4. Medicines, medical tests and examinations and emergency care.
Out-of-pocket insurance can be extremely expensive, especially if you are unemployed (or underemployed, for that matter). However, getting a mammogram if you have a family history of breast cancer or taking the drops if you have glaucoma should be considered non-negotiable. Ditto for birth control - I assure you that children are more expensive than contraception.
Social media popular figure in real estate away this year, after days of posting on Facebook about how she was sick, his friends later admitted that she was trying to avoid a doctor's visit because she had no health insurance. Even without insurance, emergency care and many health posts even the audience will see if you are sick on a sliding scale or sometimes for free or for a payment arrangement. Do not risk your health - or your life.
5. bald tires and bad brakes.
Many of these "must pays" are items that can evolve to the astronomical costs or cause a health hazard if not paid. bald tires and bad brakes fall into both categories, both causing car accidents with the potential for injury, property damage and liability they cause. The National Highway Traffic Safety Administration (NHTSA) offers tips for determining if your tires are not safe in his pamphlet Tire Safety: Everything Rides On It, you can meet the safety standards of these materials brake Brake Safety Awareness, here.
6. Roadside assistance service.
Depending on where you live, the annual fee for services such as the Automobile Association of America to run right around the same as the cost of having your car towed 10 miles in some places, much less than one trailer in others. But a roadside assistance service will cover you all year, though they often require "tow limits" on the miles you cover and the number of trailers will cover a year. Be aware that some car manufacturers, insurers and auto programs credit card also offers a roadside assistance feature, so if you're looking to cut costs and still cover up, investigate whether you might already be covered.
Being stranded on the roadside is dangerous and unwise - especially if you're caught without a room by credit card or have your car towed. "Abandoned" public cars tow ends in meters, where you can accumulate hundreds of dollars in storage costs per day.
7. Owners Association (HOA) dues.
An increase in defaults HOA epidemic was another side effect of the recession, and has a dramatic impact on the quality of all the 'owners' of a condominium living and equity. When over 15% of units in a building or complex are behind on their debts, mortgage lenders stop lending to new buyers who want to buy units. That quickly stops all cash buyers, but to buy units and can quickly cause values to fall and arrested the owners of the unit to lose their homes to foreclosure.
If this is not enough to make you want to pay your HOA dues, here's an even more compelling reason: HOAs have the power to foreclose on your house and sell it at auction if your debts falling seriously behind.
8. Property taxes.
County tax assessors also have the right to foreclose on homes that are seriously delinquent on their property taxes, although up to five years of non-payments in many states.
Sunday, October 31, 2010
Monday, October 25, 2010
8 things you should pay for - no matter what [chapter1]
Tough times for making hard choices - especially when it comes to prioritize which bills get paid, when what you have is not enough to cover all your costs. But there are some accounts up to you to keep on top of the list. Tennessee One owner found out the hard way this month when his house caught fire and firefighters arrived.
All he could do was stand there and watch as their home burned to the ground - with their pets inside. The owner lived outside the city limits and had "forgotten" to pay a service fee $ 75 annual fire, which would have earned him the services of the Fire Department, in what has been dubbed the "pay for" spray "of agreement.
This presents an extremely bizarre, but also serves as a serious reminder of the disastrous results that can arise from non-payment of various expenses criticism. We're not talking about a ding on your credit report here - there are eight items that, if unpaid, may evolve into a world of pain for you and your family.
1. Home and risk of automobile insurance.
As you discovered in Tennessee, the consequences of not paying for fire protection may be severe. Most Americans live in areas where firefighters will do their best to extinguish a fire in your home, if called, no matter what. But what happens if you have a fire, but the risk of the insurance has expired? The cost of rebuilding a house or even repairing damage caused by water and smoke from a relatively minor fire can be astronomical, and frankly prohibitive without insurance coverage.
If you have a mortgage, let your insurance lapse will simply make their mortgage company to buy a policy that covers you, not you, and costs several times as much as his original contract. (Rest assured, the mortgage company will charge you.) Your lender may also impose an "account of learning", where you will be required to pay taxes and insurance rates for them monthly, instead of the payment terms more favorable than those can get from the county tax assessor of property owners and insurance companies.
