3 ways to get cheaper car insurance rates

Asking your current insurer for a better car insurance rate isn't always going to save you money, but you could find out about discounts -- and shopping around can definitely save you money on your insurance.

Can you lose money in a high yield savings account?

There are both risks and rewards with high-yield savings accounts. They offer higher APYs than most traditional savings accounts. But if in one year you earn more than $10 in interest, you are required to report it on your tax return or face a penalty.

Do you need homeowners insurance?

There is no law requiring you to buy homeowner’s insurance. However, to qualify for a mortgage, your lender will likely require it. To protect your assets in case of a burglary, natural disaster, fire, and to ensure you can pay for a visitor’s medical expenses in case of an accident, you need homeowner’s insurance.