It appears that the major economies around the world are arriving – albeit at different paces – at a turning point. After years of cautious talk about possible recovery, the clamoring from the markets for a raise in interest rates will surely soon lead to some action. But what does this actually mean for those of us who aren’t active investors? Most people are aware of the primary impact of a rise in interest rates: tracker mortgage, credit card and loan repayments will quickly increase, as well as the cost of new borrowing. So if you’re … [Read more...] about Interest rates – Will They Rise? And What That Means For You
Archives for July 2014
Restaurants rely on more than ambiance and the aroma of your favorite foods to get you to spend. They favor tricks to appeal to your mind -- to get you in the door and push your bill higher. But there are ways that you can save money eating out at restaurants. Restaurants hope that we don't realize it, but a lot of energy goes into developing menus. They focus on every detail -- layout, font, color scheme and so much more -- every aspect designed to entice us to spend more money. For example, have you ever noticed that many … [Read more...] about How To Save Money Eating Out At Restaurants
Buying a home in a new subdivision can be exciting. You're often the first person to live in your home, and it likely will have many of the latest features and amenities. But there's a danger too -- one I know only too well. In 2009, my wife and I bought a new home in a new neighborhood. Today, with the developer still building more houses in the subdivision, we're finding that we can't easily sell it -- at least, not without losing $20,000 or more in equity. We've learned the hard way that it's incredibly tough to compete with the … [Read more...] about The Danger Of Buying A Home In A New Neighborhood
As with any potential risk factor, the presence of diabetes will have an effect on decisions made by insurance providers. If an applicant has any medical condition that makes the potential of having to pay out more likely it will factor in to any policy that is granted. This does not mean that if you have diabetes you cannot get life insurance but it may mean that the premiums you pay will be higher. This is because of the higher risk involved. There are some insurers who actually specialize in such high risk applications which makes it … [Read more...] about If I Am Diabetic Can I Still Get Life Insurance?
The savings rate in America is dismal, and it's heading in the wrong direction. According to the latest data from the Bureau of Economic Analysis, the personal savings rate in America is 4.5%, down from 5.6% the previous year. But do you know what's the greatest hindrance to you increasing your savings? You. Your brain is the biggest thing holding you back from saving more, and one of the best ways to combat this is to trick yourself into saving money every day. You have to make savings a game. Here are five sneaky ways to do … [Read more...] about How To Trick Yourself Into Saving Money Everyday
Are extended warranties worth it? Retailers are pushing extended warranties with more fervor than ever, and consumers are buying. But in almost every case, they are a bad deal. Extended warranties are everywhere. It seems like every retailer is offering them now, even for purchases as small as a $30 toaster oven. And according to research done by Protect Your Bubble, a third-party gadget insurer, 40 percent of U.S. buyers are taking those stores up on the offers. Sales of extended warranties have seen between 15% and 20% annual … [Read more...] about Are Buying Extended Warranties Worth It or A Waste Of Money
Whenever you’re selling a big ticket item, it’s usually a good idea to put in a little prep work before you show it to prospective buyers. There are ways that you can prepare your diamonds for sale. In the same way that you might repaint a house or clean out a car before selling it, there are some steps you can take before you sell your diamond. These three steps can help a buyer see the full value of your diamond and hopefully will help you get a better offer: 1) Gather Documentation - Many people don’t realize that documentation might help … [Read more...] about How To Prepare Your Diamonds For Sale