Car insurance covers for a variety of things you can not predict, from accidents with the car being stolen altogether. Plus, it also protects you from their fellow citizens, that cause injuries when his insurance expired.
2. Life insurance (if you have dependents).
If you are a breadwinner for his family, it behooves you to maintain life insurance for those who depend on you not left in poverty if you pass. If you can not afford life, consider a term policy until your income recovers from recession. If even this is a fight, check out whether your employer or credit union offers a group policy at a discounted rate.
3. Utilities.
Lest you scoff that this is a no-brainer, hear this: utility shut-offs for nonpayment skyrocketed during this recession is not so great. While there are no good national state utilities, and regional numbers reported annual increases of up to 68 % from 2008 to 2009, the number of families who lost power and gas, because he could not pay the bill!
"Energy poverty" as it is called, can be deadly in areas with cold winters. When families can not heat their homes with electricity and gas, they become desperate and turn to gas and kerosene heaters, fires and heat - can also be lighting their homes with candles at the same time. Carbon monoxide poisoning and house fires from unsafe heating in homes without utilities killed eight people in Detroit - only from January to March this year!
And even if you live in a more temperate climate, living paycheck to paycheck (or check-check unemployment unemployment) that you do to have utilities disconnected several times, companies can start imposing huge deposits of reconnection, which makes it difficult for you to restore the service. If times are tough, that we know that most Americans do utilities offer programs that reduce or eliminate the utility costs for those who can document an difficulty of income.
All he could do was stand there and watch as their home burned to the ground - with their pets inside. The owner lived outside the city limits and had "forgotten" to pay a service fee $ 75 annual fire, which would have earned him the services of the Fire Department, in what has been dubbed the "pay for" spray "of agreement.
This presents an extremely bizarre, but also serves as a serious reminder of the disastrous results that can arise from non-payment of various expenses criticism. We're not talking about a ding on your credit report here - there are eight items that, if unpaid, may evolve into a world of pain for you and your family.
1. Home and risk of automobile insurance.
As you discovered in Tennessee, the consequences of not paying for fire protection may be severe. Most Americans live in areas where firefighters will do their best to extinguish a fire in your home, if called, no matter what. But what happens if you have a fire, but the risk of the insurance has expired? The cost of rebuilding a house or even repairing damage caused by water and smoke from a relatively minor fire can be astronomical, and frankly prohibitive without insurance coverage.
If you have a mortgage, let your insurance lapse will simply make their mortgage company to buy a policy that covers you, not you, and costs several times as much as his original contract. (Rest assured, the mortgage company will charge you.) Your lender may also impose an "account of learning", where you will be required to pay taxes and insurance rates for them monthly, instead of the payment terms more favorable than those can get from the county tax assessor of property owners and insurance companies.
Car insurance covers for a variety of things you can not predict, from accidents with the car being stolen altogether. Plus, it also protects you from their fellow citizens, that cause injuries when his insurance expired.
2. Life insurance (if you have dependents).
If you are a breadwinner for his family, it behooves you to maintain life insurance for those who depend on you not left in poverty if you pass. If you can not afford life, consider a term policy until your income recovers from recession. If even this is a fight, check out whether your employer or credit union offers a group policy at a discounted rate.
3. Utilities.
Lest you scoff that this is a no-brainer, hear this: utility shut-offs for nonpayment skyrocketed during this recession is not so great. While there are no good national state utilities, and regional numbers reported annual increases of up to 68 % from 2008 to 2009, the number of families who lost power and gas, because he could not pay the bill!
"Energy poverty" as it is called, can be deadly in areas with cold winters. When families can not heat their homes with electricity and gas, they become desperate and turn to gas and kerosene heaters, fires and heat - can also be lighting their homes with candles at the same time. Carbon monoxide poisoning and house fires from unsafe heating in homes without utilities killed eight people in Detroit - only from January to March this year!
And even if you live in a more temperate climate, living paycheck to paycheck (or check-check unemployment unemployment) that you do to have utilities disconnected several times, companies can start imposing huge deposits of reconnection, which makes it difficult for you to restore the service. If times are tough, that we know that most Americans do utilities offer programs that reduce or eliminate the utility costs for those who can document an difficulty of income.
