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In all honesty, I don’t trust myself never to touch any savings I start for my youngster’s college education. Isn’t an endowment policy the answer for someone like me?

answer:
Frankly, endowment policies are hardly the answer for anyone. The big sell will have you believe that they are great for education planning (it’s that “forced savings” sales talk again), but be wary. Remember that an endowment is simply an ordinary life insurance policy that you pay off in a fixed period, usually 15 or 20 years. Even if you start a 20-year endowment when the first squall comes from the cradle, you won’t have cash-in-hand at the start of college. It’s an expensive way to save, too, because interest rates are among the lowest there are, and premiums are comparatively high. Endowment policies also give scanty life insurance protection.

If you still resort to insurance “forced savings”, it makes sense to add an “endorsement” to your policy for a small additional charge. Then, if you die or become too disabled to work, the cash value won’t be lost. You won’t have to pay any more premiums, but your beneficiary will still collect when the policy comes due.

We would like to put our children through college, but before we start making plans for financing them, I’d like to know if their chances of a college education are good in US.

answer:
This high college entry rate often represents great sacrifice on the part of parents. More and more parents, it seems, take it as a matter of course that their children must have a university education, and plan family goals in that light. However, some youngsters don’t in the least want more schooling—and, perhaps, would be happier going directly to work, or taking a short technical or vocational course, right after high school. Shouldn’t you think about the possibility of not sending your children to college? If, for example, your son is dead set on being a policeman, or your daughter wants only to be a forest ranger, then they don’t need classes in mid-18th-century French literature. Don’t force such youngsters to go to college—it will only make them miserable for four years of their lives. Of course, you must be as sure as you can that they are settled in their decision; but even if they have second thoughts later, all is not lost. Since the post-World War II years of heavy enrollment by mature veterans, it’s a common sight to see older students enter college as freshmen.

It represents one of our favorite times of the year.  During the holidays, people travel quite a bit to see friends and family.  They also shower each other with gifts befitting the season.  That can add up to a significant amount of money.

Now, let’s revisit the gift situation for a moment.  What is a gift befitting the holiday season? First of all, it would be a gift that we could afford to give to those special people in our lives.  Each year people go into debt buying gifts for loved ones.

At the end of the holiday season we promise ourselves that we won’t do it again….until the next year.  Could it be that we are trying to “keep up with the Jones’s?” or, we don’t want to look like cheapskates compared to Aunt So and So or Uncle Richie Rich.

It takes us several months to settle the credit card bills created the previous year.  This is a vicious cycle that only leaves us dreading the season that normally fills us with love and cheer.  This time around, keep that promise to make the season bright not by going into hock but by using some sensible tips and advice to plan a joyous holiday that everyone can be proud to share in.

In this report we will be referring to the holiday season as that of Christmas.  Thanksgiving is considered a part of the holidays since it is only a month before Christmas and the biggest shopping day of the year.  But, the majority of the money is spent in preparation for December 25th.  In this Holiday tipping guide report we will discuss managing your money as it relates to:

* Before the holidays
* Holiday decorations
* Holiday food
* Holiday Gifts
Read the rest of this entry »

Do you find yourself worrying about holiday debt and it’s not even the holidays anymore? Creative Ways to Eliminate Holiday Debt is a surefire way of starting off on the right step with the holiday season.

That feeling of overwhelming stress can actually give you panic attacks, depression and even upset your marriage. No one wants that in their life. The holidays are to be filled with joy, not anxiety. This book will not only help you with getting out and staying out of holiday debt, but it can help you have a stress-free, peaceful life that you deserve to have.

Creative Ways to Eliminate Holiday Debt will help you face the hard facts of just how much debt you are in, how much you truly owe, and how to start working towards paying it off. With the easy step-by-step guide that Kris Roop gives you in this book, you’ll be paying off your debt and keeping it at bay in no time.

In this guide you will discover:

• How do we get into holiday debt in the first place?
• How to create a budget
• Tips on saving money and finding new money
• Strategies for dealing with the credit card companies, such as finding the best interest rate
• Creative ways to keep holiday debt from coming back
• Much, much more!

Studies show that about 19% of American homeowners owe more than $100,000 and about 43% of American families spend more than they earn. Start facing your debts, find a plan, and take action with The Creative Ways to Eliminate Holiday Debt guide.

Each year, more people go into debt with their holiday spending.  It isn’t just the gifts, but the decorations and meals as well. Everyone wants to have a memorable holiday and make it special for all involved, but you don’t have to spend a lot to do so.  There are many ways to have a wonderful holiday without breaking the bank.  In Mary Hunt’s Debt Proof Your Holidays, she shares great tips for not only saving money, but having a delightful holiday with your family and friends.

Gifts: When it comes to gift giving, people tend to go overboard thinking they have to spend more to prove they care more.  This simply isn’t the case.  Make changes as a family, and it will help everyone spend less.

Make gifts instead of buying them – A handmade gift or card always means more.

Do no use credit cards – There are ways to purchase larger gifts and still avoiding the credit card trap.

Creative gift wrapping – Instead of store bought paper and ribbons, make your own.

Decorating: There are many simple things that can be done to create a festive mood around the house. Making your own decorations or finding a good sale are only the beginning.

Use things you already have around the house.
Don’t buy all new decorations each year.
If you have to have “new” things, buy them at after holiday sales.

Meals: Holidays and meals seem to go hand in hand with most families.  In addition to overeating, we tend to overspend so create simple recipes and show within your budget.

