Money

Costs To Own & Operate A Car Going Up, AAA Reports

FLORHAM PARK — AAA released the results of its annual Your Driving Costs study on Wednesday, revealing a 3.4 percent rise in the yearly average costs to own and operate a sedan in the United States. The average costs rose 1.9 cents per mile to 58.5 center per mile ($8,776 per year), based on 15,000 miles of annual driving.

Smart Uses For Your Tax Refund

Each spring, millions of Americans look forward to receiving a hefty income tax refund. And it truly is “hefty” with the average federal refund in 2010 hovering around $3,000. That’s a lot of money to be giving the government through what is essentially a year-long, interest-free loan.

Insurance Reality Check

When it comes to insurance, many people face the Goldilocks dilemma: Am I buying too much coverage, not enough, or just the right amount? How do you determine your proper insurance levels while ensuring you don’t waste money on unneeded coverage – or worse, leave your family exposed?