Tips on Taking Life Insurance Test

I’m a big fan of getting life insurance, particularly term.  I came across a post on hello-money.org that has some great tips (some I honestly never thought of) on what to do/not to do befort taking the health test.

Life insurance is an essential part of a sound financial plan for your family, especially if you are the breadwinner.  Term life is inexpensive and a sound investment.  The test is the termining factor on your …

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Posted under Insurance

Written by Matt on October 4, 2008

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Bailout Bill Passes

It’s old news now, but the $700 Billion (actually more than that), bailout bill passed the house and has already been signed by President Bush.  It will stabilize some economic concerns, but there are plenty of costs.

What do you think about all this?  Post your thoughts in the comments.

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Posted under News

Written by Matt on October 3, 2008

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Personal Responsibility and Finance

You’ll find that the theme here when it comes to this blog is that I press personal responsibility.  For me, that means that you are the one responsibile for how you decide to spend your money.  If you cannot afford something, you should not purchase it.

The Fannie Mae/Freddie Mac situation is largely due to people taking out loans they should not have.  People were given loans that they could barely pay off …

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Posted under Spending

Written by Matt on October 3, 2008

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Look to Students for Discount Services

I saw this on the local news tonight and thought it’s definitely worth passing along.  Students are busy learning trades such as automotive maintenance, hair care, and culinary arts.  For these students, nothing beats the opportunity of working for real people with real needs.  To our benefit, these services are offered at lower prices than comparable services offered at professional locations.  The downside is that the service might take a little …

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Posted under Deals

Written by Matt on October 2, 2008

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Don’t Buy Stuff You Can’t Afford

Isn’t it sad how obvious this is and how many people (and even our Government) don’t get it?  It took me longer than it should have to understand this concept

Big hat tip to thinkyourwaytowealth.com for remembering this skit.

NOTE: There appears to be a bug with IE6 where this isn’t appearing on the main page.  Click here if …

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Posted under Budgeting

Written by Matt on October 2, 2008

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