Jan 23

Although it may be tempting, homeowners shouldn’t rely on cutting home insurance costs to save money- it could come back to bite you. Maintaining the right coverage could end up saving you thousands of dollars in the long run.

You’ve heard it over and over, if you choose an insurance company based on the lowest price, you’ll eventually lose your savings when it’s time for your insurance company to come through for you. Never select an insurance company based on price alone.

It is important to conduct a home insurance comparison based on prices and features, but you should choose a company with competitive prices that is also financially sound and provides good customer service. Check t

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Tags: Home Insurance, Money

Jan 21

Between a tight economy and the demands placed on the sandwich generation (that group who finds themselves both helping to take care of their aging parents while continuing to raise their own children to adulthood), more and more families find themselves living in multi-generational households.  According to Money Magazine, “Roughly 16% of the population is living in a house with at least two adult generations.”  This is the “highest level in 50 years.”

While Americans don’t typically embrace this living arrangement, it is common for many Asian and Hispanic families.  My husband is from Japan, and his paternal grandparents lived with his family until they died.  My husband’s sister has a home right next door to their parents that his parents built so she could care for them in their old age.

My own family had a modified multi-generational arrangement.  My grandparents lived in a 5th wheel trailer parked right next to our house from May until October, after which time they lived in Florida for the winter.  While I still think fondly on the time I got to spend with my grandparents and the benefits of having them right next door, multi-generational living must be considered carefully.  While it offers plenty of benefits, there are real downsides that might make the arrangement uncomfortable and inconvenient for others.

Before agreeing to a multi-generational living arrangement, consider the following:

Do you and your parents get along?  This seems obvious, but many people enter this arrangement falsely thinking they will be able to smooth over any difficulties.   Living with your parents again can bring up some issues you and your parents had when you were younger.   Sharing a space will take some getting used to and can naturally cause tensions until everyone gets used to the arrangement.  Once you make this type of arrangement it tends to be permanent, so make sure you can live with your parents and their idiosyncrasies and they, yours.

Are both you and your partner agreeable to this?  Even if you get along with your parents and can comfortably live with them, can your spouse?  You and your spouse must be in complete agreement about this living arrangement to make it work.  Unfortunately, having parents move in has caused tension in more than one marriage.

How much space do you need?  Some people have no problem sharing living space with their parents.  The parents simply take over a bedroom and share all other areas of the house.  For many, though, this arrangement is too cozy.  If you and your parents each need your space, consider living in a house with an in-law suite so your parents have their own place to retreat.  Some make it work by building an entire small apartment for their parents above the garage, for instance.  Just keep in mind that as your parents age they may be less likely to be able to navigate steps.

While there can be significant drawbacks to multi-generational living, there are also numerous benefits to multi-generational living.

  • Your kids have immediate access to their grandparents as they do to your children.  Grandma and Grandpa may be agreeable to a night of babysitting so you and your spouse can have a night out.  In addition, living in such close

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Jan 21

What you can expect prior to and after receiving an approval for poor credit car loans

We understand

Car shoppers applying for terrible credit auto loans often dont know what to expect once theyve submitted a credit application.

We understand where theyre coming from because since 1992 weve participated in bad credit auto sales here at Auto Credit Express. We even went so far as to create a website so credit-challenged car buyers can research topics like certified used cars and bankruptcy as well as todays issue, understanding the bad credit auto loan process.

Applying

When you apply for a bad credit car loan, youll notice that you havent chosen a vehicle yet.

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Tags: Auto Loans, Credit

Jan 13

DEAR READER

 

JANUARY 2012 | VOL. 26 NO. 1

 

Europe may be the center of attention at the start of the new year, but it is certainly not the only area of the world that worries economists and policymakers. The annual year-end roundup of economic forecasts shows a nearly unanimous expectation that Europe will be in recession as the year begins, while in the US growth will be restrained, but sufficient to avoid a double dip. At the same time, the consensus is for tighter fiscal policies in Europe and the US, and monetary policy on hold or easing further on a global basis.

 

The emerging markets, although still growing briskly, are clearly negatively affected by the Western slowdown, but no doubt will continue to outpace the rest of the world in 2012.

 

Uncertainty is the prevailing sentiment in the financial markets, and most risks are considered to be on the downside. In

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Jan 13

“You give but little when you give of your possessions. It is when you give of yourself that you truly give.” ~Kahlil Gibran

Come December and what’s the first word that comes to your mind? Christmas! Well, the first word that comes to my mind is consumerism! Every year with the inundation of malls and advertisements, we seem to buy more stuff, waste even more and pile up on consumer debt. This Christmas do yourself a favor, stop this cycle, and let your love shine through soulful, handmade Christmas gifts for your friends and family and see how they are relished.

  1. Recipes. We’ve all got at least one special recipe that everyone seems to enjoy. Make use of your baking and culinary skills and give tasty homemade Christmas gifts. Fill up

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