SAFELY SAVE FOR YOUR CHILD’S UNIVERSITY STUDIES USING AN EDUCATION IRA! Friday, August 15, 2008

This investment retirement account (IRA) is useful to you as an investor to understand because it may be a good way for you to save for your kid’s education AND save on taxes. These plans are now called Coverdell Education Savings Accounts in honor of the late U.S. Sen. Paul Coverdell. Individuals can make annual contributions of up to $2,000 per child into an account that's exclusively for helping to pay higher education costs. The money contributed to a Coverdell account doesn't count against the $3,000 ($3,500 if 50 and older) annual total individuals may contribute to their combined personal individual IRAs.

The earnings and withdrawals from a Coverdell account are tax-free, but you can't deduct the contributions from your income tax because the account is for the benefit of the child, not the contributor. This is great for parents who are good savers and investors who want to make an annual tax-saving contribution that they can invest in the stock market toward the education of a studious and responsible child. In addition, if your child received a Coverdell ESA distribution, you now can also claim Hope Scholarship or Lifetime Learning credits. Just make sure you don't use Coverdell money to pay for the same expenses you use to claim an education credit.

The beneficiary (your child) of the education IRA must withdraw the funds by age 30 if they don’t go to college and pay taxes and penalties on it. However, the account can be transferred to a sibling or the beneficiary's child if they don’t pursue a higher academic degree or use it all.

Once you have the account open you can use the stock market to help finance your child’s education selling the stock at a high price after you have bought it at a low price using techniques such as I teach.

ABOUT THE AUTHOR: Dr. Scott Brown, Ph.D., a.k.a. “The Wallet Doctor”, is a successful futures trader, real estate investor, and stock investor. Dr. Brown holds a Ph.D. in finance from the University of South Carolina and a Master in International Management from the prestigious American Graduate School of International Business a.k.a. Thunderbird. His 1998 articles in Technical Analysis of Stocks and Commodities were prophetic in predicting an impending stock market crash. He has helped many people become profitable investors teaching them to look out over many years to spot stocks that are low and primed for rise in the new bull market. His second article met with approval by Dr. Bob Shiller of Yale University. Dr. Shiller is the economist that Alan Greenspan most highly regards who coined the term “Irrational Exuberance.” In 1998 he was shouting out to the world to “get out” of the stock market but now he is shouting to everyone that it is time to “get in!” The Wallet Doctor is not only sought after for investment advice and coaching in stock investing but also in futures trading and real estate investing. He also teaches investing in Spanish and Portuguese. For more information visit Dr. Brown’s site at www.BonanzaBase.comor sign up for his investment tips at www.WalletDoctor.com

Financial Planning Services: Great Advice for Good Management

This is true that you need useful advices in all areas of financial services and these advices play a major role in some of the most important business decisions. Different financial planning services firms provide a dedicated service to both individual and corporate clients. You can seek advices regarding savings and investment issues and along with it regarding many other issues which are relevant to your company.

Generally saying, the functions of any financial planning services firm is multi-faceted. They can provide you help in the following way...

About the Author
Anton Kadin is an expert in the domain of asset management and investment solutions. Written from experience and with expertise, his write-ups provide guidance to individuals and businesses on asset management UK, investment solutions UK wealth management company and Financial Planning Services.
Protection - You can get genuine advices regarding life assurance and critical illness cover so that you can protect not only you and your family but also your business. You can get suitable cover in the most cost effective way.

Pensions - Financial planning services firms provide the services of individual and corporate pension planning. You can get advices regarding company pension schemes, SSAS, SIPP and annuity purchase and also total lifetime pension advice and pre and post retirement.

Investment/Savings - You can get investment advices regarding products ranging from ISAs to bespoke portfolio management.

Healthcare - Some financial planning services firms provide private medical insurance advice to ensure tailored medical insurance for both the individual and corporate clients.

Mortgages service – You also can opt for the advices regarding all aspects of residential and commercial lending.

Tax Planning – This is one of the major areas for which individuals and companies are opting for financial planning services firm. These firms help in monitoring the availability of tax mitigation schemes in the market place and analysing the associated risk and rewards. Products covered may include VCTs, enterprise investment scheme and other tax advantageous investments.

Therefore, if you need useful advices regarding any crucial financial issue then opt for the financial planning services firm to get it. After all management also needs advice sometimes.

