Tag Archives: finance

Weigh the Advantages of Mortgage Protection Insurance in Your Budget

For some hard-working families, Mortgage Protection Insurance represents the best way to protect their investment in a home.

Sorting-out the alphabeticals

You may experience some difficulty distinguishing “PMI” from “MPI,” especially because the “M” always stands for “mortgage,” and the “I” always stands for “insurance.” Therefore, “P” plus the letters’ sequence make a huge difference, because PMI and MPI serve radically different purposes: PMI protects your lender against your default. MPI protects you against losing your home.

“PMI” signifies “Private Mortgage Insurance,” and the law requires you carry PMI if you put less than 20 percent down on your home. In the mortgage industry, the conventional wisdom says that PMI encourages lenders to offer mortgages for first-time home buyers who have less cash and respectable credit. Since the housing “bubble” burst and major lenders raised their mortgage qualifying standards, mortgages with high loan-to-value ratios have grown increasingly rare, so that insuring your mortgage against default no longer seems a big issue. As soon as you reach 20 percent equity in your home, you may cancel your Private Mortgage Insurance; in fact, your lender now has a legal obligation to notify you when you become eligible for PMI cancellation. In some cases, eliminating PMI premiums saves homeowners more than $1000 every year, but cancellation does also eliminate a nice tax deduction.

“MPI,” on the other hand, stands for “Mortgage Protection Insurance,” and it belongs to the larger family of life insurance products. Your lender cannot require Mortgage Protection Insurance; and, unlike Private Mortgage Insurance, you cannot claim it as a tax deduction. Mortgage Protection Insurance guarantees that, if you die or suffer permanent disability, the insurance company will remit a check directly to your mortgage-holder, paying-off your mortgage and giving you title to your home. In simpler terms, MPI guarantees your family can keep your home no matter what happens to you. You must understand, however, MPI does nothing but guarantee your home loan; your family receives no other cash or compensation.

Mortgage Protection Insurance on its merits

Mortgage Protection Insurance may have an important place in your Family Frugality Plan. If it effectively complements other benefits and will cost less than whole-life coverage, then MPI warrants serious consideration. Because most MPI plans work on a “guaranteed acceptance” basis, you may qualify for Mortgage Protection Insurance when you do not qualify for or would have to pay extortionate prices for more conventional coverage because you have serious health issues or work in a high-risk occupation. For most families, MPI either will be redundant, or it will offer no significant advantage, because your house payments are low enough your family will gain more benefit from standard life insurance pay-outs. Still, you must consider…

MPI may complement other death benefits. Above and beyond the standard Social Security death benefit, you may have other death benefits attached to your retirement or pension plan, or you may carry a low-cost term life insurance policy to cover your final expenses. If you current coverage will pay-off all your debts except your mortgage, then MPI may work for you.

MPI may replace other life insurance coverage. In general, traditional life insurance that accrues cash value represents a solid, stable investment, but your insurance company determines your premiums according to your life expectancy, medical history, occupation, and sometimes your credit history. If you seem a high-risk candidate for traditional life insurance and, therefore, will have to pay extremely high premiums, MPI represent the guaranteed low-cost alternative.

MPI may provide for your family’s peace-of-mind. If you have little or no family and your spouse never has worked outside the home, you may worry that your family cannot keep a roof over their heads after your passing. Moreover, you may have substantial equity in your home, and the payments may be extremely low, so that your family will benefit substantially from keeping the house. Under those circumstances, MPI makes sense for you.

MPI protects your greatest asset. If you built your own home, or if your home has played a prominent role in the family’s history, you have a vested interest in keeping it in the family. MPI, then, guarantees title to the house will pass to your heirs.

Before you consider any insurance purchase, your Family Frugality Plan should focus on savings and investments. Build a $1000 liquid emergency account, and contribute to a Certificate of Deposit that ultimately will contain the equivalent of six months’ salary. With those safeguards in place, you may consider how to protect your home and other major assets.

Andrew Greene is a freelance financial writer who blogs for ppiclaims.org.uk where you can get help with ppi claims.


Protect yourself from getting banned from Google AdSense

Google is very strict against publishers having invalid clicks. Invalid clicks results when you, your friends, your workers, your family members and kds accidently click on ads appeared on your site. Such activities are strictly against Google Policy. Google has way to figure this out and they never disclose on what ground your account is disabled. Although Google provide facility to request reactivation of the account (at least one time), but chances of reactivation are rare. They generally reply first time when you request re-activation. Then after, they generally don’t even reply to your request. And this is the end of your online advertising hope with Google. All of your efforts and to build a website financially supported AdSense end up with a mash. Although there is life after Google AdSense, but you have to do it again. Following is the message you get from google after getting banned from Google AdSense program.


