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How To Break The Paycheck To Paycheck Cycle

Okay, so you have graduated from college, you landed a good job, and you are ready to start your own life now. But, the problem is, you are already living paycheck to paycheck.  While you are no longer in college, you may still feel like you are living the life of a struggling college student and this is quite disappointing. You were ready to kiss that life goodbye and finally be able to live the way you want. Unfortunately, it did not happen that way. But, luckily for you, this article will help you break that horrible paycheck-to-paycheck cycle.

What Is This Paycheck-to-Paycheck Life?
The paycheck-to-paycheck life is one where you are waiting to receive your next paycheck or deposit to make financial moves in your life such as buying groceries or paying a bill that is due. This type of lifestyle can be depressing for many and cause a lot of anxiety and stress, especially if you know that you will run out of food or a bill comes due BEFORE your expected paycheck or deposit.

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Busted Myths About Personal Finance

There’s no denying it; money is one of the most important things in our lives. It dictates everything we do in this world. Therefore, improving personal financial situations should be at the top of everyone’s agenda.

Regardless of any other life factor, we can all appreciate the importance of money. However, it’s a complex subject that most people struggle to gain a grasp of. In most cases, the main source of trouble is that we follow false information. Quite frankly, those financial myths could be doing far more harm than good.

Acquiring a deeper understanding will naturally put you in a far more powerful position. Here are 12 of the most common misconceptions. Learn the truth behind them, and you should be able to boost your finances in no time.

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The Key Factors That Determine Auto Insurance Premiums

Insurance companies often use statistical calculation methods to determine how much coverage they should offer their customers and how much the premium should be. It’s not easy at all and they have to consider a long list of things.

Let’s discuss the factors that determine insurance coverage and premiums here.

Your location

Where do you live? You don’t have to tell me, but you have to tell this to the car insurance company. Your location is among the crucial factors that determine the coverage and premiums of the policy.

If you live in a small town like Taos, New Mexico or in Santa Barbara, California, the the odds of getting into an accident are low. Big cities like New York, on the other hand, are full of traffic and accidents are very common.

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Making Insurance Work With Your Finances

I think all of us know about the temptation to skip on insurance. So many of us are trying to save as much money as we can. Insurance sometimes just seems like an annoying extra expense, one that doesn’t really do anything for you. It can also be quite a complex business. There’s not just one kind of car insurance or life insurance. There’s different price tiers, different considerations and conditions to select, etc.

But if you don’t have insurance, then you could be putting yourself and your finances at severe risk. What’s more is that there are several forms of insurance that are forced upon you. How can you make insurance needs comply with your budgeting?

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Six Ways To Future Proof Your Finances

When it comes to looking at our future, our finances will always be something that we have some apprehension about. How do we know that we will have enough to see us comfortably through our retirement? What if something goes wrong? How do we protect our assets? There’s no way to tell what the future will hold. There are, however, ways of making our finances are at least protected. The following tips help you prepare for your finances not just for you, but those you want to take care of.

Avoiding predatory loans

We’ve all heard the horror stories of payday and other kinds of loans. You’re might think it’s a quick fix to some impending financial troubles. In reality, predatory loans gouge you with interest and can get you into even hotter waters. Car title loans are one of the kinds you should be wary of, but the tips for spotting bad car title loans here apply elsewhere, too.

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