<![CDATA[Dreamteammoney.com | Money Forum - Savings, Credit Cards, Loans, Investing, Retirement, Donations, Insurance, Taxes, Mortgages & Home Discussion]]> http://www.dreamteammoney.com/index.php Wed, 10 Mar 2010 11:58:50 -0500 1440 Unemployment Benefits http://www.dreamteammoney.com/index.php?showtopic=93279
My friend is an active day trader but recently the company he worked for had laid off some employees and he was part of those that were laid off. He was contemplating of applying for unemployment benefits because he is trading. Is he still eligible to claim unemployment benefits even if he's active trading?]]> Fri, 26 Feb 2010 20:28:11 -0500 93279 What You Need To Know About The New Credit Card Act http://www.dreamteammoney.com/index.php?showtopic=92886
]]> Sat, 20 Feb 2010 21:50:30 -0500 92886 Spare Time Work http://www.dreamteammoney.com/index.php?showtopic=92754
http://www.points2shop.com/?ref=insanex88]]> Thu, 18 Feb 2010 21:51:40 -0500 92754 The Least-trusted Banks In America http://www.dreamteammoney.com/index.php?showtopic=92224 this article:
QUOTE
The bottom seven of this year’s rankings, first to last, are Bank of America, Chase, Capital One, TD/Commerce, Fifth Third, Citibank, and in last place, HSBC.


I am not really surprised with this. yes.gif greedy.gif]]> Thu, 11 Feb 2010 22:43:02 -0500 92224 New Credit Card Act http://www.dreamteammoney.com/index.php?showtopic=92016 hi guys i just want to ask your opinion regarding the new credit card act which will be implemented few weeks from now. Are there any disadvantages in this new consumer protection law? Tue, 09 Feb 2010 02:53:32 -0500 92016 Student Loan Or Student Credit Card http://www.dreamteammoney.com/index.php?showtopic=92015 hello guys, just want to hear feed backs from you. Do you think it is better to apply for a student loan or a student credit card? which of the do you prefer the most? Tue, 09 Feb 2010 02:50:37 -0500 92015 How Long Do Items Remain On Your Credit Report? http://www.dreamteammoney.com/index.php?showtopic=91796
If you have a collection, charge off, repossession, foreclosure these can remain on the credit report 7 years from the date of first delinquency.

If you have a judgment or bankruptcy chapter 13 then these can report 7 years from the file date.

If you have a bankruptcy chapter 7 then this can report 10 years from the file date.

If you have a tax lien this can report forever if unpaid, and 7 years from the pay off date once paid.

If you have a student loan, this can report 7 years for each collection agency, meaning it could report forever if unpaid. Once paid it will come off 7 years from the collection agency’s open date.

Positive accounts will stay on the credit report as long as the account is open, once closed it will stay on 10 years from the close date.]]> Thu, 04 Feb 2010 23:02:41 -0500 91796 How Much Has Your Spending Habits Changed In The Last Twelve Months? http://www.dreamteammoney.com/index.php?showtopic=91528
And thought I wasn't able to track them, I believe I've spent less this month compared to last year's same month.

So how much have your spending habits changed?]]> Mon, 01 Feb 2010 09:59:49 -0500 91528 Web Marketer- Work From Home http://www.dreamteammoney.com/index.php?showtopic=91508 Job Description:


We are looking for an outstanding person with an awesome work attitude with great experience in link building or Search Engine Optimization (SEO). You must be a person who takes lots of action. Knowledge in HTML and skill in web designing or programming is an advantage.


Pay Amount: Negotiable
Work Hours: 40 hours per week


Requirements:

1. Awesome work attitude
2. High level of passion to learn new things and adapt to a challenging task, like training in Search Engine Marketing (SEM)
3. Happy working in front of a computer 8 hours per day (preferably from 9:00AM till 6:00PM)
4. Must have own private space to work from home
5. Must have your own computer and fast Internet connection


Other skills / Qualifications:

1. Deep experience in link building or Search Engine Optimization (SEO)
2. Forum participation and/or blogging is a bonus
3. Knowledge in HTML and skill in web designing or programming is an advantage
4. Must be a Writer with perfect written and oral English skills.

