I love
surfing the internet for information and there are some blogs I follow because
the authors really know their stuff. Here
are a few good financial articles that appeared over the Internet this week:
Retirement savings
One of
the most difficult things about saving for retirement is figuring out that
magic number. This blog post discusses the two different phases of retirement
and how to save for both.
Insurance myths
Insurance
companies are notorious for taking your money when things are good and then
failing to deliver coverage when you need it. This article discusses eight
insurance myths you should be aware of. The most interesting one? When it comes
to standard home insurance, insurance companies will only cover the depreciated
value of a household item if it's stolen or damaged. So even though your stolen
TV may have cost you $3,000, and a replacement will cost you $5,000, an
insurance company may only offer you $1,000 to replace it!
The difference between in-law
suites and rental apartments
With
today's housing costs soaring, many home owners are tempted to offset their
mortgage costs with a rental apartment. If you're buying a place that boasts an
in-law suite, however, beware. It's not the same as a rental - mainly because
it's illegal to rent out.
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