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Just One Ticket Can Raise Your Car Insurance Premiums

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Make sure you follow the rules of the road this Summer! It seems that just one ticket could be enough for your auto insurance company to decide to raise the rate of your premiums. Be careful out there! No one wants to be pulled over and issued a ticket by a police officer. This situation is always stressful. It can also be expensive! You could end up having to pay the full cost of the ticket. That one ticket could also, at least in some cases, cause your auto insurance company to raise the cost of your premiums. A traffic … Continue reading →

Are You Hiding From Your Finances?

One sure way to get into or stay caught up in a financial mess is called the “ostrich approach”. Ostriches are pretty cool birds, but they are known for sticking their heads in the sand when confronted with danger. In case you are curious, ostriches do not really stick their heads in the sand – that is myth which has been perpetuated through time. They do lie down and play dead when confronted with something that they feel they can not outrun. The “ostrich approach” is still an appropriate analogy for what not to do about messy financial situations. Some … Continue reading →

Things That Could Affect Your Credit Score

Keeping your credit score in good shape is as easy as carrying as little debt as you can and paying your bills on time, right? While most of the time those two simple rules – simple to understand but not always simple to execute – will keep your score at its best, there are some things that you may not be aware of that could be making your credit score lower than it could be. There are things that most people know will affect their credit score such as applying for loans and credit cards, but there are other things … Continue reading →

High Credit Scores Mean Lower Car Insurance Premiums

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Could your credit score affect the cost of your car insurance premium? A study finds that it actually can. Those that have high credit scores end up being charged less money on their auto insurance premiums than people who have average, or bad credit. There is some debate as to whether a person’s credit score has anything to do with how good or bad the person is at driving. In some states, (like California and Massachusetts), it is illegal for insurance companies to check a potential customer’s credit scores before giving them a quote for auto insurance. However, at this … Continue reading →

How Brain Injuries Can Affect Your Money

I was in a car accident back in March and sustained a concussion in the left quadrant of my brain. That’s right … the left side. The side that controls logic, reasoning, ability to do math, and consequently, how you handle money. I’ve always been the bill-payer in our family. I have a handy-dandy chart, I know when everything is due, and on payday, I sit down and pay all the bills. This has been my routine since I got married. Come rain, come shine … the bills are paid on payday. And yet, for some reason, two months ago … Continue reading →

Credit Scores and Reports

Have you requested your credit report and score recently? If you did, you may have noticed a separate report that lists some information about your score. This accompanying report is as important as the score itself, so pay close attention to it. Most credit reporting agencies will provide you a separate statement in addition to your actual credit score. This statement is intended to provide you valuable information about why your score is what it is. While this statement will help you better understand your report and score, there are a few things to keep in mind. Firstly, no one … Continue reading →