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Gen Y with Will

What is Renters Insurance and Should I Get It?

Well, let's start with an example of how insurance works:

Life is filled with risks. You might fall off your skateboard and break an arm. Or, maybe you crash your car into a wall and it is no longer drivable. The idea of insurance (and/or insurance policies) is to lower, or take away, the risk of financial loss.

In this scenario, your health insurance would help pay for the cost of the hospital bill from the skateboarding mishap, while your auto insurance would cover the damage to your car.

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Spotting Money-Flipping Scams on Social Networks!

As if the lack of privacy on social networks isn't bad enough, there is something else that may be worse. You could lose a lot of money if you are caught in a "money-flipping" scam.

How, you ask? And what is a money-flipping scam?

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What's the Gimmick at "Rent-to-Own" Stores?

Have you ever seen a Rent-to-Own ad or commercial? If you haven't, here's an example: "No Credit Check! Rent-to-Own a 50-inch TV for $10 a Week!"

How can you go wrong with that? Just make low monthly rental payments and you can end up owning that mega screen TV, right? Most of these stores even let you bring the item back at any time if you decide you don't want it.

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A Simple Tip to Protect Yourself from Scam Emails, Letters and Phone Calls

Remember scam emails? They would offer you a big commission if you let a total stranger in a foreign country deposit ten million dollars in your bank account for a few weeks! Or, they told you that you won the lottery and they'd like to deposit a big check into your account, and all you have to do is wire back the taxes!

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From Guacamole to Gas: Really Useful Websites

useful_websitesI often browse financial and consumer-related websites and have found that by clicking through these websites (and the additional info links that they offer), one comes across a lot of useful and/or fun websites. (A lot of silly/useless/ridiculous ones, too, but let's not waste time on those!)

Whether you're out of money, out of time, or out of gas, these websites can help you and even protect your privacy.

One big warning: remember that all advertising—on these sites or on others—only gives you the good side of the story and most ads attempt to get you to make impulse purchases. So, forget the ads on these sites and dig into the hard info.

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