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How Much Life Insurance Do You Need?

In a recent post, I provided some guidance as to who needs life insurance. If you determine that you need it, the next question is, “how much?” You’ll hear about various guidelines for answering that question, usually based on multiples of your salary. Some say you should carry life insurance with a death benefit equal […]

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Profitable Ideas: Why It Pays to Spend More, 7 Pieces of Life-Changing Financial Advice, and More

A weekly roundup of some of the more interesting and helpful personal finance articles I’ve read recently. Worth the price: The actual cost of quality vs. quantity (No Sidebar). With apologies to all the frugalistas out there, many times, it pays to spend more. Selling what they preach (The Atlantic). A fascinating look at the […]

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An Identity Theft Like No Other

Identity theft has become a common crime, impacting millions people each year. As bad as the problem is, about a hundred years ago, an identity theft took place on a far grander scale. Everyone’s identity was stolen. Amazingly, this huge heist didn’t make headlines, and it didn’t prompt any calls for greater security. In fact, […]

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Profitable Ideas: Lessons for Living, The Limits of Minimalism, and More

A weekly roundup of some of the more interesting and helpful personal finance articles I’ve read recently. Some lessons for living from older generations (A Wealth of Common Sense). One of the absolute best ways to learn about life—the financial aspects and everything else—is to ask those who’ve gone before us. The observer effect and […]

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3 Tough Truths About Investing

Investing is arguably the most complicated and intimidating part of money management. To make sure you’re moving in the right direction with your investments, consider whether these three possibilities are true for you. You may not be investing enough. One of the big trends within workplace retirement plans, such as 401(k) plans, is “auto-enrollment.” It […]

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Profitable Ideas: How to Keep Everything You Earn, The Limits of ‘Conscious Consumerism,’ and More

A weekly roundup of some of the more interesting and helpful personal finance articles I’ve read recently. How to keep all your earnings (Humble Dollar). Ever heard of the “10, 10 and 40” rule? With a high deductible, even a doctor can shortchange his health (Washington Post). If you have a high-deductible health plan, does […]

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