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Archive of posts published in the category: money
Mar
27

Save Money With a Fix-It Toolbox

Do not throw broken stuff – and money – away! Spend a few bucks on some basic tools that will save you hundreds of dollars each year.

Which tools do you need in your fix-it toolbox? I recommend these basics:

* A good quality 8- or 16-ounce curved-claw hammer for installing and removing nails
* An adjustable wrench (6, 8, or 10 inches long) for tightening and loosening bolts
* A set of screwdrivers or a combination screwdriver with assorted tips (standard and Phillips) for tightening and loosing screws
* Adjustable pliers (6, 8, 10, or 12 inches long) for holding or turning things
* A basic multimeter for testing electrical voltage, current, and resistance.

That's about it. For less than $ 25 – including the cost of a small toolbox or tool apron to hold everything – you can have the basic tools you need to fix hundreds of things in your household. Buy at least medium quality. A $ 3.00 hammer is hardly worth three bucks. A $ 10.00 hammer may last you many years. Beside, you'll probably save the cost of the tools on your first repair – and you get to keep the tools!

You also can expand your budget to upgrade any of the basic tools covered here. For example, you can invest a couple dollars more to get a better set of screwdrivers or even a power screwdriver with assorted tips. If you want to add on to this basic toolbox to make tasks easier – or to make even more repairs – you can get these:

* Hand or power drill with assorted bits for drilling holes in wood, metal, or plastic
* Wire stripper for cutting and removing the outer wrapper (insulation) from around wires
* Retractable-blade utility knife for cutting softer materials such as plastics
* Measuring tape for measuring the height, width, or depth of various materials
* Hand, hack, or power saw for cutting wood, plastic, or metal (depending on the blade used)
* Set of wrenches (open- and closed-end) with standard (inches) and metric (millimeter) sizes for bolts and nuts
* Socket wrench set with standard (US) and metric sizes using 1/4, 3/8, or 1/2-inch ratchet drives for bolts and nuts
* Allen wrench set for tightening and loosing Allen-head screws and bolts
* Files are useful for removing excess metal, plastic, and wood.

In addition to common screws and screwdrivers, you may occasionally run in to spanner and Torx fasteners. Both are designed to resist tampering. A spanner bit has a notch in the middle (sometimes found on coffee makers). Torx fasteners have six points. Torx tamper-resistant screws have a post in the center that makes it even more difficult to open (found on some microwaves). If you need to get past one of these fasteners, you can purchase these special tools at larger hardware stores or auto parts centers.

A basic tool kit for painting projects will include these items:

* Paint brushes or paint pads …

Mar
24

Want a Free Car Insurance Quote in Billings?

For people living in Billings, Montana, the time has never been easier to save money on your car insurance. There are many insurance companies out there looking for your business and its free and quick to find out who has the best deal for you.

Nobody likes paying for car insurance. Every year it sees to get more expensive, and every year it looks you have another car to insure. Your son's new car, granddaughter's car, your husband's second car for the weekend. It never ends! This is not too mention the deductible, the collision, different premiums, discounts … finding out which is what and how much of this do you need, or is that really necessary.

But there is help. With the advent of the Internet, there is now the opportunity to both learn and save more on your car insurance. With a cup of coffee and a few clicks of the mouse, you can easily be on your way. There are many, many insurance companies out there, but dont let that scare you. Turn it to your advantage. Think of it this way: They are all competing for your attention and they know you can just as easily go to the guy across the street, and they have lost you as a customer forever.

There are services out there that will provide you with different quotes from different companies to let you see for yourself and to decide for yourself, who you would like to do business with. These services are free and they are fast, usually taking only a few minutes. Then, with this new information at your hand, you are now in a position to not only get what you need, but also what you want. And save money doing it. …

Mar
24

How To Make Money From Boxing

If you want to make money from boxing, I suggest you *don’t* follow in the footsteps of Lennox Lewis.

As I write this in the spring of 2007, it’s rumoured that Lewis is considering a comeback in his 40s.

Lewis is that rare beast, a heavyweight champion who retired with his title intact, but they always say that fighters can’t give up, and the lure of a big payday is tempting him.

It’s rumoured that he could get $25 million for one fight.

Now that’s a lot of money, but I don’t suggest that you should get into the ring to make money from boxing!

