Guest Contributor on Money Questions and Answers Blog

Business Liability And Why It Is Important For Your Finances

business liability insurance Although upsetting and inconvenient at times, it is the undeniable and unavoidable truth that everyone makes mistakes; after all, we are only human. As a business owner, it can be more common than one would like to admit that unintentional accidents can and do happy and sometimes these accidents lead to injuries. Almost anyone who has been injured (physically and/or mentally) or suffered financially can file a claim against you, your company or your employees if said injury occurred in relation to your company. Without being able to predict such an incident it, is imperative to protect not only your employees and yourself as the owner, but the company in entirety.

So, how do you protect your business from such disheartening and troublesome incidents? Business liability insurance can and will help you and your business get through any type of situation, this form of insurance covers legal defense costs as well as any damages you may be obligated to pay in such an event. With a wide range of policies that are designed with your specific needs in mind, it is a matter of fact that the appropriate business liability insurance plan is out there to protect your business and yourself.

11 Ways How to Easily Save Money in College

by Guest Contributor

As a college student, finding ways to save money while in college poses a great challenge. It needs someone with self-control and discipline to achieve this. 11 Ways to Save Money while in College is a simple and elaborate guide to the success of saving money while in college. 11 Ways How to Easily Save Money in College One might be tempted along the way, but setting your sight on the ultimate gains must be the major goal. To achieve one’s goal, 11 Ways to Save Money while in College must act as a guide. The 11 ways are as follows: Creating a Budget Creating a budget is the first step in saving money in college. Maintaining a strict budget … Read more

Infographic: Bear vs. Bull Infographic. What’s Next For Gold?

by Guest Contributor

What’s next for gold prices? Are you a bull or a bear about gold’s future? There are a lot of reasons to be positive or negative about the future of the price of gold. And don’t forget about inflation. Inflation plays a big role in the price of gold for investors. Gold prices gained about 9% in 2013 and inflation was next to nothing. If you were a bull on gold at the start of last year, that big move higher must have been great news. Add that momentum into this year’s forwards looking forecasts and many analysts believe we could see gold prices skyrocket. They’re forecasting gains as high as 40% next year! Now, if next year turns out … Read more

Why Are Younger Workers More Interested In Saving For Retirement?

by Guest Contributor

pension The current financial climate has brought plenty of uncertainty with it for workers young and old.

As incomes are being squeezed by high inflation rates and reluctance on the part of some bosses to raise wages in line with inflation, saving for retirement and the future might not seem like an option for many workers; especially those who are still saddled with student debts.

However, as a survey conducted by the National Association for Pension Funds revealed, younger workers who might be a long way from paying off debts accumulated while at university are more willing than their older peers. Surprisingly, a healthy 53% of 25 to 34-year-old workers said they planned to put some money in their pension fund over the course of 2013.

Youth trumps experience saving for retirement

While more than half of young workers said they planned on saving for retirement and the future, the same can’t be said of older workers. A disappointing 26% of workers between the ages of 35 and 44 said that they were willing to save for their pension at some point this year. The average figure for all workers stood at 38%, which equates to a disappointing less than four out of 10 people in employment.

Need vs Want – How to Shop Sensibly and Stop Impulse Spending

by Guest Contributor

Are you an impulse shopper?Is it a need vs want? If you buy things you didn’t set out to buy, and do so on a fairly regular basis, it’s likely that you are.

Everyone has the odd impulse purchase every now and again, but if you’re doing it all the time and using your credit cards to make purchases, then you could have a bit of a problem. It’s time to cut down, and the way to do this is to distinguish between needing something and simply wanting it.

There’s no getting away from the fact that we live in a consumer culture. People like to buy things, and shopping can give many of us a bit of a high, which is why shopping is often called ‘retail therapy’.

However, most things that we buy aren’t things that we actually need, in the true sense of really needing something, because the things we crucially need to survive are things like food, medicine, a roof over our heads etc.

To cut down your spending, you don’t need to do away with everything but the basic things you need to survive. You just need to know the difference between purchases that are useful (i.e. a warm coat in winter if you don’t have one) and purchases that are simply frivolous (i.e. a new purse when you already have a closet full of perfectly serviceable purses).

Need vs Want – How to Shop Sensibly

Switching Business Gas Tariffs: It’s Easier than It Looks

by Guest Contributor

Money mistakes can add up Whether you’re a domestic or commercial customer, keeping an eye on your energy gas tariffs is imperative if you want to pay the least you can for your energy use. Comparing suppliers is often much easier than you may expect, whether you’re comparing for home or business gas. In fact, while many people may think that switching business gas would be an arduous task that requires a lot of hoops to be jumped through, it’s actually much easier than that.

If you have been doing your research and you have found that the supplier you currently receive your energy from isn’t the best deal for you circumstances, taking the first step and purchasing a new deal online is all you need to do. You will have a 9-day cooling-off period anyway, should you change your mind, but if you decide to continue, the switching process couldn’t be simpler.