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Why Liability Insurance Is a Must for Any Small Business

The Motley Fool

But forgoing liability insurance could be detrimental to your business. Here's why liability insurance is a must, as well as a few tips on how to get the right coverage for your business without paying too much on your business credit card. What is liability insurance?

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9 in 10 Americans Regard Their Homes as an Investment, Not a Liability. But Here's Why You Shouldn't Look at Your Home as an Investment

The Motley Fool

In a recent Bank of America survey , 91% of respondents say they view their home more as a valuable investment than as a financial liability. If that's your mindset, then by all means, embark on a home search and start contacting mortgage lenders to see if you qualify to finance a home. Instead, keep renting.

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Taking Charge of Your Aging Parents' Finances? Here's Who to Talk to First.

The Motley Fool

That unpaid care often includes taking responsibility for their aging parents' finances. Your parents The crucial first step is honest, open conversation with your parent or parents about the state of their finances. You should also be aware of your potential personal liability for your parents' expenses.

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Why Hawaiian Electric Plunged 12.8% This Week

The Motley Fool

Hawaiian Electric's share of the settlement liability is $1.99 However, finding that financing still isn't guaranteed. After all, even with the new tort liability on its balance sheet, the company still has roughly $1.2 Image source: Getty Images. billion in book value.

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Is Your Net Worth Higher Than Your Peers? Here's How to Find Out.

The Motley Fool

However, I didn't start measuring my net worth until years later, which is the actual number you'll need to know to see how your finances are faring. million , according to the Federal Reserve's latest Survey of Consumer Finances. million $192,700 Data source: Federal Reserve 2022 Survey of Consumer Finances.

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5 Ways to Protect Your Personal Finances Against Identity Theft

The Motley Fool

Here are a few ways to protect your personal finances against identity theft. Many credit cards offer $0 fraud liability protection, meaning you won't be liable for fraudulent charges that you report. Doing this helps you stay informed about your finances and gives you greater insight into what information creditors see.

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I Pay a Lot More for Car Insurance Than I Need To. Here's Why.

The Motley Fool

See, most states only mandate liability coverage, which pays for losses for others, and sometimes personal injury protection (PIP) coverage that pays for minor medical bills and lost wages for the policyholder in any accident regardless of who was to blame. Buying only this minimum coverage is relatively cheap.