Guest Contributor

If you have ever been involved in a car accident, you will likely know that it’s not a fun experience. Even if the crash wasn’t severe, it can affect your life in many ways. While a car accident can obviously affect your mental and physical health, you also need to understand that it will likely affect your financial well-being as well, although how much you will be affected will depend on various things. There are a few things that you should know about financially recovering from a car accident, and this post is here to share a few of them. Consider getting a lawyer In some cases, a car accident can simply happen due to the fault of no one. … Read more

When business is booming, you probably aren’t worried too much about overhead costs. You’re making a profit and know that monthly costs are covered. However, once things slow down, you might start wondering where you can cut costs and still make money. Cutting overhead costs doesn’t need to be difficult. Below are a few ways you cut some of the most expensive overhead costs. How Do Operating Expenses Work? Operating expenses can be broken into daily, monthly, and annually. In general, overhead costs are fixed expenses that you need to pay every month. These typically include office space, power, internet and any other fixed cost that isn’t associated goods or services. Let’s break these down even further Rent Unless you … Read more

When you are getting a house, private mortgage insurance might be required, depending on how much you put down. This is a kind of insurance that protects the lender from potential foreclosure or default. If your down payment is less than 20 percent of the home’s cost, you will likely require PMI. It is an extra cost, but if you can’t afford a larger down payment, having a policy in place allows you to buy a home, even if you don’t have a lot of funds. Still, there are ways of avoiding it. Making a Larger Down Payment If you don’t want to get PMI, you can make a down payment that is at least a fifth of the total … Read more

Your building management might need your moving company to file a certificate of insurance for moving (COI) to be able to can enter or exit an apartment or condo building. This is true regardless of whether you’re moving into or out of the property. In the past, requesting COI was once more common in higher-end properties. However, recently brownstones and smaller structures have been asked for certificates more often. When you start planning your move, you should inquire with the building administrator as to whether or not they need COI from the moving provider you want to use. Inquiring whether you require a COI before planning your relocation is recommended. This will guarantee that everything runs smoothly. The COI will … Read more

While in college, the majority of young people have plenty of stuff going on every day and plenty of academic challenges to get through along the way. In most cases, having nearly 100% of their time busy with studies, students rarely start thinking about their futures and financial stability. After all, they often don’t even have an opportunity to get a job at college. On the other side, due to the growing college costs and often tight budgets, more and more students start pondering how to gain financial literacy and freedom early on. The only question is how they can do it. Getting a job is one way to get closer to your financial goals. Of course, this can be … Read more

There are several reasons to consider buying property abroad. Having a second home in a part of the world you often frequent can provide you with a comfortable base to house yourself in rather than having to rely on hotels or other temporary accommodations. Real estate is also one of the largest asset classes many investors have in their portfolios and can reap considerable returns in the long term. With financial service providers offering the possibility of a mortgage for foreign nationals, the ability to purchase real estate abroad has never been easier. Whether you are looking to invest in a rental property, or would like somewhere overseas to call your home, this article has outlined some of the benefits … Read more