The Benefits of Using an Independent Insurance Agent

Obtaining an insurance policy can be a complicated process with all of the factors that are involved. You’ll need to choose the different benefits that are available and the amount of coverage that you want to have available. Here are a few advantages of using an independent insurance agent.

Speak to Licensed Experts

You can have peace of mind knowing that you’re making better decisions with the help of licensed experts that will be happy to provide you with their expertise. The experts will translate everything into layman’s terms to ensure that you understand what you agree to before signing your name on each document. They’ll work as your personal advisors that can understand your individual needs and what you can benefit from the most. read more

Five Fun Ways to Teach Kids to Handle Money

There is a saying that goes, “You reap what you saw”. Here some ways to teach kids how to handle their money wisely.

  1. Get them a coin bank

While young, the piggy bank is fun for kids. Encourage them to save money through coin or piggy banks. They can use it for the things they want. At a young age, they realize that it’s nice to get things through hard work of saving.

  1. Set a good example

Show some illustration of great men, who used their money wisely. Like how some people get rich through handling money carefully.

  1. Show them what is important.

When buying things, don’t let them just buy what they want. Teach them to differentiate the meaning of wants and needs. read more

Some Ideas on Easy Ways to Make Some Extra Cash

Lots of people, especially stay-at-home mothers, are looking for ways to make some extra cash with out getting a part-time or full-time job. They want to be able to take care of their at-home responsibilities and their family, but they also want to make some extra cash in order to contribute to the household income, save for a vacation, or pay for other things. No matter what your circumstances are, the creative ideas below can help you make a few extra dollars here and there.

Some individuals are just good at certain things. For example, they may be really good with mechanics, but they just fix things around their house. If you are good with mechanics, you may be able to turn this into a way for you to make some money. When a friend needs their oil changed, when their refrigerator is broken, or when another mechanical issue arises, you can offer your service for a few dollars. For example, if you have a neighbor who has a golf cart, you may be able to offer to replace the golf cart shocks. This will save them a lot of money and will allow you the ability to make some extra money. read more

3 Great Business Start Ups Any Mom Can Handle!

From time to time, mothers may find the need to add to the household income. Different situations could help to encourage this need for extra income, including high school graduations, the holiday season, or moving to a larger house. For a stay at home mom, it is much easier for her to launch her own start up than it would be for someone who is unable to leave their full time job. There are many wonderful start up options available.

Small Home Day Care

Currently, there are at-home day cares opening up all over the country. As people become more concerned about larger day cares and the adult to child ratio, they are migrating to smaller day cares so that their child gets more attention and care. In addition, they can choose an at-home day care that is only a few blocks away. As a mother, it will simply mean watching more children during the day. Simple networking and word of mouth will quickly fill the open spots. 5 children could bring in $500 or more per week, which could have a big impact on the home’s income. read more

How to Save Money in Your 40s

Is it time to reevaluate your finances? There’s no better time to now to make plans for the future, especially if you don’t yet feel like you have a firm grasp on your savings and finances. Considerations include your retirement, growing your wealth, saving for your children’s college tuition, and finding new ways to split-up your assets, including real estate investments, businesses, and property.

Before going into any investment ventures, make sure you’ve saved enough money for retirement. If necessary, start putting more of your income toward retirement before moving forward with your other financial goals. This will help increase the money you make from compound interest, too. By putting extra toward your retirement savings, you’ll catch up to where you should be. Then, if you want to, you can scale back. Keep in mind that there are professionals like Pete Briger who are willing to help people decide where to invest their money. read more

Book Review: I Wish They Taught Money in High School

For many years, Filipino families have been raising their children in the traditional way. Parents inculcate in their children’s mind the value of education and the importance of having a degree for the future. Our parents dreamed of us being professionals – doctors, engineers, teachers, accountants. But not many parents encourage their children to become entrepreneurs, investors and businessmen and make money on their own. Thus, many of us end up being overworked and living from paycheck to paycheck. read more