Things You Should Shop Around For

Every little bit counts when it comes to money. It is so important to save when you can because that money you are saving can eventually add up to something. Besides cutting  back on spending or analyzing your monthly budget, there are some big ticket items that can be shopped around for to help you save.

Insurance

Insurance is needed for many things. There are many brokers who offer these products. To save money, it is best to shop around to find the best possible price so you can get cheaper car insurance . The trick I have used is to take your current policy and just provide it to multiple agents and ask them if they can beat it. Send it around and you will be sure to get your current policy for cheaper. Unfortunately this business is just like many others and the agents are just trying to make the most they can. If they know they can win your business they will be happy to offer you a competitive price.

Credit Cards

Credit Cards are definitely a product that should be compared for optimal benefit. Do not settle on just any one. Often times offers can be sent in the mail or you can simply google the type of credit card you are looking for and look for the best offer to meet your needs. The Best ones, depending on your needs, may offer good reward incentives, low interest rates, free balance transfers, etc. Many cards out there offer great rewards from travel, to cash back that you could benefit from. Be sure to shop around.

Cars

The car industry is known for their negotiations. People can experience both extremes of the business, they can either get themselves a really good deal or totally be worked by a dealership. Car salesmen are good at their jobs and will do anything to meet their sales numbers. The most important tip for buying a car is to be able to walk away. They do not like to lose deals so you are at an advantage if you simply walk away and shop around. I have literally had agents follow me out to my car and almost chase me out of the parking lot trying to get me back in the showroom. You can’t shop with your heart, you need to shop with you head. If you do this you will be able to save some major cash.

Furniture

Most people may not think of furniture as a negotiable item but it is. Any time I have bought furniture I have negotiated. Similar to cars, it is best if you are able to walk away. They do not want to lose your business and rather make the sale with less profit. I have even been to a showroom that said they didn’t negotiate their pricing but they ended up doing it for me. If you want to purchase a piece of furniture from a furniture chain, it is best to call around to different locations to see what their prices are. Each location has a different price and you will certainly get the best deal that way.

 

Hopefully these tips can help you save some and lead to further savings for your family.

Thinking of Buying a New Car? 3 Tips to Keep it in Great Shape

So you’ve decided it’s time to buy a new car? It’s kind of exciting making a big purchase but also a little overwhelming too. Making the decision to spend this much money is not something anyone does lightly. You want to be sure you are doing so sensibly and that you get the most for your money now and over the long term.

You can visit Cars.com to review cars and autos you are thinking about, to help decide which one is best for you and your family. They have a great Reviews section, where you can actually read what real car owners and leased car drivers think about the specific car models that you are considering getting. It’s kind of like talking to a friend or neighbor who has the car you like, before you go to the dealership to take a test drive. Cars.com also has a Videos section so you can see everything about the car right from the comfort of your home.

One of the first things you can do is to find an auto mechanic that you can trust. While you are going through the car shopping process, start to ask family and friends for recommendations to get a great auto mechanic. Remember that you want someone who isn’t too far from you, so that if the car has something wrong with it you don’t have to drive too for long.

When you get the car, actually sit down and read the car manual. Get to know how the features work. Most cars need an oil change every 3,000 miles but what should you know about other maintenance for your car? Avoid mishaps and confusion by learning as much about your car as possible. If you need to, bring your car and the manual to your mechanic to ask questions – before any problem arises. Because this will save an awful lot of time and hassle.

Be a safe driver at all times. Don’t speed and treat your car with extra TLC. Treating your car properly is part of good care and maintenance. You’ll be glad that you don’t overwork or overstress your car, as this can lead to damage or unnecessary repairs. Driving too fast can also make you use gas quicker and run the risk of causing a car accident, which is dangerous.

Remember that it is a lot easier to catch a repair while it is small than to ignore something and take care of it when it becomes bigger. So taking your car in if you notice something is not typical may take up a bit of time, but likely will save you time, money and a lot of hassle in the end.

Buying a car is an exciting time and you should be proud that you have made this major purchase. In a young adult’s life this is certainly a milestone event. Be safe and enjoy driving your new car!

Filing for Chapter 7 Bankruptcy: Some Pros and Cons

The phrase “filing for bankruptcy” might be the most terrifying in the financial vocabulary (perhaps next to “Great Recession” and “bank run”). However, if you’re contemplating this serious decision, then be assured if you move ahead that you won’t be alone. Each year, hundreds of thousands of people across the country file for Chapter 7 bankruptcy for a variety of reasons, such as excessive medical bills, job loss, divorce, over-investing in the stock market, the list goes on.

