Just as no two people are alike, life insurance has no one-size-fits-all formula for the amount of coverage one should have. The type of life insurance and amount of coverage you should choose are based on such factors as your income, number of dependents, any existing coverage that you may have, and future anticipated expenses that your family may incur, such as college tuition or home mortgage amount. It’s therefore important to carefully select a life insurance policy and coverage amount to help ensure that you have adequate coverage should something happen to you.
Here are some considerations for choosing your coverage:
The holidays are a time for giving. Generosity, however, may leave you with an empty wallet as well as a full heart. According to the American Research Group, Inc., the average person spent $801 on holiday shopping in 2013. What’s a good way to keep the spirit of the season when on a tight budget?
Consider making a homemade holiday gift that can be perfect for next-door neighbors, children’s teachers, or your fourth cousin twice-removed. Here are some low-cost gift ideas:
No matter what your financial situation, talking about money can sometimes seem uncomfortable, but it’s important to teach your children financial literacy – and to teach it to them again and again. The best way to teach is by example, so that your children can gain valuable, lifelong lessons.
Perhaps more than at any other time of year, the winter holiday season sends consumers into a shopping frenzy. For 2014, the National Retail Federation projects that consumers will spend an estimated $616.9 billion, a 4.1 percent increase over last year.
Some shoppers will plunk down cold hard cash. Others will swipe their credit card or debit card. What about shoppers who lack any of those means of payment? Well, they aren’t necessarily left out in the cold.
Winter holiday celebrations worldwide overflow with taste-tantalizing delicacies and multi-course meals. They also mean the arrival of guests bringing not only good cheer, but also side dishes, pets and bouquets of flowers. Add a live Christmas tree to the festivities and you have the right ingredients for a perfect allergy storm.
So, what’s a host or hostess to do? The answer is to ask guests ahead of time if they have any known food, pet and airborne allergies and to share that information to help minimize the risks to all guests.