Let’s face it, it is only the very few elite that make a lot of money, and most of them end up broke!

So, if we’re not getting into the ring, how else can we make money from boxing?

I want to cover 3 methods, including the technique I use.

Firstly, you could take up boxing promotion.

Remember how I said that most champions end up broke?

That’s because most of the money seems to end up with the managers and promoters.

Although there seems to be a lot of money there, this is a route for the long term only – it would take years to build up a business of any note, and then you’d still have to compete against the few who seem to control all the big fights.

The second method, and this is much more realistic, is to become an affiliate.

As an affiliate, you don’t need a website, you don’t need any stock, you simply send traffic to other companies’ sites, and they pay you a commission of any sales generated.

There is a huge variety of things you can be an affiliate for – from equipment like gloves and training gear, to tickets and pay per view subscriptions (this is where the bulk of the Lennox Lewis $25 million would come from.)

There is also memorabilia, books, dvds, posters, etc.

In fact one of the consistently best-selling sports posters is of Ali standing over Liston in the ring.

So although this can be a good revenue source, it has the downside that you are competing with all the other affiliates.

Great for the company concerned, not so great for the affiliates.

The third method is the one I use, and it’s to provide information.

Boxing fans will spend money – that’s proved by the pay-per-view model, so if you can provide information on how they can earn money to cover their expenses, you have a willing market.

How about if you showed them how they could earn enough money to make trips to see the fights in person?

To buy all the books and videos they’d want, to indulge in collecting memorabilia – do you think they’d be interested?

You bet!

Information can be produced and delivered without cost nowadays, and this is why I use it myself to make money – there is no reason why you …

Mar
20

Reinsurance Jobs – The Basics of the Insurance Industry

If you are financially minded but unfamiliar with what a reinsurance job might entail we've compiled four reasons why companies carry out reinsurance and the two main different types of reinsurance.

Four Reasons for Reinsurance

Risk Transfer – you only have to look at the amount of money an insurance company would have to pay out if your house was damaged in a natural disaster to realize how there is the potential for them to have huge costs. By reinsuring themselves with other insurers they are able to spread the risk so that no matter how many of their policy are claimed upon they have the ability to pay out.

Income Balancing – for any large company its important they can predict their income for cash flow and often shareholder benefits. As you can imagine this would be difficult for insurance companies if they were not reinsuring. A number of big payouts if they were not reinsured could have a very significant effect on their bottom line. By reinsuring they are able to manage this risk more effectively.

mproved Surplus – on the balance sheet of a company it's good to have a surplus. This is the sum of assets minus liabilities. Successful reinsurance can reduce the liability pushing up the surplus level upwards. It is desirable as it makes the company more financial stable and more attractive to potential investors.

Arbitrage – another reason reinsurance is often popular is due to arbitrage. If you are not familiar with arbitrage in simple terms it is where you sell something at a high cost which you then buy at a low cost. In reinsurance this would be where a company sells you insurance at one price yet is able to insure that same risk at a lower cost from another supplier. This is of course hugely appealing to insurance companies and fuels some of reinsurance popularity.

Two Types of Reinsurance

Proportional – this type of reinsurance is often known as quote share insurance. If companies are entering into a proportional reinsurance arrangement they divide the risk up as a percentage. Assuming insurance company alpha reinsures 50% of my house insurance with insurance company beta, if I then make a claim both companies would pay their percentage of the settlement. The agreement does not have to be with just two companies, it is possible for several companies all insuring the same risk sometimes with different percentages.

Non-Proportional – this system works in slightly different way. Assuming I felt on any policy I could only pay out a £ 1000 but there is a reasonably hood that the risk could require more coverage I could get reinsurance for £ 9k. If this even then takes place and costs £ 5 thousand I can then recover £ 4k from the reinsurance company. …

Mar
18

Online Money Making Opportunities – Making Money Online Easily and Quickly

There are a number of scams out there and its important to be able to sort out the real online money making opportunities. Do not believe the hype that its simply a matter of setting up a web page and watching the money roll in. Like any other business the internet business needs to be built with skill and determination. The hardest part is actually finding helpful information without falling foul of the many scams.

