Keep Your Teen's Car Insurance Low

Nothing makes a parent wince more than knowing that their teenager is going to start driving. Teenagers are notorious for getting in accidents with costs that far exceed your cash payday. Rates, for this reason, are typically high with males being charged far more than females for car insurance. There are a few ways to bring the costs down.

Put Them on Your Insurance

If they'll be driving your car around, you might as well put them on your own insurance. This will keep the cost of the insurance relatively low when compared to buying them a car and then buying the insurance separately. As long as they don't total your car, you can keep a good rate going until they save up enough for their own car and insurance.

They Really Want Their Own Car

Another option is to buy a car that is very inexpensive in value and that can be fully paid when you drive it off the lot. That way, the value of the insurance costs for the replacement of the car are low too, saving you money. You can buy the insurance separately and keep your own driving record clean.

Get a Value Pack

If you have an insurance company that insures your home, they may give you a discount if you choose to insure your car with them. Adding a driver then will be less expensive, if they're using your car.

Set Up Some Rules

Make sure your teens know the rules before you let them out on the road. No drinking, talking or texting on the phone while driving. Only one other person in the car with them, not a sardine pack of kids, until they're more experienced drivers. No speeding or horseplay. Let them know that driving is a privilege that they must earn by showing the proper responsibility towards safety. Don't be afraid to take away their car if they are endangering themselves or others and put them back to driving your car with you in it as chaperone.

Using Merchant Cash Advances

Your business needs an influx of cash quickly. Rough times have hit and you do not have enough inventories for a major holiday weekend coming up. You do not have time for a loan to be approved. What can you do? A scenario like this one or hundreds of others can lead back to using merchant cash advances. However, there are right ways and wrong ways to use merchant cash advances in your business. You do not want to incur cash advance problems as a result of making the wrong decision.

The old adage “it takes money to make more” is very true. This is why it has turned into somewhat of a cliché saying. It’s been used a lot to make a point. If your business does not have enough liquidity to purchase new inventory for a major weekend you could face losing the business. One good way to use merchant cash advances is to get inventory into your shop and repay the loan once you make the sales you know are coming. A good example of this situation would be Labor Day. This holiday in 2010 saw thousands of people in shops looking for great deals, and most years the same can be said.

You could also use a merchant cash advance for expanding your company. For example, you are being asked to put certain inventory in your store, but you do not have the room. Since you know consumers want the products you could get money for the expansion through a cash advance. Consumers will buy the new products as soon as they are in your store, thus you have the money to pay the loan back.

Business travel to find more consumers or vendors. You can use a merchant cash advance to get more consumers into your shop, either through the internet or obtaining more vendors. More vendors mean more products, thus more interest in your goods.

These are three of the top ways to use merchant cash advances. It is imperative to mention you should not use merchant cash advances in certain circumstances. Paying employee wages is not a good use of an advance. Wages are something you need to pay on a weekly, bi-weekly, or monthly basis. If you do not have enough to cover your employee wages it is doubtful in the coming months you would be able to pay the cash advance loan back.

You want to use merchant cash advances in instances that will definitely improve your company’s bottom line. In this way you know for certain that you can pay the loan back when it is due. Keep in mind what could help you increase your revenue as you think about cash advances.