"Waste no more time arguing what a good man should be. Be one." –Marcus Aurelius
There are a lot of people you’ll interact with when you make purchasing decisions who will try to influence your decision. Mostly it’s easy to understand where they are coming from. Your friends and family want what’s best for you, but that may be influenced by their own preferences or desire to have you be…
Let’s talk insurance again – this time, life insurance. How does it work, and who should have it? Life insurance is, of course, something you get because you are betting that you will die soon (or your wife wants to make that bet…). Just kidding. It is still based on life and death. Like all…
Having discussed health and disability coverage, let’s move on to long-term care insurance and who needs it. Long-term care, or LTC, coverage is not exactly medical insurance. It doesn’t pay for medications, surgery, or doctor’s visits. What it does pay is for the cost of aid you need with daily living. Basically this means nursing…
This is the first in a series of articles about insurance, which is a large expense that everyone has to deal with. Everyone meaning us Americans, as much of this doesn’t apply to other developed nations. In much poorer and less developed nations your safety is your friends and family; in other developed nations it’s…
The second type of insurance I want to discuss for financial awareness is Disability Insurance. This is coverage that will continue to pay you if you suffer some kind of temporary disability due to accident or illness and are unable to work. How long ‘temporary’ will be covered depends on what you buy, and Disability…