I am willing to share my own technique for making money on the internet. There are many online money making opportunities, but this is what I do and it works for me. I did spend lots of money and time on pointless information that simply regurgitated the same old information and made me no money but then decided that I would develop my own method which I then tested extensively and improved over a period of many months.

This is what I do:

1: I find some PLR ​​(Public Label Rights) products. It's important that this includes a sales page.

2: I register a domain name that clearly links to the main product that I found in step 1 above.

3: I then edit the sales page. I change the author name, some sentences and the graphics. In fact anything that makes it completely unique. If necessary, I add some bonuses to make it even more attractive.

4: I create a OTR – One Time Offer. This is sometimes something that I found in step 1 above but otherwise it can be anything that has perceived value.

5: Next I edit the PLR ​​material that I found in step 1 to make it match the sales page. Its important to change the material enough to make it unique, including the author name and the actual name of the product.

6: I create some new graphics for the material. I do this myself but if you do not know how to do this then its easy to get it done for you very cheaply.

7: I then upload everything to the site which domain name I registered earlier, including the payment and download files.

8: Next I set up an autoresponder and some email messages as follow ons.

9: I test all the links to make sure it works – I make sure that every single link is tested using both Internet Explorer and Firefox web browsers – these are the two most common browsers used.

10: Finally I drive traffic to the site using Pay per Click, articles, forum posting, blogs and include relevant backlinks to the site.

It actually sound more difficult than it is in practice. I can do all 10 steps in an afternoon – so its not too onerous. Thats all there is to it. Its simple but incredibly effective. …

Mar
17

Everything About Life Insurance!

I want to start off this 2010 with an article regarding Life Insurance. Many people find this topic morbid but believe me when I say this contract is as important as a Will and should be taken just as seriously as health insurance. Due to the length in details of this article I have provided chapters for easy reading. I hope this will educate you on Life Insurance and the importance of its necessity. (Note: For better understanding “You” is the policy owner and the insured)

Chapters:

1= Introduction

2=When/If you have Life Insurance already

3= Difference between a Insurance Agent and Broker

4= Types of Policies

5= What are Riders and popular types of Riders

6= The medical exam

1) About general Life Insurance:

This is a contract between you and an insurance company to pay a certain amount (the premium) to a company in exchange for a benefit (called the Death Benefit, face amount, or policy amount) to the beneficiary (the person you want to get paid in the time of your death). This can range based on the type of policy (which will be discussed momentarily), your health, your hobbies, the Insurance company, how much you can afford in premiums, AND the amount of the benefit. It sounds overwhelming but it is not if you have the right agent or broker.

Now many people can say that Life Insurance is like gambling. You are betting that you will die in a specific time and the insurance company bets you won’t. If the insurer wins, they keep the premiums, if you win…well you die and the death benefit goes to the beneficiary. This is a very morbid way of looking at it and if that is the case you can say the same for health insurance, auto insurance, and rental insurance. The truth is, you need life insurance in order to ease the burden of your death. Example 1: A married couple, both professionals that earn very well for a living have a child and like any other family has monthly expenses and 1 of the couple has a death. The odds of the spouse going back to work the next day is very slim. Odds are in fact that your ability to function in your career will lower which RISK the cause of not being able to pay expenses or having to use one’s savings or investments in order to pay for these expenses NOT INCLUDING the death tax and funeral expenses. This can be financially devastating. Example 2: lower middle income family, a death occurs to 1 of the income earners. How will the family be capable of maintaining their current financial lifestyle?

Life insurance is about the ability of lowering the risk of financial burden. This can be in the form of simple cash or taxes via estate planning.

KEY Definitions:

The Insured: The person that is covered by the insurance company (He/She does NOT have to the policy owner)

The (policy) Owner: The one …

Mar
15

Points To Consider With Cheap Auto Insurance

The word "cheap" means different things to different people, so the first thing you will want to do is to define what "cheap" means in your vocabulary. If it means that you want the bottom line lowest of the low prices to get cheap auto insurance, and the only thing you are concerned about is what the policy costs, then this may not be for you. But if you are looking for the best value to get the most bang for the bucks, then there are multiple places, online and offline, where you can find cheap auto insurance.

