ChristmasShip

Statistics show a big increase in the number of seniors taking out life insurance policies. 2008 has seen a big increase in life insurance as people look for more security should the worst happen and more with seniors when the inevitable happens. With some life insurance policies a medical is required and with some a medical is not required. Typically the ones with a medical offer a better rate as the health of an applicant is checked before the policy is given to them. This will reduce the number of payouts a company does and therefore they are able to offer better rates.

Life insurance for seniors has always been an area closely looked at, as the risk of death is much greater than that of a younger person. Typically the terms are much shorter and payouts are determined by how much has been paid in. I fully support life insurance for seniors I think it’s a good way for them to have peace of mind but also allows them to live a little, providing there is cover for sky diving, bungee jumping, etc. Enjoy Life. The website above offers life insurance for seniors, give it a look, it could be the right choice for you.

 I was looking around for a site that would provide home mortgage refinance. I came across refinance.com who offer mortgage refinance options to homeowners of all credit types.
According to their site they have a number of consultants that can find the refinance home mortgage to best suit you. There site has lots of useful tools including a mortgage calculator and the site also allows you to get a quote fairly quickly. One thing I liked is that they had an individual privacy and internet security policy.
The company itself have been about since 1989 and seem to know what they are doing when it comes to refinancing, I have come across many sites before that just don’t seem to have the credentials these guys do. In today’s mortgage climate and the credit crunch rearing is ever ugly head we will be looking for sites like this on a more regular basis. They provide information on a state by state basis, which is also very helpful the quotation process is also very simple. They run quite a few advertisements and have been featured on many of the major television networks. You could also use this site for debt consolidation and releasing home equity.

Were into February now and most people will still be paying off Christmas.

January is always a boring month. You can do very little due to the amount of money you have available. Mortgages repayments are rising, as are utility bills, council tax and insurance. It seems as though everything has risen in price. Interest rates are at an all time high, insurance premiums are through the roof and tax keeps rising.

So how do we manage all our finance if everything is going up except our wages! My best answer is budgeting and the analysis of every purchase. I cannot stress the importance of thinking… Do I need this? If I do, Is there a cheaper alternative? If not, Is it cheaper somewhere else?

Try it, You’ll be amazed.

January is here and now the Goose has settled and everyone is back at work, its time to have a look at the finances.

The credit card bill comes through and…….HOW MUCH!!!!!

If you have overspent the best advice I can give you is plan and prioritise. Sit down and look at exactly how much you will bring in, what you owe and to where. Prioritise your payments, i.e. Mortage first. Look around for another credit card that you can transfer some balance onto. If this has 0% for 3 months you can ease up on some of the repayments you will have to make this month.

My next bit of advise is analyse everything you spend… Do I really need to by this? Could I get it cheaper? Is there a cheaper alternative?

9 times out of 10 the answer wil surprise you.

This wouldn’t be a Christmas Blog without a Christmas Post!

Merry Christmas Everyone!

I hope the festive season has and will continue to be a good one into the new year.

I hope it didn’t cost you too much

Should you be looking around for a credit card deal during the run up to Christmas. Capitol One offer some great rates and deals at the moment. 0% on balance transfers and purchases for 3 months shouldbe be more than enough to help you pay off any extra spending the occurs over the festive season.

I already have a Capitol One card so I cannot partake in these deals, I may find another credit card to offload some of the balance onto. The card would need to have no balance transfer fee and obviously 0% on balance transfers. I’ll let you know if I find anything.

Rumours of a credit crunch are becoming increasingly louder as US markets crashed today. Should any banks begin to fold this could have big impacts on our Christmas savings and spending. A credit crunch would make it much harder to get credit cards and interest rates would rise to slow borrowing.

Should the markets crash it could be a hard Christmas for quite a lot of people as credit card companies especially will become increasingly stringent on who and what they lend to consumers.

There has been a large increase in the number of properties being rented after the recent rise in interest rates. More and more people are opting to rent rather than buy properties. Fears over mortgage repayments and increased utility bills are driving first time buyers down the renting route.

Christmas can be a strain on the finances and a good way to avoid rent or mortgage repayments being affected is to have a seperate account that money is deposited into each month. You can do it two ways:

a) Have a christmas account. Here you deposit a monthly amount throughout the year so that once christmas comes around most expenses are taken out of this.

b) Have a rent account. Here you deposit all you will need for rent and utilities each month. The account will never grow in amount but you know that you rent is safe every month when you look at your bank balance.