If you’re interested and have the above qualifications,please email your comprehensive resume to rdorado@globalworkforce.com. Please indicate the position being applied for (WEB MARKETER) in the subject line. Thank you.

Global Workforce
]]> Mon, 01 Feb 2010 00:20:21 -0500 91508 Web Marketer- Work From Home http://www.dreamteammoney.com/index.php?showtopic=91507 We are Looking for WEB MARKETERS

Job Description:

We are looking for an outstanding person with an awesome work attitude with great experience in link building or Search Engine Optimization (SEO). You must be a person who takes lots of action. Knowledge in HTML and skill in web designing or programming is an advantage.


Pay Amount: Negotiable
Work Hours: 40 hours per week


Requirements:

1. Awesome work attitude
2. High level of passion to learn new things and adapt to a challenging task, like training in Search Engine Marketing (SEM)
3. Happy working in front of a computer 8 hours per day (preferably from 9:00AM till 6:00PM)
4. Must have own private space to work from home
5. Must have your own computer and fast Internet connection


Other skills / Qualifications:

1. Deep experience in link building or Search Engine Optimization (SEO)
2. Forum participation and/or blogging is a bonus
3. Knowledge in HTML and skill in web designing or programming is an advantage
4. Must be a Writer with perfect written and oral English skills.

If you’re interested and have the above qualifications,please email your comprehensive resume to rdorado@globalworkforce.com. Please indicate the position being applied for (WEB MARKETER) in the subject line. Thank you.

Global Workforce
]]> Mon, 01 Feb 2010 00:12:21 -0500 91507 Is There A Difference Between Term And Whole Life Insurance? http://www.dreamteammoney.com/index.php?showtopic=91334 How are you all? Is there a difference between term life and whole life insurance? Nowadays, having life insurance is a must, especially if you have dependents counting on you. Insurance provides protection to the family of the insured against the lost of income should the insured pass away. It replaces the lost of income and provides for the future well-being of the beneficiaries. Thus, finding and choosing the right life insurance policy is essential.

Life policies come in various types; the most common are term and whole life. The basic difference of the two is that whole life premium costs more than term life. Term life is designed to be less expensive because it only covers the insured for a specific time period called "term". The term may be issues from anywhere between one year to 20 years. Thus, after the term, the insurance policy expires. On the other hand, whole life insurance doesn't expire; it covers the whole life of the insured.

Taking an in-depth look at the features of the term life, you will find that is available in two premiums: level term and renewable term. In level term insurance, the total cost of the premium is averaged from the number of terms. This means that the annual premium cost is practically the same throughout the coverage term. In essence, the insured pays more in the early years and less in the later years. A similar policy to level term is known as the decreasing term life. In this policy, the premium stays level throughout the term, while the death benefit decreases.

The renewable term, on the other hand, the premium rises upon each renewal period. Renewal period is usually after a 5 to 20 years. Annual renewable term (ART) is similar to this policy; the difference is that the period is renewed every year. It means that the premium costs increases every year it is renewed.

Alternatively, there is the whole life insurance, which as noted above doesn't expire. Whole life obviously costs more because of this. Moreover, the portion of the premium is placed into a savings mechanism attached to the whole life insurance policy; this savings mechanism is known as "cash value". One benefit of this is that the policy holder can use this to pay premiums in the event he or she can't pay for it.

Regardless of the type of insurance, the cost of the insurance increases with the insured's age. Deciding on which type of insurance to avail is dependent on your needs. You can now see the difference between term and whole life insurance. If a short term insurance is needed, term life is probably the way to go; if it is intended for lasts a lifetime, whole life insurance is a better option.]]> Thu, 28 Jan 2010 23:14:48 -0500 91334 Do You Need Travel Insurance In India? http://www.dreamteammoney.com/index.php?showtopic=91333 There are many insurance companies in India.But LIC offer the very good international travel insurance and health insurance plans.All plans are designed for the global citizens, who is either traveling or residing outside of their home country. those plans are very good for expatriates and travelers.
thank you]]> Thu, 28 Jan 2010 23:12:10 -0500 91333 What Are The Most Trustworthy Cleaning Companies? http://www.dreamteammoney.com/index.php?showtopic=91332

I am looking for trustworthy company.Please guide me.


