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?

Tax Filing Deadline Looms

Nobody likes being nagged, but I’m going to risk reader displeasure by reminding everyone that there are hefty financial consequences if you owe income taxes and do not file a return on time – or at least request a filing extension.