Life Happens
Learning to Thrive to Honor Our Parents’ Memory
Learning to Thrive to Honor Our Parents’ Memory I lost my father to lung cancer when I was 7 years old. Without his steady income and also without adequate life insurance covering his loss, my mother had to raise my brother, who was 10, my sister, who was 9, and me by herself solely on Social Security and disability income.
The Risk of Being Uninsured (and the Hidden Bargain in Addressing It Now)
The Risk of Being Uninsured (and the Hidden Bargain in Addressing It Now) With all the expenses of everyday living, it’s tempting to think of insurance as just another cost. What’s harder to see is the potential cost of not buying insurance—or what’s known as “self-insuring”—and the hidden bargain of coverage. The Important vs. the Urgent We’ve all experienced it:
3 Questions to Ask When It Comes to Life Insurance
3 Questions to Ask When It Comes to Life Insurance Your life insurance needs will ebb and flow throughout your lifetime. Buying a term policy early in your career or taking a basic employer-issued life insurance policy is a common course of action. However, deciding how much and what type of life insurance you need at each stage of your
5 Reasons Why It’s (Super) Smart for Women to Get Life Insurance—or More of It
5 Reasons Why It’s (Super) Smart for Women to Get Life Insurance—or More of It One of the most harrowing experiences I’ve ever had was during the sixth month of my pregnancy. My husband was out late, hadn’t called, and I was, of course, angry at his thoughtlessness. But this very evening, he had misjudged a bend in a rural,
A Family Torn Apart
A Family Torn Apart Imagine one morning waking up to find that your mother unexpectedly passed away during the middle of the night. Now imagine reliving that horrible experience again 14 months later when your father dies from a terminal illness. I wouldn’t wish that on anyone, but that has been my (and my five siblings) reality for the past
Life Insurance for a Family of One
Life Insurance for a Family of One We spend a lot of time talking about how couples, families and businesses can protect their financial futures with life insurance. But what about if you are single—do you need life insurance, too? There are those people who have no children, no one depending on their income, no ongoing financial obligations and sufficient
Juvenile Life Insurance: The Whys and Hows
Juvenile Life Insurance: The Whys and Hows As a parent, perhaps you’ve been able to check the critical financial boxes for your family. You’ve established emergency funds, secured life and disability insurance, and are on track with your retirement goals. You may wonder, is there anything else I could be doing to help my children? This can be the time
The Cost of Raising a Child AKA Why You Need Life Insurance
The Cost of Raising a Child AKA Why You Need Life Insurance Each year the government (the USDA to be exact) publishes how much it costs to raise a child to 18. The number is staggering. It’s more money than most of us can imagine coming up with, which is why life insurance is so important. You can cover that
6 Reasons People Don’t Buy Life Insurance (and Why They’re Wrong)
6 Reasons People Don’t Buy Life Insurance (and Why They’re Wrong) Let’s face it. Most people put off buying life insurance for any number of reasons—if they even understand it Take a look at this list—do any of them sound like you? 1. It’s too expensive. In the ever-burgeoning budget of a young family, things like day care and car
Key Documents You Should Track and Store Safely
Key Documents You Should Track and Store Safely Do you have your legal and financial documents stored (maybe stashed) in various places around your home? Some in a desk drawer? Others in your closet? Some in a safe? Even more in a file cabinet in the basement? It’s time to get a handle on all your documents and store them