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Why We Left Traditional Health Insurance

Family Balance Sheet

Health insurance is a touchy subject. Instead I’m writing about my family’s experience with traditional health insurance and how it has affected OUR finances. Let’s start at the beginning: Health insurance wasn’t always so stressful for me and my husband and to begin our story I need to go back a few years.

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4 Financial Lessons Your Parents Forgot to Teach You

Saving Cents With Sense

Your parents, especially if they are baby boomers, grew up in a vibrant economy that afforded them many advantages. This is especially important if you get a 401K match from your employer, as that’s free money. Cars represent a significant chunk of your budget, with car payments, repairs, maintenance, insurance, and gas.

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Carnival of Financial Planning – Money Management Edition #241 – June 15, 2012

Prairie Eco-Thrifter

Insurance and Risk Mac Hildebrand presents What is catastrophic health insurance coverage? posted at Insurance Providers , saying, “From routine trips to the doctor to extended hospital stays, the average health care bill is $8,000 per year. Without insurance, this could literally break the bank for many people.

Money 124
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Carnival of Financial Planning – Money Management Edition #236 – May 11, 2012

Prairie Eco-Thrifter

Insurance and Risk Hank presents What Is Gap Insurance On Your Car And Why You Need It posted at Money Q&A , saying, “What is gap insurance? Gap insurance is a type of car insurance policy that is designed to cover the gap between what the value of your car actually is, and what you owe on the vehicle.

Money 113
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Seven Retirement Lessons Learned

Prairie Eco-Thrifter

Health insurance is a bit more pricy than when employed, but less than a lot of other people pay. I did deal with this one as soon as possible by moving it in kind to a taxable IRA – so I could take advantage of the Net Unrealized Value taxation rules.

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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Kevin Mulligan from RothIRA.com’s Retirement Planning Blog tells us how to Take Advantage of Retirement Accounts for a Side Business. Crystal from Stupid Cents talks 401k Allocation and where to put your money. A Reverse mortgages has both advantages & disadvantages.&#. Don’t worry, there are options.

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Carnival of Financial Planning – Money Management Edition #231

Prairie Eco-Thrifter

Insurance and Risk. Franklin presents Traditional IRA Versus Roth IRA Contributions posted at Better Retirement Planning , saying, ” Many taxpayers puzzle over whether to contribute to traditional versus Roth tax-advantaged retirement plans. But this is not the same as not “being skilled. We all have skills.

Money 133