All The Simple Dollar

Insurance companies typically offer several different plans for paying one’s premium, but annual payment plans are the best option, Hamm writes. 

The typical one family per house living situation isn't for everyone, especially from a financial standpoint. Consider an unconventional setup, like sharing a home with another family or constructing a second home on a plot of land.

Looking for a previously built home isn't always the most cost-effective move. Here are three questions to ask yourself to decide between buying and building.

Your credit score is a single number, but it has so many powerful effects on your life. Understanding it, then improving it, can make your financial life much easier.

Revisiting packed away boxes of books, albums and mementos can provide hours of enjoyment for no cost at all, Hamm writes.

With a bit of research, you can save money on insurance by avoiding buying from agents, Hamm writes.

It may be cheaper for married couples to share a family plan instead of maintaining two separate health insurance plans, Hamm writes.

Some cost-saving activities just aren't worth the time investment, Hamm writes. The ideal situation is to find the frugal practices you enjoy completing. 

What you pay for your homeowners insurance is partly determined by how disaster-resistant you make your home, Hamm writes. To save money on your rate, consider installing smoke and burglar alarms that automatically contact emergency services when activated.

To make the most of your home insurance, Hamm recommends making a detailed inventory of your possessions. If disaster strikes, you'll have a better idea of how much you need to be reimbursed.

Saving a few dollars here and there eventually add up to big numbers. The key is making these small financial steps a daily routine, Hamm writes.

Driving too fast can lead to speeding tickets, extra gas costs and an increased risk of accidents. To keep insurance costs low, Hamm recommends playing it safe and staying below the speed limit.

It's all too easy to postpone paying your bills, but the sooner you pay them, the more money you'll save, Hamm writes. The key is developing a standard process for paying your bills.

You aren't required to have  a credit card, and plenty of people get along just fine without them. But with self discipline and on-time payments, credit cards can reap great benefits.

It's a salesman's job to highlight the positive attributes of a product. It's your job to do your research and find the drawbacks.

Raising your deductible for insurance claims will reduce your monthly payments. Just make sure you have a healthy emergency fund and can handle the higher deductible if needed.

Hamm advises bundling your policies for a discount on your insurance. Insurance companies will regularly offer you better insurance rates if you buy multiple insurance policies from the same company.

Insurance companies may advertise attractive discounts but they don't always apply them to your bill. Hamm explains how to know if you have received insurance discounts and how to make them count.

We sacrifice too much in pursuit of financial success, Hamm argues. Sometimes more money means more problems.

Comparing quotes for homeowners and automobile insurance can easily save you as much as 50% on your annual premiums, Hamm writes.