Consider These 7 Tips When Shopping for Automobile Insurance

The following is a guest post.

Many families are struggling in today’s economy, and your family may very well be one of them. If you are at the end of your rope as you try to shave even more dollars off your family’s budget, take a moment to look at your insurance line item. Were you shocked when you saw the monthly total? Many people are. Insurance coverage is expensive, but it is also necessary. If you have had the same automobile policy for years, it’s time to see about cutting the cost using these seven tips.

1. Shop Around

Even if you are happy with your automobile insurance company and the coverage it provides, shop around. According to the Insurance Information Institute, “prices differ from company to company,” and it may be time to say “Sayonara” to your old carrier. Find out who covers your family, friends, and work colleagues’ automobiles, and contact the companies to see if they can give you better rates.

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Hacks to Lower Your Life Insurance Policy and Save You a Lot of Money

The following is a guest post by Albert Davis.

Life insurance rates in Canada are trending upward, and are likely to continue increasing for quite some time. Yet there is a shift in the insurance industry that is moving away from providing a flat rate for all customers, to delivering rates based on lifestyle and health choices. In this post we look at two examples of how health insurance could be lowered by following a healthy lifestyle, which in turn will save you a lot of money.

Special correspondent Preet Banerhee, in his article for The Globe and Mail, provided a sample breakdown of the premiums that a healthy, non-smoking 25-year-old must pay for a 10-year term with a face value of $500,000. In Banerhee’s example the individual automatically renews the insurance after every 10 years, which will mean that his monthly premiums are as follows:

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7 Ways People in Their 30s Can Prepare for Retirement

The following is a guest post

By the time you reach your 30s, you should have already gotten a head start toward saving for retirement and for your children’s future. However, life doesn’t always happen as planned, especially when children enter the picture, our employment situation changes, or we’re hit with unexpected medical bills.

Here are eight steps 30-year-olds can take to better their future.

Determine what your ideal retirement looks like

The key to saving for retirement is steadily putting away money, cutting down on unnecessary costs, creating a sound investment plan, and getting the most out of your paycheck and benefits. But the first step any couple or individual in their 30s needs to take is determining what their ideal retirement looks like.

Would you like to live in a wealthy community, travel a bit and even help your children and grandchildren out? Make sure you plan accordingly. It’s no secret that you can’t rely on Social Security to support you through a comfortable retirement. In fact, Social Security benefits will only serve as padding to a well-planned retirement fund that has grown over the years.

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Investing in Weedstocks to Reach Financial Independence

The following is a guest post from Save Stacks

There are many routes to financial independence. The average Joe works at his job for 30 years and ends up with a nice fat pension. Most people reading this blog are taking a different approach, to limit time in the work force. The most common methods are usually dividend investing or real estate to reach FI.  I’ve gone on a completely different path, investing in the newly forming MJ industry.

Start of My FI Journey

I started my FI journey like others, stumbling across a blog like this one. You end up catching the bug, thinking there is a different way of life than being a cubicle slave.

I was on the verge of buying a $70,000 truck, luckily I was saved just before making that mistake.  Instead I started buying my company stock options, which pay out a decent dividend. I was now obsessed with getting more dividend income.

Dividend stocks are awesome, paying you 5% per month and also gaining value at the same time. A lot of wealth has been generated from dividend stocks.  Kevin O’Leary from the Shark Tank only buys dividend paying stocks.

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5 Reasons Why Car Leasing is Better than Buying a New Car

The following is a guest post

Buying a brand-new car and getting a car lease are two totally different things, and both have their own pros and cons. There are a lot of things to consider, depending on your needs and wants. It’s a tough call, and you definitely want to make sure that you will make the right choice.

Car leasing has always been a popular choice for people who wants a car that they can use for a certain amount of time. This is for the people who doesn’t want a huge responsibility on their shoulders. Leasing was believed to be meant for corporate customers, but that was way back. Now, almost every car company offers car leasing to students and families.

Below are some of the reasons why car leasing can be a better choice than going all out and buying a new car.

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