Archive | Insurance


Shoring Up Your Walls of Protection

I still get a feeling of dread in the pit of my stomach every time there’s a severe thunderstorm or tornado warning in our area. It’s been that way ever since the summer of 2010 when we were living in the Chicago area and experienced one of the worst storms our community had ever seen. […]

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Profitable Ideas: The Most Powerful Personal Finance Tool, Taking Frugality Too Far, and More

A weekly roundup of some of the more interesting and helpful personal finance articles I’ve read recently. I used an app to set up my first-ever budget and it changed the way I look at money (Business Insider). Nice first-person account of the benefits of using the most powerful personal finance tool available. Do you […]

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Does Permanent Life Insurance Ever Make Sense?

In recent weeks, I’ve written articles designed to help you figure out whether you need life insurance, and if so, how much.  Once you’ve taken those steps, the next decision will be whether to go with term or permanent insurance. What’s the Difference Between Term and Permanent Life Insurance? Term life insurance. Term life insurance […]

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How Much Life Insurance Do You Need?

In a recent post, I provided some guidance as to who needs life insurance.  If you determine that you need it, the next question is, “how much?” You’ll hear about various guidelines for answering that question based on multiples of your salary. Some say you should carry life insurance with a death benefit equal to […]

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Flexible Spending Accounts Becoming Less Flexible

If you have a Flexible Spending or Health Savings Account, some new rules will soon go into effect that you’re not going to be happy about.  Beginning next year, you will no longer be able to use such accounts to pay for many over-the-counter medicines or drugs (allergy and cold medicines, antacids, acne treatments, etc., […]

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Disability Insurance Disconnect

Your ability to earn income is among your most valuable assets, and yet very few people have disability insurance.  According to a recent survey by Northwestern Mutual, less than half of all adults age 21 or older have disability insurance. The non-profit Life and Health Insurance Foundation for Education provides helpful information about disability insurance, […]

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Does Tony Soprano Need Life Insurance?

Which of the following TV dads do you think has the greater need for life insurance: mob boss Tony Soprano, Cliff Huxtable of the Cosby Show, or Mike Brady of the Brady Bunch? According to a national survey conducted for the non-profit Life and Health Insurance Foundation for Education (LIFE), most people assume Tony Soprano […]

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