Mary Hunt’s sense of humor, combined with her money saving tips, make this book a sure winner and a big help to those wanting to save money and still enjoy their holiday season.

Use your account regularly, for the best reasons, and when you reach its limit, exceed it slightly. You will then be hauled in front of the expense tribunal, at which you say, “I’m sorry, but my trip to Seattle brought in all kinds of new business. Perhaps I’ll stay home next time.” You will receive glares, murmered admonishments, and the clearance to continue your slightly aggressive ways. Next month, exceed it by even more. The accounting gods will soon learn that the only way to soothe your jabs is to expand what’s permissible to you. Chances are you’ll also get a promotion to justify this decision. Congratulations!

I Just inherited $250,000, How should I invest it?

answer:
“Baby boomers are set to retire in huge numbers in the next 5 years,” says Emily Card, author of Managing Your Inheritance, “and the Sun Belt is where they’re heading.” Card recommends investing in raw land. as it minimizes the amount you pay in property taxes and saves you the headache of dealing with tenants and maintenance issues. “But any type of real estate will do,” says Card. “When you take into account all of the possible tax breaks, it outperforms every other type of investment. Period.”

If dealing in land makes you nervous, however. Card suggests buying government securities through treasurydirect.gov, the only financial-services Web site that lets you buy and redeem everything from Series EE Savings Bonds to Treasury Notes directly from the U.S. Department of the Treasury. “There’s also no overhead charge, so you’ll save the 1 percent management fee you’d normally pay if you bought into mutual funds,” says Card. “Plus, it’s backed by the full faith and credit of the U.S. government, which has never defaulted on this type of obligation.”

1.Because, if he can prove that you are “academic qualifications”, then it’s likely, will be responsible young adults, rather than the potential cost of thousands of dollars.
Most summarize all this, if you can bear the responsibility, you can save some money.

2.It encourages students who want to take advantage of a discount to meet requirements

3.Insurance companies, the risk of seeing very carefully, and good students are now less risky for them. Discount proposal will remain profitable for the company

4.It creates positive publicity for the company.

Let us say that the company is cheaper than others, but it would be better if we were told that this is the best company for settle ling claims does not matter if they were a few pounds more expensive don’t you agree

1. Yes, I agree with you and confused.com and, as others do not even do what they claim to do that, you can get cheaper insurance, if you look around you confused.com lists only company willing to pay for them.

2. all they are doing the same, yet the use of search engines. some may ask comparison companies, but will not be many of them.
I tend to use money supermarket and confused, and then compare between them. What I found car insurance, travel insurance and cheaper to MS and safe house in C.
I agree that there should be a classification for each company to choose, but you do not. I think this is enough to ensure the ratings and is now branching to provide comparisons of more things. Try them well.

3. There are many like them, but just compare prices – and only for a limited number of companies. Insurance companies generally do everything possible to avoid paying claims – but little with the phone in the wheel that raised the art form.

Most heаlth cаre providers need to buy professionаl liаbility insurаnce. Neаrly аll stаtes require thаt physiciаns hаve liаbility insurаnce. Even in stаtes thаt don’t, physiciаns usuаlly hаve to hаve insurаnce coverаge in order to get privileges to see pаtients аt а hospitаl. In some contexts, however, physiciаns cаn choose to “go bаre.” In Floridа, for exаmple, it is estimаted thаt аbout five percent of physiciаns cаrry no liаbility coverаge.
Physiciаns usuаlly buy their insurаnce from а commerciаl compаny or а physiciаn-owned mutuаl compаny, either individuаlly or through а group prаctice. Hospitаls аnd other heаlth cаre fаcilities purchаse their own insurаnce, аnd hospitаls thаt directly employ physiciаns typicаlly buy а policy thаt covers both the hospitаl аnd its medicаl stаff. Physiciаns employed by the federаl government don’t buy insurаnce; if they аre sued, the suit is brought аgаinst the federаl government, which insures itself. Some stаte-employed physiciаns receive coverаge from the stаte.

Premiums for mаlprаctice insurаnce vаry with the provider’s degree of risk, but experience rаting is not widely used.
Insurers set premiums on а prospective bаsis bаsed on: 1) their expected pаyouts for providers in а pаrticulаr risk group; 2) the uncertаinty surrounding this estimаte; 3) their expected аdministrаtive expenses аnd future investment income; аnd 4) the profit rаte they seek. They use informаtion on pаst losses аnd expenses, combined with other informаtion, to help them set rаtes.

Physiciаn professionаl liаbility insurаnce does not work like аuto insurаnce, which is generаlly experience rаted. When а motorist hаs а clаim, his insurаnce premiums go up. Physiciаn mаlprаctice premiums, by contrаst, аre usuаlly priced аccording to the physiciаn’s speciаlty аnd geogrаphic locаtion only (some insurers аlso consider number of hours worked аnd types аnd setting of work within the speciаlty). Experiments with individuаl experience rаting hаve not worked becаuse physiciаns’ clаims experience is too vаriаble over short time periods, mаking it difficult to produce аn аctuаriаlly stаble estimаte of their risk.

For hospitаls, some degree of experience rаting occurs, but usuаlly no more thаn 25 percent of the hospitаl’s totаl premium is bаsed on experience. Experience rаting hospitаls is more feаsible thаn experience rаting physiciаns becаuse hospitаls’ clаims experience is more stаble over time.
Hospitаl premiums аlso vаry with hospitаl locаtion (e.g., urbаn versus rurаl) аnd the clinicаl services offered (e.g., level of trаumа cаre).
more info>> small business health insurance

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