Life insurance: Getting Coverage While Young

Younger people have a preconceived idea that life insurance is something you get when you’ve got a family and assets to protect. And it’s not one without merit. With age comes more responsibilities once a family is formed, a house is bought, and education needs to be paid for down the road. That’s usually the time people start thinking about getting a life insurance policy to cover these needs in the event of an untimely passing. But it shouldn’t be. There is no time like the present to get a policy started as there are benefits to buying one at an early age.
Getting a life insurance policy when one is single and has few responsibilities is the perfect time. Policies are affordable and there are less hoops to jump through during the application process. Youth equals good health for many which keeps premiums down. Life insurance also stays in place even as life events happen, health changes, and needs change. And even term life insurance can be beneficial if the policy owner passes before the term has completed.
Someone who buys a 30-year term life policy at 28 but passes prematurely at 55 will leave behind a financial benefit to those left behind. It’s a pragmatic way to prepare for the future and gain peace of mind at a low cost. Check out this quiz by Health IQ to learn more about life insurance any why it is important to buy early. Some of the things you learn might surprise you!


Live Life Like One Of The Kardashians

You may not be a fan of Kim or Khloé Kardashian, but if there’s one thing everybody loves, it’s a luxury lifestyle. And luxury, that’s exactly what the Kardashians’ life looks like. From expensive fashion to huge mansions, the Kardashian girls and their partners enjoy the life everybody dreams of. But, it’s time to quit dreaming and look at ways to turn it into a reality. Discover what luxury life could be like.

The luxury home of your dreams

First of all, are you clear about your understanding of luxury home? For most people, the thought of luxury is populated with images of pools, jacuzzis and backyard tennis courts. But in reality, there’s a much deeper perception of luxury that you need to bear in mind as you are searching the real estate market for the perfect mansion. The character of the property plays a significant role in its luxurious aspect. According to Coldwell Banker, an open floor is the number one criteria for an astonishing home personality. Admittedly, you will also need a home that has all the latest tech and gadgets too, such as light control from your smartphone and door lock with a click. And forget the spa pool in the garden; you need a full-on spa bathroom with a walk-in shower and heated floors.

What can you expect from a luxury real estate agent?

First things first, if you’re after a luxury mansion, it’s not the kind of things that you can easily spot on your local real estate website. In fact, you have to work in collaboration with professional estate agents who are used to the luxury property market. Indeed, luxury estates are a very exclusive market that is not open to all homebuyers. You will need the right connections to get to see the best properties.

The ideal location for your paradise home

The first question you need to ask yourself is where should your luxury home be. If you’re open-minded about the location and don’t need to pick a property that is in the vicinity of your local city, then you can dive into a range of exciting choices all around the world. Fine Country has listed the top ten favourites for luxury properties, ranging from over £3 million in Surrey, England to a whopping 35 million in Dubai. If you love the buzz of the city, you will be pleased to know that there’s a stunning three-bedroom apartment in London that is fully equipped with a children’s play area and communal gardens. Not your cup of tea? Go back to the rustic charm of the countryside with a large villa by the Mediterranean Sea in the French Cote d’Azur.

The luxury life budget for paying that mortgage back

Unless you’ve won the lottery, it’s likely that you’ll need to apply for a mortgage to buy your luxury home. Make sure to work out the best deal for your credit score, lifestyle and savings, as jumbo mortgages can be overwhelming at first. You might need to put a significant deposit to find an advantageous mortgage plan.  If this is the case, you might need to learn to live a luxurious life on a small budget during the first months or years. Our tip: Surround yourself with happy experiences and people until better days come!

In short, there’s only one question left to answer: Are you ready to do what it takes to build a Kardashian-esque lifestyle?

Simple Ways To Get The Most For Your Money When Buying A Property

Buying a home is one of the most significant financial investments that you can possibly make. No matter what you do, it’s going to be something that costs a great deal of money, and you certainly shouldn’t go into it lightly. However, even those who are fully aware of just how much of a commitment buying a house really is, it can be tough to get the very best deal. When you’re spending such a large sum of money, it’s important that you’re in a position to get the most for what you’re spending. With that in mind, here are a few ways to get the most out of your money when buying a property.


Think new

There are a lot of different options out there for just about anyone who wants to buy a home. Perhaps you want something with a lot of charm and personality, or maybe you want something in a good neighborhood. What you want is want is always going to come down to personal preference but there is one thing that you should always keep in mind when looking at properties, and that’s the fact that newer homes are often one of the best options out there. The reason for this is simple. Newer homes are up to date and won’t have had the kind of degradation that an older property would have suffered from. This new home builder shows the kinds of communities where you can live in brand new, customizable homes, that might life a whole lot easier for you and your family. Plus, if you’re investing in a property, you’re going to have far fewer maintenance costs than if you were letting out an older property.


Have a plan

One of the best things that you can do is to think very carefully about exactly what you want out of the future when it comes to your property. Are you looking for a home to live in for the rest of your life, or are you hoping to sell and move again within the next five years? The reason why these questions are important is that the kinds of mortgages and deals out there are going to vary based on your circumstances as well as the fact that different arrangements are going to work for different people. If you want flexibility, then you may benefit from a mortgage that offers more freedom. If you’re self-employed, then you could benefit from something that allows you to vary the payments more flexible, even if it ends up being more expensive than a more rigid payment plan.

Whether you’re buying a property as a home or as in investment, one of the best things about being on the property ladder is that you have the potential for financial growth. Unlike renting, where you’re just throwing money away, you’re able to put yourself in a stronger financial position because of your home. Of course, when the time comes to buy something new again, don’t let that stop you from remembering how important these pieces of advice really are.