The prudent see danger and take refuge, but the simple keep going and pay the penalty. – Proverbs 22:3 About 37 million U.S. households have no life insurance, according to industry trade group LIMRA. For many, the cost of coverage stands in the way. But there may be some, such as singles and married couples […]
In a previous 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 […]
A weekly roundup of some of the more interesting and helpful personal finance articles I’ve read recently. Why you might go bankrupt if your next-door neighbor wins the lottery (Wall Street Journal). Really interesting research into the whole keeping-up-with-the-Joneses phenomenon. Life insurance made easy (Sketch Guy – a NY Times blog). A simple two-step process […]
No one has ever accused an insurance policy of being a page-turner. However, those packets of boring legalese are essential for financial success. Let’s look at some of the most important types of insurance so you can determine how to get the right coverage at the right price. Life Insurance Do you need life insurance? […]
There are tons of great personal finance articles on the web. Here’s my highly subjective list of 10 of the best from recent weeks – 5 from traditional sites, 5 from blogs. How Die-Hard Couponers Do It (via CNNMoney). Feel like you’re missing out because you’ve read about the coupon pros who by $1,000 of […]
In recent weeks, I’ve written articles designed to help you figure out whether you need life insurance, and if so, how much. Once you’ve taken those steps, the next decision will be whether to go with term or permanent insurance. What’s the Difference Between Term and Permanent Life Insurance? Term life insurance. Term life insurance […]
