of those cases on the court TV. It’s devastating but people will go far for money. I saw a lot of people who murder their spouse for insurance money. It’s out there.

If someone asks you to sign an insurance beneficiary release, you might want to question them to see why they’re doing that. It’s frightening but that’s what going on out there. People are greedy and they want to get their hands on your insurance money. It’s ashamed what our society has become but people are so absorb into money. I was even more shock to see a fire fighter who we call hero burned his own car for insurance money. He created an alibi so that he can get away with it. It’s kind of wrong for people to do that if they are a fire fighter but I guess he didn’t care. This is where you have men in uniforms who will commit crimes.

Awhile back, it was an officer who stalks a few women and then assaulted them. He got arrested finally but that was kind of frightening. Law enforcement knows your home address and it’s scary to have your homes address exposed to them. They might follow you one day. Not all of them will but it’s a possibility if they’re mentally ill. I think that this one particular officer was mentally ill from his previous police training. During the assault he repeats a lot of things that his trainer would say to him, they were a lot of break down messages. The police academy would use mental challenges to train their men and the men are not supposed to be break down over it. They are supposed to stand up to it. Any kind of training like this will make people go mental. Look at Michael Jackson; it turned him into Peter Pan.

You Might Be Spending Too Much Money For Auto Insurance

admin — Tue, 11 Oct 2011 09:14:55 +0000

When dealing with auto insurance agents because of an insurance claim, its imperative that you have an idea of what you are going up against and have tools at your disposal to help you stand your ground. You may have to deal with your car insurance agent, but more than likely that person is going to refer you to someone higher up.

Use a search engine: Find a company by searching online. Get your information all at once by using a search engine to get you the quotes you need on one page. You can do it one by one but this way is easier and can get you all your information in one shot.

Relationship between Credit Score and Claim History. Car insurance terms are more likely to be favorable if a customers credit history is spotless. From the insurers perspective, if the insured has never missed a payment, is always on time and has never defaulted or declared bankruptcy, they probably are not the type of person who gets into a lot of accidents and makes a lot of claims. It may sound like a stretch, but insurance companies spend a lot of money researching just these kinds of correlations to help them assess risk.

How Does My Insurer Use a CLUE Report? CLUE reports are used almost exclusively by agents who are considering new clients. They are used during the underwriting process to determine the risk of a particular client. Most companies do not used them for renewals because they have their own history on a client. This makes the underwriting process easier for insurers, who can avoid searching public records and requesting information from previous insurers. Who Can Get My Report? Any insurance company that participates with CLUE can get a copy of the report, but you as a consumer can also request and receive a copy of your own CLUE report.

The Role of an Auto Insurance Agent. An insurance agent has several roles. One of the main roles of an auto insurance agent is to provide the best car insurance quotes for their consumer. If the agent works for an insurance company, they are often authorized to give out the most suitable premium for each consumer. Also, since most agents commission is based on the auto insurance sales they get, most of these agents have knowledge and understanding of the different types of auto insurance.

You should not make a comparison of auto insurance quotes on their own limits only. You should also perform a research the company that they are provided by. It would be better if you can check its rating and its history and if it is a reliable company. It is a great if you could get some reviews from clients also. It is very important for you to get to know more about their customer support services. Now the part that is very crucial for your search of the free insurance quotes it is simple: some general tips – today the Internet technologies give you a really unique chance to choose exactly what you require at the best terms which are available on the market. Funny, but most of the people do not use this opportunity.

The Six Minute Book Summary of Grow Your Money by Jonathan D. Pond

admin — Sat, 24 Sep 2011 01:05:21 +0000

Executive Summary

Author, Jonathan Pond, known as America’s #1 financial planner, his books has sold over one million copies. He has been on 17 prime time TV specials, such as CNN and NBC. His television work has been recognized with an Emmy and a Forbes award. He attended college at the University of North Carolina, Emory University, and Harvard Business School. He now lives in the Boston suburbs, with his wife and three kids.

