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5 Advantages of Combining Annuities and Life Insurance for Retirement – Life Happens

Savings Corner

Combining annuities and life insurance can be one way to achieve a comprehensive plan that sets you on the right track for a relaxing retirement. You can use both annuities and life insurance as part of your retirement strategy. What Are Annuities and Life Insurance? First, let’s look at the two options.

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IS TERM INSURANCE PURE PROTECTION PLAN?

Prairie Eco-Thrifter

Insurance plans are a vital part of every person’s life for it acts as a safety net for when an individual is in need of monetary assistance due to certain circumstances. Before proceeding further, it is crucial to know what is term insurance and what is meant by pure protection plan. What is term insurance?

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How to Budget (and Pay) for Yearly Bills + a FREE Speadsheet

Family Balance Sheet

They can cause a panic, especially when just one bill is into the four figures, like our property taxes or auto insurance! Our home owner’s insurance, auto insurance, and local real-estate taxes (for our home and our business property) are due, and on top of that, there have been years where we also owed the Federal government.

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5 Insurance Issues for Entrepreneurs

Prairie Eco-Thrifter

Double-check your homeowners policy to make sure that your home office, and the business activities that take place in your home are properly covered by insurance. Once you strike out on your own, you could find yourself without health insurance coverage. You need to make sure that your vehicles are properly covered.

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Why You Should Be Skeptical of Financial “Rules of Thumb”

Prairie Eco-Thrifter

Rules of thumb are often used to make various financial decisions. The rule of thumb that states that it makes sense to spend 30% of your income each month on a housing payment doesn’t take into account the fact that you might have other debts, and that taking on more might over-leverage you. So, What Can You Do?

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Create a Personal Escrow Account for Your Quarterly & Yearly Bills

Family Balance Sheet

Our home-owner’s insurance, auto insurance, and local real-estate taxes (for our home and our business property) are due, and on top of that, we also owed the Federal government this year. We were no longer required to send an escrow payment to the bank for our real estate taxes and home owners insurance.

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Create a Personal Escrow Fund | 31 Days to Organize Your Finances

Family Balance Sheet

Do you go into panic mode when your car insurance bill arrives? Does your property tax bill give you anxiety? Our homeowners insurance and property taxes are not tied in with our mortgage so we receive those bills and are responsible for paying them instead of the bank that owns the mortgage. That used to be me.

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