article thumbnail

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?

article thumbnail

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?

Insurance 185
Insiders

Sign Up for our Newsletter

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

article thumbnail

Providing for Your Child’s Future

Prairie Eco-Thrifter

That got me started thinking about life insurance. Life Insurance as a Guarantee If something were to happen to me, I need to ensure that my child will be taken care of. Start Early for Greater Benefits Life insurance rates are less expensive when you are young, so it’s to your advantage to look into policies early.

article thumbnail

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! But let me show you how to budget (and pay) for yearly bills with a strategy I’ve used for years. Our Story: April is always a very expensive month for us. auto insurance – due yearly.

Bills 130
article thumbnail

5 Insurance Issues for Entrepreneurs

Prairie Eco-Thrifter

Here are 5 insurance issues to watch out for: 1. Business Use of Your Home. We know that homeowners insurance is necessary if you want to protect what is likely your biggest asset. However, some homeowners policies don’t cover the business use of your home. Life Insurance.

Insurance 100
article thumbnail

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? That used to be me. 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.

Finance 100
article thumbnail

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

Prairie Eco-Thrifter

Rules of thumb are often used to make various financial decisions. Rules of thumb can be useful in terms of starting points for deciding on what to do next. And what happens when you add in property taxes, utility, home insurance, and maintenance? Circumstances — And the Markets — Change. So, What Can You Do?