You need to understand that not all auto insurance policices are done the same way. The standard policy from one insurance carrier is significantly different than the standard policy from another insurance provider. You also need to know that whatever you get, everything comes at a cost, and sometimes if you do not pay that cost up front, you will pay it later, and there is no getting around that.

For example, the reason you are carrying cheap auto insurance is because you need the coverage, either for peace of mind or to comply with your state laws, but what happens when you get into an accident? If you have a good policy, then things are taken care of with minimal effort on your part. However, with some of the cheap auto insurance policies that are available out there, getting the insurance company to pay on a claim is going to take significant time and effort on your part. If you value your time at all, sometimes think about it and attach an hourly rate to it, you will realize that after factoring in the personal time you had to spend on getting them to cover a claim, you have not saved any money at all . In fact, you paid MORE for it!

Auto insurance policy coverage is not an exact science. First of all, you have the deductible, and the amount of the deductible could be different for the various kinds of coverage. For example, you may have it set up for $ 500 deductible on collision, but a $ 1500 deductible on comprehension or fire. The deductible amount has a drastic impact on the rate that you pay, and is the amount that you will pay out of your own pocket before the insurance company pays anything. To give an example, let's say you have $ 500 deductible on collision and you get into a minor fender bender, but the estimate to repair only comes to $ 400. The insurance company will not pay anything on that, since it is less than your deductible, and in fact, that is a case where you probably do not even want to tell your insurance company about it.

There are also differences in liability. For example, if you get into an accident where the other person sustains various severe flaws. It is not unusual these days for hospital costs to go well …

Mar
15

Auto Insurance Principles Should Apply to Health Insurance

Many Americans rely on their automobiles to get to work. No automobile means no job, no rent or mortgage money, no food. A single parent, struggling to make ends meet in the suburbs with 100,000 miles on the odometer, would normally welcome the guaranteed opportunity for low-priced insurance that would take care of every possible repair on her auto until the day that it reaches 200,000 miles or falls apart, whichever comes first. Especially if the insurance is valid regardless of whether she even changes the oil in the interim.

So why are not the auto insurance companies writing such coverage, either directly or through used auto dealers? And given the importance of reliable transportation, why is not the public demanding such coverage? The answer is that both auto insurers and the public know that such insurance can not be written for a premium the insured can afford, while still allowing the insurers to stay solvent and make a profit. As a society, we intuitively understand that the costs associated with taking care of every mechanical need of an old automobile, particularly in the absence of regular maintenance, are not insurable. Yet we do not seem to have these same intuitions with respect to health insurance.

If we pull the emotions out of health insurance, which is admittedly hard to do even for this author, and look at health insurance from the economic perspective, there are several insurances from auto insurance that can illuminate the design, risk selection, and rating of health insurance.

Auto insurance comes in two forms: the traditional insurance you buy from your agent or direct from an insurance company, and warranties that are purchased from auto manufacturers and dealers. Both are risk transfer and sharing devices and I'll generally refer to both as insurance. Because auto third-party liability insurance has no equivalent in health insurance, for traditional auto insurance, I'll examine only collision and comprehensive insurance – insurance covering the vehicle – and not third-party liability insurance.

Bumper to Bumper

The following are some commonly accepted principles from auto insurance:

* Bad maintenance voids certain insurance. If an automobile owner never changes the oil, the auto's power train warranty is void. In fact, not only does the oil need to be changed, the change needs to be performed by a certified mechanic and documented. Collision insurance does not cover cars purposefully driven over a cliff.

* The best insurance is offered for new models. Bumper-to-bumper warranties are offered only on new cars. As they roll off the assembly line, automobiles have a low and reliably consistent risk profile, satisfying the actuarial test for insurance pricing. Furthermore, auto manufacturers usually wrap at least some coverage into the price of the new auto in order to encourage an ogoing relationship with the owner.

* Limited insurance is offered for old model autos. Increasingly limited insurance is offered for old model autos. The bumper-to-bumper warranty expires, the power train warranty historically expires, and the amount of collision and comprehensive …

Mar
13

Understanding Free Homeowners Insurance Quotes

As a shopper for insurance for your home, you undoubtedly want to know the most direct route to getting the coverage you need at a price that will not keep you up at night. This can be achieved most easily by taking advantage of free homeowners insurance quotes. If you have never gotten insurance quotes before, take a moment to read through this article to get a basic understanding of what they are and what they can offer you.

