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I Just Graduated. Isn’t It Too Early to Talk About Life Insurance? – Life Happens

Savings Corner

Whether you’re continuing your education, entering the workforce or settling down with someone special (or all of the above), life insurance should be part of your plan. Isn’t life insurance for older people?” Here are a few reasons to consider purchasing life insurance now, depending on your personal situation.

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Our 2019 Financial Goal

Family Balance Sheet

Save $10k in a savings account, specifically earmarked for medical expenses. It was an easy process and I know that we could have saved money by doing it online, but I trust that everything is properly complete. Why We Chose Medi-Share, an affordable solution to traditional health insurance. 1 – DONE!!

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How We Paid off Six Figures of Debt

Family Balance Sheet

It was so big that I cried for two days straight– we paid off six figures in non-mortgage debts. How we got to six figures of non-mortgage debt: In the summer of 2012, we found an opportunity to purchase an office building for our small business. After the first year, the new business debt weighed on me.

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Managing Family Finances: Tips and Strategies for a Better Financial Future

Penny Pinchin' Mom

And by then, saving will have become part of your regular routine, and you won’t bat an eye. Look Into Life Insurance Do you have a life insurance policy? Life insurance will come in handy should anything happen to you or your spouse. It is also generally more affordable and flexible than other types of life insurance.

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Get your FREE Family Balance Sheet Excel Spreadsheet

Family Balance Sheet

Back in October 2003, I left a corporate career as a department store buyer with a nice reliable paycheck and benefits– including health insurance –to join my husband in the land of self-employment. I feel strongly that everyone should understand how their assets stack up against their liabilities/debts. Change #1.

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So here’s what I got.

Saving In Akron

I did not go into debt for this vehicle. I have always lived below my means, and although my income is never the same from month to month, I have always saved during the good months. Lack of debt means freedom and the ability to make the choices you want to make. I paid cash. Anyone can do this.

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Our 2018 Financial Goals

Family Balance Sheet

2 – Save $10k in a savings account, specifically earmarked for medical expenses. I won’t rehash our health insurance story here, because I have written extensively about it and INCLUDED OUR NUMBERS. Read our Health Insurance Story: . What We Left Traditional Health Insurance.