December 17th, 2018 
Vijaianand 
Texas ranks 3rd on High Cost of Car Insurance for low coverage…Infographics
As they say picture speaks more than thousand words. I love infographics and easy to read and understand. This one which I came across again from mymoneyblog.com was interesting and surprising as well. I saw Texas being ranked No.3 on the list with the highest paying car insurance state even for low coverage.
Here is couple of snippet from the article,
First off, it’s obvious that minimum coverage costs less than full coverage, but there are some states where the difference is relatively small. For example, take a look at North Carolina, where full coverage goes for $1,027 but minimum coverage is only $527, so you’re only saving $500 for a lot less coverage. Compare that to Louisiana, where the difference is $1,794. It seems like insurance companies believe driving in Louisiana is much more dangerous than in North Carolina. And if it doesn’t cost that much more for full coverage, then you may as well get it and protect yourself and your family.
There are two ways to think about paying for car insurance in the US: the amount it takes to get the minimum level of insurance required by your state (liability coverage), and the amount to get full coverage (liability, collision, and comprehensive). Nerdwallet crunched the numbers behind our latest visualization to find out the average cost of insurance in each state, which we plotted in an intuitive visualization. It turns out that insurance rates vary dramatically by state, even though there isn’t an obvious explanation why.
To read the full article, go to https://howmuch.net/articles/minimum-and-full-coverage-car-insurance
Kids 529 Education Plan Savings Estimator by Vanguard
One of the critical part of financial planning is to plan for funding kids education. There are lots of studies which shows that tuition fees expected raise every year and no one really can predict it. It’s wise to be planning well in advance and prepare yourself to pay for their education and than scrambling at the last minute.
Vanguard has been really great about publishing articles and tools to help out investors. This Vanguard tool helps you visualize how much you’ll need to save for college and how changing up a specific factor would affect your results. It adjusts for age, contributions, investment returns, tuition inflation, and even looks up the current cost of your favorite university. A formal report is spit out with lots of charts, just like a financial advisor might create for you. Here is sample screenshot of my scenario.
Here is another set of handy Vanguard tools, a 529 Plan Interactive Comparison Map and Tax Deduction Calculator.
Courtesy: mymoneyblog.com