You may have noticed that learning to play the guitar has been on my list of 100 goals to complete before I die. Not only have I been taking guitar lessons from a teacher locally, but I have also really enjoyed the lessons that Nate Savage from GuitarLessons.com puts on his site and on YouTube. Recently Nate sent out an email to his newsletter subscribers (you can subscribe to the Money Q&A newsletter here) about meeting an incredible guitar player and one of his heroes that inspired him to strive to become a better guitar … [Read more...] about Ten Ways To Inspire Yourself To Save And Invest
For years car insurance companies have used your credit history in order to help them determine the likelihood that you will file a claim on your car insurance. According to studies like the one conducted by the industry group, the Insurance Information Institute, drivers with low credit scores tend to file 40% more insurance claims with their car insurance companies. It is estimated that those with poor credit scores can find themselves paying anywhere between 20% and 50% more for insurance than someone with better credit. How Much Does Bad … [Read more...] about Does Bad Credit Affect Car Insurance Premiums?
Many people mistakenly think that they do not need to create a will. It typically stems from the belief that you do not have enough assets to justify it, or you incorrectly assuming that your assets will pass to your spouse of loved ones. Each state is different as to who receives your property when you die without a will. If you want to ensure that your wishes are carried out, then you need to have a will in place. Getting a will does not have to be a long drawn out affair with lawyers like most people assume. Three Reasons You Need … [Read more...] about Why You Need To Create A Will To Protect Your Family
We all make mistakes in life, and that fact of life extends to our investments as well. We all make investing mistakes. I know that I have made quite a few over the course of the past decade. Whether you have withdrawn money from a retirement account early, not invested enough to capture your employer’s 401k matching contribution, or even not saved as much as you should have, the real question is what to do now. How do you recover from mistakes? Get Back Up on the Horse When you fall off a horse, you have to get right back up and try again, … [Read more...] about Five Ways To Recover From Your Investing Mistakes
Here is the next installment in our the Reader’s Questions Series which highlight questions emailed to me by you, the readers of Money Q&A. Be sure to find out at the end of this article how you can receive a free copy of Dave Ramsey’s book, The Total Money Makeover if your money question is chosen to be featured on the blog. If you're not familiar with Dave Ramsey's book, you should run right out and get it. It is one of my top ten best personal finance books that everyone should read. … [Read more...] about Reader’s Question: What To Invest In After The Company Match
I hate taking my car to the mechanic to get repairs. I always worry that I’m going to be overcharged for the repairs needed to fix my car. I have to admit that I am not mechanically inclined in the least little bit. My best friend and I tried to change my oil one time in high school, and we quickly gave up after accidentally dumping several quarts of oil on his parents’ driveway. Even if you are not knowledgeable about taking your car to the mechanic, there are several ways that you can save money on car repairs. If you educate yourself a … [Read more...] about Eight Easy Ways To Save Money On Car Repairs Right Now