Monday, October 11, 2010
7 secrets to a richer retirement #7 Protect the future you
As the age of your brain undergoes subtle changes that can affect how you manage money. For example, you'll probably become more optimistic - a phenomenon known as positive effect.
In hunter-gatherer days, when I got older, they no longer were called to pick up a spear and defend the tribe. "You need not be so focused on everything that could go wrong," says Laura Carstensen, director of the Stanford Center on Longevity.
Hey, what's wrong with a little optimism? That's one reason older tend to be happier than younger people, according to recent studies. But the positive effect can also make you 2030 - or perhaps their parents now - less attuned to the threats and therefore more vulnerable to scammers.
It's not that older people find the idea of losing money easier, but they are more likely to think, "Good boy would never cheat me."
The most serious risk, of course, is an absolute decline in mental abilities. New studies show that the decline is more common than you may realize. After 60 years, the rate of dementia doubles every five years. By the time they reach their mid-eighties, half the population has some cognitive impairment.
However, the elderly are increasingly managing their portfolios on their own - a fact that helped make the cognitive decline a hot topic among behavioral scientists. Addressing threats now, while you're at the peak of his powers, is a good thing, says Harvard economics professor David Laibson: That means you can act today to protect yourself tomorrow.
Now put these findings into action:
Stay active
The researchers have not yet found a recipe for delaying cognitive decline. But so far, studies indicate that working out your body and your brain - through regular walks, reading books, and solving puzzles, for example - can help.
Simplify your finances when you retire, says Rosanne Rogé, a financial adviser in Bohemia, NY: "It will be harder to mess things up."
Be difficult to find
Deter scam artists from getting to you (or your parents), keeping the latest spam filters installed on their computers, putting themselves in the domestic market does not call registry, and using the caller ID in case of any slip telemarketing past.
Organize now to help later
You need a durable power of attorney, which gives a person the authority to make financial decisions for you if necessary. Assuming you have a will, you probably already have a DPA: They are usually prepared at the same time. But many financial firms require you to fill in their own ways as well. Do this by the time you retire, says New York elder law attorney Daniel Fish. Your future I may thank you.
In hunter-gatherer days, when I got older, they no longer were called to pick up a spear and defend the tribe. "You need not be so focused on everything that could go wrong," says Laura Carstensen, director of the Stanford Center on Longevity.
Hey, what's wrong with a little optimism? That's one reason older tend to be happier than younger people, according to recent studies. But the positive effect can also make you 2030 - or perhaps their parents now - less attuned to the threats and therefore more vulnerable to scammers.
It's not that older people find the idea of losing money easier, but they are more likely to think, "Good boy would never cheat me."
The most serious risk, of course, is an absolute decline in mental abilities. New studies show that the decline is more common than you may realize. After 60 years, the rate of dementia doubles every five years. By the time they reach their mid-eighties, half the population has some cognitive impairment.
However, the elderly are increasingly managing their portfolios on their own - a fact that helped make the cognitive decline a hot topic among behavioral scientists. Addressing threats now, while you're at the peak of his powers, is a good thing, says Harvard economics professor David Laibson: That means you can act today to protect yourself tomorrow.
Now put these findings into action:
Stay active
The researchers have not yet found a recipe for delaying cognitive decline. But so far, studies indicate that working out your body and your brain - through regular walks, reading books, and solving puzzles, for example - can help.
Simplify your finances when you retire, says Rosanne Rogé, a financial adviser in Bohemia, NY: "It will be harder to mess things up."
Be difficult to find
Deter scam artists from getting to you (or your parents), keeping the latest spam filters installed on their computers, putting themselves in the domestic market does not call registry, and using the caller ID in case of any slip telemarketing past.
Organize now to help later
You need a durable power of attorney, which gives a person the authority to make financial decisions for you if necessary. Assuming you have a will, you probably already have a DPA: They are usually prepared at the same time. But many financial firms require you to fill in their own ways as well. Do this by the time you retire, says New York elder law attorney Daniel Fish. Your future I may thank you.
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