Naturally, this isn’t a decision that you can afford (figuratively and literally) to make based on raw emotion or overwhelming anxiety. Yes, being in serious is debt is scary. Actually, it’s terrifying; especially when creditors start closing in, and threats of wage garnishment and asset repossession start flying fast and furious. However, the essential thing to remember throughout this challenging time is that “filing for bankruptcy” is not a subjective condemnation, or an expression of financial failure. Indeed, some of the world’s most successful and important people have filed for bankruptcy, including Walt Disney and Abraham Lincoln.

Rather, bankruptcy it’s a form of legal protection that’s designed to protect you (that’s right, you), so that you can restructure and reorganize your debts and, eventually, regain your financial footing. While it’s obviously not a list of anyone’s favourite things, there’s no shame in filing for bankruptcy. It happens thousands of times a day.

The best — and frankly, the only — thing you can do right now is equip yourself with hard facts. To get you started in the right direction, here’s a rundown of some pros and cons of filing for Chapter 7 bankruptcy based on the advice of experienced bankruptcy attorney Charles Huber:

Chapter 7 Bankruptcy: PROS

  • Unlike Chapter 13, Chapter 7 doesn’t involve a detailed repayment plan. Instead, a trustee sells non-exempt assets and uses the proceeds to pay creditors per the Bankruptcy Code.
  • The process is faster than most people believe, and is usually over within 3-6 months.
  • Most states have exceptions that prevent certain assets from being liquidated.
  • Some filers may be allowed to keep more of their property than they need.
  • Filers will be able to keep their salary and assets the purchase after filing for Chapter 7.
  • Creditors must stop calling, email or communicating with debtors immediately after a Chapter 7 bankruptcy filing.
  • Filers who’ve had wages garnished by creditors within 90 days immediately preceding a Chapter 7 filing may be allowed to get that money bank.

Chapter 7 Bankruptcy: CONS

  • A Chapter 7 filing stays on a credit report for 10 years, and will doubtlessly make it tougher and more expensive to borrow funds, get a mortgage, or even get a job.
  • Filers lose all of their credit cards, and any property that isn’t except from sale (including luxury items).
  • Contrary to what many people believe, filing for Chapter 7 doesn’t except filers from child support payments, alimony obligations, or student loan payments.

The Bottom Line

Deciding to file for Chapter 7 isn’t easy — and that’s a good thing, because it’s something that should only be (possibly) done after careful research, which includes consulting with an experienced bankruptcy attorney.

However, regardless of how difficult things are right now or what has happened in the past, if starting now you do the right things, the right way, and at the right time, be assured that you’ll emerge financially stronger than ever — and will look back on this as a bump in the road vs. the end of the line.

How Much Has California And Colorado Achieved In Sales In The Past Year?

Since nearly anyone over the age of 21 can buy marijuana now in California and Colorado, sales are expected to skyrocket. We’ve already seen indications of widespread pot acceptance in 2016, with huge sales numbers in both states, despite California still mostly selling to medical marijuana ID card buyers (which will likely continue until recreational legalization is in sweeping effect in late 2017).

To get an idea of California and Colorado cannabis benefits to the marijuana industry as a whole – growers, distributors, consumers and the state governments – let’s take a look at some 2016 sales numbers.

California 2016 Sales

Californians have to go through a lot of bureaucracy to get a medical marijuana card, but even so, sales in the state are far beyond the more permissive state of Colorado. Arcview Group, a cannabis market research agency, states that California makes up greater than one-fourth of legal pot sales in the United States and Canada combined.

According to The Arcview Group, California accounted for 27% of the legal marijuana market in all of North America in 2016. Colorado followed in second place with 20%. This is before California’s approval of recreational marijuana too. The report puts legal cannabis sales in total at roughly $6.7 billion for 2016.

Colorado 2016 Sales

Colorado’s cannabis sales for 2016 hit about the $1.3 billion mark, which is an upward trend that’s likely going to continue into 2017. This number, released by the Colorado Department of Revenue through tax data, includes medical and recreational marijuana sales.

Miles Light, who is a Marijuana Policy Group economist, says that Colorado’s benefits from pot sales may be eroded as other states begin to legalize. He also notes that in 2017, none of the 8 states that recently voted for legalized marijuana will have put their regulations into place.

Green Door West is ready for the explosion in demand and sales that will surely come from California’s legalization of recreational marijuana. We’re standing by with Santa Monica marijuana delivery and delivery service throughout the Los Angeles area. If you’re looking for “marijuana delivery near me,” we have you covered.

