Because they often result in a rush of expensive bills in a relatively short period, natural disasters or serious illnesses can have a negative effect on a person’s credit score, which can then drive up that person’s insurance rates.

However, officials in one Midwestern state are examining the possibility of reducing the effect of a reduced credit score on insurance rates. Iowa lawmakers are considering giving the state’s residents the option to contest increases in their insurance that result from certain hardships.

Through the law, companies that provide insurance will have to inform their customers when a lowered credit score leads to higher insurance premiums.

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Debt consolidation loan is a viable solution for you, if you are having multiple debts or debts that need you to pay interest at higher rates. By consolidating the debts you can significantly reduce the amount of interest that you will pay over the time. Debt consolidation also lets you transfer the loans to a new loan and benefit from lower rate of interest if you are having a fixed rate loan. For more benefits of the debt consolidation you need to take debt consolidation credit counselling from your debt consolidating company.

The debt consolidation credit counselling service is an effective way to know about the debt consolidation practices. The counsellor will discuss all the available options for you after considering your credit standing and requirements. During the consulting process you need to clarify all your doubts about the debt consolidation process and terms and conditions of the loan. Read full post…

Investor A invests $100 on the 5th of each month:

• On October 5, he bought stock XYZ at $5 per share.
• On November 5, XYZ stock was $ 5.5 per share.
• On December 5, XYZ stock was $ 6 per share.
• On January 5, XYZ stock was $6.5 per share
• On February 5, XYZ stock was $7 per share.

Investor B invests $100 on the 5th of each month:

• On October 5, she bought ABC stock at $5 per share
• On November 5, ABC stock was $ 4per share.
• On December 5, ABC stock was $ 3 per share.
• On January 5, ABC stock was $4 per share
• On February 5, ABC stock was $5 per share.

Would you rather be Investor B or Investor A?

A Solid Long Term Investment Strategy

Before giving the correct answer, I will explain what dollar cost averaging is: Investing a fixed amount of money on a regular schedule, regardless of stock price.

Most Americans implement dollar cost averaging in today’s market without knowing it.

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IRS Tax Debt Relief

As the name suggests, this is a type of tax debt reduction solution that enables those who are heavily burdened by tax debts to clear their debts through various means. A word of caution though- You might have been influenced by many advertisements proclaiming that getting tax debt help would wipe the slate clean of all your liabilities.

This is usually not the case as you will have to pay your debt albeit through a well-devised plan that enables tax debt reduction in manner that is extremely convenient for you.

Our Tax Debt Settlement Services

We act as a point of liaison between the IRS and You. We try and provide IRS tax debt relief by enabling the debt ridden tax payer to reconcile the debts for a percentage of the amount owed to the IRS. Read full post…

If it’s January, then it must be time to revisit New Year’s resolutions past and present. Eat better and exercise? So far, so good. Call mom weekly? Oops. Take care of your money? You knew that was coming.
Check out this countdown to help keep you on the road to saving in 2010:

Spend less than you earn. Saving part of every dollar’s the foundation of financial independence.

Take care of the things you have. You work hard for your possessions. Don’t make them disposable.

Make your money grow. It’s not enough to just have money in the bank. Put it someplace where it can grow.

Defend your credit worthiness. Good credit’s precious – pay bills on time and only borrow what you need.

Weigh credit card offers carefully. Do you really need another one? Y

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Here we go again. Almost one year to the day after our last major ice storm, we’re faced with another. I’m a lot better prepared this time and I’m glad I’m with my family this time!

Take a peek at some great posts and articles from the past week:

Judicial Watch has a list of the 2009 Top Ten Most Corrupt Politicians. Don’t worry, it has Democrats and Republicans as well as some surprises. It’s in alphabetical order too, so no one can claim the top spot alone.

Lynnae over at Being Frugal has a fever, Square Foot Gardening Fever! Seriously, few things give me more joy than working with my hands in a garden, learning to patiently wait on a harvest, then enjoying the sweet rewards of that work and patience.

FCN at Five Cent Nickel is learning to live his life without something he’s had for most of his adult life … he’s having to learn to live without a MORTGAGE!

Jason from Frugal Dad is writing a great series called Saving With Purpose. The first article

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On Thursday I had the pleasure to do a fun and informative interview with Mr. CC from Ask Mr. Credit Card about BudgetPulse.  He asked me all about the software and how it has helped all of our users, both domestically and internationally.  Coming from abroad, he loved the aspect that you could use any currency with the software, something he mentioned that many of his listeners would be interested in.  I also had a chance to talk about the new savings goals function as well.  We even traded our personal advice on budgeting and gave tips to beginners who are looking to begin.  It was a ton of fun and I would love to take part in another interview with him in the future.  You can read his post below as well as listen to the interview.

Interview with Mr. CC

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