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4 Steps to Building a Personal Budget that Works

February 20, 2012


Right now, many of us are fighting to make it through the “I want it now” culture that tells us to spend today and worry about the consequences tomorrow. It’s just so easy to start living outside our means, hoping that eventually something will come through for us and help us get out from under a huge pile of debt that sometimes we get over our heads before we know what happened.

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What can Apple teach us about personal finance?

February 16, 2012

Apple is one of the most admired, wealthy, valuable and powerful companies in the world. They are absolutely at the top of their game – their products have created entirely new industries and changed the way business is done in personal computers, movies, music, and mobile phone service. Apple has put computers in people’s pockets (with the iPhone) and brought Star Trek-like technology to life (with the iPad).

When you look at such a big, influential company like Apple, it can be hard to imagine how this company’s success might impact your life and your finances. But if you look closer, there are many lessons that we can learn from Apple as we try to improve our own financial condition.

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New Year’s Resolutions for your Personal Finances

January 10, 2012

Every New Year is a time for reflection and renewal. Each January 1st presents us with a clean slate and a chance to make changes in our lives. This is why people make New Year’s Resolutions – whether it’s to lose weight, exercise more, improve their diet, get a new job, or tackle some long-term challenge that they’ve been delaying for too long.

If you want to make some changes in your personal finances, perhaps it’s time to consider making some New Year’s resolutions for how you relate to money.

Here are a few ideas to help make 2012 a more prosperous year:

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Keys to Financial Success that are Often Ignored

November 23, 2011

by Guest Poster, Lacey Cook

There are so many people writing books and publishing articles to tell others about how they can achieve financial success, but very few actually follow their advice.

This country is in an economic crisis, and too many people have no financial education what so ever. Many have bad habits that they learned from their parents, and they will continue to pass on these poor financial decision making habits to their children unless they do something to stop it. The following are a few guidelines that can help you achieve financial success by making small changes in your lifestyle.

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Quick Credit Fixes No Match for Common Sense

November 16, 2011

Improve your credit score in just 30 days!
Fast credit repair! Just $29!
Guaranteed 100% increase in your credit score!

Theses are just three of the ads that popped up in a Google search for “improve credit score.”

Over the last few years, as unemployment has risen and middle-income salaries have fallen, more and more people have begun falling behind in their credit card and mortgage payments. Some are facing possible bankruptcy, others foreclosure. Over time, those delinquent payments affect a person’s credit score, and thousands of companies have popped up – seemingly overnight – offering to help consumers restore their good credit.

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Do You Qualify for Foreclosure or Mortgage Help?

November 11, 2011
The housing and economic downturns of the past few years have certainly taken their toll. Across the country, millions of people have lost jobs, had their salaries significantly reduced, and watched helplessly as the values of their homes plummeted. The result is that many families owe more on their mortgages than their homes are worth. Millions have fallen behind on their payments and are facing foreclosure. According to the Obama Administration’s October Housing Scorecard, over 3 million mortgages were delinquent or seriously delinquent in the month of September. Over 70,000 received notices of foreclosure, and nearly 80,000 foreclosed properties were sold. There is help for people facing foreclosure, but how do you know if you qualify?In February, 2010, the Obama Administration created something called the Hardest Hit Fund. Its purpose was to provide assistance to families who were having trouble paying their mortgages and/or were at risk of being foreclosed on. The program is named “Hardest Hit” because it was intended to focus attention in those states that fared the worst in the economic and housing crises – in other words, those states with the highest unemployment, sharpest decline in home values, and highest instances of foreclosure.Eighteen states and the District of Columbia are included in the Hardest Hit program. Though the services offered vary by state, in general Hardest Hit programs offer both mortgage modification and payment assistance. Detailed information about the program is available via the U.S. Treasury Department’s web site.

Though thousands of homeowners are being helped by the Hardest Hit programs, it excludes a lot of people who are facing serious financial challenges. In an effort to help as many people as possible, the Obama Administration implemented a comprehensive program called Making Home Affordable, which includes several options for loan modifications. Each option has its own eligibility requirements, which you need to know if you’re planning to apply.

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Personal finance lessons from the NBA lockout

November 9, 2011
Professional basketball is on hiatus as the NBA lockout continues, with sputtering negotiations between the players and owners. The players are demanding what they see as a fair share of the revenues generated by their talents and hard work, while the owners are asking players to take a pay cut in order to correct what they feel are structural problems with the NBA business model.
Even though the NBA lockout is a dispute between millionaires and billionaires, whether or not you’re a basketball fan, there are several personal finance lessons here for all of us:
  • Maximize your peak earning years. The average NBA career lasts only a few years, and most players will never make this much money again in their lives. If the 2011 season gets cancelled and the NBA players miss out on a full season of basketball, those are millions of dollars that they’re never getting back. Most “regular” people who are not professional athletes hit their peak earning years during their 50s. This is when you’re at the peak of your career; you’re experienced, you might be a manager or supervisor, and you’re more valuable to your company than ever before. So if you’re in your peak earning years, it might not be the best time to lose a job or quit your job to start a business – the risks and opportunity costs are greater than ever before.

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The 1% and the 99%

November 1, 2011

There’s a lot of talk in the media about Occupy Wall Street and the 1% vs. the 99%. So how does this relate to life insurance and, more importantly, how does it relate to you and your wallets? Brian and Captain Core give you the run-down.

 

TRANSCRIPT:

Hi everyone; I’m Brian Macias from MyInsuranceExpert.com. And these days if you’re like me, you’re being bombarded with news about the 1% and 99%. And it really got me thinking; how does life insurance apply to the 1% and the 99%?

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Posted in LIFE INSURANCE INFO , PERSONAL FINANCE | 1 Comment »

Want to Write For Us? Pitch Us Your Stories!

October 20, 2011
Do you have tips and interesting stories that help people better manage their personal finances, live healthier, or learn more about life insurance? We want to hear from you! We’re happy to consider guest posts that follow these guidelines:
1. All blog posts must be original work, written by you and not previously published on another website.
2. You may add up to two links to additional, related content inside your article. These links must be to pages with editorial content (like other blog articles or videos) and should not be commercial in nature (i.e. no links to product pages, advertorials or commercial websites will be permitted inside of the article, unless they are absolutely integral for the blog post’s content and message). Including a few pictures, charts, or other graphics is a major bonus.
3. Please include a one to two sentence bio, which we will display below your blog post. You may include up to two links back to your website in this bio.
4. You are free to re-publish your content after a one month period.

5. We publish life insurance, personal finance, and healthy living content. Please read our recent blog posts to see what style we prefer and what topics we have recently covered. We’re also not opposed to other fun content that is loosely tied to our regular topics; just be sure to propose the topic to us first.

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Posted in HEALTHY LIVING , LIFE INSURANCE INFO , PERSONAL FINANCE , TRIBAL CULTURE | Comments Off

Save money, take advantage of Quizzle

August 26, 2011

Ask yourselves; do you want to save money on each of the various sectors of your home financing? If so, read on.

Here at MyInsuranceExpert.com we’d like to start having themed blog-post days. Today’s theme kicks off Family Fridays. By “family,” we are referring to the large network of companies to which MyInsuranceExpert.com belongs through our partnership with Rockbridge Growth Equity. That family includes Quicken Loans, Protect America, Quizzle, Fathead, The Cleveland Cavaliers, and other fantastic organizations. Each Friday, we’ll provide some insider information and stories regarding these companies. Pay attention to these brands; just like MyInsuranceExpert.com, they’re all innovators, and could provide services and products that help you save money!

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