Archive for the ‘Personal Finance’ Category

Renting your second home? Save on insurance!

Monday, June 16th, 2008

If you rent out your vacation home, you will probably have to pay 20% over the cost of typical second-home insurance. That's caused by the fact you'll be spending there even less time than most second-home owners and insurance companies see your house is at even higher risk. Moreover, they ...

Why house purchase is a good investment

Wednesday, May 14th, 2008

The Best Investment As a typically general rule, homes appreciate about 4 or 5 percent a year. Some years will be more, some less. The figure will differ depending on neighborhood and region. 5% may not seem like that much at first. Stocks might appreciate much more, and you could easily earn ...

When is Debt Real Debt

Friday, May 2nd, 2008

Let’s assume that you have a sizeable savings account and have gathered $2,000 of your savings for a new TV. You go to the store and discover that the TV you want to buy and the total comes to right at $2,000. You are about to pay cash when you ...

3 Ways to Beat the Financial System

Friday, April 11th, 2008

Financial companies try to make money out of us. And very often they are successful. This means we need to be aware of their aims; we have to bear in mind, that to save ourselves money we must see through their sales techniques, small print and things they would rather ...

Timing is of the essence when you buy a house

Tuesday, March 25th, 2008

Timing Your Purchase to the Market Cycle One problem when you try to time your purchase with the business cycle is that even experts have difficulties with properly predicting the future economy. Even when they can, the real estate market doesn’t have to be aligned with the stock market or the ...

The Business Cycle and Buying a Home

Sunday, March 9th, 2008

Recession and Expansion Sometimes the economy is brisk and everybody feels confident about his or her prospects for the future. Therefore, they tend to spend money. People eat out more, buy new cars, and they purchase new houses. But ultimately, for one reason or another, the economy slows down. Companies lay off ...

5 Tips To Get A Better Credit Rating Score

Sunday, February 17th, 2008

A good credit rating is crucial to being able to get loans and mortgages. It is probably even more important nowadays, when lenders became suspicious of people with bad credit histories due to the credit crunch. Below we give you some hints to improve your Credit Rating 1. Check Your Credit ...

Surviving a House Price Crash

Wednesday, January 23rd, 2008

Decreasing house prices surely create no shortage of newspaper headlines. Although a number of these headlines may seem unnecessarily catastrophic, falling house prices are not really the end of the world. Actually, falling house prices can be advantageous to some people. Who Benefits from Falling House prices? First time buyers. Currently ...