How to Plan For Out-of-Pocket Healthcare Costs is a post originally published on: Everything Finance - Everything Finance - Its all about Money! Navigating the complex and often costly maze of healthcare can be a daunting task, particularly when you are a working family. High-deductible insurance plans, co-pays, and prescriptions are just a few of the out-of-pocket costs that can catch you off-guard and destabilize your finances. Healthcare costs can be tricky because they are usually very necessary and we all want to prioritize our health. This is why it’s best to prepare several options ..read more

What are IULs is a post originally published on: Everything Finance - Everything Finance - Its all about Money! Indexed Universal Life Insurance (IUL) is a fascinating financial product that combines the protection of life insurance with the potential for cash value growth based on the performance of a market index. Unlike direct investments in the market, IUL policies provide a floor that protects against loss, while also capping the maximum gain. Let’s dive into the nuances of this insurance product through a Q&A format, and afterwards, we’ll create a visual to help illustrate how it wo ..read more

What Are the Cheapest States For Car Insurance? is a post originally published on: Everything Finance - Everything Finance - Its all about Money! The average American pays $2,008 per year or $167 per month for full-coverage car insurance. For minimum-liability coverage, the average cost is $627 per year or $52 per month. Car insurance costs vary widely by location due to each different state’s minimum insurance requirements and laws, local risk factors, and more. What are the cheapest states for car insurance?  Below we will show the average full-coverage car ..read more

How to Choose the Best Mortgage Lender is a post originally published on: Everything Finance - Everything Finance - Its all about Money! A mortgage lender is a financial institution or individual that provides loans to borrowers for the purpose of purchasing real estate. Mortgage lenders offer funds to borrowers in exchange for a lien on the property being purchased, which serves as collateral for the loan. Mortgage lenders can include banks, credit unions, mortgage companies, online lenders, and private individuals. Each type of lender may offer different loan products, interest rates, and te ..read more

How to Start a Travel Savings Fund This Year is a post originally published on: Everything Finance - Everything Finance - Its all about Money! Seeing the world can be an essential part of a fulfilling life. However, travel can often feel out of reach due to financial constraints. From the cost of flights and gas, to lodging, food and activities, the idea of planning regular family vacations or a trip with friends can seem out of reach. One of the things that has helped me balance my desire to travel with the need to pay off debt and budget my money well has been creating a travel savings fund ..read more

How to Make an Extra $300 Per Week From Home is a post originally published on: Everything Finance - Everything Finance - Its all about Money! Are you looking for ways to boost your income without having to leave the comfort of your home? In an age where digital connection and online apps are at its peak, there are several opportunities for you to make $300 per week without a massive upfront investment. Plus, earning extra money is nothing new and some traditional methods can also work for you as well depending on your situation. Life has gotten more expensive for many families this past year ..read more

Understanding Mutual Funds: A Beginner’s Guide to Investment Diversity is a post originally published on: Everything Finance - Everything Finance - Its all about Money! Q: What are Mutual Funds and How Do They Work? A: Imagine you and a bunch of friends want to invest in the stock market, but none of you has enough money to make a big impact individually. So, you all pool your money together and hire an expert to manage it. This is the basic idea behind a mutual fund. A mutual fund is a financial vehicle made up of a pool of money collected from many investors. The fund manager invests this p ..read more

National vs. Local Mortgage Lenders: Which is Right For You? is a post originally published on: Everything Finance - Everything Finance - Its all about Money! There are so many decisions to make when you’re ready to buy a home. You will need to determine your budget, the area you want to live in, if you want a fixer-upper or a move-in ready home, and more. These are major decisions you will need to consider before your big purchase.  One of the less exciting things you will also need to decide as well, is which of your choices of mortgage lenders will you choose? So what do you need to kn ..read more

What is Cryptocurrency? is a post originally published on: Everything Finance - Everything Finance - Its all about Money! Cryptocurrencies have taken the world by storm, but what exactly are they? Let’s dive into this digital currency world and make sense of it all. Q: So, what is a cryptocurrency exactly? A: In simple terms, a cryptocurrency is a form of digital or virtual currency that uses cryptography for security. Unlike traditional currencies issued by governments (like the dollar or euro), cryptocurrencies operate on decentralized networks based on blockchain technology—a distributed l ..read more

10 Best Online Investing Courses is a post originally published on: Everything Finance - Everything Finance - Its all about Money! Investing is the act of committing money or capital to an asset, financial instrument, business, or venture. By investing you have an expectation of generating income, or profit over time.  Overall, learning about investment is essential for building financial literacy, making informed investment decisions, and achieving long-term financial success. By educating yourself on investment principles, you can better understand the investment landscape and work towa ..read more