When people buy a new vehicle, many times the focus is on negotiating the price and working the financing to get a monthly payment that fits in the budget. If the monthly payment of the new vehicle is the only thing considered when determining … [Read more...] about The Forgotten Question When Purchasing A Vehicle
As part of one of my periodic expense reviews, I noticed my mortgage payment included $170 for private mortgage insurance (PMI). I remember when we refinanced our home the mortgage agent telling me that eventually that would be removed from our … [Read more...] about What is Private Mortgage Insurance?
I didn't understand why the automobile insurance agent was telling me the amount of my deductible. The other driver hit me, and was clearly the cause of the accident. It didn't seem right that I would have to pay a penny to fix my car. I remembered … [Read more...] about When Am I Responsible For My Car Insurance Deductible?
Going through my list of bill payments that were required for the week, the thought occurred to me that we are all willing participants in one of the oldest financial scams in the books. Whether it be for our home, health, or automobiles, we all buy … [Read more...] about Is Insurance A Ponzi Scheme?
Sometimes it seems like a special degree is required to dissect and interpret today's ever increasing insurance policies. One might think they understand what's covered, and what's not or how to proceed with treatment to get the maximum medical … [Read more...] about A Simple Trick To Understanding Your Medical Insurance Policy
I love my Health Savings Account. If youâ€™re not clear on how they work, or how well they work, youâ€™re in luck as Iâ€™m willing to share my experiences with them as I need to use mine. Todayâ€™s post is my latest adventure in Health Savings … [Read more...] about Health Savings Account Awesomeness Example #2: Wisdom Teeth Extraction Edition