As you can tell, I have very, very little in my savings. And a heck of a lot of expenses are coming up soon- I have to register my car with the DMV by the 28th of June and the parking permit fee for Uni is due the 27th of June. In total, that will be just over $500.
I called my insurance earlier this week to take off my old car and to put on my new one. I didn't know which insurance to get and I forgot what my parents told me to get so I told the lady "basic coverage". She asked me if I needed collision and I said yes. My 6-month premium was $1400. I called my grandma (I'm on her policy) and and she got me the insurance I really needed (no collision!) and the premium went down to about $600. Insurance is so confusing!
Since I bought my car I have this desire to spend more money... and yet, I have none to spend. What I really want to buy is a sewing machine! I used to have one but we sold it and now I want to get into sewing again. I also have switched to cloth pads and I have this urge to buy (or make) several at once. But all of this will have to be put on hold for awhile.
In a stroke of luck (or unluck?), just as my parents were about to take me off their health insurance (I was going to switch the Uni's health insurance since it's cheaper) when I started developing abdominal problems after my meals. My doctor told me that it's mostly likely an ulcer or a gallbladder stone. I have an ultrasound for this Friday.
Work is going well. My muscles are really sore from all the weddings/banquets I've worked but I'm making a good amount in tips.
I hope everyone's summer is going well!
Bad Timing
June 5th, 2008 at 01:07 am
June 5th, 2008 at 01:13 am 1212628406
In short though, you only need to carry collision coverage if you want your physical car covered in an accident. Like if you wreck it, do you want the insurance company to give you money for what your car was worth, or are you okay just sucking up the loss?
At your age (I'm only a few years older), sometimes the cost of carrying collision coverage outways the benefits, depending on how much your car is worth.
Sorry for the insurance tangent - but glad you got it all worked out!
June 5th, 2008 at 02:24 am 1212632687
It's always helpful to go over the insurance a few extra times.