Throughout the book he gives tips, lists and explains 101 tips that provide general investment and financial advice, to provide you with financial security. He focuses on long term financial goals, because those are generally more important, such as retirement and investing. He stresses Retirement throughout the entire book. With any other savings, investing, or expenses he incorporates that you must invest in retirement at least a certain percentage.

To get you started Jonathon, gives you an exercise in the first chapter. You are to list all of your financial goals, and then prioritize them. The difficult part is prioritizing your goals, and making the trade off of what you want now and planning for the future. I like how Jonathan explains this, he says, “Delayed gratification is, well, so un-American.” After you set your financial goal, you want to start saving and investing as soon as possible. He states the two keys are to, “start early, and plan for the long term.” The earlier you start saving and investing the closer you will get accumulating real wealth and achieving financial security.

The keys to achieving financial security, spells out “financial security” which is repeated and explained further throughout the book.

F- Formulating objectives –financial planning goals and objectives

I – ensuring that you have adequate Insurance – always maintain insurance it will cost you more if you don’t have it.

N – Never giving up control over your money- don’t let other people tell you what do with your money, follow your passion.

A – Allocating your investments appropriately

N- creating a Nest egg (savings)

C- Coping with major life events(prepare for the unexpected)

I- Investing wisely

A-Assuring that you minimize income taxes

L- Learning to live beneath your means(spend less than you earn)

S-Setting your records straight,

E- planning you Estate

C- meeting College education costs

U- Using credit wisely,

R- participating in Retirement plans

I- Investing in your career

T- Taking the time to attend to your finances

Y- You’re responsible for achieving financial security

The Ten Things Managers Need to Know fromGrow Your Money:

1. Invest wisely to increase profits.

2. Managers/employers need offer a good retirement plan for employees.

3. Manger should know how to pick the right professionals to advise you, when hiring outside services.

4. They would need to set up a good financial navigation system and set goals, to know what direction the company is going financially.

5. A manager needs to know how to set up a functional budget.

6. They need to know when expenses need to be cut, and what actions to take.

7. Managers need to know how use debt to their advantage, borrow on something that will appreciate in value.

8. Deciding when it is time to buy are sell a new investment.

9. Buying and/or maintanaceing a building, a manager with the help of an accountant, needs to know what will be more beneficial.

10. Managers/acct need to know how to find ways to reduce taxes.

Full Summary of Grow Your Money

Chapter 1: “Achieving your financial dream”

Jonathan begins by stressing that you get serious about your finances and your financial dreams. Idea 1:Program your financial navigation system

First you need to establish what you want your money to do for you now and in the future. Jonathan highly encourages saving for retirement. He gives you a table to help you “program your financial navigation system,” that will help you organize your thoughts and let you know where your priorities are and get them straight, if necessary. You should list all your financial goals short term and long term, then organize them by importance, long term goals are generally more important. The hard part of that decision is prioritizing and tradeoffs between what you want now and preparing for long term future. You want to focus on the more important goals (long term goal) he goes on to explain how your “short term money fling” could affect your long term financial securities. He gives an example of buying a more expense car now, instead of getting the less expensive car and investing the difference, so in 20 years the extra money you would have spent on the car has possibly doubled for you.

Idea 2:Time is your ally

“Start early, save often,” starting early will put time on your side, weather you are investing or saving for long term. The more time you have for investing, the more money you will make from interest, dividends and capital gains. By saving these earning and reinvesting, this creates, “the miracle of compound growth,” when you earn earning off of your earnings. Again the decision comes to save long term or to spend now, as Pond puts it, the longer you choose current consumptions over long term, the shorter time period you have to create necessary savings for your financial dreams. Not only must you start early and save you should be persistent with your contributions, to raise future earnings.

Idea 3:Getting rich is boring

Getting rich takes time and it’s boring, but it’s almost certain if you take the long, boring route you will accumulate a sizable amount of money of the years. Of course there are the “Get Rich Quick” seminars, which odds are slim for that kind of success, and most people end up worst than they were before. So, though getting rich the old fashion way is boring and takes time, it’s almost guaranteed success.

