I hope you never have to use what I’m about to discuss here: Insurance. Insurance is one of those financial products that you should have, but hope that you never actually use. Unfortunately, accidents do happen and those who have an insurance policy will be happy they planned ahead.
insurance
How to make more money with your emergency fund
This post will walk you through the steps to leverage your emergency fund to make more money…. Everyone’s definition of an emergency is different. But, if you want it to be of some use to you, you need to have a strict definition of an emergency. Your emergency fund should put more dollars into your pocket once it has been well established. Here is how:
Long Term Care Insurance: Are Seniors The Only Ones Who Need it?
Many in their 40s and 50s begin to wonder about long-term care insurance. They may be taking care of an aging parent or seeing someone they love that needs an assisted living facility, in home health care, or a nursing home. So that brings up an interesting question: who needs long-term care insurance?
What is Private Placement Life Insurance?
Private placement life insurance describes a type of variable life insurance that is only offered privately and not through a public offering. It can be a great a defensive tax strategy that transforms ordinary taxable income as well as capital gains into tax free income without any income tax reporting requirements under, and it is all done legally…
Buying life insurance for your parents: Is it wise? Is it wrong?
Would you take out life insurance on your parents? Why or why not? Recently my siblings have been talking to my mother and I about taking a life insurance out for her, in the case that she passes, a sum of money could be left for her kids and grandkids. The idea would be that we would all co-fund this insurance with her and them.