Thanks]]> Thu, 28 Jan 2010 23:08:32 -0500 91332 Tips For Perfect Business Idea ? http://www.dreamteammoney.com/index.php?showtopic=91330 You may have heard that if you can just find something you love, the money will come. Well, that's kind of true. You definitely want to pick something you enjoy, but you also have to find something that has a market of paying customers. Remember something our friends at E-Myth Worldwide say that I think is right on: "There is a big difference between doing the technical work of a business and running a business that does that work." If you enjoy the work, get a job doing it. However, if you are going to be successful at running a business, you won't be able to do much of the technical work.

So how do you start your search? If you are starting from scratch, Entrepreneur.com's Startup Kits are resources to consider. You may also want to look into buying a franchise or business opportunity. Here are three sources to get you started:

* Low-Investment Franchises: Most of these cost less than $50,000, and some even cost less than $25,000.
* Entrepreneur's Guide To Franchising: This guide helps you understand the differences between franchises and business opportunities, as well as how to do your due diligence when shopping for franchises.
* How to Research a Business Opportunity: Business opportunities are not as heavily regulated as franchises, and they don't offer as much of a "business in a box" as a franchise does, but they can be a great place to start, and are considerably more defined than starting from scratch.]]> Thu, 28 Jan 2010 23:02:48 -0500 91330 Identity Theft And You http://www.dreamteammoney.com/index.php?showtopic=91329
Identity theft occurs when someone uses your personally identifying information, like your name, Social Security number, or credit card number, without your permission, to commit fraud or other crimes.

The Federal Trade Commission estimates that as many as 9 million Americans have their identities stolen each year. In fact, you or someone you know may have experienced some form of identity theft.
The crime takes many forms. Identity thieves may rent an apartment, obtain a credit card, or establish a telephone account in your name. You may not find out about the theft until you review your credit report or a credit card statement and notice charges you didn’t make—or until you’re contacted by a debt collector.



Identity theft is serious. While some identity theft victims can resolve their problems quickly, others spend hundreds of dollars and many days repairing damage to their good name and credit record. Some consumers victimized by identity theft may lose out on job opportunities, or be denied loans for education, housing or cars because of negative information on their credit reports. In rare cases, they may even be arrested for crimes they did not commit.

Farmers Insurance offers Identity Theft Protection in its Next Generation Homeowners Policy. Farmers Identity Shield provides you with the opportunity to proactively manage your identity through credit reports and credit and public records monitoring. Also, should you become a victim of identity theft, Farmers provides professional assistance in identity restoration 24 hours a day, seven days a week.

]]> Thu, 28 Jan 2010 22:56:10 -0500 91329 Life Insurance For Adults Or Children http://www.dreamteammoney.com/index.php?showtopic=91328
An important advantage of insurance is that the proceeds pass income tax free to beneficiaries and without going through probate. Most people think of life insurance only as a legacy something left behind after they die. If diagnosed as terminally ill, the insured may request payment of the insurance policies face amount instead of the death benefit being paid to a beneficiary. Portability Under most group policies employees can take their life insurance protection with them when they leave the company or retire and take advantage of group rates and the convenience of direct billing. Cash accumulation some insurance policies have a cash value account or investment component that lets you contribute premium in addition to the amount you pay for your insurance coverage.]]> Thu, 28 Jan 2010 22:54:09 -0500 91328 <![CDATA[Cheap Medical Insurance & Home Insurance]]> http://www.dreamteammoney.com/index.php?showtopic=91327 Thu, 28 Jan 2010 22:51:34 -0500 91327 <![CDATA[Can You Live Without Credit & Debt?]]> http://www.dreamteammoney.com/index.php?showtopic=91202
However, at some point I have to ask, "Is credit and debt really necessary?" Can you get by in life without ever having used a credit card? Can you survive without borrowing money to buy a car? Could you pay for every single purchase in your life with cash in though our culture makes it extremely difficult for you to do so?

