My wife and I have become increasingly frustrated at the rising cost of our auto insurance. We live in Florida, and all forms of insurance here are becoming more expensive because of the explosion in population. I stumbled across an article that listed Florida Farm Bureau as the best value for auto insurance in my state. I had honestly never heard of the company, but I hit the computer and found the phone number for the local office. I got a quick price quote over the phone, which offered a savings of over 30% from my current rate! The agent... Read more →

On this episode Jim discusses $9 a month cell phone service, the meteoric rise of Bitcoin, a new social media alternative to Twitter and Facebook, a new law coming for debt collectors, how to earn money with your RV, and a great website to comparison shop auto insurance. Read more →

There are a lot of good reasons to buy life insurance and it has become more affordable than ever. It used to be said that life insurance is ‘always sold but never bought.’ The thought behind this adage was that most people don’t wake up in the morning and plan to go out and buy life insurance. It is something we all know is available, but as easy as it is to buy, it is also easy to put off. This is why many people only have life insurance because of their interaction with a financial professional that ‘sold’ it... Read more →

Dr. Elaina George returns to the broadcast with incredible advice and strategies to save thousands on medical care and health insurance. How to opt out of Obamacare and use medical sharing plans. Save money with direct pay providers, find the lowest price for medical procedures, the power of insurance supplements like AFLAC, how to negotiate a medical bill, and more! Read more →

Most people do not know that the insurance industry is maintaining a secret file on them. I use the word 'secret' as virtually no one knows that this file exists. I learned by 'accident' (no pun intended) that such a file exists on the Paris family. Not only was there a secret file, it turns out that what is in it is costing us thousands per year! My wife has an exemplary driving record but about two years ago was involved in a peculiar incident. I say 'incident' and not accident, because that is exactly what it was. While Ann... Read more →

Dr. Elaina George joins Jim Paris Live to discuss a wide variety of strategies on ways to save money on healthcare, including - cash only surgical centers, concierge care, medical sharing plans, direct primary care, prescription savings, and more. Dr. Elaina George is the host of the program Medicine On Call on American Web Radio, and author of the book Big Medicine. Read more →

Wow, a new report by insurance analytics firm ValChoice concluded that over the past five years Americans overpaid for auto insurance by a whopping $101 billion dollars! The report also provided the simple reason why: some auto insurers have more profit built into their premiums than others. Specifically, auto insurers that operate as mutual insurance companies came out on top. A mutual insurance company can be compared to the business model of a credit union, and exists to serve its members, not to earn a profit for shareholders. Consumer Reports lists USAA and Amica Insurance as their two top picks.... Read more →

When Donald Trump was running for president, one of his most prominent campaign promises declared that he would “repeal and replace Obamacare.” That may not be happening now. In fact, it seems very likely that while there may be some modifications to the Affordable Care Act, the law itself will remain intact. Trump has actually been saying for some time now that he has every intention of hanging on to two of Obamacare’s most notable provisions – the ability of adult children to remain on their parents’ plans, and the mandate that insurance companies must make coverage available to those... Read more →

By Robert G. Yetman, Jr. Editor At Large UnitedHealth Group CEO Stephen Hemsley has declared that the company made a poor decision when it ventured further this year into the various, state-based, public insurance exchanges that exist largely to serve the Affordable Care Act. UnitedHealth sold coverage on just four exchanges in 2014, but upped that to 24 exchanges for 2015. The larger embrace of the ACA, overall, has caused the company to suffer substantial financial losses this year, significant enough that it has had to adjust its earnings forecast downward. At this point, Hemsley is undecided about whether UnitedHealth... Read more →

The cost of auto insurance can vary widely based on a large number of factors. It is easy, however, to get in a rut and simply pay the bill month after month without considering other options. 7 Ways To Lower Your Auto Insurance Bill 1. Ask For A Discount Many times you don't even have to move your coverage to another company to save money. If you simply contact your current insurance carrier and let them know that you are about to start shopping them out, there is a good chance they will offer you a discount. For this call... Read more →

The hardest thing about getting things done this time of the year, is that it is THIS TIME OF THE YEAR. With Christmas and New Year's (and all of the related social events), it is the worst season to find the time to sit down and deal with your finances. The problem is, however, that this is prime time for making end of year moves that can have an enormous impact in your financial picture for next year. 5 Smart End Of Year Financial Moves 1. Make a financial contribution to your favorite charity or ministry The great thing about... Read more →

I don't know if you remember the old TV show The Equalizer. I absolutely loved this show. Edward Woodward was perfectly cast as the main character, Robert McCall. The Equalizer was a retired spy that used his background and special skills to help ordinary people get justice (when the authorities were of no help). By the way, if you missed it, the movie version starring Denzel Washington came out just a few weeks ago. The movie version was a bit more violent than the TV show (see trailer below). You have to love The Equalizer because he was ready, willing,... Read more →

Tom Sightings has written a great piece for the online version of U.S. News & World Report that details both retirees’ typically most substantial expenses, as well as some ways to limit each. There’s actually a lot of good information inside of what is a relatively brief piece; to what is surely no one’s surprise, expenses like housing, health care, and taxes make the list. It is, of course, a great idea to limit one’s expenses in retirement whenever possible, but the reality is that many people will find it to be extremely helpful to double their financial power in... Read more →

The problem of counterfeit money is on the rise. Of course, with today's computer technology and color printers, the process has become much easier for criminals. In 2013 the Secret Service recovered more than $150 million dollars in fake bills. What Happens If You Get Caught Passing Counterfeit Money? It can really happen to anyone. How many of us take the time to check the money we receive from our bank or our change when we make a purchase? Being caught with fake money in your possession is no fun. First, you will likely face questioning by law enforcement. Secondly,... Read more →

March 31st marks the end of the first Obamacare enrollment period. Enrollment will open up again in November for coverage that will begin in 2015. The idea behind having these enrollment windows is to provide some measure of protection against people waiting to join until after they are sick. Although it is true that you can jump in on the next enrollment window with your pre-existing medical situation, you will be on the hook for your medical bills until your coverage goes into force. The other significant issue that comes into play as a result of the enrollment window closing... Read more →