Personal liability insurance protects your assets by paying claims and damages in case you injure other people or property. It’s very different from life insurance protection. The good news is that if you have automobile, renters or homeowner’s insurance, you already have some liability coverage. Usually, the liability coverage that comes along with these policies […]
Can You Get Rich Working for Someone Else?
Very few people get rich working for someone else. Those who do are: The tiny fraction of actors who star in movies; Pro athletes in their twenties and thirties; and Partners in law firms, assuming you don’t count their divorces and cocaine habits. Even United States senators don’t get rich off their $174,000 annual salaries. […]
How a Mortgage Works, in Plain English
If you are just about ready to buy your first home, you will be more confident if you understand how a mortgage works. The good news is that it’s not all that complicated. A Mortgage Is a Loan A mortgage is just a loan that you promise to repay. These loans are usually very large, […]
How I Make Cheap International Calls from My Cell Phone
I recently learned how to make free and (almost free calls) to just about anywhere in the world using my cell phone. I’m not talking about Skype. Even though Skype has mobile apps, the calls are still expensive (especially if you call another mobile phone). The solution? A company called Rebtel. Using this company I’m […]
How to Avoid 401k Fraud
You owe it to yourself to keep safe from 401k fraud. If you’ve been saving money for retirement with your employer’s 401k plan, you might ask yourself if it will be there when you want to make withdrawals. No…I’m not talking about investment returns. I’m talking about investment safety from 401k and employer fraud. I […]
How to Invest $5,000
Do you know how to invest $5,000? If not, you can ask yourself a few questions and you’ll know how exactly how to invest that money. You can use these same questions to decide how to invest $500,000 too. Please understand that investment decisions are rarely made just based on returns. You also have to […]