Idea 4:Millionaire success secrets

“If you want to be a millionaire, find some millionaires and just do what they do.” Some characteristics that are commonly displayed by millionaires are set some type of goal, have encourage from family, don’t get defeated by challenges, make sacrifices to achieve long term goals, weren’t afraid to take risk, had great sales skills, followed their passion, read a lot and took steps to learn from others, managed there debt. Millionaires that work for their money, tend to not show their wealth. They are ok with driving an older car, and saving the rest, that’s why they are millionaires. According to Pond, many people who live like they are millionaire aren’t millionaires at all, unless you count their debt.

Idea5: Go forth and let your money multiply

To achieve financial security, you have to work at it. Idea 5 lists the keys to achieving financial security, by spelling it out. F-Formulating objective, I- having adequate Insurance, N- Never give up control over your money, A- Allocation your investments appropriately, N- creating a Nest egg (savings), C- Coping with major life events(prepare for the unexpected), I- Investing wisely, A-Assuring that you minimize income taxes, L- Learning to live beneath your means(spend less than you earn), S-Setting your records straight, E- planning you Estate, C- meeting College education costs, U- Using credit wisely, R- participating in Retirement plans, I- Investing in your career, T- Taking the time to attend to your finances, and Y- You’re responsible for achieving financial security.

Chapter 2: Profiting from a fabulous career

“Your career is your single best investment.”

Idea6: The ingredients of career success

Ingredients for career success involved keeping up to date in your field and striving to be a dedicated and hardworking employee will translate into a higher income, more satisfying work life and better job security. Pond points out several outside learning activities to improve your knowledge in your field, such as reading, classes, and mentors. Another primary point to career success, don’t be afraid to take risk. Pond says, ‘your career is likely to go nowhere unless you’re willing if not eager to take risk.

Idea 7: Advicefor those who have taken a career sabbatical

It is important that you be positive, when getting back into the work force. Your first concern is you resume and what to put on it for you absence. Depending on how long you were out of work, pond gives you example of what to put. You do not want to leave this blank.

Idea8: considering a career change

When you decide to change careers, and have invested in yourself, the skills you posses will make the transition into a new career a lot

Money Saving Tips – 21 Top Money Saving Tips On Household Spending

admin — Thu, 22 Sep 2011 01:06:05 +0000

Tips for money saving on household spending

“Money, money, money, always sunny, in the rich mans world. Aha-ahaaa.”

ABBA got it right, our finances need to be in order. We all know that but if we don’t have the money, if our circumstances have been reduced, what do we do?

Like a lot of people, you’re probably really feeling the financial pinch. It isn’t much consolation to be told you’re not alone – but you’re not. A lot of us at the moment, need financial help. We need ways to save money.

Here in Spain, those of us relying on money transfer from the UK – such as pensioners – are several thousand Euros a year worse off than a couple of years ago – purely because of the exchange rate. On top of that is the increase in cost of living. Our financial circumstances have changed.

Along with everyone else we’ve had to adjust our belts. Luckily there are ways and means of smoothing it out a little. Most of us are guilty of wasting money. Here are a few ways to make sure we grab back as much of that money as we can – a financial health check if you like…

Tips for money saving – Forget those meals out.
Cheap meals are still expensive

Even a so-called ‘cheap’ meal for two people will probably total 20 Euros by the time you’ve finished drinking, paying for petrol or taxis, etc. If you have just one meal a week out, that’s 1000 Euros a year. Whether bar meals, café meals, or restaurant meals, you’ll save serious money by cooking a special meal at home instead of eating out – and you’ll probably find it healthier and more enjoyable as well.You’ll even be able to purchase a decent bottle of plonk if you want to make it really special, and STILL save money

I’m relatively new to cooking at home, yet I know my meals are as good or better, than those we have out. If I can do it, so can you. Check out my simple recipes if you need guidance. I promise they’re easy, quick, and tasty.

Use your local market
Save money on household spending on groceries

We all like the convenience of one-stop shopping – but it IS expensive. Consider using your local market stall for groceries. Lower financial overheads mean lower prices. It’s quite easy to save 60% on certain items on your grocery bill

Switch off those lights
We all do it, we all leave those lights on.

