Life insurance is boring. Who wants to curl up at night and read the fine print of a life insurance policy? Nobody normal that’s for sure.
Still, if other people rely on you financially, there’s no topic more important. This is true for healthy people and even more important for people who face health challenges.
Fortunately, it really isn’t that difficult to understand. Boring, yes; but complicated, no.
You pay premiums to the
Continue reading A Life Insurance Primer for Newbies
Getting a ticket while driving always has an impact on car insurance rates, but the significance of the impact that is made to car insurance rates differs according to the violation. While it is important to avoid breaking laws while driving, knowing just how serious a violation can be in relation to car insurance rates can help you understand how you’ll need to budget for higher rates after getting a
Continue reading How Different Types of Tickets Affect Auto Insurance Quotes
Awhile back I bought four new tires for my 1997 Honda Civic. The tires came with a pro-rated 65,000-mile guarantee and were $74 each, or just under $300 for the entire set.
As the salesman was tallying up the bill he asked me if I would like to purchase the extended warranty for my brand new tires.
“And how much is that?” I sheepishly asked.
“It’s only $9.95,” came the salesman’s immediate reply.
Continue reading Why Extended Warranties for New Tires Are A Waste of Money
Last month our previous cell phone contract finally expired. That made the Honeybee happy because it meant we could finally move to a new carrier with better coverage.
However, nobody was more excited than the kid with the fastest thumbs in the West, my son, Matthew, who no longer had to endure the supposed indignity of being stuck with an “uncool” Nokia Gravity phone because our new plan included three iPhones.
Continue reading Is Cell Phone Insurance Really Worth It?
In 2005, as a rather interesting educational experiment, the Life and Health Insurance Foundation for Education surveyed 1,014 adults asking, “Out of the following fictional characters, which are most in need of life insurance: Batman, Spider-Man, Fred Flintstone, Harry Potter, or Marge Simpson?”
It certainly seems like a fairly absurd question to ask, but there was a very necessary, and educational, purpose for asking this question: to determine Americans’ understanding of
Continue reading Understanding Life Insurance: Does a Superhero Like Batman Need It?
Internationally-known daredevil Karl Wallenda earned his fame by performing acrobatic acts high above the ground — without a safety net.
For years, Wallenda had performed his dangerous stunts countless times without incident, but on March 22, 1978, his luck finally ran out. While walking 121 feet above the pavement on a high-wire stretched between two towers of a Puerto Rico hotel, an unfortunate combination of improper rigging and strong wind gusts
Continue reading 9 Important Tips for Managing Financial Risk
Most folks are really good about making sure they have the proper amount of insurance for their home and automobiles. But when it comes to ensuring the survival of their family in rough economic times, well … not so much.
I recently explained why I believe an economic collapse is inevitable and what it would look like.
If history is any guide, the good news is that economic collapse won’t result in
Continue reading Economic Collapse 101: Ten Ways to Prepare for the Unknown
Although we refuse to admit it, everybody is occasionally guilty of holding on to things a little longer than they really should.
I often question the Honeybee’s motives regarding her proclivity to keep around old birthday cards and our kids’ elementary school papers. If you’re interested, I’m sure she can show you the very first perfect score Matthew ever received on a spelling quiz he took in kindergarten. Never mind that
Continue reading How I Know When to Drop Collision & Comprehensive Auto Insurance
The 1906 San Francisco earthquake showed why it's a bad idea to build brick and masonry buildings in an earthquake zone.
Early last month my then-12-year-old daughter Nina had her nerves frayed by three magnitude 4.5 earthquakes that struck Southern California over a two-day period.
Although the three temblors were extremely modest by Southern California standards, the epicenters were roughly five miles from our home — which meant we were among
Continue reading All Shook Up: The Pros and Cons of Earthquake Insurance
As this penny illustrates, even the United States Mint occasionally makes money mistakes.
I’m not ashamed to admit I’ve made more than a few mistakes in my lifetime. After all, everybody screws up occasionally; for us humans, mistakes come with the territory.
For example, I remember the time I decided it would be great fun to play Wii golf for eight consecutive hours. So I did.
Unfortunately for me, my middle-aged left
Continue reading The 50 Biggest Money Mistakes Household CEOs Make