Money Tips Network

More and more people are using company cars or using their own cars for business purposes in today’s economy. In fact, many people no longer own their cars but rely on their employer’s vehicles for all their transportation needs. Ensuring you are covered by a car insurance policy every time you’re behind the wheel is […]

The post Do I Need Insurance If I Use a Company Car? appeared first on The Simple Dollar.

Some states don’t require auto insurance while others have expensive alternatives.

The post These States Do Not Require Car Insurance appeared first on The Simple Dollar.

Much of the best personal finance advice out there is found in books, where the entire scope of a personal finance plan can be explored in depth. Your local library has a plethora of personal finance books on the shelves, covering almost any sub-topic you could want, and can request many more if you simply […]

The post If You’re Interested in Personal Finance Books, We Answer 3 Questions About Them Here appeared first on The Simple Dollar.

Renters insurance in Boston is more expensive than in most areas in the United States. It’s expensive for a few reasons, but the main one being that it’s necessary to protect your belongings. With a high amount of claims every year, providers must make up for any foreseen losses by charging Bostonians more for coverage. […]

The post The Best Renters Insurance Companies in Boston appeared first on The Simple Dollar.

Record unemployment rates, a wild swing in America’s GDP and homeownership rates increasing month over month. Despite these examples of economic volatility of 2020, another surprising number emerged — America has now reached an all-time average high credit score. Experian’s latest Consumer Credit Review highlights new trends regarding credit. Not only does the credit score […]

The post How Does Your Credit Score Compare to Your State’s? appeared first on The Simple Dollar.

This is a guest post from Financial Samurai. The views of guest authors are their views and not necessarily mine. That said, I think it's a good thing to read and share ideas that differ from your own. (And, in fact, I'd argue that many of our larger political problems in the U.S. today stem from an unwillingness to do just this.) Over the past fifteen years, I've published many guest articles I didn't agree with. I'm sure to publish more in the future. With that disclaimer out of the way, let's look at Sam's arguments for re-thinking the four-percent safe withdrawal rate.

On 27 August 2020, the Federal Reserve announced a major policy shift. Fed Chair Jerome Powell said the Fed is willing to allow inflation to run hotter than normal in order to support the labor market and broader economy.

Massachusetts has some of the highest housing prices in the nation, especially in the popular Boston area. This state has an average overall home value of $464,000, which is much higher than the nationwide average of about $263,000. These high home prices are due, in part, to the central location of the state, the easy […]

The post Today’s Mortgage Rates in Massachusetts appeared first on The Simple Dollar.

If you’re looking for another source of income or want to start a side hustle as a home flipper, you may be considering the purchase of an investment property. Getting a mortgage loan for an investment property can be trickier than getting one for your primary residence, and obtaining a mortgage for investment property will […]

The post What Is an Investment Property Mortgage? appeared first on The Simple Dollar.

If you’re thinking about buying a home with a mortgage loan, you may automatically gravitate toward a 30 year mortgage. These types of mortgage loans are, after all, the most common options for home buyers due to the low-interest rates, lower payments, longer term and other perks. There are several other options aside from a […]

The post The 15-Year Mortgage: Pros and Cons appeared first on The Simple Dollar.