Jon Dulin

About Jon Dulin

Hi, my name is Jon and I run Compounding Pennies. I've been interested in personal finance since high school and have both my undergraduate and masters degree's in finance. I also have a Certificate in Financial Planning and am licensed by FINRA. I've spent over 15 years in the financial services industry helping people with their finances. You can learn more about me in my About page.


  1. AvatarG. Silvestre says

    I’m really in search for auto insurance with low rates. Now I know I can do something to eliminate what is not needed by me for a coverage.

  2. AvatarJohnny Shi says

    It makes sense but, I never considered where you live having an impact on your insurance. Like you said it doesn’t make sense to move just because of that. However, I really like living in a small town. This is just one more incentive to do so.

  3. AvatarDelores Lyon says

    Thanks for sharing this advice on getting a good car insurance deal! I definitely agree that it is important to have a higher deductible if you want to pay less every year. In fact, I also think it is important to talk to an auto insurance agent about your rates frequently to make sure that you are getting a good deal.

  4. AvatarJim Sanders says

    Buying a car on a whim may give you some big surprises when it comes to insurance. Keeping insurance in mind when buying a car will help you save a lot of money. You may think you’re only spending a few thousand dollars when you get your first car, but you’re also buying insurance which is a running expense. Thanks for the great tips!

  5. AvatarRandolph Hoover says

    Wow. I’ve never imagined it would cost that much to pay for insurance. These tips can be put to good use once I decide buying a car in the future. Thank you for this post Jon!

  6. AvatarEdmond Vandergraff says

    Wow, that is really interesting that you should actually cancel your collision coverage. I would have never considered doing that if I hadn’t read this article. My wife and I are in the process of getting insurance for our new car. We just want to make sure that we are covered in the case of an accident.

  7. Avatarjack white says

    That higher deductible actually sounds like a good idea. Are you able to and it is as much as you want and progressively get to 1,000? This would be better for me as I am currently at a job that doesn’t allow that for me right now?

  8. AvatarJack White says

    That is why I never understood why people wanted fast cars. They are going to be paying more money if the insurance. Not only that, but how after are they going to go super fast? I am just trying to look for the lowest rate possible.

  9. AvatarCallie Marie says

    Thanks for the advice on lowering home and auto insurance rates. I never thought about the balance between the deducible and the premium as a way to save money. I should set aside $1000 like you suggest, and save that in case i need to pay the deductible.

  10. Avatarbryan flake says

    I am a very safe driver. My record doesn’t even have a fender bender. For years I paid for services like collision and such. At my age, I might not need it anymore. Is that something in the policy I can just up and cancel, or will I need to wait until I renew?

  11. AvatarJonathan Pound says

    Knowing the car you drive is a big tip for helping with auto insurance. Insurance rates differ based on the kind of car you drive, so doing a little bit of research before you buy can help to lower the cost of ownership. If worst comes to worse, talk to an insurer about auto insurance coverage.

  12. AvatarAngela Waterford says

    I never even thought about the fact that insurance is different depending on what kind of car you buy. There’s a couple I’ve had my eye on, and now I’m probably going to have to re-think both options because I want to make sure my insurance costs aren’t crazy. Do you have any tips for finding out the cost in advance?

  13. AvatarRachel Finn says

    I definitely agree that shopping around for insurance is a great way to save money. In the past, I actually did go with the first company I talked to. It resulted in me paying a much higher premium than necessary for months. I will never make that mistake again!

  14. AvatarPatrick W. says

    Spot on, Jon. I would just like to add that young drivers can make a considerable amount of savings if they have a driving course under their belt. For instance, Liberty Mutual offers driving training course discounts to teenagers. This can literally save 10% on overall premium.