An Aftermarket Auto Warranty Can Help Cover The Cost Of Your Lengthy List Of Repairs And Maintenance

Cars have become an essential part of our daily lives. They are our main source of transportation and we rely upon them to get us from point A to point B. Since cars are such a necessity, it is essential that they are properly cared for by performing all necessary repairs and maintenance.

Each time we bring our cars to the mechanic to get work done on them, we are often informed that there is more than one issue that needs to be taken care of. When this happens, it is good to be prepared with a good quality aftermarket auto warranty.

You cannot always predict what problems the mechanic will find with your car when you take it into the shop. There is always the possibility that an unexpected issue will arise. Additional repairs and maintenance all add up and can make any visit to your mechanic a costly one. An auto warranty will help to cover the costs of maintenance and repairs, which will save you a lot of money and leave you worry free when you send your car to the shop. Lastly, be sure that all maintenance and repairs performed on your car are done in a shop that is reputable and that will give you your repair estimates in writing before any work is actually done on your car.

 

4 Ways to Get Financially Fit in Your 40s

Many people in their 40s are facing an uncomfortable fact: They simply aren’t where they’d hoped to be financially. Fortunately, all their life experience can help correct for past mistakes.

“There’s a different trigger moment for everybody,” says Jay Howard, financial advisor and partner at MHD Financial in San Antonio, Texas. “But regardless of when it comes, people find themselves looking down the barrel of a gun as they consider retirement.”

One challenge is that it’s impossible to advise 40-somethings based on tidy “life stage” demographics. Some are just starting families, while others are sending offspring to college. They’re married, single, divorced, and just about everything in between.

But for those still grappling with financial instability, these four principles can help in moving forward with confidence:

1. Acknowledge what you’ve done right. 
It could be one great decision sandwiched in between some fails, or just a single good habit that can mitigate the impact of a host of wrongs.

Take the example of Kiera Starboard, a 46-year-old controller at a San Diego software firm. A mom to two adult sons and a teenage stepson, she always made having sufficient life insurance—both term and permanent—a priority, the result of her previous training as a financial advisor. “Even if it was tight, I made the payments,” she says. “It was a priority for my family’s sake, and for my own peace of mind.”

Unlike the 40% of Americans who have no life insurance, Starboard was protected when the unthinkable happened last August. Less than two years into her marriage, her husband, Steve, was killed while riding his motorcycle to work—one month after they purchased a small, additional life insurance policy to supplement his employer coverage.

“To have had to deal with financial stress on top of everything else, it would have been unbearable, incapacitating,” says Starboard. “My stepson and I are certainly in a much better position today than we would have been, had Steve and I not followed the advice I used to give to others.”

2. Take action to shore up the decades ahead. 
For many, the hardest part can be learning to put your own long-term future first—sometimes for the first time in your life.

“I see people focusing on their kids’ college savings, and not enough on retirement or an emergency fund for themselves,” says Starboard. Many advisors point out that kids can borrow for college if necessary, but no one can borrow for retirement.

The most important step is clear, says Howard: “You must have a written financial plan, period. Because that plan will dictate what you must do to be successful for the entirely of your life.

“The financial plan is your road map,” he continues. “In it will be your portfolio requirements, your savings goals, and your insurance-related needs.”

Finally, make sure your plan takes inflation into account, commonly estimated at 3% a year. Says Howard, “Inflation is the silent assassin that eats away at your nest egg.”

3. Apply the hard-fought wisdom you’ve gained.
“Treat the numbers determined by your plan—such as monthly savings—as bills that need to be paid,” advises Howard. When money comes in, it’s easy to start thinking of a new kitchen or a trip to Tulum. “Just be patient and keep the bills paid.”

Using that wisdom also applies to the big stuff. As the executor to her husband’s estate, Starboard has held back making any major decisions. “In a prior loss, I committed to real estate transactions and other things prematurely. At the time, it really felt like the right thing to do but my grief clouded my perception. I had a painful, expensive learning lesson.”

4. Focus on your shining future—really.
Forward thinking is an essential part of your financial plan, says Howard. “Get help really envisioning what kind of retirement you want. For each aspect, really drill down. For instance, where do you want to live? Do you want to be near your grandkids? Will you have the money to go see them? How often? It’s not just financial planning, it’s life planning.”

If all that forward thinking feels presumptuous, Howard recalls the eminently quotable Yogi Berra, who once said, “If you don’t know where you’re going, you might not get there.”

And finally, remember the simple refrain: it’s never too late.

What To Avoid In Your New House

When it comes to buying property, there are key things you need to look out for and avoid. I have listed below common maintenance issues which are inside and outside of the property that you need to be aware of and the average cost to fix them.

Japanese Knotweed

Japanese Knotweed is an invasive weed that if allowed to get out of control can spread and damage garden walls, pathways and given the right circumstances affect your home. If it is found growing in the garden, then a specialist knotweed remover must be contacted. The average cost to fix is between £5000 and £20,000.

Retaining Walls

In some occasions, garden walls aren’t built to the same standard as the main building. If the walls aren’t built correctly, there’s a risk that they can become unstable. You need to look to see if the wall is leaning of if there is cracking in the wall. The average cost to fix is between £1000 and £6000.

Roof Tiles

The roof is designed to protect the property from water getting into it so any breaks in the surface need urgent attention. Modern properties should have a second layer of roofing felt which prevents immediate entry by water, however older properties are unlikely to have that second layer. You need to look for any damp patches on roof and any displaced tiles. The average cost to fix is between £1000 and £5000.