Alcoholism as a Disease, Not a Weakness

Alcoholism is a disease in which drinkers have lost the ability to control their drinking, leading to physical and mental harm and loss of ability to behave in a socially acceptable manner. Alcoholism is a chronic, progressive, pathological condition that affects the nervous and digestive system, caused by the inability to stop drinking despite adverse consequences such as loss of job, family, and health. The disease is potentially fatal, however the most disturbing and debilitating part of alcoholism is the loss of self-respect, the possible job loss, and the toll it takes on the alcoholics family. There is also indication that there may be a genetic component with alcoholism.

The National Council on Alcoholism and Drug Dependence defines alcoholism as characterized by “impaired control over dinking…and distortions in thinking, most notably denial.” This means that for many alcoholics, they are unable to make a decision to stop drinking without the help of others.

Symptoms of the disease include but are not limited to sneaking drinks, lying about the amount consumed, irritability when alcohol is not available, mood swings, loss of appetite, a puffiness of the face, job loss and a high number of traffic tickets.

Family members need to develop an awareness of the disease and talk with the alcoholic. Most alcoholics are in denial and talking to the person about their disease can be very difficult. Choose a time when the person is sober. In addition, talking to the person after an alcoholic problem as occurred, such as a family argument, or a drunken driving ticket, for example, may be a good time to talk. Unfortunately waiting for a problem to occur from alcoholic behaviors can have serious consequences.

Family members coping with an alcoholic or addict can cause a great deal of stress in the family life. Therefore, there are support groups for Al-Alteen for children and teenagers. Al-Anon is for the spouse or loved one that has to cope with an alcoholic. These groups teach family members on how to cope with the alcoholic and process their emotions.

There are studies that want you to believe that alcoholism is not a disease. They are wrong. Alcoholism is a disease and while there is no cure, it is treatable. If it were not a disease, insurance companies would not pay for treatment.

Home Insurance – The Storm that saved my house

When, before I arrived shaken and financially distraught, clinging onto the so-called housing ladder, I was renting a house at a rent that was more than the potential mortgage payments for a mortgage that the bank wouldn’t give me. Well, technically, it was a house, if you can attribute that term to something that possesses walls, doors and a roof. It was an overpriced problem. But the experience gave me a valuable insight into how a simple home insurance policy is a handy tool in the worldwide war between landowner and tenant.

The utilities were to say the least, inconsistent. Whether it was a faulty tap or the failure of the entire electrical system, the owner of the house had a rather dysfunctional attitude to the legal obligations of the tenancy agreement she was so keen for me to sign.

She also had a habit of going away on holiday for a month which, given the weekly occurrences of domestic problems surmountable to determine the house uninhabitable, made me hate her. It was my £500 a month going out and I was getting nothing but exasperation and financial and mental expenditure in return.

To my polite, courteous, factual letters outlining ‘work to be done’ or ‘issues to be resolved’ her standard written response was literally: ‘Sorry to here you are having so many problems, perhaps you should move out.’

That would have been fine, had I had the time, energy, and somewhere to move out to. More so, there were advantages to the house. It was a quiet area. I’d previously lived in a street that seemed unpoliceable, lawless and in a constant state of anarchy. Screeching kids and drunken women fighting would greet me as I returned from work each evening, and usually as I left in the morning. I’d had enough of frying pans and fires; this time I was going to stand my ground.

One night there was a ferocious storm. From the detritus on the ground and in the trees I didn’t have to look at the house to know what was missing and what was still on. Both the composition and contents of what appeared to be most of the roof were now features of the front garden.

Making their way down the street were various uniformed figures of authority, each with their own agenda of health and safety, environmental protection and social welfare. One of them approached me and on inspection declared my overpriced hovel no longer fit for human habitation. As if it ever was.

The landlady’s home insurance company had to re-house me – in a plush, expensive hotel for 3 months while they re-did the house, not just repairing the storm damage, but after inspection by various authorative busybodies, a whole range of other faults.Her selfishness and greed had backfired. She was now compelled to fix everything out of her own pocket as the home insurance only covered the weather damage. Then I moved out into my own place. Ha ha.

