1) Your goal should be to use credit cards in a manner that avoids all fees, including
finance charges. This means paying at least the minimum payment every month.
2) An any-occupation policy will cost more than an own-occupation policy, everything
else being equal.
3) Well-known growth stocks typically are less volatile than the market.
4) In general, tangible assets do not depreciate in value over time.
5) A personal line of credit is a form of closed-end credit.
6) When estimating monthly housing costs after the purchase of a home, add an
additional 10 to 15 percent to your mortgage loan payment for such things as
homeowner’s insurance, property taxes, maintenance, and upkeep.
7) When prices rise, the purchasing power of the dollar declines by the same
percentage.
8) There are times when you would want to turn down additional income because the
additional taxes owed will exceed the extra income received.
9) HMOs have dollar limits on their coverage.