Banned from Google AdSense

Banned from Google AdSense

This article is all about protecting yourself from invalid clicks. Following are the suggestions to protect you from invalid clicks.

  • Disable JavaScript: Website ads will not appear to you in your web browser while browsing internet. Read more on how to disable JavaScript. Although this method is very effective to block appearance of JavaScript based ads from AdSense and other advertising networks but many times it is painful as it block ads from all websites. You may have to enable it temporally while browsing other website. Also, same thing has to be done in all computers you own for personal use or for employees and family members wherever there is chance for invalid clicks.
  • Block Hosts files: This will prevent the loading of any AdSense ads and other chosen contextual ads on your computer. This setting will be applicable to every browser and software program you use to connect with internet. For details read, changing hosts file to prevent appearance of contextual ads.


Ideal ad unit placement blocks in blogs and websites

Placing ads in the websites and blogs is the popular way to earn money. Many website/blog owners are using Google AdSense, Chitika, Bidvertiser and other advertising networks to display ads in their website. They also use static banners from various affiliates. Traffic is the single most important factor for generating revenue. If you don’t have visitors for your website and blog there is no questions of clicks which is the key for earning money by any ways. Good traffic depends on quality contents and SEO. Here I assume that there is sufficient traffic to the website/blog but publisher is not able to motivate their visitors to click on ads. Clicks are the key to generate revenue. There are two main reasons for lesser clicks – first is an inappropriate ads and second is wrong placement of the ads. Inappropriate means not matching with the contents of the website. When you display ads from well established advertising networks like Google AdSense and Chitika, who has comprehensive list of advertisers, then question of inappropriate ads not arises. Therefore placement of ads is very important.

Ads may come in contextual, image or video formate. Whatever is the form, widely used sizes of these ads are listed below.

  • Leaderboard (728 x 90)
  • Banner (468 x 60)
  • Half Banner (234×60)
  • Button (125×125)
  • Skyscraper (120×600)
  • Wide Skyscraper (160×600)
  • Small Rectangle (180×150)
  • Vertical Banner (120 x 240)
  • Small Square (200 x 200)
  • Square (250 x 250)
  • Medium Rectangle (300 x 250)
  • Large Rectangle (336 x 280)

Placement of above sized ads in your website is very important. You should add the required code in the main html/css file to streamline the appearance of ads there without doing any additional work. However you can add these ads at any place wherever you want. There are limitations on number of ads which can appear on a single page (please refer to your advertising network guidelines). Google AdSense allow maximum of 3 contextual ads per page. Placing the ads is not the only thing you should worry about. It should be placed at appropriate place. It should come as part of your website/blog contents. Following are the proven placed to add “ad blocks” having revenue generation potential.

1)       Top of the website
2)       Sidebars
3)       Start and end of the post/article
4)       Middle of the article

A sample of good placement of ad blocks is shown in following figure.

ad unit block

High earning ad unit blocks

Although placement of ads in above mentioned places has proven value, one shoe never fit all feet. There is no single formula for the success for everybody. You should always try experimenting with different locations. If some ad block is not getting sufficient clicks, you should try other locations. There is no use of wasting time continuing the wrong locations. All advertising networks provide option to put a label to particular ad unit which is embedded in the code. So you can easily track which place of your ad is getting more clicks. Regularly monitor the progress and do the needful subsequently. Ways to add label in ad codes is discussed in another article.


Dating Affiliate Programs offering higher earning potential to bloggers

There are many ways by a website owner can earn the money. One of the popular way is through affiliates network. The web publisher can place the link of their affiliates on their site. Dating affiliates offer high click through rate and the web owner earn quick money by this.
Following are the list of best dating affiliates programs offering high earning.
1) Cupid plc: It offers four type of affiliate programs
a) Pay per lead program: Every signup you generate can earn you up to $16. The better the traffic the more you make.
b) Pay per sale program: One can earn up to $111 for each and every paid membership.
c) Percentage Program: This is the best of both worlds, combining per-lead and per-sale payouts. Get an amazing 90% from each and every sale and add our bonus for each confirmed registration.
d) Referral Program: Other webmasters can be encouraged to join through this program. 5% of everything a new webmster earn will be credited to the referrer.
2) Dating Factory: This is also a very popular dating affiliate program giving high returns.


Write sponsored reviews to earn money

Sponsored review is one of the popular way to earn through blogs. There are number of marketplaces which gives the opportunity to write sponsored posts on varied range of topics. The adoption of this idea depends on the willingness to get paid for writing blog post (related to specific products and websites). If the blog has a big fan list one can contact the advertiser directly to cut down the commissions of middleman. Following are the list of popular networks offering sponsored reviews and paid blogs. Opt any of these and start earning. Advertisers can also join these program for wide publicity of their products or website.