About the Author
Sarah Maple is a writer and quite confused about his landlady's attitude towards proper home insurance

Car Insurance For Girls - Girls Enjoy Lower Rates, Here's How! Sunday, August 10, 2008

Cheap car insurance for girls is a great way for females to save money on their car insurance. No longer do you have to pay the same high price premiums that guys have to pay, simply because it has been proven that women are far less likely to have to file a high priced claim, than men are. That is not to say that all women are better drivers, there is always the exceptions. However, when it comes to getting into accidents and high claim accidents at that, women have less of a history than men do.

You have many ways that you can drive down the cost of your insurance premiums, besides the fact that you are a female. Cheap car insurance for girls can save you as much as 30 percent off the regular cost of premiums. However, you can save even more by taking the right steps and showing various items to your insurance agent.

For example, if you have a newer vehicle, one than is still in great condition, but a responsible and reliable at the same time, you can save even more on your insurance. Also, if you have let the DVLA know of any medical conditions that you may have, that need to be reported and can show that you are good physical condition for driving, you can save money on your car insurance.

You can also get cheap car insurance for girls if you do not intend to use your vehicle for carrying eight or more people and the vehicle has not been manufactured to do so. Some other ways to save even more money on your insurance include parking the car in a garage, having security devices fitted on the vehicle, and keeping your driving record clean and spotless.

So remember girls, you can save on your car insurance if you look hard enough.

The right Auto Insurance can save you money!

Auto insurance is a protective feature that everyone needs who owns a car. Auto insurance allows you to have financial coverage in case you are involved in an auto accident; regardless of who is at fault. When shopping for auto insurance keep in mind that rates will vary dramatically for the same driver, depending on which company you ask. The key to savings lies in comparing many auto insurance quotes, to find the insurer that will give you the best rates.

If the auto insurance company you’re investigating is sound then it’s possible to purchase cheap auto insurance coverage that will give you peace of mind. Most states require you to purchase a minimum amount of auto insurance. In order to even drive your car you need to have at least liability insurance, in other words you have insurance to cover the expenses of the other party if you cause an insurance. If you are at fault in an accident, your liability insurance will pay for the bodily injury and property damage expenses caused to others in the accident, including your legal bills.

There are some insurance companies that offer discounts to those drivers who put fewer than a predetermined number of miles on their cars each year. Considering the high price of gasoline, carpooling and taking public transportation such as buses around town can help you save more than just premium dollars.

We’ve searched the web for the best companies who offer great prices on auto insurance. You’ll find that there are many places to locate cheap auto insurance to not only save you money but to also give you adequate coverage and protection.

Take your time to look around and you’ll find that you can save on your auto insurance rates.

How to Save Money on Motorcycle Repair Thursday, August 7, 2008

Getting the most out of your bike’s repair job is good. But it would be better if you yourself are able to make the repair instead of having others service it. Doing your motorcycle’s maintenance is important for you to realize its fullest potentials.

Bike enthusiasts may not be familiar with the structure of their vehicles and could be missing out on the possibilities of maximizing the use of their motorcycles. Knowing your “horse” is very important if you want to understand it and give it the attention it needs.

The beauty of motorcycles is that is has a relatively open design meaning it is easy to be familiar with the inner workings of the bike. And this fact is going to save you money if you just know what to do and when to do it.

Personal maintenance of your bike is both a learning and rewarding experience. Of course you may opt to have others check-up your bike but nothing beats the satisfaction of having done a good job on your beloved motorcycle. It is fun and very much a worthwhile activity.

If you choose to be your bike’s personal physician, a good number of repair manuals are available that are filled with important information about motorcycles. It will provide you with the needed know-how regarding troubleshooting and maintenance. It also presents a detailed discussion of the engine, clutch, transmission, electrical system, wheels and final drive. The book will also give you tips on how to improve the bike's performance.

The basics of motorcycle repair are outlined in manuals like this making it easier for you to tinker with your bike. Making the necessary repair will be very easy with these manuals as they present you with a clear picture of what it takes to bring your bike back to life. There even also are pictures to further familiarize you with what part of your bike the manual is referring to. With this manual in hand, you need not just limit yourself to making minor repairs but you can also rebuild your engine if you wish so.

Even if you choose to keep your hands clean, it still would be good to understand how you bike works and what it needs to run smoothly. Troubleshooting is easier since you’d know beforehand what is wrong and can relay this information to the repairman. You can give him additional information that is sure to help in making the needed repair for your bike.

