Sometimes I think people forget (or don’t care about) what the main purpose of life insurance is. This post is going to ignore whether you should buy term or whole life, or whether you can create your own pension using whole life insurance, or whether you should buy life insurance on your young child, instead…
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Many business owners, especially smaller businesses owners rely heavily on one or two key employees; but what happens if that key person dies? How long will it take to get that business up back to its previously efficient way? How much will it cost to retrain someone? Those are obviously questions that only a business…
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Sometimes, you need liquid cash, but not sure where to “find” it, and don’t worry I haven’t lost my mind I would never recommend ridiculous 20%+ cash advances or the usually evil payday loans. The following ways should only be used when you need a good amount of cash, I would say the starting point would be…
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As we get into the holiday season people start to feel charitably inclined, and yes you could just drop some coins with the unenthusiastic guy with a bell, give a $20 spot at church, or write a check…but what if there was a bigger bang for your proverbial buck? Over the next couple weeks I will…
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Purchasing life insurance is a bigger discussion than just replacing one income…sometimes you have to replace two! Over the years I have watched a lot of my favorite personal finance bloggers talk about calculating life insurance need, and I never understood why their calculations only take into account replacing one income. Two recent posts on…
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I received an interesting e-mail in response ot my post about buying life insurance on a child. In that post, my basic contention was that if someone isn’t able to work because of a loss of child, why wouldn’t they insure the child’s life so that one can grieve without the worry of working? The e-mailer…
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