Stock Investing Don’ts: learning from others’ mistakes

Stock investing is a good thing: you get a say in a company you believe is bound to success. You earn dividends from the company’s earnings. You sell a part of your share when the price goes high, and so on and so forth. So, you could assume it’s a pretty advantageous way to invest your money with the expectation to get profitable returns. But if you are a rookie in this just wanting to start out, there are a few things to should keep an eye on. Stock investing is an interesting sphere. You have to have, what’s best called, a special sense of feeling when to make certain actions. If the prices go up, down, or somewhere unknown, or if you are hyped about investing all of your money in one place, there are a few DON’Ts you will have to know about in order to eliminate risks and invest smart.

DON’T N1: Do not make emotional investments

Emotions are not acceptable in this tricky world of stock investments. I mean, if you love investing, that’s a good thing, means you are enjoying the process. But, do not let your emotions have control over your investment decisions. Under all circumstances you have to remember to take a “sober look” at the situation and remain rational. Do not panic and withdraw your money right away when you see the stock market going down the road, like many people did during the Great Recession back in 2008. Do not give in to emotional outburst of anger or fear to keep you from taking a step up into a bigger opportunity. In a similar manner, do not get too attached to the ownership of a share to the point of not willing to sell it when it needs to be sold. The examples are numerous, the moral is one: stock market is a place where emotions should not be allowed. All of your actions and decisions should be made solely based on research, data and your senses, which are way rational than your emotional feelings towards a certain asset or share.

DON’T N2: Do not overinvest. Just. Don’t.

Investing in stock market is a good place to put your money in. However, you should do it wisely, because too much of everything can harm. Investing all your money once and for all is not the smartest decision ever. You should be able to invest some at a time. Everyone knows that in stock market you should buy shares when they cost low and sell them when they reach their peak. Investing all of your hard-earned money at once will defeat the purpose of investing and trading wisely. So, make sure you make the investments periodically in order to make the most profit out of it. If you are struggling with how to start investing in stocks, investment newsletters are a great place to start with. They will guide you through your first steps into a successful investing pro who reaps returns like no other.

DON’T N3: Do not try to put the stock market into time frames, you’ll fail

Don’t get me wrong, you can, in fact, make good assumptions and predictions about when the market is more likely to hit the downroad or the opposite. But do not try to underestimate the abilities of the market to surprise you and hit you right back. Putting time limits and frames on how the market will perform in a month can be done only based on years’ of experience topping with good research, valid data and understanding of the spectrum in the first place. But other than that, you shouldn’t be timing the stock market, it will find a way to make you pay for it, literally.

DON’T N4: Conformity is not a smart thing in stock investing

You know there are people with no guts of their own, willing to make money  through stock investing without actually having their own ideas, motives, understanding and readiness to, actually, invest. Believe it or not, but people do lose their “individuality”, as investors, while trying to follow the crowd when the market is at its worst or the opposite. 2008 is a great evidence to that. Funny thing is, no one knows how and when the market will perform as expected, so conforming to the decisions of a few investors is not a good idea. Investing in the stock market is an individual thing as well. One might get away with investing all of his money into one company, whereas you might lose a big portion of yours if you went with the ‘all or nothing’ motto. Do your own research and study, collect your own data and, most importantly, make your own decisions while investing.
Do not rush the stock market and do not expect it to fulfill your expectations, because it won’t, and that is, frankly, the intriguing character of stock investing.

How to make your PPI Claim successful

In the 1900s and 2000s, Payment Protection Insurance (PPI) was hugely missold in the UK. More and more people are coming forwarding claiming to be victims of this scam.  After going through the process, people are walking away with £1000s in reclaimed PPI costs. Below are some steps to make your PPI claim successful. We want to help you reclaim ppi: how to claim £1000s in ppi claims.

Do/Did you have PPI

The first step is to investigate and see if you are a victim of this scam. Do this by going through old paperwork for any loans or debt (car loan, mortgage, credit card, etc.) and see if you had PPI Insurance. Even if a debt has been paid off, you can still make a PPI claim. If you aren’t sure, you can always check your credit report to see what debts you have had in the past. There is no time limit as to how far back you can go for missold PPI. If you don’t have the paperwork for old debts, you may have luck contacting the bank. You can even file claims for deceased relatives, so don’t rule that out.

Was it Missold?

In order to make a claim, it must have been missold. This means you weren’t clear it was an option, you were pressured to buy it, or if it was implied you needed it to get the loan or debt. Another reason you can file a claim is if you are self-employed or have a pre-existing illness, because you would not have been eligible for a policy to begin with.