We shouldn’t, but we do. Save money and save the planet – switch off those unused lights, the TV the Hi Fi. If they aren’t in use, why waste money on them? Don’t leave the damn things on standby – that’s just money down the drain.

Tips for money saving – Slash your fuel bills by at least 5%.
Your house is probably too hot

Most of us are guilty of it. If you can stand it being slightly cooler, turning your central heating down by just 1 degree will save a whopping 5% on your fuel bill…. and fuel is very expensive. We’re talking about serious saving here. Think what you can save if you turn it down a little further…

Supermarket tricks
Weekly shopping consumes one hefty chunk of your money

Supermarkets are where most of your household spending is spent. Any money saved there has to be worthwhile.

Tip for saving money – Stores and supermarkets spend a lot of effort and time researching ways of making us part with money. Have you ever been aware of subtle music in certain aisles?

Tip for saving money – What’s the first thing you smell in a supermarket – it’s usually the bakery. The smell makes us hungry. When we’re hungry we’re liable to buy more food than we planned. So, if you want to save money, ALWAYS eat before you go shopping.

Tip for saving money – Regularly purchased articles are quite often distributed all over the supermarket – annoying but psychologically calculated to make us spend more. They do this because to get to them we pass countless other enticing products – and are liable to pop something extra we hadn’t thought of, into our trolley.

Tip for saving money – To get over this problem – make a list. Don’t shop haphazardly.

Tip for saving money – My own local supermarket in Spain, keeps changing the location of the stuff as well – in this case I feel like screaming!!! It actually makes me so annoyed I want to get out as quickly as possible – so in this instance their psychology is slightly awry. Spanish supermarket managers should realize that annoying the customers has the reverse effect – so maybe we can teach them something…..

Tip for saving money – Another supermarket trick – goodies that make most profit are positioned at eye level (or children’s eye level). So bear in mind that eye level commodities are not the best deals. They’re the ones to give supermarkets most profit. Bend down or reach up and you might just find a cheaper version that is just as good.

Tip for saving money – Supermarkets also have a little known and nasty secret. Have you ever wondered why the same product is stocked in several places? Did you think it was sloppy storage – wrong. The price of goods is different at different points around the store. Make sure you pick up from the cheapest pile.

Tip for saving money – You’ve probably not noticed these subtle things, but you’ll have noticed your bill is often more than expected – you’ve been ingeniously persuaded to pick-up things you hadn’t intended. To get around it, simply make out a shopping list before you go, and stick to it. ONLY purchase what you need and what you originally had on your list – and search for the cheapest version.

Change your phone habit

Is your cell phone really indispensable?

Tip for saving money – Be honest about it. Most people don’t really need one. For most it has a sort of ‘toy’ value. Do without it if you can – most calls simply aren’t necessary – most can wait. If you REALLY can’t do without, then ask yourself, do you really need those glitzy gizmos as part of the package?

Think about a pay-as-you go mobile phone.You can purchase a pay-as-you-go phone very cheaply and only pay for the odd call as and when you need it.

Purchase own-brand
Forget stigma on your household spending

Tip for saving money – Purchase supermarket own-brand goods – forget all about stigma, its all in the mind, save money.

I always buy home brand goods in my supermarket – including spirits. Currently I save 30% on brandy, white rum and gin. Own-brand cleaning goods are excellent value. Own-brand foodstuff is always worth a try. You’ll be amazed how much money you can save on your shopping bill, try it.

Lamp light

Change those energy hungry incandescent light bulbs for energy efficient lamps around the home – and your finances will light up.

Don’t buy designer labels

For some reason, a lot of people today have been brainwashed into thinking designer labels are what they should purchase.

Yet the majority of people don’t have a clue WHO the designers of your clothes are. You’d probably have to point out where you purchased them from if you wanted them to notice – don’t bother. Buy a cheaper brand and keep it to yourself.

Tips for money saving – Try DIY
It isn’t so difficult to save a lot on household spending

Do your own household repairs, and decorating – become a DIY person. Don’t call in the handyman, put that shelf up yourself – you might even find you enjoy it. It’s very satisfying doing that job around the home, and adds a more personal touch to the home.

