Life

The Employment Guide

Finding new employment is essentially a full-time job in itself. Depending on your personal circumstances, be prepared to dedicate up to 40 hours a week. The whole process could take several months. Fortunately, you have an abundance of resources and tools at your fingertips to facilitate the job-search process. Using these tools effectively can drastically …

Categories: Life

Mistakes Happen, The Trick is to Learn From Them

I’m excited to introduce you to another Simple Dollar writer, Frank Addessi. Frank has written about funeral insurance, whole life insurance, fire insurance and more — be sure to take a look at all of his articles. Feel free to share your experiences in the comments, or reach out to the writers via their contact …

Categories: Insurance, Life

A Rookie Life Insurance Mistake I Made and How You Can Avoid It

For more than six years, I’ve shared my financial mistakes and successes on The Simple Dollar. I know the information that’s out there can seem dense and impersonal to everyday consumers, and I started TSD because I wanted to change that. That’s why I’m excited to introduce a series of posts that will highlight one …

Categories: Insurance, Life

Three Life Lessons About Life Insurance

Life insurance is a topic that has danced in and out of my life over the years. The Simple Dollar has even written a guide on life insurance. But here are three little tales about the times when life insurance has impacted my life and what valuable lessons I’ve taken away from those experiences. A …

Categories: Insurance, Life, Planning

Choosing Life Insurance

A few weeks ago, I put out a call on Twitter and on Facebook for detailed posts that people would like to see. I got enough great responses that I’m going to fill the entire month of July – one post per day – addressing these ideas. On Facebook, Andrea asks “What kind life insurance …

Categories: Insurance, Life

Should I Buy Life Insurance for My Children?

This is a question I hear all the time from readers who are parents – and it’s a question that comes up in our own household as well. Should our children have life insurance policies? I’ve done a lot of research and soul-searching on this topic. What follows are the conclusions I’ve come to on …

Categories: Insurance, Life

Trimming the Average Budget: Life Insurance

This is part of an ongoing series about how to trim the budget of the average American. As this series focuses on such broad-based tips, some will work for you and some will not. You’re invited to mention in the comments the tips that you found to be the most useful for inclusion in a …

Categories: Insurance, Life

How Much Life Insurance Do You Really Need?

I can’t tell you how often I’m contacted by readers who tell me the story of their lives, then ask the big question: how much life insurance do I need? I’ll hear from twenty four year old single women and forty year old men with a wife and three children. I’ll hear from people with …

Categories: Insurance, Life

Where Can You Turn If You Lose It All?

I received a long email recently from an utterly despondent woman (that I’ll call Ellen) who was caught in a devastating situation. A year ago, she was a stay-at-home mother with three preschool-aged children. Her husband worked at a high-paying job that seemed to have great long-term potential and it seemed as though their life …

Interesting Insights Into Life Insurance From An Actuary – How He Would Buy Life Insurance

One of my closest friends in the world completed a Ph.D. in mathematics recently and became an actuary for a very large life insurance company. I had lunch with him recently just to catch up on things and we spent about ten minutes talking about life insurance itself. He basically told me that if I …

Categories: Insurance, Life

The Life Insurance Question: Why Anything Other Than Term Insurance Is A Mistake (For Me – And Maybe For You)

I recently had a heart-to-heart with my parents where I convinced them to cash in a whole life insurance policy that they bought for me when I was very young. They bought it for me when they were concerned that I wouldn’t live very long due to some poor health in my early childhood, but …

Categories: Insurance, Investing, Life