Personal Finance Blog - Spreading Financial Independence. Guest Bloggers Are Welcome

Guest Bloggers Are Welcome

Auto Insurance - What Factors Affect Rates?

By: Academix Insurance Views: 4057 | Comments: 0 | Votes: 0

Auto insurance companies use many factors when then calculate your premiums. Some of these factors are under your control, and some you are powerless to change. Learning about what these factors are can help you understand where your insurance premiums come from, and enable you to change some factors if necessary to save money. Because of this, insurance for these types of cars is high. More

Do You Want Debt Freedom? These 6 Helpful Hints Will Help

By: Goldfish Personal Finance Views: 3663 | Comments: 0 | Votes: 0

Is your debt level getting you down? Don't know how to fix it? Welcome to the club, you're in fine company. Many American families are suffering with the same fears and worries as you are. There is a way out, however. It just takes some basic knowledge and commitment. Do you want to be debt free some day? You can be, if you follow some easy steps and put a plan into action. Let's go. More

How to Get All the Money You Want

By: Frugal World Personal Finance Views: 3957 | Comments: 0 | Votes: 0

In this world we live in money has been given a significant meaning in our lives. Most people lives revolve around having money. Unfortunately those people are living according to their beliefs that there isn't enough, and with the resultant lack of money. Now hear this: There is always enough to meet your needs! Let us look at two resources we have. The next example is electricity. More

Retire This Year

By: WiseSaver Retirement Planning Views: 4721 | Comments: 0 | Votes: 0

How many times have you been at work thinking that you would love to just retire now? Maybe you really love what you do but are tired of making a fraction of what your boss collects for the work you do and are just ready to call it quits. No matter what your reason for wanting to retire now, there might be an answer. Most people do not even realize how many of these jobs are available. More

Fair Debt Collection

By: Frugal World Banking Views: 4473 | Comments: 0 | Votes: 0

If you use credit cards, owe money on a personal loan, or are paying on a home mortgage, you are a "debtor." If you fall behind in repaying your creditors, or an error is made on your accounts, you may be contacted by a "debt collector." Of course, the law does not erase any legitimate debt you owe. What debts are covered? Personal, family, and household debts are covered under the Act. More

Refinance Mortgage Potential Pitfalls

By: Academix Home Loans Views: 3165 | Comments: 0 | Votes: 0

There has been a lot of talk about mortgage refinancing over the last couple of years. One thing that you need to bear squarely in mind when considering doing this is that you must be prepared to pay your costs at closing. This is very similar to what happened when you initially purchased your home. Any money owing for this service will usually be paid at the point of settlement. More

FICO - How your score affects you

By: Academix Credit Repair Views: 3195 | Comments: 0 | Votes: 0

Throughout the years, mortgage rates have varied by loan-to-value and by term only. Items such as mortgages and variation in credit risks were not taken into consideration. A variation in interest rates was typically due to an additional charge for mortgage insurance (PMI) for home loans with loan-to-values greater than 80 percent, or higher rates due to the length of amortization. More

How long to keep financial records

By: Julian Block Tax Planning Views: 2214 | Comments: 0 | Votes: 0

You need no reminder to hold on to your tax records in case your returns are questioned by the Internal Revenue Service. But just how long do you need to save those old records that clutter up your closets and desk drawers? Unfortunately, there is no flat cutoff and the time limits go all over the lot. But wait! The audit, admonishes the IRS, can begin "at any time." More

Selective depreciation can boost bottom line

By: Tom Stevens Real Estate Views: 2276 | Comments: 2 | Votes: 0

Not all assets are created equal in the eyes of the Internal Revenue Service. Some assets purchased during construction of a new building (like light fixtures and lab equipment) have a shorter life span than the building itself -- carrying the potential for a greater tax deduction. And a new law passed by Congress allows additional savings until 2006. After Sept. 22, 2004. 1, 2006. More

How Americans view personal wealth vs. how financial planners view this wealth

By: Jack Gillis Financial Planning Views: 2045 | Comments: 0 | Votes: 0

Americans Think Wealth Is Harder For Them to Accumulate Than Do Planners Two recent surveys, released today by the Consumer Federation of America (CFA) and the Financial Planning Association® (FPA®), reveal that financial planners believe it is easier for Americans to accumulate personal wealth than do Americans themselves. Barnash, CFP®. 8%. More