#23- Women Score Higher Than Men On IQ Tests
Women’s IQ scores trailed men’s when the test were first administered 100 years ago. The reason is either that more women now have the education opportunities necessary to perform well on the test or that the multitasking modern life demands of women has caused them to perform better on the test.
Homeowner’s insurance. Basic coverage for your home and everything in it. The average cost is $636 per year but this varies widely by state.
Liability coverage. Protects you from a lawsuit if someone gets hurt on your property. For about $300 a year you can by a typical $1 million policy.
Various disaster insurance policies. Optional policies cover flood, earthquake, and hurricane damage. As part of your home financial plan, you have to research to see what disaster coverage, if any, you need in your area, and what your standard policy already covers. For $540 a year you can buy flood insurance in every state but Louisiana of course,
Don’t under- or overbuy insurance: For your basic policy, get homeowners insurance with full replacement coverage in case your house burns to the ground. Remember that you own a house as well as the land on which it sits. So even though you bought your home for $300,000, it may cost only $100,000 to rebuild it. Your policy limits should reflect this. This difference will vary widely by region and state. Don’t think that because your home has fallen in value you need less insurance. If you bought a $1.2 million townhouse in Florida during the boom, it’s true it now may only sell for $600,000. But the replacement cost of the townhouse hasn’t changed much, so you can’t improve your home financial plan by cutting insurance costs that way.
Other ways to cut your insurance budget: If you make structural improvements, such as adding storm shutters, your insurer may give you a break. and if you belong to certain groups, such as AARP or veterans’ organizations, your premiums may be lower.
Your home is probably your biggest investment. To manage it, create a financial plan that takes into account repairs, upgrades, mortgages, insurance, and taxes. Your mortgage: Paying a little extra each month can add up to an earlier payoff. Let’s say you have $200,000 in outstanding principal and a 20-year fixed-rate mortgage at 5%. Your monthly payment is $1,319.91. But if you can manage to pay another $100 a month, you’ll save $14,887 in interest.
#24- Women Own The Roads
A University of Michigan study found that for the first time, women hold the majority of driver’s licenses in the U.S. Why does this matter? This mean safer roads. According to NBC News, a 2011 Metlife study showed that men get reckless driving tickets far more often than women and die in accidents 50% more. The Michigan researchers also concluded that women are more likely to buy smaller, safer, more fuel-efficient cars than men, Autoblog.com reported.
The WordPress.com stats helper monkeys prepared a 2012 annual report for this blog.
Here’s an excerpt:
600 people reached the top of Mt. Everest in 2012. This blog got about 4,200 views in 2012. If every person who reached the top of Mt. Everest viewed this blog, it would have taken 7 years to get that many views.
Click here to see the complete report.