Should You Downsize Your Home? is a post originally published on: Everything Finance - Everything Finance - Its all about Money! The choice to downsize your home is a significant decision that can have both financial and lifestyle implications. Whether you’re an empty nester looking to simplify your life or someone seeking to reduce expenses, downsizing requires careful consideration. Here are some factors to contemplate when deciding if downsizing is the right choice for you. The Why and When of Downsizing Before you start measuring furniture or perusing property listings, it’s essential to u ..read more

Understanding Bitcoin: A Comprehensive Q&A Guide is a post originally published on: Everything Finance - Everything Finance - Its all about Money! Q1: What is Bitcoin? A1: Bitcoin is a digital currency, often referred to as a cryptocurrency. It was created in 2009 by an unknown person or group of people using the pseudonym Satoshi Nakamoto. Unlike traditional currencies issued by governments (like the US dollar or the Euro), Bitcoin operates on a decentralized network using blockchain technology. This means there is no central authority or middleman, such as a bank, involved in the transa ..read more

7 Fun and Frugal Family Outings to Enjoy This Summer is a post originally published on: Everything Finance - Everything Finance - Its all about Money! Summer is the perfect time for families to bond and create lasting memories. The warm weather and longer days offer plenty of opportunities to have fun together without needing to spend a ton of money. The summer season always seems to go by quickly, so it’s best to plan fun outings and activities in advance. This can also help you prepare a budget for the next few months. A frugal approach to family outings not only helps you stay within your b ..read more

9 Ways to Lower Your Car Insurance Premiums is a post originally published on: Everything Finance - Everything Finance - Its all about Money! Have you looked at your car insurance bill recently? The national average cost of full coverage car insurance climbed 26 percent from 2023 to 2024, leaving many drivers wondering why coverage has gotten so expensive. Most states require drivers to carry some level of car insurance, but the rate you pay is influenced by a variety of personal factors.  According to Quadrant Information Services, the average annual rate for a full coverage policy incre ..read more

10 Ways to Simplify Your Financial Life is a post originally published on: Everything Finance - Everything Finance - Its all about Money! Managing your finances can be stressful and overwhelming at times. I feel like the older I get, my husband and I tend to have a more complex financial situation. Things seemed much simpler and easier 10 years ago when we were living in an apartment in our college town. If you’re looking to simplify your financial life, you can definitely work toward this goal no matter what things look like today. I will say that it can seem time-consuming at first and will ..read more

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