What are Free Homeowners Insurance Quotes

Quotes for homeowners insurance are simply price quotes for specific insurance coverage for your home which are based upon the specific circumstances related to your home and its geographical location. Quotes are free and non-binding. They are simply a shopping tool to allow you to compare the rates of homeowners insurance to find the best deal available. Quotes can be obtained in person at a local insurance company office, over the phone or online. Online quotes are becoming the most popular because of their convenience, time savings and ability to gather more than one quote at a time.

Why Do Companies Offer Free Homeowners Insurance Quotes

Insurance companies offer free rate quotes in order to provide you, the customer, a way to compare their offerings with the competition. Some seek to offer the lowest price, while other companies strive to offer the best combination of price and service. It has gotten to the point in the insurance industry, that if a company does not offer free homeowners insurance quotes online, they risk being skipped over by consumers. Some consumers are concerned of a scam involved somewhere in the process because the quotes are free, but you can rest easy. Online rate quotes are simply a low-cost marketing tool for insurance providers that also provide a great benefit for you.

What Type of Homes Are Eligible for Free Homeowners Insurance Quotes

Virtually any type of home is eligible for a free insurance quote. Standard stick-built homes, mobile homes, double-wide homes, duplexes, condominiums and apartments are eligible for quotes. You can also get a quote for renters insurance if you wish. If you need to insure it, you can get quotes for it.

Effective Use of Free Homeowners Insurance Quotes

In order to effectively make use of quotes for home insurance, you must be sure to provide accurate information. Insurance companies are not bound by the quotes they offer, so if the information you supply is not accurate, you will not get an accurate quote. All information will be verified, so once the information is verified, quotes may change to reflect accurate data. You will also want to make sure that you compare like policies from company to company to make sure the comparison is accurate. This means using the same coverage options, coverage amounts, and deductibles. Free homeowners insurance quotes can be really handy and can save a significant amount of money on premiums if they are used wisely.…

Mar
10

Strategies for Success

Holy Shenanigans! More STUFF?

Loosing one's business due to lack of personal control is a sad thing. I've watched many people do just that. Recently, a friend told me that her only money is in her business account and she's been using it rather freely. The business is losing money. It's going under, because it can not support itself. She has another income, but she's not living within her means.

So, what is she buying with 'her money'? Frivolities, unnecessary trivialities, and 'bargains'. She and I have discussed the 'bargains' she buys. She's got more STUFF than any ten people NEED, and she still buys because it makes her 'feel good'. The fact of the matter is, she owns a big old building completely full of 'STUFF' she refuses to 'sell' because it's got personal value, and it's important to her, but the roof is falling in on the building, pigeons are in the building pooping on all of her prized possessions, so she buys more 'STUFF' to solve the problem. Ten dollar swimming pools to keep the rain from dripping onto her antique furniture and collectibles, plastic to cover them. Meanwhile the mice are eating through the upholstery and gnawing through the antique woods.

The reason she does this – is it provides her with emotional 'security'. As long as she has 'STUFF' she has 'security', she thinks. In the mean while, she's working at a job to support her 'STUFF' habit, and losing her business, because she's wasting the money from her 'business', instead of using it to build a business that would eventually support her – if she did not have all that 'STUFF' draining her income. She does not have security; she has 'STUFF' being ruined by the frivolous manner in which she is spending her money.

To say she is eccentric, actually only gives credence to her behavior. The fact of the manner is, she does not have the money to be eccentric. She has 'STUFF' which is not going to get her anywhere, because her 'STUFF' is not appreciating, it's getting ruined. She has friends, but she does not listen to them, she has to have her 'STUFF'. I'm actually afraid my friend is going to be a lonely old person taking care of her 'STUFF' because she just can not quite realize that she needs to build relationships with people, and let go of her 'STUFF'.

One time, I even ask her about 'friends' and she responded she does not have anyone she can trust. I can understand why. She's worked her entire life to develop a relationship with her 'STUFF'. I consider her a friend, and I have gone the extra mile to make our friendship work. I wonder sometimes at my dedication to the friendship – because sometimes I feel like I'm working toward a dead end. Particularly when it comes to her business. I worked for nothing at times while I attempted to help her get her business up and …