Life insurance, as most people understand it, is insurance that your family claims when you die prematurely, due to an accident or unforeseen circumstances. This type of insurance covers the loss of your future earnings. These earnings could have paid a mortgage off, or catered to the wellbeing of dependents. However, life insurance isn’t just “death cover.” Life insurance has more than one narrow definition.
This is something we will all probably ask ourselves at some point. The thing is, nobody wants to fork out money unnecessarily, especially when budgets are tight and we have to watch our spending. You are already paying for a new car and its insurance, is it really worth adding another expense to your budget?
It seems the jury may finally be out on this age old debate, if findings of various studies is to be believed. The results is what many have been proclaiming for years- that women are the safest behind the steering.
Most teens cannot wait to get behind the steering wheel and out onto the road. Gone are the days of asking parents for lifts, or relying on friends who can drive. The freedom that comes with driving is insatiable and it is such a dampener to know that younger people often pay more on insurance, especially considering that you are just starting your life and probably not earning millions.
Car insurance is definitely not something you want to skimp on. Yet, those monthly instalments could mean very little if you are doing something that could void your insurance claim. It is important to be aware of the various factors that could lead to a claim being rejected.
Paying off credit card debt with another credit card may seem rather counterproductive. However, switching to a balance transfer credit card could be a good way of taking stock of finances, especially for small to medium business owners who may have already accumulated debt on high-interest credit cards.
Managing your personal loan correctly could go a long way in easing financial strains and freeing up cash flow during dry spells.
Property crowdfunding is becoming an increasingly viable option for Australians wanting to break into the market.
Online credit card fraud is on the rise and Australians are warned to be vigilant when making transactions. In the past year Australians have embraced the convenience of card payments, reportedly making over 8.1 billion transactions in a year. However, along with this comes an increase in card-related fraud.
If you have a credit card balance that’s out of control and only getting worse as time passes, a balance transfer to a different credit provider is a leg up – not a cure-all – for wiping the debt out. Many people believe transferring the balance to another card will fix the problem. It doesn’t happen in isolation, but you can make the most of your credit card balance transfer by following a few simple rules.