Friday July 4, 2008 - Ways to Save: The Fixed Expenses

[0:03]..." Todd is that important it's gotten even more important -- exactly history certified financial planner -- taking a closer look today at your credit score. It is very important and most people I'm sure don't know there's -- should Anthony because it's a quick and easy method that -- uses to judge you as a potential customer. Credit scores are not free you can get your history free which cannot get your scores treat and if you're. Filing for an annual free credit history reporting agencies are going to make an offer. Using under ten dollars for each one in the not too expensive that you wouldn't know what to creditors are looking now. Might -- dot com which is a divisional affair Isaak company this is the company that invented the credit score also mostly copies of your scores now. Why these important lenders look at the score and determined by the escort what interest rates are going to charge you for your mortgage or credit card. Insurance companies -- determine if you're going to risk my birthday "...

[1:32]..." and easiest way to increase -- scores to make payments on a timely manner and nymex sector credit cards common sense that's 170 percent of your your score right there. Pared down the number of cars "...

[0:01]..." since Katrina. This Friday and we are looking a catastrophe planning with certified financial planner -- all this week today we're continuing to look at different types of insurance but -- really do need. Anthony your ability to have an income coming in is important TU -- dependents. And what you -- disability insurance if your ability to work is interrupted and become disabled in use life insurance. If you add dependents relying on your financial support when something happens to you. Disability insurance covers a lawsuit incomplete work. Your employer may offered as a paid benefits -- offered -- to purchase. Short term disability insurance can kick in within thirty days long term may take ninety are guilty by the more important disability insurance becomes accurate single. Who schooling to protect you. Oftentimes if you're coupled you know -- and individuals that work the other one can cover. Few paint Social Security how to discipline ability policy -- but the requirements are so strictest who receives. Disability and benefits from Social Security. Like insurance is used to cover the loss of your income for your dependency he should die. A young couple with children needs lots of life insurance Anthony. Because they need enough insurance to provide future income stream for the young family. If they want to send kids to "...

[1:39]..." it's like cheaper cheaper and terms the past while you're buying -- life insurance. And because people are living longer term life insurance has become very very cheap. You know great website to help you you can links from our web -- here at WBZ "...

[1:02]..." bank he may be to put those pictures in memory sticker disk EZ EM you know and and generally have to do was. Take that right. Homeowners policy will cover you for people -- caves through thin. If that 200 year old tree falls in the driveway Europe going to be responsible for cutting in up in getting hauled away truthful cover that. Just you have an earthquake. And we had. Earthquakes here in in New England you -- grumbles I have been through three of them living in western Massachusetts a tornado just a few weeks ago in New Hampshire right and so know what's covered you may not be covered unless you have special insurance. Flood insurance also. Again pipes burst. Basement flooded you're covered. If that creek in the backyard. Floods because we've had twelve inches of rain during a hurricane and not covered you're not government should fund insurance. Check with your insurance agent and know. If the catastrophe does hit what you covered for. Auto insurance -- exposed to dirty term Massachusetts and they should have insurance but guess what. People do all the time. So be sure that you have coverage for under insured or uninsured drivers I was surprised Sony people driver over the insurance and open. You know and and they'll borrow somebody's -- car. Which is even worse. So Massachusetts also was one of the "...

[0:00]..." Catastrophe planning that's the topic here on WBZ news radio 1030 with certified financial planner -- and today we're looking at one of the most important. Segments of catastrophe planning and that's having enough insurance. You know as one prepares for catastrophe consider insurance as a financial tool Anthony. The tool that allows us to protect the ones we love the stuff we own houses to sleep tonight. It keeps -- families financially safe and you need to know what risk human face financially and learn to manage them by using insurance homeowners. The issue adequately insured at least 80% of value her home makers -- home prices dropping. Most people definitely are insured "...