How dental insurance plans can benefit employees

Do you know like other insurances, 'dental insurance' is also available? In addition, there are some dental insurance available in the market that are just for employees. These dental insurances provide financial assistance to treat the damaged teeth and for normal dental care. Some years before, it was considered that only exuberant people indulge in dental insurances. Moreover, during that time dental care was utterly slept over. However, with the lapse of time, people have become more and more aware about their dental health and as a result, the trend of dental insurance is soaring high. Generally, many companies provide their employees with dental insurances. Generally, it is edified that one must get ones dental care insured.

Dental insurance is cheaper than other kinds of insurance. In fact, dental insurance costs less than 10% of the cost of the medical coverage. As many other insurance plans wrap many kind of plans within their entity in the same way dental insurance plans for employees also brings before you many kinds of plans. There are three major kinds of dental insurance plans, which are particularly for employees. Out of these three dental insurance plans, first one is Managed care plans. Managed care plans are counted among the most inexpensive dental insurance plan for the employees. This kind of plan covers some cost control measures and is suitable for small business. Under the rules of this plan patient has to pay a certain amount as co-payment and the amount of co-payment may be different depending on the procedure. Managed care plans are further divided into two types.

Under first one, known as Dental Health Maintenance Organization (DHMO), employees are given the freedom to choose the dentist from the group of mentioned dentists. However, under Dental Health Maintenance (DHMO) dentists provide you certain services free of cost and do not give discount on the fees. Second, type of managed care plan is known as Preferred Provider Organization (PPO) consists of a network of dentists. If an employee joins this program than he or she may avail various dental facilities at comparatively lower cost. Second kind of plan that has specially been molded for employees is known as indemnity plan. Under the provisions of this plan, an employee gives a particular amount of money as premium and in turn, company pays the amount to the dentists for his services. Under the provisions of this plan company uses UCR (usual, customary, and reasonable) to pay the dentists. In case if the UCR rate used to pay dentists falls short of dentist's rate, the patient has to make up the shortfall. Among the three fundamental dental insurance plans that are provided by the small companies to its employees, third one is known as Direct Reimbursement Plan. Under the provisions of this plan, an employee is refunded the money that he or she spends on his or her dental care.

Finding The Best Automobile Insurance Online Friday, August 1, 2008

Automobile insurance is one of those necessary evils in life; many people don't want car insurance because of the cost, but most people aren't sure where they would be without it. In many countries having enough auto insurance to compensate others following an accident where you are at fault is compulsory and failure to carry the insurance can result in imprisonment. Insurance is designed to protect against any loss that comes out as a result of an accident, giving some relief to those found liable for accidents facing expensive lawsuits and giving the victim with suitable compensation through the system. Because of this, most people end up being fairly relieved that they have automobile insurance at some point in their driving career.

Getting cheap car insurance online, even the most basic of packages, can wind up saving you an awful lot of strife on the road when you get into an accident. In fact, more people are choosing cheap car insurance online as their sole automobile insurance provider than ever before because of the ease in which it is accessible. Car insurance online comes up with a valid quote for your insurance needs by calculating your vehicle type, your driving record, the roads you are most apt to drive on and the amount of time you will spend driving per month. From these variables, a car insurance provider can come up with a quote for their customers and can start to orchestrate a plan for delivering the best insurance possible. Tesco, Britain's leading automobile insurance provider, is one website that contains an awful lot of information that can help you come up with an online quote.

Getting your car insurance through Tesco can be a brilliant way to go about insuring your car in the UK because of the alternatives to some of the basic plans, including ample special features and a ton of unique vehicle-specific variables that can be plugged into your overall plan. Tesco car insurance has various no-frills style insurance packages that enable customers to mix-and-match some of their policy points in order to come up with a good policy that suits their needs. Along with looking online for automobile insurance, there are other things you can do to get low car insurance rates to come your way. The top tip that most experts offer is to shop around. Look online, offline and everywhere in between for the best low car insurance rates. Another idea is to make sure that all of the vehicles you will be insuring are located on the same policy. This is a good idea because it enables you to save up to or around ten percent per car through "multi-vehicle" discounts. An idea along these lines that some companies also offer is the "multi-line" insurance, meaning that if you insure your home and your car with the same company, you will end up with a discount on both pieces.

