Money Tips Network

Airbnb is a pioneer of the sharing economy, allowing hosts to rent out part or all of a property to travellers. While many Airbnbs are advertised as an “entire place,” meaning guests have the entire house or apartment to themselves, many listings consist of a private room. Hosts renting out either type of Airbnb qualify for up to $1 million in liability protection insurance, but may also consider exploring an add-on home sharing policy for additional coverage.

Find the Best Home Insurance

Enter your ZIP code below and be sure to click at least 2-3 companies to find the very best rate.

Scamming attempts are on the rise as more people seek financial assistance online, due to the Coronavirus. Data from the Federal Trade Commission shows Americans have already lost nearly $70 million to pandemic scams since the beginning of the year.

“Many have been filing for unemployment benefits, so when a call or email comes in pretending to respond to your inquiry, it might be harder to differentiate between who is real and fake,” says Jade Hickton, Private Investigator at Smith Training Centre. Learn how to detect the warning signs to avoid falling for these fraudulent crimes.

The SimpleScore is a proprietary scoring metric we use to objectively compare products and services at The Simple Dollar.

For every review, our editorial team:

• • Identifies five measurable aspects to compare across each brand
  • Determines the rating criteria for each aspect score
  • Averages the five aspect scores to produce a single SimpleScore

Here’s a breakdown of the five aspect scores and their rating criteria for our review of the best auto insurance companies of 2020.

Discounts

We looked at the number of discounts each company offers — more discounts mean a higher score.

Aspect Score
1
2
3
4
5

Number of discounts offered
0–3
4–7
8–11
12–14
15+

Coverage options

We awarded higher scores to the companies that have the most coverage options.

What felt like a temporary laptop-at-the-kitchen-table setup has become permanent — 42% of the U.S. workforce is working from home full-time. In the same survey by the Stanford Institute for Economic Policy Research (SIEPR), 65% of Americans reported not having sufficient internet service for workable video calls.

But before you break the bank for better internet speed consider that some employers are footing the bill for these setup costs. Shopify and Twitter both announced that remote employees will receive $1,000 for setting up a home office, while Chegg pays the monthly internet bill for its remote workers (along with $500 for other setups.)

Many parents across America are facing the start of a school year in which they’re called upon to balance virtual schooling for their children and working from home. It’s a difficult thing to balance. We all want our children to have an excellent education, but also a safe one, while we have careers to attend to.

Many of the obvious strategies for solving this conundrum involve simply throwing money at the problem through things like hiring a tutor, but for many families, that’s not a sensible option.

8 ways to balance working from home and virtual school for kids
Have clear schedules and guidelines

It is incredibly useful for both children and parents to know at a glance what each child’s daily schedule is and what the parent’s working schedule is like as well. This minimizes interruptions at inconvenient times.

According to research conducted by the University of New Hampshire’s Carsey School of Public Policy, in 39 states, the number of jobs lost between February and July exceeds those lost in the great recession. While talks about a second stimulus package resume in September, unemployment and income uncertainty are putting a strain on American’s ability to cover large expenses.

Despite this, a growing number of people are relieving financial anxiety by taking out personal loans.

These loans can help you pay bills and cover expenses during cash-strapped times. How hard or easy is it to get a personal loan, and what role has the pandemic played? First, we have to talk about how personal loans work and what you need to consider before applying.

Part of the allure of renting is not being married to your space. You may not be able to put your footprint on it with paint and upgrades, but you can pick up and move when the next best thing shows up. But the parts that make a place home — your belongings — can follow you wherever you go. That’s why it’s important to answer the question, “What is renters insurance?” It can be a powerful tool to financially protect your personal items in a variety of situations. Reviewing renters insurance definitions can also help you understand what your policy covers.

Find the Best Renter Insurance

Enter your ZIP code below and be sure to click at least 2-3 companies to find the very best rate.

Millions of Americans have decided to take advantage of historically low interest rates and refinance their mortgage. However, if you haven’t already started the refinancing process, there’s a good chance you’re going to be assessed a new fee. Fannie Mae and Freddie Mac recently announced a decision to charge an “adverse market fee” on all refinances starting September 1, 2020.

If you haven’t already gotten the ball rolling on refinancing your home, you’re likely to be impacted by the new charge. Fortunately, there are a few ways you may be able to avoid or offset the new mortgage refinance fees. Shopping around with different banks to get the lowest interest rate possible and improving your credit score can increase savings when refinancing a mortgage.

The ongoing question of whether Americans are financially prepared for retirement has taken a sharp turn due to COVID-19. The pandemic is forcing older workers into involuntary retirement because of health risks and decreased job prospects. And, many of these workers may not have enough saved for their retirement years.