Category: Insurance

How Much Is Too Much For Homeowners Insurance?

How Much Is Too Much For Homeowners Insurance?

I recently got my bill in the mail from Travelers Insurance. I went with them because when I called up Geico to renew my auto insurance, they mentioned they cut a deal with these guys to give me the best deal on homeowners insurance. But did they? I own a fairly new house (it’s a [...]

Is There An Investing Age Gap?

I am 28 years old and I have limited, but learning comprehension of how investing works. I wasn’t taught my my parents, I wasn’t taught by my school, I wasn’t taught by my friends. I came into learning about it more forced than anything else. I went backwards from the standard: Date–>Marry–>Save/Invest–>House–>Child. I went Date–>Child–>Marry–>Child–>House–> [...]

Is Investing In Life Insurance Really “Investing”?

I have a $500,000 whole life insurance policy with Hartford Mutual that I pay $200/month to keep up. $8.50 goes to the administrative fee, $100 for the actual coverage itself and the remaining $90.00 goes into the mutual fund. I’ve had it for about 4 years now and I have almost $8,000 in the mutual [...]

Baby Boomer Without A Retirement Portfolio

My mother, bless her heart, has “some” idea of how investing works. She has a basic idea of how compound interest works, but has no $ to put to it. She makes a small income enough to make ends meet at the end of each month. She knows that she SHOULD invest, but doesn’t know [...]

How Much Insurance Should I Have On My House?

So in regards to my post How Much Is Too Much I have been back and forth with my possible new insurance agent, and she has offered me an interesting tidbit: “…regarding the home, currently you have it insured for $516,000.  Home insurance covers the dwelling itself and not the land because in the event [...]

Money Hacks Carnival #18 — The History Of Money!

So I did some deep undercover investigation for this weeks carnival digging back in time to bring you The History of Money! Did you know that China was the first to use paper money around the year 1000. It was made from the bar of mulberry trees. Leaves from these trees, you may recall, are [...]

A Book Review: High School Money by Don Silver – And Some Tips And Tricks With Your Money

It’s geared towards the younger crowd, but I’d have to say that I would have benefited from it when I was growing up. There are even a few tidbits that I took from the book that I enjoyed and certainly agreed with the book as a whole (including SenseToSave’s review)…

Net Worth Update May 9, 2008 [$120,697.64 (+3.55%)]

Net Worth Update May 9, 2008 [$120,697.64 (+3.55%)]

We’re looking up again this month – looks like the mutual funds are coming back a little bit this month. Both the wife and I had good 401k returns this month. The house dropped a bit, but that’s to be expected, but overall we’re looking up again.

A Day Of Readers Requests – Including Will Several New Car Loan Inquiries Hurt Your Credit Score? And Why Do You Not Disclosure Your Identity?

I haven’t done readers requests in a while because I haven’t had one good one that I think would take up an entire post. HOWEVER, I’ve had several small requests that I can wrap into one post. Inquisitive, interesting, intriguing and some even unusual…

Hanks Weekly Hangouts #27 (April 27, 2008)

The week had some good posts that saw some good traffic including demystifying the subprime crisis, dumping the National Income tax for a National Sale tax, and the “selling” of annuities trap. The sites that really got me inspired this week are: