What is Life Insurance?Written by Tim Gorman
Life insurance protects you and your family from economic hardship as a result of death. It is an insurance company’s obligation to pay recipient of your choice a pre-determined amount of money when you die in exchange for timely payment of premiums while you are living.Do you really need life insurance? Well do you want to provide for your family and loved ones in a manner to which they have become accustomed in untimely event of your death? If you are primary breadwinner who will pay mortgage on house your spouse and children live in if you pass? Who will provide financially for your family if you are gone? How will your children’s education be financed in your absence? And finally how will your burial expenses be covered? Now that you have decided you do indeed need life insurance, how much do you need and if you already have life insurance do you have enough? Some things you will need to consider when making this decision: How much can your family afford to pay off your mortgage loan or your rent if you die?
| | Free Money Saving Tips – Part 1Written by Tim Gorman
With high cost of gasoline and amount of money needed to lead a comfortable life slowly increasing many consumers may be worried about how to make ends meet. Fortunately there are lots of ways to save money in a variety of areas. Using any of 5 tips outlined below will leave a little something extra in your bank account at end of month and eventually could influence quality of lifestyle you lead. Tip Number 1 – If you want to find out whether or not your home is wasting any of your money you can have a home energy audit done. This simple procedure can identify ways to save up to hundreds of dollars a year on home heating (and air conditioning). In some cases your utility company will conduct an audit for free. Tip Number 2 – In many cases your utility bill can be adjusted in your favor simply by performing your regular chores at a different time of day. Ask your utility company if they offer discount rates during non-peak usage hours. If they do modify your current routine or schedule in order to take advantage of lower rates. For instance instead of doing laundry during day wash your clothes at night after 9:00 pm if your electrical company offers cheaper rates at that time. Tip Number 3 – Your phone bill is another easy target when it comes to looking for ways to save money. Once a year, review your phone bills for previous three months to see what local, local toll, long distance, and international calls you normally make. Write these figures down and then call several phone companies, which provide service in your area. Using phone usage amounts you previously wrote down compare what these other providers offer in order to find cheapest calling plan that meets your needs. Another popular money saving alternative is a bundled package. A bundled package offers local, local toll and long distance, and possibly other services at a better rate then you would normally pay separately. Be sure to also check your phone bill to see if you have optional calling features or additional services, such as inside wire maintenance, that you don't need. Every non-essential option you drop could save you $30 or more each year.
|