There are many opportunities to save money on your automobile insurance if you look in the right places. You can choose a higher deductible, for example, and save a good amount of money on your car insurance through that route. You can also drop collision altogether if you have an older car, enabling you to cut some fiscal corners and bring down your overall rate. The best option for saving money on your automobile insurance is, however, to not end up using it by driving safely.

by: edmondjg2

Your Car's Car Insurance Group Explained

The car insurance group for your vehicle is important when you are filing for your car insurance because it will determine the risk and safety factors which in turn determine your insurance premium from the insurance provider. Different countries have different car group ratings systems that are based on the type of vehicle, the horsepower of the vehicle and general safety standards of the car. With these distinctions in mind, insurance providers determine a group number or letter that categorizes your car insurance group and then determines your insurance policy utilizing this information. The ratings mostly apply to new cars, as older cars tend to fall under different ratings standards regarding car care and other specifics. Car care is taken into account when determining the car insurance group because the vehicle's condition becomes a primary factor when determining the premiums. The most commonly utilized grouping system exists in the UK and is comprised of a numbered system that labels new cars from groups 1 to 20.

The United States and Canada tend to use a stricter manufacturer based system to define the vehicle's grouping and narrow it down based on vehicle type, for example sports or luxury. The numbered system in the UK essentially runs on the premise that 1 is the lowest number and 20 is the highest. The higher the car insurance group, the more expensive it will be to insure the vehicle. These motor car insurance groups are merely suggested, however, but most providers utilize the ratings as a form of broad scale to determine the ultimate risk factor for the vehicles. There is no legal implications for not following the ratings system as employed by the Association of British Insurers, but most insurers do use the system as a good guide to determining the premium costs.

Motor car insurance in the UK also has its own standards by which to establish notions towards security features in vehicles and how effectively these features augment the insurance costs for that particular vehicle. With security alarms being built into most new factory models of vehicles, the premiums in terms of theft car insurance tend to be significantly lower. Car insurance companies are paying a good deal of attention to these security features when they determine car insurance group ratings because of the improvement in the safety features and its direct impact on the insurance industry. Car insurances companies are also paying attention to the specifications of the manufacturers as they put out new cars, adapting their policy terms to match up with the types of vehicles that are rolling off the factory line. This makes for an interesting and specific prospect when it comes to buying insurance because of all of the variables involved in purchasing insurance.

With the UK's numerical system, the business of buying insurance is becoming far more complex. Insurance providers, when determining the group ratings, take a look at the year, make and model of a particular car. New cars are the easiest to apply this rating scheme to because factory specifications make categorizing all of the cars a bit easier. With certain import models or modified vehicles, however, using a blanket numerical system could prove to be more difficult. Finding your car insurance group information, therefore, can give you a good idea as to how your car will rate in terms of insurance pricing and if and how easily you can afford the premiums.

What You Need To Know About A Car Insurance Adjuster?

If you're in need of a car insurance adjuster then there are a few facts you should know before you meet with him/her. The first rule of thumb is that if your car insurance adjuster is over friendly remember, he is there to save money for the company he works with, not especially for you. Don't ever sign anything without reading every detail and never underestimate the good will of the car insurance adjuster. If the adjuster wants to discuss anything on the phone, request that you would rather meet with him/her in person until after your insurance claim is settled.

You can be pleasant with the insurance adjuster but stay firm. No matter what happened at the scene of the accident, it is not the car insurance adjuster's fault if the person that hit you was an idiot. Don't underestimate the importance of an adjuster's impressions because they all go into your file. The way you act toward him/her could have an influence on your insurance claim later. Even if, for example, your car hit a deer, insurance adjusters will even be called for this too, to estimate the amount of damage to the car.

Again let the adjuster do his/her job and be friendly. When you hit a deer it can cause the same amount of damage in some cases as hitting a car, or even worse. Let the car insurance adjuster look at the damage and make up his/her own mind regarding the extent of damage. Again don't sign any thing until your car insurance claim is settled. An independent car insurance adjuster is also expected to settle insurance claims quickly. This person may not owe a particular allegiance to a specific insurance company, but they want to collect the fee from the company. An insurance adjuster's authority to settle a claim is restricted, but the adjuster will do everything possible to make sure you get treated fairly The bottom line is don't let a car insurance adjuster suck you into thinking he's your best friend in the world, only to be let down later. This is the nature of job and no matter how friendly the adjuster is, he/she is there to do a job.

You have little to do with that except provide them with information needed to assess the damages to your car. Just be a little careful when dealing with a car insurance adjuster.