article thumbnail

Why Life Insurance Should Be Part of Every Entrepreneur’s Business Plan – Life Happens

Savings Corner

Benefits of Life Insurance for Entrepreneurs and their Families Integrating life insurance into your business plan can provide a multitude of advantages for both you and your family. The proceeds from your life insurance policy can be used to repay these debts, ensuring that your family is not responsible for settling them.

article thumbnail

HELOC Vs Home Equity Loan: How Do They Work?

Savings Corner

But it’s a revolving debt that offers an amount of funds (a replenishable balance, similar to a credit card limit) tied to the level of equity in your home. Others use them to pay off high-interest credit card debt or other bills. $16 Debt-to-income (ratio): You’ll need an acceptable DTI to qualify for funding.

Home 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How We’re Using Upromise to Save for College

Family Balance Sheet

Way back in 2008 I signed up for a Upromise account and then it sat unused for many years. Back in 2008, I was a mama to a toddler and infant, so a lot of things slipped my mind. To take advantage of the bonuses, you must link your eligible 529 College Savings Account. Instead, it is my honest review. Hello, 2020.

College 130
article thumbnail

4 Tips To Starting Your Financial Plan

Saving Cents With Sense

Creating a short-term budget and long-term financial plan can not only help you get out of debt once and for all, but they can also guide you to economic independence and prosperity. Most people want to get out of debt, while others want to save for their children’s college educations or a new home. Never Pass up Free Money.

article thumbnail

Meet a Reader | Kim from Iowa

The Frugal Girl

We bought our house as a short sale in 2008. We never would have been able to afford it in normal times, but we had spent many years making frugal choices that put us in a position where we could take advantage of the opportunity. We also love travel and plan on doing much more of that when we retire. What’s your best frugal win?

Iowa 166
article thumbnail

Should You Consider Investing Your Money?

Prairie Eco-Thrifter

GDP fell by 25% and markets crashed far more than they did in 2008. In my view there is likely to be a lot of pain in the global economy which is weighed down by huge amounts of debt at personal, business and government levels. One striking example is the great depression of 1929.GDP

Money 186
article thumbnail

Stay the Course Financially

Prairie Eco-Thrifter

When the Great Recession began in 2008/2009, my boss at the time (a Vice President of the company) and her spouse consulted their financial adviser to see what they should do. They asked him what would likely cause us to come out of recession. He was retired and unable to resume work. Recent graduates were also hard hit.