Personal Finance
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What Does Personal Injury Protection (PIP) Insurance Cover?
Personal injury protection (PIP) insurance is a type of car insurance that covers medical expenses and other costs if you or your passengers are injured in an accident. PIP is required in some states but optional in others. So what exactly does PIP cover and what are the benefits? What is Personal Injury Protection Insurance? Personal injury protection, or PIP,…
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What is an IRA? A Complete Guide to Understanding IRAs
An individual retirement account (IRA) is a type of tax-advantaged account designed to help individuals save for retirement. IRAs provide various tax benefits that can help you accumulate a nest egg for your golden years. But what exactly is an IRA, and what are the different types? This comprehensive guide will explain everything you need to know about IRAs. What…
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How Much Savings Do You Need to Retire Comfortably?
Retirement is one of life’s biggest financial goals. Deciding when to retire and how much money you’ll need can be challenging. With careful planning, you can help ensure you have enough savings and income in retirement to live comfortably. Calculate Your Retirement Savings Goals Determining your retirement savings target requires looking at a variety of factors: When Do You Want…
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How to Practice Loud Budgeting: The Viral Financial Trend
Loud budgeting is the latest viral trend encouraging financial transparency and open communication about money management. The practice of loudly and proudly budgeting is gaining popularity, especially among Gen Z and millennials facing economic challenges. What is Loud Budgeting? Loud budgeting means being vocal and honest about your financial situation, budget limitations, and spending habits. It promotes openly communicating when…
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Complete Guide to Driving Without Car Insurance – Stay Legal and Protected
Driving without car insurance, or being in an accident with an uninsured driver, can be scary and financially risky. This comprehensive guide will teach you your rights and options when facing the unfortunate situation of taking the wheel with no safety net. Discover how to stay legal and protect yourself through understanding state laws, insurance coverages and penalties for offenders.…
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What is Loud Budgeting? The New Viral Financial Trend Explained
Loud budgeting is the latest social media craze that is changing how people talk about personal finances. This financial trend encourages openly discussing budget limitations and being transparent about saving goals. Loud budgeting first emerged on TikTok but has now spread across platforms like Instagram and Twitter. Mostly championed by Gen Z, it flips the script on traditionally taboo money…
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The Cost of Car Insurance for a New Driver Per Month
Getting car insurance for the first time can be an expensive endeavor, especially if you’re a new or young driver. But just how much does it cost per month for a new driver to get insured? The average cost of car insurance for a new driver per month is typically between $150 to $300 depending on age, location, driving history…
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Comprehensive Car Insurance: What does it Cover?
Comprehensive car insurance is a valuable coverage that protects your vehicle if it’s damaged in an event unrelated to a collision. But how exactly does it work? Read on for a complete guide to comprehensive auto insurance. What is Comprehensive Car Insurance? Comprehensive insurance covers repairs or replacement if your vehicle is damaged or lost due to non-collision-related incidents. These…
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What is Term Life Insurance and How Does It Work?
Term life insurance is one of the most affordable ways to protect your loved ones financially if you were to pass away unexpectedly. But how does term life insurance work and is it the right type of policy for your needs? This comprehensive guide will explain everything you need to know about term life insurance. What is Term Life Insurance?…
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What is Money Market Account? How it Works and Its Benefits
A money market account is a type of savings account that offers higher interest rates and more flexibility than a traditional savings account. Money market accounts allow easy access to your funds while also earning interest, making them a useful option for short-term savings goals. How Does a Money Market Account Work? A money market account works similarly to a…
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