POST CATEGORY : Finance

The Importance of Comprehensive Car Insurance

Many of us have to purchase auto insurance at one point in our lives. However, before you contact your insurance agent, it is always a good idea to educate yourself about the various types of coverage that may be included in your policy.

Choosing car insurance

For example, comprehensive insurance generally covers your vehicle if you’re a victim of theft, fire, vandalization, or a weather incident and when paired with collision coverage, it is often referred to as having full-coverage insurance.

Before you purchase personal or commercial car insurance, here’s what you need to know about comprehensive coverage.

What is Comprehensive Coverage?

In simple terms, comprehensive is first-party coverage that generally pays to repair or replace your vehicle if you’re involved in an incident that isn’t part of a collision.…

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What’s the Best Way to Preserve Wealth? Gold or Bitcoin?

The COVID-19 pandemic has affected the world in many ways. Many people are forced to stay at home, imposing self-quarantine and social distancing rules to contain the spread of the virus—but that’s only one of the effects of the virus.

Wealth preservation during the pandemic

The crushing effects of the pandemic on the economy

It’s no secret that the American economy is dealing with devastating repercussions from the spread of the virus. Industries are suffering heavily—entertainment, retail, travel, education, and hospitality, to name a few. Alongside the social distancing laws being implemented, what does an average American have to do to protect himself/herself financially?

As a result of the recent market crashes and downturn of the economy, some Americans are feeling insecure about the value of the U.S.…

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A Definitive Guide to the Best Sales Tax Software for Small Businesses

Only five US states don’t have sales tax. If you operate in any of the other 45, then you’ll need to spend some time collecting and accounting sales tax.

Businesswoman using sales tax software

photo credit: Andrea Piacquadio / Pexels

Today’s technology can make dealing with sales tax a lot easier for small business owners like you. The right software can make a world of difference.

Ready to get started? Use the guide below to discover the right sales tax software for your small business.

The Contenders

There are plenty of sales tax software choices out there. Some of them are geared at big businesses, while others are more focused on small business.…

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5 Tips for Better Retirement Planning

We all want to make sure that we are fully-prepared for retirement. While it can often seem so far away, retirement can soon come creeping up on you.

Retirement planning

So how can you plan for your retirement a little better? How can you make sure that when you’re 70, for example, that you have enough pension to survive? Don’t worry, this article will show you how you can plan for your retirement a little better.

Start Planning Today

If you’re worried about not having enough money for your retirement you need to start planning. The sooner you make a plan, the sooner you can start to contribute to your retirement.…

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How to Choose the Best Commercial Insurance in the ‘New Normal’

The world of commercial insurance has changed. The current pandemic has meant that normal working practices have been shelved. Fewer employees are working in the office, if at all, and companies have had to think about new ways of working.

Getting commercial isurance for your business

When it comes to choosing the best commercial insurance for the ‘new normal’ you’ll need to re-think. Perhaps you no longer need the same kind of commercial insurance as before. Perhaps you now need commercial insurance that covers things you never thought you’d need to worry about. This is where this article can help. It contains tips that can help to choose the best commercial insurance in the ‘new normal.…

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What Are The Traits Of A Good Investment Opportunity?

Investors around the world spend millions every single year injecting capital into businesses with potential. Some of these businesses are large corporations, others are SMEs that are showing growth in the early stages. For any investor, there are a few things that must be considered in order to determine whether an investment opportunity is good or not.

Analyzing investment opportunities

photo credit: Pixabay

Below, we are going to look at some of the common traits of a good investment opportunity. Read on to find out more.

Long-Term Viability

No investor is going to inject their money into a business that does not have the potential to last for a long time.…

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How Can You Unlock Your Financial Potential? It Starts with Credit, According to Colin Yurcisin

We’re expected to pay taxes, make payments, take out loans, review interest rates, and manage credit cards the moment we’re thrust out into the world after high school. It can be a heavy amount of information we are expected to learn once we hit the age of 18, considering our basic education does not cover the ins and outs of financial literacy today.

Business credit financing

More important than loans or rates is one measurement of financial trustworthiness that can make or break your future, according to finance entrepreneur Colin Yurcisin. It’s known as credit.

When individuals fail to pay back loans, accumulate more debt than they can pay off, and make poor financial decisions at a young age, they impact their credit score in a damaging way.…

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Benefits Of Getting Online Payday Loans

Chances are you’ve already read warnings everywhere about the risks of taking out payday loans, including getting one from online lenders. A lot of people believe that borrowers can be entrapped into a financial mire by getting this type of loan.

Getting online payday loans

The truth is that there are really instances wherein individuals who are looking for short-term loans, like a payday loan, fall into the hands of shady, predatory online lenders. However, it doesn’t mean that lenders that let you borrow money within the law’s bounds don’t exist online.

Payday loans are one of the several types of short-term loans. This loan type is perfect for emergency purposes because of the quick access to funds.…

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Reasons to Invest in Stocks That Pay Monthly Dividends

As a CEO, it’s important to consider dividend stocks as an investment option. To do so, you need to understand what this investment entails, the benefits it provides, and how to approach the investment process. Read on to learn more about dividend stocks and why you should consider investing in them.

Dividend stocks

Image via Flickr by lendingmemo_com

What Are Dividend Stocks?

Dividend stocks are profit distributions made by a corporation to its investors in the form of company shares or payouts. Dividend stocks are a solid way to earn passive income and diversify your portfolio. Though quarterly and annual payouts are the most common, dividend stocks can also be paid out monthly or semi-annually.…

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How Small Business Leaders Can Make The Most of Their Budgets

It’s no secret that we’re going through a volatile time and small businesses are feeling the sharp end of it. The key to surviving and – dare I say it – even thriving in the coming months is to make the most of your resources.

Business budgeting

Given that the pandemic has cost the average small business over £11,000 in lost takings and extra expenses, having a budget and optimizing it is essential. Especially when, as the pandemic hit, most businesses only had enough spare cash on hand to last two to eight weeks.

So, moving forward, how can business leaders ensure that every pound of their budget is well spent?…

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