Working as an insurance agent for one year taught me that people rarely understand their insurance policies. And I’ll admit, I used to be one of those people who didn’t really understand insurance either. I completely undervalued the importance of insurance and especially, liability limits. I’ve now seen first-hand how fast liability limits can be exhausted and the repercussions under insured motorists have had
Certificates of deposits, better known as CD’s, are an investment option that I’m pretty familiar with. Over the last several years I’ve helped my Grandma keep track of her finances and pitched in to help with the financial management of her businesses as well. She tells me what she wants done and I execute. And, she is a HUGE fan of CD’s. But why? Certificate
Oh shoot. I just realized today is Friday the 13th, 2013. Is that bad? Anyways, I thought I’d share some of my favorite blog posts from the week with you. Here are some posts I thought were great and that I think you’d like, too. Be sure to check them out! Matt @ Mom and Dad Money answers an important question: Should Young Investors Really
I’ve always loved (and was kind of addicted to) the HGTV shows about flipping houses. I was also always amazed about the insane amount of money some of these small homes cost and were then sold for. I was talking to a friend the other day and explaining to him my fascination with real estate and how little houses cost around here. He lived in
[The following is a guest post] When you are a homeowner, you will inevitably need a large sum of cash. This could be to do work on the house, to consolidate your debts, to take a much needed holiday, or a variety of other reasons. Borrowing money always seems like it will be a complicated and stressful process, but it does not have to be.
[Guest article] If you have your heart set on a rugged new Jeep or practical used Volvo, you’ll need to think about how to pay for it most effectively. For car buyers on a budget, it’s important to compare all financing options carefully to find the best rates. The out-of-pocket costs can vary significantly between buying a used car, buying a new car, or leasing
[The following is a guest post] When you decide that you want to sell your house, it can seem like a daunting process even after you have made the decision to take that step. It is a big decision to make and should be given lots of thought about why it is that you’re doing it, and if there is anything that you think you
Regardless of how well you’ve planned and prepared for the bumps in the road, there are times when financial emergencies seem overwhelming. However, there are techniques which can be employed to help make these difficult times a little less chaotic. Sit Down, and Think The very first step to take when you find yourself in a financial crisis is to turn off the panic button,
We would like to wish you a peaceful Thanksgiving holiday and the time to truly enjoy it with your friends and family. May you find much to be thankful for. Happy Thanksgiving! – The ELYM Team
It’s that time of year again. Time for everyone to go bananas about getting good deals on stuff they don’t need, just in time for Christmas! I hate the overall focus on buying, buying, buying, this time of year. While we’ve picked up a few things that we NEEDED during previous Black Fridays, overall we try to avoid the whole thing each year. This year
