Financial Blog For Busy Families & Impact Investors
A Newlywed's Guide to Updating Insurance
Don’t wait too long after the honeymoon to dive into your finances as a married couple. Getting married is a “qualifying event”, giving you a rare 30-60 day window to change your insurance elections outside the annual enrollment period. Here is how to start reviewing your policies together as a newly married couple.
What is AD&D Insurance?
You can buy AD&D Life Insurance at work and the coverage is cheap - should you buy it?
How to Evaluate your Disability Insurance [video]
Learn how to evaluate your coverage, understand policy definitions, and make informed decisions about protecting your income.
Ask Linda: Which type of life insurance should we buy?
We typically recommend Term Life over Whole Life. Here's why.
Homeowners Policy Review - Part 2 of 2 [video]
Let's review our Homeowners Insurance policy together. We're talking Coverage B - Other Structures, Non-Covered Hazards, and Personal Liability Coverage in this video.
Homeowners Policy Review - Part 1 of 2 [video]
Let's review our Homeowners Insurance policy together. We're talking deductibles and Coverage A - Dwelling Protection in this video.
3 Things to Review Before Buying a Condo
Condo communities come with more stipulations and nuances than single-family homes. Reviewing these items, along with an inspection report by a professional that has experience with condos, can help you make the best decision possible for you and your family.
Your Risk of Becoming Disabled
Disability insurance is necessary for anyone who depends on their income to cover their expenses and savings goals, and would be presented with a hardship if their income was lost.
Separate from your financial plan, you need a "care plan"
If your care plan isn't in writing yet, this will help you get started. Someone turning age 65 today has a 70% chance of needing some type of long-term care services. Costs average $80K per year and can last for 3 years or more. How are you planning to pay for this?