Gutters

Overflowing gutters are usually caused by falling leaving or other debris that have collected. Regular dripping onto woodwork can cause it to rot and on solid walls the dampness can penetrate and damage internal plaster work and cause internal timbers to rot. The average cost to fix is between £500 and £2000.

Ceilings

There are two types of rot that affect woodwork which includes wet and dry. The main difference being that wet rot requires persistently higher levels of dampness than dry rot. Both types of rot will damage the wood, but wet rot can be dried out and repaired in some cases, whereas dry rot is more complicated and expensive. The average cost to fix is between £5000 and £10,000.

Windows

Leaks around the window could mean poorly maintained or rotting timber window and door frames. You need to look for brittle or cracking sealant around the frame. The average cost to fix is between £1000 and £4000.

Floors

Usually, in older homes the joints supporting the timber floor are bedded into the walls of the property are the ground level. These can become damp and rot. Ignoring this can lead to the floor collapsing as the timber ends get eaten away by the wood rotting fungus. The average cost to fix is around £500 and £2000.

Bathroom

Baths or showers where the sealant has failed is a common problem that can cause significant water damage. The sooner you get this sorted out the cheaper it will be as there will be less damage. The average cost to fix is less than £550.

Six Essentials Your Loved Ones Won’t Have to Worry About if you Have Term Life Insurance

Term life insurance is less expensive than you likely think.

The thought of getting life insurance doesn’t appeal to everyone. Many people view it as yet another expense to bear. According to the 2014 Life Insurance Barometer Study by Life Happens and LIMRA, 63 percent of people without life insurance don’t have it because they believe it’s too expensive. Fifty-nine percent haven’t purchased life insurance because they have other financial priorities.

But only 10 percent think they don’t need life insurance. That leaves an awful lot of people who believe they do need it without the peace of mind of knowing that if they met an untimely death, their families would be secure financially.

Not all Life Insurance is Unaffordable

If the cost of life insurance has deterred you from getting a policy, consider researching term life insurance options. Term life is the most basic and affordable type of life insurance out there. Compared to permanent varieties of life insurance, term life enables you to purchase the greatest amount of coverage for the lowest premium.

Unlike permanent life insurance policies (whole and universal), term life policies cover you for a specific period of time (a term). If you were to die before the term of your policy expired, your beneficiaries would receive a payout. Typical term lengths are 10, 15, 20, 25, and 30 years. The shorter the term, the lower your premium.

Term Life can Give Your Family Less to Worry About

During what would be an extremely difficult time emotionally, a term life policy could help alleviate some of the financial hardship your family might face if you were no longer there to help provide for them.

A death benefit from a term life policy could help your loved ones pay for one-time and recurring expenses such as:

  • Your funeral costs.
  • Rent or mortgage payments.
  • Automobile loan payments.
  • Utility bills.
  • Groceries.
  • Your children’s education.

And term life could also help cover your spouse’s lost wages when missing work during the grieving period.

None of what I mentioned are luxuries; they’re necessities that, if not addressed in advance, can add up and put a strain on your family’s financial well-being.

If you’re concerned that your loved ones might struggle to make ends meet if you weren’t around, consider finding out more about the peace of mind term life insurance can provide. You can easily and quickly get an initial assessment of how much coverage your family might need via this online life insurance needs calculator. And you can find out how affordable term life can be by getting a no-obligation quote online.

When Buying A Car Do A Proper Test Drive And Purchase An Auto Warranty

A test drive is important to do when buying a car. When doing the test drive, you have a limited amount of time to make some extremely important decisions about the car. Perform a proper test drive by looking out for the following things:

First, make sure you take you time when doing the test drive. Be sure that you walk around the vehicle a couple of times and make sure your check the trunk as well. Make sure that the trunk is big enough to meet your cargo needs. In addition, look for problems that will affect visibility and check to see if the fenders flare out.

Next, it is time to take it for a test drive. While the car is in park, be sure to adjust the seat and the steering wheel. Also, this is the best time to test the radio out and play with all of the buttons and knobs on the dashboard to make sure they are all working properly.

When you finally take the car out on the road, choose a route that provides variety. Drive in traffic that requires both left and right turns, drive in the parking lot, and drive on the highway. This will allow you to see how the car drives at both high and low speeds and it will help you determine visibility. Make sure that you tune into all of your senses and really make sure that the car meets all of your needs and is right for you.

Lastly, even if the car passes all of your tests, make sure that you go and test-drive a few more. You do not want to just buy the first car that you see. Investigate your options before making a final decision. However, once you make your final purchase, be sure that you protect your investment by purchasing an auto warranty as well.

 

A Few Things That You Need To Know About Home Warranties

A lot of people don’t really know what a home warranty is let alone what it’s used for. Few have a vague idea. As far as these few know, a home warranty is just another type of coverage, something like a homeowner’s insurance, the latter being a term that most people know of. In this article, we’ll touch on the basics of home warranties, what they are, how much they cost and who pays for them.

What is a home warranty?

Like we mentioned just above, a lot of people tend to confuse home warranty with homeowner’s insurance. While a homeowner’s insurance insures a person’s house against serious damage such as fires and robbery, a home warranty is limited to select appliances, such as your windows, your furnace, and other home appliances.

How much do they cost?

The cost of a home warranty can vary from company to company, but you can be assured that they’re not very expensive. Certain plans may range between just a few dollars a day. It depends on the amount of coverage provided by the policy. Also, the more the appliances covered, the more expensive the policy may get. So anytime you find an appliance that needs to be replaced, all you need to do is call your company, you can get it fixed or replaced for a certain service charge.

Who pays for the warranty?

In many cases, the seller usually offers the buyer of the house a home warranty so that any undue damages can be affordably fixed. But if you are the first owner, you can buy a warranty by yourself.