The Degree Dilemma: Levels of Education VS Insurance Rates

Many people have heard of this degree dilemma. However, it may be surprising to some members of the general public to learn exactly what this means. Essentially, it means that anyone who has a four year degree is much more likely to pay less for their car insurance than those who are currently in college or who have no college education. There are various reasons why insurance companies do this, but it really comes down to their attempt to judge their level of risk with a particular client. If they believe a client to be at low risk for having a car accident, insurance rates are lower. Conversely, they charge higher rates for those that they believe have a higher chance of being involved in a car accident.Continue Reading

Money at the Movies: 10 Movies on Finance Worth Watching

Money is a common topic in several famous films and documentaries. Here are 10 movies made about finance, which are actually worth your time to watch.
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Home Improvement That Could Hurt Your Wallet

Since the home remodeling revolution that was ushered in during the housing boom caused a boom in remodeling, it is now common knowledge of which home improvements that could hurt your wallet. This was combined with the proliferation of reality television shows and networks that were focused on home renovation. The flameouts were so epic that people became famous for their folly instead of their expertise in the remodeling field. Because of this, overzealous homeowners found themselves in the middle of projects that were billed by the remodeling industry as easy, cheap and quick to perform, but end up costing the homeowner three or four time their original budget. These budgets were not only overblown and understated, but the value added was negligible. Often, the homeowners succeeded in decreasing their property value by making renovations to areas of the home that produce no return. Continue Reading