Are you willing to drive less? Could you car pool or use public transport to get to work? Car insurance companies look at the amount of driving their clients do when assessing their car insurance rates. Why? Lower risk. Less miles driven equals less risk. And you’ll save on other car costs too.
For the record, any investment which promises returns of over, say, 6% a year carries a risk to your capital. In other words, unlike a safe savings account, it could lose you money. Thus, be wary of 'get rich quick' schemes offering mouth-watering returns over short periods. Ninety-nine times out of a hundred, they'll be a complete con, as victims of boiler rooms, Ponzi schemes and fake lotteries have learned to their cost.
Tags:
Safe savings account
Rich Quick Schemes
Car Insurance companies
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