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Dispelling Credit Card FUD: 6 Reasons to Use Credit Cards Everyday

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Credit cards and their place in our consumer-based society are met with a love/hate relationship. Millions carry heavy credit card debt for reasons including irresponsible spending, health & career setbacks, and unforeseen expenses. It’s led many to demonize the credit industry by way of spreading FUD, (fear, uncertainty, and doubt). Ask a friend or family member what they think of credit cards and you’ll likely hear, “They’re terrible!”, “Don’t do it!”, or “I don’t trust ’em, I rather pay cash!”. To each their own… but they’re missing out on great benefits. Let’s dispell the FUD and see why carrying credit cards are a smart, rational thing to do. 6 Smart and Beneficial Reasons to Carry Credit Cards Whether you had a flurry of credit card offers when you turned 18. Or, found yourself using them on your own accord. Here are some of the great benefits of having them on-hand: Building financial literacy You can read blogs/books or watch videos about finance to wrap your head around the topic. Or, get involved and learn by doing. The latter tends to help many understand and respect finances. It adds responsibility to their spending ultimately improving other areas like budgeting. Building a … Read more

How General Liability Insurance Works and What It Covers

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You always hear about general liability insurance for business owners. You might not have it because you don’t necessarily think it is required for your business. The requirement depends on where your business is operating, but if you look at the benefits that you will get from having it, you will be convinced that you really need it. Here are some reasons why general liability insurance for contractors is a must. Wide coverage This type of insurance covers a lot. This includes claims for bodily injuries resulting from the use of products and services offered by the business. It also includes damages to the property in which the business currently stands. However, it is important to remember that this insurance only covers third parties. For injuries sustained by your employees, you need a different type of insurance coverage. The property damage might be covered, but it is quite minimal. Since you don’t own the place as a contractor or a small business owner, the insurance will partially cover the cost of any damage. You will probably be sued if these problems occur. When you are financially not ready to pay for the cost, it could be a big problem. The … Read more

Should You Open a Digital IRA?

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There has been a tremendous increase in popularity in cryptocurrencies such as bitcoin. A lot of people purchase them to hold, hoping that the price will increase even more, thereby making them everyday good investment. It is now even possible to open a digital IRA, or individual retirement account. What Is the Digital IRA? Simply put it is a type of self directed individual retirement account in which you can invest in cryptocurrencies such as ethereum and Bitcoin. According to the IRS, cryptocurrencies a form of personal property, which means that you can use them as an investment. Logically therefore, placing them in an IRA is a very good idea. That says, digital IRAs are still very new comma which means a lot still needs to be learnt about them. One of the key things to be aware of is that a digital IRA can hold things other than cryptocurrencies as well. In fact, most people who have a digital IRA only have a small percentage within that dedicated to cryptocurrencies. They choose these IRAs so that they have the option to also include cryptocurrencies and diversify their portfolio. Because the IRA is self directed, it means that you, as … Read more

The Karatgold Coin: High-tech meets gold

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Cash dominated the financial world for many millennia. By now, only two percent of the world’s money is in circulation as cash. A full 98 percent of the money exists in digital form, but is bound to the precious metal gold. This guarantees the stability of traditional currencies. Predictions suggest that the future of money belongs to the cryptocurrencies – the well-known cryptocurrency Bitcoin has acted as a trailblazer. Their value is still determined by the relationship between supply and demand. In the meantime, however, there is an alternative that is stable value: the Karatgold Coin. The cryptocurrency comes from the wellspring of the renowned Karatgold and is pegged to the classic medium of gold. The cryptocurrency is limited and cannot be influenced by political interests. Combining the benefits of gold and CryptoCoins The Karatgold Coin combines the advantages of cryptocurrencies and gold. Its founding father is the gold expert and business pioneer Harald Seiz. The system is based on proven blockchain technology and financial hedge via gold. The Karatgold Coin is distributed by the KARAT Gold Cooperation PTE LTD. Here, the Initial Coin Offering (ICO) is employed. As part of the market launch, there are limited duration price reductions. … Read more

How to Stay Financially Motivated When Times are Tough

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The following is a guest article from Lucy Oake, contributing writing at One Smart Dollar. Let’s face it – sometimes life throws you a curve ball. There are lots of situations when it feels like you’ll never be able to get ahead financially. Focusing on what you can’t control will only bog you down with negativity. Instead, focus on what you can control – including your finances. When times are tough, here are some of the best ways to keep your momentum and stay positive. Start – or update – your budget There are a bunch of different way to budget out there. What worked for you six months ago may not work as well if something has changed in your life. Relationships, jobs, and savings priorities can all be good reasons to take a fresh look at your budget. Sticking to a budget can be hugely rewarding because no matter what type you use, a good budget will help you reach your goals. So take a look at some of the most common budgeting methods and see if your budget needs a makeover. Make your goals visual A budget is a great financial tool, but sometimes it’s not very … Read more

20 Things I Like To Do

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I was reading this post at my blogging friend’s site, Surviving and Thriving, about 15 things she likes to do.  She mentions that she got the idea from a 20 things list that my other blogging buddy made over on his site, Get Rich Slowly. And sex was right up there with both of them (#1 for Donna – hubba, hubba…those puns must really work).  😉 Well, let’s see what I can come up with pretty quickly: Intimate Time with my Husband I do like sex.  But I also rate snuggling way up there.  And I enjoy the times we just tell each other about our day and make plans for the next one.  Pretty much, I’m lumping all my hubby relationship stuff together. Hang Out with Close Friends My close friends are like my counselors and adopted family combined.  I’m not sure they know how truly important they are to me.  10 years ago, I didn’t have that.  It was my husband, some acquaintances, and our families.  Now we have this amazing support network.  Board gaming and blogging are the two hobbies that truly opened up the world to my hubby and me. Family Time Our support network kicks … Read more

What You Need to Consider When Renting a Car on Your Next Vacation

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The long overdue vacation is finally booked. Plane tickets are bought, and you found someone to watch your plants, take care of your pets, and retrieve the mail. All that’s left are the final details of the trip itself, including possibly renting a vehicle. One of the big questions when renting a vehicle is whether to purchase rental insurance. You know they’re going to ask you at the rental car counter, but you should have some information in hand before you answer that question. See what coverage you already have If you have already have cheap car insurance and you’re planning a trip, the first thing you should do before traveling is look at your car insurance policy. “If you’ll be using a rental vehicle, make sure your policy affords coverage for a rental vehicle,” said Dan Rosenow, associate director of compliance for Dairyland Auto®. “You may have to endorse your policy with rental vehicle coverage, or you may want to take out coverage at the rental vehicle facility.” Whether a rental vehicle is covered can vary from policy to policy, so the only way to know for sure is to call your insurance carrier, read your policy in full, … Read more