I believe that it is possible. Difficult, but possible. It can be done, but it would take a tremendous amount of discipline, some sacrifice, patience, and perseverance. Below are four critical areas where most people falter and splurge with the intention of paying back at a later date with easy monthly payments:

Shopping - Credit cards are convenient, there is no doubt about that. They are safer and less bulky then a wad of cash, and easier to use then writing a check in the check-out line. However, somewhere along we have lost the connection where we understand that our credit cards equal money. Instead, they have become something else; most people simply don't comprehend that when you buy something with a credit card that it has to be paid back, in full, and usually with a lot of interest on top of it. To a lot of people, credit card bills are simply another fact of living, like receiving a utility bill, or paying the rent. It is just another bill that comes due every month, the minimum amount is paid, and we continue to go deeper in debt.

Restraint needs to be applied when shopping for anything. I'm not just talking about a trip to the mall, I mean anywhere. Rather you are shopping on the internet, planning a wedding, or buying new tires for your car, you need to ask yourself two questions:

Do I really need to buy this? - If you don't need to buy it, you probably shouldn't. I'm not saying that you shouldn't satisfy any of your wants, just that you shouldn't go into debt to do so.

If yes, can I get it cheaper somewhere else, can I buy it used, or can I save if I buy it at a later date? - For the items that we need, shop around to be sure that you are getting the best price. It may be worth driving a few extra miles to save $20 on an appliance. Can buying the item used fulfill your needs just as well while at the same time costing half as much? Can waiting a few extra weeks for the item to go on sale save you a bundle? Shopping at after Christmas sales can result in drastically reduced spending.


Education - College is extremely expensive, especially for higher degrees. It is common practice to take out student loans to pay your way through school. However, is it absolutely necessary? Would it be possible to work your way through college? Receive a scholarship and/or grants? Perhaps you could take employment that offers tuition reimbursement?

Almost always, there are ways that you could avoid going into debt to receive a higher education. It may require some hard work on your part, either to earn a scholarship or to pay your way through, and it may require some extra time, but when you get your diploma you will be graduating without any liens attached.

Automotive - For starters, it simply makes sense to buy a used car instead of new. You can still get a reliable automobile with years of life left in it, but you can also save thousands.

Most people, however, believe the ads that they need the shiny, fancy, new car with all the bells and whistles to make them happy. The truth is, you can do without a lot. It makes much more sense to save up and buy a decent used car for a fraction of the cost. For example, earlier this year my wife and I were really wanting a new Honda Odyssey. We frequently travel during the summer and, with two kids, our sedan was getting a bit cramped and uncomfortable even though it runs and looks perfectly fine.

When we priced out the model that we wanted it was going to be around $30,000. Now, if we financed this at 7.9% our payments would be a little over $600 a month for the next five years and we would have paid out around $36,500 in total payments.

Instead, if we wait and manage to live with our car for another three years, we can put about $400 a month into a savings account, accumulate $15,000, plus our trade-in value, and go buy a nice used one with cash.

Housing - This one is a little bit harder. Hardly any of us can afford to go out and buy a house with cash, especially if you are young and just getting started. If it is necessary to borrow to buy, make sure that you are borrowing as little as possible. This can be achieved by to ways:

Don't buy more house than you need - Do you really need a four bedroom, three bath house if you are single and living alone? Do you need five acres if you aren't a farmer? Do you need a three car garage when you only drive a Volkswagen? Buy what you need, not what you want.

Save as much as possible to put down on the house - By living frugally for a few years you can save big in a short amount of time. It really is not unreasonable for someone in their mid to late twenties to be able to put 50% or more down on a home. Also, by making extra payments towards the loan principle you can save thousands. Consider taking out a 15 year loan instead of a 30 and paying off the home in half the time.

Keep in mind, if you start living debt free and teach your kids to do the same, you may have enough accumulated in savings so that, when your children are old enough to start thinking about buying a home you could be in a position to buy the house, or part of it, for them. Then, instead of your children making mortgage payments on their own house, they could begin putting that money into savings so when their kids are old enough to buy a house...]]> Wed, 27 Jan 2010 20:30:21 -0500 91202 How Do You Track Your Personal Net Worth? http://www.dreamteammoney.com/index.php?showtopic=91044
I was just wondering if others consider it important or not and why. Or have some suggestions or ideas in doing it. I would appreciate any responses.]]> Tue, 26 Jan 2010 00:17:04 -0500 91044 Use Of Debit Cards, Is It A Good Thing? http://www.dreamteammoney.com/index.php?showtopic=90871 Sat, 23 Jan 2010 00:28:50 -0500 90871