A chattel loan finances a mobile home as a piece of personal property rather than as real estate. As a result, the interest rates on these loans are often much higher than what a mortgage loan would command. This higher rate leaves the owner with a big monthly payment and a hefty amount of interest over the life of their loan. One way that mobile homeowners can lower these costs is through refinancing....
Taking a close look at your policy can help you determine whether you should discontinue some types of coverage, increase limits on other types, or add types of coverage to broaden your financial protection. A careful car insurance review can help you save money and alert you to inadequate coverage that might be putting your assets at risk. How to Check What Your Policy Covers Car insurance policies include different types of coverage, some of which are required by law or mandatory for leased or financed vehicles....
However, starting a business (virtual or otherwise) requires a fair amount of planning, funding, and time commitment. To help you navigate this process, we’ll discuss the key steps to start a business from your home, including how to find a suitable business idea; the steps to plan your business operations; how to name your company; and how to register your business. We’ll also answer some frequently asked questions about home businesses....
What Is Venmo? Venmo is a PayPal-owned payment platform that’s been around since 2009 and is currently only accessible within the United States. Venmo promotes itself as a social money transfer app that makes it easy to split costs and send and receive funds between people and businesses. You must link your Venmo account to your U.S. bank account (or a debit card that permits Instant Transfer) if you want to send money between the two....
It may seem odd to develop a business exit plan this soon, to anticipate the day you’ll leave your business, but potential investors will want to know your long-term plans. Your exit plans need to be clear in your mind because they will dictate how you operate the company. For example, if you plan to get listed on the stock market, you’ll want to follow certain accounting regulations from day one that’d otherwise be non-essential and potentially cost prohibitive if your ambitions are to quickly sell the company to a more established competitor in your industry....
Before writing this section of the business plan, use these questions to focus your research: What is the size of your industry?What sectors does this industry include?Who are the major players in this industry?What are the markets and customers for this industry?What are the industry’s estimated sales this year? Last year? The year before?What national and economic trends have affected this industry and how?What national and economic trends might affect it in the future and how?...
Sincerely, Brian Dear Brian, This is a reasonable fear to have and you aren’t alone. Studies show that most Americans don’t have enough saved for their retirement. Even if you and your spouse don’t have enough money saved, there are still ways that you can boost your retirement funds. But first, let’s see if you are in that situation in the first place. Given that most people will have fewer bills as they age because they have paid off loans, mortgages, etc....
The factors that lead to an inflationary environment are complex, but you can learn how to invest for inflation if you understand a few basic concepts. There are some methods you can use to invest and hedge (reduce risk) against inflationary economic environments. Definition and Example of Inflation Inflation is an economic term that refers to an environment of generally rising prices of goods and services within a particular economy....
Learn more about binders and when you might need one. What Is an Insurance Binder? An insurance binder is a temporary insurance policy. It’s usually replaced by a policy within 30 to 90 days and dissolves once the policy has been issued. A typical binder consists of just a page or two of information, but it’s a valid insurance contract. It incorporates all the terms and limitations in the policy, including the conditions, exclusions, and endorsements....
If you’re not a good fit for the company’s workplace culture, you may find it hard to be successful, happy, and engaged with your work. That’s a problem for you—and for the company. During interviews, you may be asked “What would be your ideal company culture?” This is an important question both for you and for your prospective employer. What the Interviewer Wants to Know Interviewers want to get a sense of your priorities and how you work....
There’s no wrong answer to this question, but you’ll want to go beyond a one-word answer stating your preference. Here’s what you need to know to answer this question well. What the Interviewer Wants to Know Potential employers ask this question because some positions require staff members to work in teams on a daily basis, while others require employees to work on their own. They’re looking, of course, to match candidates who prefer the work environment found at the company and in the role at hand....
The employer may be concerned about how you will handle the transition to a new job and company, and how you will fit in with the company culture after spending a length of time with another employer. Best Strategies for Answering Since an employer is essentially assessing your adaptability, you need to convey how you have adjusted to new situations and demands in the workplace: Take an inventory of the transitions you have negotiated in the past....
diego_cervo /Getty Images While Robinhood is not the first with such an offering and this feature, IPO Access, has reportedly been in the works for sometime, it was formally launched on Thursday. For now, only randomly selected Robinhood customers will have access to the new offering. But the company said it is working to roll it out to all its customers as quickly as possible. Buying IPO shares won’t require any account minimums....
A template will show you all the information you need to include, and will provide the appropriate format for a job application letter. You can add your information and personalize the letter prior to applying for a job. Do keep in mind that the job posting may list required information as part of the application process. If it does, be sure to follow the employer’s guidelines for what to send or upload when you apply....
Here’s a quick look at the most significant economic indicators of the day and what they tell us. Jobless Claims Slightly fewer people filed for unemployment the week ending April 16, with the number of initial jobless claims falling to 184,000 from 186,000 the week before, the Department of Labor said. It was the ninth week in a row that claims have stayed under 200,000, a very low level by historic standards....
The report, released Wednesday by gohenry, a fintech company that offers a debit card and financial app aimed at kids, shows how the pandemic has shaped kids’ finances and attitudes toward money. Gohenry found that kids between the ages of 6 and 18 racked up earnings and mirrored adults in building up savings. They also worried more about money than before the pandemic. Kids collectively earned $27.2 billion in 2020, mostly from regular allowance payments ($25....
How It Works This hypothetical example demonstrates how a retroactive date applies. Divine Designs is an architectural firm that is insured under a claims-madeerrors and omissions (E&O) policy. The company has been in business for 15 years, and has had continuous claims-made insurance coverage since 2010. The current policy runs from Jan. 1, 2020, to Jan. 1, 2021. The retroactive date on the policy is Jan. 1, 2010, the start date of the firm’s first claims-made policy....
What are employers looking for? Which are the best strengths to share with employers when you’re job hunting? It is a good idea to have a list of strengths, as well as a list of weaknesses, ready to share with the hiring manager. How to Use This List of Strengths You can use this list of strength words throughout your job search process. First, look through the list and circle the strengths that you possess, and that are also important for the job you’re applying for....
One of the great things about the internet is that you can go into business for yourself from the comfort of your home. All you need is an internet connection, and you can make money online. Diving into the online world will free you from the daily 9 to 5 grind of a desk job and afford you more time to travel, indulge in hobbies, and spend time with the family....
Buyers and sellers of futures contracts come together at the exchange. An exchange is a transparent marketplace; there, those market participants establish fair prices based on current market conditions. The current price of a futures contract is the latest price where buyers and sellers have agreed to transact. That means futures exchanges establish transparent market prices on a real-time basis. Success Depends on Buyers and Sellers Meeting Mutual Obligations The success of a futures market depends on the confidence that buyers and sellers meet their mutual obligations....
