James L. Paris's Blog, page 33

Bitcoin On The Way To $50,000?

Is Bitcoin on its way to $50,000? Jim discusses the major factors influencing Bitcoin's recent meteoric rise. Including the upcoming increasing in mining difficulty (so called halving), Brexit fears, and stock market uncertainty. Why everyone should have at least a small amount oin Bitcoin, how to buy bitcoin through a stock brokerage and even in your IRA account, why you should also look as low priced or so called 'penny cryptos.'

 

Family That Almost Died On A Cruise Ship Shares Their Remarkable Story

The truly unbelievable story of Dean and Georgia Ananias - after nearly dying on the Italian Costa Concordia have received no compensation after 7 years. They share how badly they were treated during and after the rescue and how the cruise line (a subsidiary of Carnival Cruise Lines) has used all manner of legal maneuvering to delay their lawsuit. You will simply be shocked at how few rights cruise passengers have and how cruise lines use every tactic imaginable to avoid taking responsibility. After nearly dying on what was supposed to be a dream cruise they are still waiting for justice.

 

CBD Oil For Sleep - My Surprising Results After Thirty Days

On this episode Jim discusses his sleep results after taking CBD oil for 30 nights and discusses its skyrocketing popularity. Now that Bitcoin has broken through $4,000 where will it go from here? President Trump threatens to close the border as the 'mother of all caravans' forms in Honduras, and Democrats simply can not let go of the Russia collusion narrative.

 

Rental Car Insurance - Save $10 to $30 Per Day With This Strategy

Rental car insurance is downright expensive ($10 to $30 a day), but I understand why people buy it. Your rental agreement makes you responsible not just for damage to the vehicle, but also for loss of use. This means that on top of the repair bill, you will be charged each day the car is out of service. In general, the auto insurance coverage you have will follow you when you are driving a rental car (be sure and check that this is the case with your insurance company). Your auto insurance will not likely pay for 'loss of use' so you could still be facing a sizable out of pocket liability. In my own case, I have one additional issue - I do not carry collision or comprehensive insurance on my cars because they are paid off and a few years old. As a result, when I rent a car I would not automatically have this coverage (since I don't have it on my own auto policy).

Two Step Strategy To Avoid Ever Having To Buy Rental Car Insurance

1. Change Your Auto Insurance Coverage A Few Days Before Your Trip

I actually learned this trick from my own auto insurance company that advised me to call them a few days before a trip and add back the collision and comprehensive coverage and remove it when I get home. The cost for a few days of this extra coverage on my auto policy is nominal. I was also advised that I only need to do this for one of my vehicles and this would allow that coverage to follow me (check with your own provider as policies vary). 

2. Pay For Your Rental With A Credit Card That Provides Free Insurance

There are hundreds of options on this, and you might already have a credit card in your wallet that provides this coverage. The key, however, is to get the details. You will find that most cards offering this benefit will provide secondary coverage. This means that they will pay what your auto insurance does not pay. An even better arrangement is to get a credit card that provides primary coverage (this means that they pay most of the bill and if there is anything left your auto insurance picks up). Secondary coverage is better than nothing, but primary coverage is a superior option. Primary coverage provides a largely hassle free experience (unlike dealing with a traditional auto insurance claim which might involve a substantial investment of time).

The Following Credit Cards Provide Primary Insurance On A Rental Car

Chase Sapphire Preferred and Sapphire Reserve Cards
United MileagePlus Explorer and MileagePlus Club Cards
Ritz-Carlton Visa Infinite Card
J.P. Morgan Reserve Card

Other Considerations

Having full coverage in generous amounts makes sense no matter where you are driving a rental car. I will tell you, however,  that when my itinerary includes a major city like Chicago, New York, or Los Angeles, I will double down to make sure I have an abundance of coverage. Another scenario is renting a car internationally - most people do not know that their auto insurance will not follow them when driving a rental outside of the United States. When I was in Italy in 2016 I rented a car and made plans in advance to include full auto coverage with the travel policy I had bought. This was much less expensive (about a third) of what it would have cost to buy the insurance at the rental agency in Milan. The strategy of paying with a credit card that has built-in insurance can still work internationally. The Chase Sapphire card provides coverage internationally and has not country restrictions. 

Helping you make the most of God���s money!

James L. Paris 
Editor-In-Chief ChristianMoney.com 
Follow Me on Twitter Twitter.com/jameslparis
Christian Financial Advice 
Jim Paris 24 Hour Radio

Pharmacist Ben Fuchs Loves The Keto Diet

On this episode, nutritional pharmacist Ben Fuchs discusses the Keto diet, CBD oil and hemp related products, negative ion generators, intermittent fasting, supplements for your brain, and much more! More details at www.pharmacistben.com

 

No Russian Collusion And Barbra Streisand Horrific Comments On Michael Jackson

On this episode Jim discusses the outcome of the Mueller investigation and the finding that there was no Russian Collusion. Also, Barbra Streisand's comments about the alleged victims of Michael Jackson (Leaving Neverland movie) cause a worldwide backlash on social media.

 

Expert Says $2 Trillion Dollar College Loan Scam May Be About To Burst

Alan Collinge, founder of Student Loan Justice, joins Jim to discuss the $2 trillion dollar student loan bubble that may be about to burst. Why is college so expensive? Why are student loans driving people to flee the country and some even to commit suicide? What effect have student loans had on the cost of college? What is the real cost of a student loan? How the government makes more money when a student loan defaults, the gigantic profits in student loan rehabilitation, egregious salaries of college administrators, hundreds of millions in frivolous spending, how to avoid college debt, and much more!

 

Library Apologizes For Allowing Sex Offender To Present Drag Queen Storytime

A Houston area library apologizes after it allows a convicted child sex offender to entertain children at Drag Queen Storytime. New Zealand threatens more than a decade in prison for anyone possessing video of mass shooting, mom sues parents accused in college admissions scams for $500 billion dollars, what is geographic arbitrage?, and the IRS issues a warning about a new scam.

 

How To Find Meaning In Life's Struggles

A millionaire by 30 and bankrupt by 40. I had a choice to become better or allow God to use my circumstance for His purpose. I was able to share my story through my book How To Pray For A Financial Miracle and reach millions of people in the process.

 

Credit Report Dispute Letter - What Is A 609 Letter? (Credit Repair Fair Credit Reporting Act)

James L. Paris is the author of the Amazon best-seller Credit Scoring Secrets, How To Raise Your Credit Score 100 Points In 100 Days. The so called 609 letter is not a magic bullet. In fact, it may actually lower your credit score. The key to raising your credit score quickly is focusing on your present open accounts and not worrying about older accounts that are no longer reporting. Disputing old negative accounts is likely to lower your score.