If you take a look at the health care system in the nation, you will find it to be very complex. Even if you have medical insurance or make payments for them with your credit card, your policy might not cover all your medical costs, and you will have exposure only to a limited number of providers. Experts in the field suggest before you visit a hospital or a doctor, you should check with your medical insurance provider to check what it covers and who are the providers that are available under the insurance plan you have. 

There are times when you follow the rules however still face problems. Insurance companies are not too fast when it comes to processing your claims most of the time. This results in the healthcare provider sending your medical bills for services that insurance policies should cover. In case, you have received a medical bill for a procedure that is covered by the insurance plan, contact the insurance company to ensure that the insurance claim is processed.

[Read more…]

 It is hard for you to predict medical bills for your health. You never know when an emergency takes place, and your funds suddenly drain even if you have insurance. There are several people in the USA that have filed for bankruptcy due to unpaid medical bills. There has been surveys and research conducted in the nation, and in one of them, The Consumer Finance Protection Bureau revealed that 1 out of 5 credit reports in the USA had a medical bill that was unpaid and sent over to debt collection companies. These unpaid bills also have a negative impact on the credit scores of an individual. Most people who suffer from the woes of increasing unpaid medical bills are otherwise financially stable, and they have records of paying off their bills in time.  

[Read more…]

Stock trading provides you with the opportunity to grow your money over time. Though investing in the stock is risky, if you manage the risk, you can secure your position and earn money. The stock provides diversification in that you are able to put your money into different types of investment products. Some stocks will earn income in the form of a dividend. Also buying stock in a company means ownership in the company since as a shareholder, you get the right to vote on certain business decisions. If you desire to launch a career in stock trading, you are in the right place. This guide provides you with the crucial steps that you need to take to begin trading stocks online.

Decide whether it’s something you want to do

Trading stocks carry risks hence while you stand to make and grow your money quickly, you can also lose all your investment. You need to get advice and guidance from professional stock traders to understand the magnitude of what you are getting yourself into. That way, you’ll make an informed decision whether it’s something you want to.

[Read more…]

By Roger Ingwersen

The time has finally come – you’re getting ready to retire. But before you start thinking about life after retirement, it’s important to plan ahead, whether retirement is 30 years or 3 months from now.

Organizing for retirement will not only help you properly prepare, but also make you more comfortable with your retirement decision. By simplifying your finances, the transition to retirement will be much easier to manage.

One of the very first steps you want to take is an inventory of your goals. You can begin by making a list of your important short-term and long-term financial goals. For example, do you want to travel? And if so, how often and how expensive will the trips be? Do you plan on contributing to your children’s and/or grandchildren’s weddings? Do you want to buy a second vacation home? These are all important factors to consider as you prepare for retirement. [Read more…]

Retirement should be a time to relax and enjoy your spouse, your family and your quality, work-free time. It is a significant life change though, and you need to be prepared for this shift to avoid stress and make the most of it. So what do you need to do to ensure you have the retirement you have always dreamed about?

Manage Your Money

Money is one of the most prominent sources of stress throughout most people’s lives. To avoid worrying about money when you retire, start planning as early as possible. Start by estimating your annual budget and assess this against your savings, 401K and any government entitlements.

If you have any financial concerns, then you need to look at ways to increase your income and savings. One option is to use the equity in your home. Equity release is suitable if you want a short-term quantity of cash to supplement your income, or if you need a lump sum for home renovations or medical treatment. Alternatively, look at other ways to bring in some liquid assets. You could rent out a room in your house on Airbnb, become an Uber driver or turn your crafting hobby into a moneymaker by selling things on Etsy. [Read more…]

In Brisbane most of us always think we can comfortably handle our own financial decisions without any expert help. As time goes by, our goals, careers, and lives expand then we start doubting if we are really making the right financial moves.

It often takes major life-changing events such as divorce, death, family illness or marriages to prompt us to seek financial advice from the financial advisors in Brisbane.

It’s always a good idea to seek financial advice earlier to have robust financial strategies in place in case of significant life events.

Below are some of the top reasons why people turn to financial advisors for professional financial advice.

1.  When starting a family

With all the joy and expectations that come with starting a family, having kids undoubtedly marks significant changes in the parent’s finances. With the rising cost of living, high unemployment and other things, starting a family can be one hell of a task.

Based on the recent report from online parenting BabyCenter, the cost of raising a child is at a staggering $230,000 for the first 18 years alone without including inflation or college tuition fee.

Raising a family involves; regularly buying new clothes, laundry detergents, hiring babysitters, and many other things. [Read more…]