If you don’t know how to tackle it, take a programme at your local adult education college to improve skills to undertake those household repairs. You’ll save a fortune on call outs and decorating bills.

Car insurance
It’s better off in your pocket than their’s

Tip for saving money – Don’t automatically renew car insurance when it’s due%u2026

You should ALWAYS ask for a new quote instead of renewing. This month (March 2009) my car insurance was due. I didn’t return the phone call reminder.

On the second call from them, I explained it was too expensive, that I was looking for an alternative quote from other companies. Within minutes, their quote was reduced by just over 30% – a saving of 150 Euros (0).

Don’t waste food.

Don’t throw your food away. In Britain alone, people discard 17 million tons of food each year, a quarter of which is still quite edible.

Look very carefully, at what you’re throwing away. Make soup from leftover vegetables. Make sure you only purchase sufficient perishable food whilst shopping.

Don’t keep up with the neighbours.
Who cares anyway? Save on your household spending

Tip for saving money – Trying to keep up appearances is an expensive hobby. If your neighbour has loads of bright shiney new things, there’s a great probability they’re in more financial debt than you. Even if they aren’t, why bother…. Set your own trend, don’t follow someone else’s. Be independent and you might just find they’re following you instead.

Take a packed lunch to work
You might just enjoy it

Tip for saving money – Instead of following the crowd and eating in the bar, café or canteen every lunchtime, go to the park with some homemade sandwiches – it’s far cheaper. You can always feed the ducks afterwards. Make your own coffee or take a flask. It’s cheaper and better than machine coffee.

It’s the small money saving ideas you use each day that make the difference. We tend to dismiss these as insignificant. They’re not. They

Driving for Money

admin — Sat, 17 Sep 2011 01:01:16 +0000

More than a million people have already discovered the economic potential of advertising vehicles and are now driving a new car that had free. Some can also earn between $ 100 and $ 3000 each month.

Big companies are always looking for new ways to advertise itself. The good thing about this is that, sometimes, we too can have benefits. All you have to do is apply the logo of a company or an advertisement on your car and not separate you from your vehicle, , use your car as you have always used: to go to work, gym, vacation, travel, in other words where ever you go with your car. This method of promotion offers tremendous benefit to the company advertiser and sure profitfor the driver. In fact, the company agrees to pay those who affix stickers advertising on their car. In some cases, the company actually give you a new car with advertising already applied. And all you have to do is drive.

This certainly could be a job but we must have the patience to wait some time before you make money, it is normally at the mercy of advertisers. On average, applications will be accepted within 90 days of submission. But, in the end, the wait could be well worth it. Today there are millions of people who benefit from this new advertising strategy throughout the United States, Canada and Europe.

Do you think there may be the catch? Absolutely there can be: you pay for driving your car as you have always done, or give you a new car to drive.

Of course there are things that we must ensure to begin this activity. First, we must be willing to have advertising on your car wherever you go, you are not allowed to remove the advertising until the end of the contract. And, secondly, you must agree to drive for a certain number of miles per month, depending on the company that makes you the contract, but they are normally miles that most people do anyway. There may also ask to leave the car near a large urban center and near a park or in a public place as much as possible. Advertisers collect this and other detailed information on you before you make a contract. Of course the costs for insurance, maintenance and gas will be your charge. You also must be at least 18 years of age and have a good driving skills.

Once satisfied these requirements and is chosen for a contract do you earn between $ 100 and $ 3000 each month. Of course, few people earn $ 3000 per month, but everything depends on the company, how long you drive , where you drive, and the type of ad that is placed on your car.

If you like this method and you want to start, try on the Internet. In the network there are several companies offering this service. You need only go to their site and leave your data to be submitted to a list of advertisers who might choose you and offer you money to drive your car. Some of these sites are just intermediaries and ask for a subscription fee (usually around $ 30) but others are sites of the companies that handle the advertising and not ask any fee.

Here is a small list of companies that offer the service. Not to be an exhaustive list, but only a list of companies that I found doing a little research on the Internet. Seeking better if they can find other, but meantime you can begin with those who ask no fee.

AdSmart http://adsmartoutdoor.com/drivers.htm