Dec 30

Set and maintain money management guidelines to achieve your goals.

Have you resisted establishing a household budget because it seems too rigid? While you don’t have to track every dime, it’s important to know where your money is going so you can make concrete plans to reach your short- or long-term financial goals.

Start With the Basics
The premise for budgeting is simple. You should be earning more than you spend. To start, write down your take-home pay and expenses for one month in a small notebook that you carry with you. No expense is too small or insignificant; include your morning coffee, parking fees and lunch. Then, start looking at costs that you can avoid or replace with less expensive options.

If you have a partner or multiple bank accounts, tracking income and expenses can be challenging. You

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Tags: Budget, Household Budget

Dec 28

The Pennsylvania Department of Transportation (PENNDOT) is adopting a new security features on drivers licenses it issues. The measure is a high-resolution hologram designed to suppress color so that it appears to be black or white, depending on how it is held.

A drivers license or identification card has always been a trusted source for establishing a persons true identity, said PennDOT Secretary Barry Schoch. We are steadfast in our resolve to combat counterfeit forms of identification, which ultimately jeopardize lives and hold great potential for harm to our national security.

The contrast to other holograms, which are generally colorful and less consistently visible in environments with varied lighting, is meant to ease the detection of false licenses and forgeries.

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Tags: Feature, Security Feature

Dec 16

When you have a whole life cover policy from professional provider sometimes it’s hard to keep up the payments. If you decide that you want a policy that’s cheaper but still covers you for a portion of your life a term life insurance policy maybe a better option for you. Following these instructions, you should be able to convert your policy:

Collect, all of your policy details together and make sure you have all of the documentation at hand, make sure you read through to check charges that may be put in place for transferring the policy.

Meet with your insurance agent so they can talk to you about your options with the transfer. Take all of your records with you so they can look through them and be well informed about exactly what you need to do.

Your agent will likely give you brochures with information about the different policies. Ta Read more…

Tags: Life Insurance

Dec 12

The price of motor insurance is to be officially investigated by the Office of Fair Trading after it found premiums rose by 9% in the first three quarters of 2011.

The announcement follows a call for evidence made by the watchdog in September, when it said it wanted to establish if there were any competition or consumer issues contributing to a continued rise in insurance costs. Prior to price increases this year it said private motor insurance premiums paid in the UK rose by about 12% between 2009 and 2010.

Its investigation will now focus specifically on the provision of third-party vehicle repairs and the cost of replacement vehicles hired to drivers involved in accidents that are not their fault.

“Our concerns relate to the provision of third-party vehicle repairs and credit hire replacement vehicles to claimants, where we suspect companies may be competing to extract money from each other rather than keeping premiums as low as possible and providing car owners with value for money,” said Sonya Branch, OFT senior director of services, infrastructure and public markets.

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Tags: Insurance, Motor Insurance

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