Beat the Rush

A deadline of August 2019 has been made for PPI claims by the Financial Conduct Authority. As we get closer to that deadline, more and more people will be wanting to file their claims. This will cause a backlog. It is in your best interest to act today to get the process started. The process in its entirety has the potential to take years.

Try, Try and Try Again

Even if you were rejected in the past to reclaim PPI, try again. The fact you were rejected in the past does NOT mean you weren’t missold. There are certain rules and timeframes as to when you can file again, but it is worth a shot.

You can look up stories online and see that many people were successful in their claims. The potential to get back big money is there. However, the first step is to start by recognizing the situation and starting the process and being patient with the system. This will ensure your claim is successful. Start by downloading a template online for free.

Top Money-Saving Environmental Tips

Most people think that living an eco-friendly life is boring and somewhat expensive. But the truth of the matter is that being green is cheap and saves the environment. Reducing your consumption, reusing items and recycling helps keep unnecessary waste out of the landfills. So what are some of the eco-friendly money-saving tips to consider? Here is a look.

Using cloth napkins and durable silverware

It is hard to resist the temptation of not having anything to wash after meals, which is why some people will opt for disposable items. Abandoning disposable napkins and going for cloth napkins will help you save plenty of cash and keep the environment clean. Cloth napkins are more durable and can be washed after use and be used over and over again. The same goes for utensils—saying no to disposable plastic forks, spoons, and knives not only reduces the money you spend on them, but reduces your waste and also your contribution to the pollution involved in the manufacturing process.

The planet and your pocket will be at risk when you increase the pile of garbage left after a meal. It is common sense: the less you throw away, the less you spend. Especially for people who are on a budget, cutting paper towels, napkins, and utensils off the grocery list can save a lot by the end of the year.

Make use of a pressure cooker

You can actually save a lot of time, money and energy if you make use of a pressure cooker. One thing that makes this a must-have is the fact that they are versatile and they can cook almost anything. They use less energy and take up to 70% less time to cook a meal. Imagine the things you can do with that extra time!

Install a low flow showerhead

We spend a lot of water when we hit the shower for a few minutes. If you have a bigger household, it’s even worse. But installing a low flow showerhead is an easy way to save 25 to 60% of the water we normally use in the shower. This is the best way to preserve water and also save on the water bill.

Use energy saving bulbs

Energy-saving bulbs are normally expensive upfront compared to ordinary bulbs. However, they use a quarter of the energy that ordinary bulbs use. But part of environmental sustainability is about investing. The initial expense will pay itself over time. Plus, you’ll have fewer lightbulb changes to make!

Insulate your home

Not only do uninsulated homes just lose heat and cool air but also waste money and energy. The upfront cost may be hefty but the long-term savings can make a significant impact on personal finances. When you reduce energy expenditure you will, most definitely, reduce the bill. It is important to consider insulating the attic and basement first to be effective in your personal finance quest.

Install solar panels

Most governments now offer tax credits to home owners who wish to install solar panels to supplement their energy expenditure. This is to encourage people to go green and save the environment. There are also companies that are willing to take the risk most homeowners dread to pay the initial cost. You stand a chance of saving at least 10% of your electricity bill.

Don’t pay for what you throw away

Did you know that product packaging makes up more than 30% of waste stream in the developed world? According to the EPA, even more of that waste comes from actual food being thrown away. By buying only the food that you will consume, and making sure that you opt for environment-friendly packed items, you can both reduce waste and reduce the amount of money that you waste.

Grow Your Own Food

Though gardening can require a bit of work and upfront investment, making your own garden and growing your own food allows you to save money and also know what you are eating. Without the harmful chemicals and GMOs used by many large companies and manufacturers, your own garden can provide a fresh, homegrown alternative for you and others in your community.

Reuse and resell old furniture and appliances

Your furniture is one of the things in the entire house that will last longer. However, sometimes they get damaged or outlive their original purpose. When this happens, you don’t have to throw it away. You can repaint, reuse, and repurpose. Give your splintering, chipping chair a good sanding and a new look. Turn your old coffee table into a storage ottoman. Make a play kitchen for your kids with that old TV stand. Reusing and repurposing reduces environmental pollution and is financially smart.

Then again, you may be having some things in the house that you just don’t want anymore. One of the most monetarily effective tips is to resell. If you are environmentally conscious, then you will realize that reselling them not only earns extra money but also keeps the environment cleaner.

Be Green and Save Green

You don’t have to make a lot of money or spend a lot of money to live a life that is sustainable for both your finances and the world you live in. A few lifestyle changes can go a long way and make a significant impact on your life and the lives of those around you.