Would you be affected if you or the primary wage earner in your family passed? One in three homes say that they would have immediate trouble paying living expenses1. September is Life Insurance Awareness month, meaning companies like Life Happens and LIMRA are working together to help educate the masses about the importance of life insurance.…
What if you were diagnosed with cancer tomorrow? How would your life change? Now I know that things like cancer don’t happen to people like you and I. They only happen to celebrities like Christina Applegate, Lance Armstrong, Sheryl Crow, or my friend, Pam, who was diagnosed with breast cancer earlier this week. Cancer is not fun…
“Hey Mom – I saw this really sweet bike I want to buy. The bank will loan me the money and interest isn’t that high, only six years to pay off…” When I heard a friend’s son talking about that, I cringed. When my husband was thinking of retiring we had a similar conversation. My…
So often when we purchase life insurance, whether Term Life, Whole Life or Guaranteed Universal Life, the first thing we think of is who will benefit from it; those we leave behind. We seldom think about using life insurance while we’re living. The reality is there are many reasons to use it during our lifetimes.…
“I already have a term life insurance policy through work that will pay triple my salary if anything happens to me. I really don’t need anymore than that, right?” The simple answer is, you only need that term insurance policy if you don’t plan to outlive your employment. That policy only covers you for the…
“I’m not that far from retirement and I’ve still got some debt. I don’t have a lot of savings, but I have some. I don’t know if I have enough time left to save now.” It really is never too late to start saving. It just takes planning and the right savings options. Sure hindsight…
“I think I got a really good deal on my new car, but I’ll be paying on it for six years. I negotiated a great price though.” The difference between the really great price and the cost of the vehicle is where the difference lies. Most people look at a purchase and see the price…
A recent discussion with my own children helped me realize just how much I don’t need much more than I already have. I don’t need a new car just yet and I can make due with the furnishings I have until I save for something newer. To purchase something on a credit card or buy…
“It seems as though the harder I work the more I have to work to get ahead. At the same time I watch other friends and colleagues seem to be able to take vacations, retire early or enjoy life while I toil. How do they do that?” There is no way to compare one person’s…