25 09, 2017

Life Insurance for Millennials

By | 2017-09-25T19:53:39+00:00 September 25th, 2017|Insurance|1 Comment

Life insurance is a very important topic. Insurance that pays out a sum of money either on the death of the insured person or after a set period. It is basically designed to protect you and your family in the event of your passing. The problem is that many younger individuals do not think about this investment product because, obviously, they don’t think they will be passing any time soon and think they have time to establish financial stability. Below is an explanation as to why someone should still consider a life insurance product even if they are young. What is Life [...]

21 09, 2017

The 4 Smartest Ways to Use A Reverse Mortgage

By | 2017-09-21T13:32:02+00:00 September 21st, 2017|real estate|0 Comments

When you hit retirement age, one thing you don't want to have to worry about is keeping a steady income to support yourself, but unfortunately, that's the exactly the number one thing many retirees are stuck worrying about. No matter how much you plan and save for retirement, there's a good chance you're going to face unpredictable expenses and volatile markets, and unless you're fabulously wealthy, there are likely to come times when you're stretched thin. You may have heard of reverse mortgages as a way to take advantage of equity in your home to provide yourself with cash or a line [...]

21 09, 2017

Is Gambling Online a Viable Way to Make an Extra Buck?

By | 2017-09-21T10:41:31+00:00 September 21st, 2017|Personal Situation|2 Comments

For years, online gambling in the United States was out of the question. Even though, in the early 2000s, the US was one of the biggest markets for online poker and casino operators, a federal law signed in 2006 by George W. Bush put an end to this situation instantly. Since then, US citizens were only able to play online casino games and online poker at brave offshore operators in a legal gray zone, with little to no hopes to do the same legally. Things changed, though, when a DoJ opinion put it into the individual states' hands to regulate or ban [...]

20 09, 2017

Reviewing My Life Insurance Policies

By | 2017-09-19T23:19:54+00:00 September 20th, 2017|Insurance|2 Comments

It has been almost exactly two years since I reviewed my life insurance policies.  I am not sure what it is about September which makes me think about the topic, but it seems that almost every 2 years I take a look at the topic. My Family's Life Insurance Policies I think it is important to understand and learn about the different types of life insurance policies.  I may be one of the few personal finance bloggers with permanent coverage (or at least one of the few that admit it) but these cash value policies are a part of my financial picture [...]

15 09, 2017

How to Reduce Personal Debt

By | 2017-09-15T18:11:08+00:00 September 15th, 2017|Debt|2 Comments

If you are drowning in credit card debt, have payday loan balances or are struggling to pay off personal loans, it may be time to start thinking of ways to reduce what you owe. The good news is that there are many ways in which you can reduce outstanding balances and increase your level of financial security. In many cases, your creditors will work with you to relieve some or all of your debt burden. Consolidate Credit Card Balances Transferring all of your current credit card balances to a new card with 0 percent interest can reduce your monthly payments. Furthermore, you [...]