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

Savings Corner

It can replace your lost income, ensuring that your family can continue to pay for bills, the mortgage, groceries, college tuition and more. Take Mike Jaap , for example, who used the cash value in his policy to keep his small business afloat during the economic crisis in 2008.

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Pros And Cons Of A Home Equity Line Of Credit (HELOC)

Savings Corner

This means that your rate can go up or down based on economic conditions, monetary policy and other factors. HELOCs can be a good option if you have substantial equity in your home and you know you’ll need access to cash with some regularity over a period of time — college tuition bills over the course of several years, for example.

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What Is A Personal Loan?

Savings Corner

Using a personal loan is only a good idea when it is consistent with being able to achieve other financial goals,” says Mark Hamrick, Bankrate senior economic analyst and Washington bureau chief. “If However, many lenders prohibit the use of personal loans to cover college tuition fees. Can anyone get a personal loan?

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