Showing posts with label Finances. Show all posts
Showing posts with label Finances. Show all posts

Sunday, August 25, 2024

The Importance Of Getting Life Insurance For Peace Of Mind In The Future


If you don't have life insurance yet, now is the time to consider it---and some companies offer instant life insurance! Signing up for it isn't as hard as you may think but it's crucial for your future. Why? It helps your family cover financial burdens after you are gone. These expenses include funeral costs, medical bills, or other outstanding debt such as a mortgage. Essentially, it replaces lost income for the surviving spouse and covers future living expenses. Knowing that your loved ones will be taken care of once you're gone will also give you peace of mind. 

There is a wide range of life insurance policies available, including instant life insurance, so it's important that you do your research before purchasing a plan that is right for you. First, look at your monthly income, expenses, and debts. Calculate what money you have left after monthly bills are paid to see what payment plan works best for your family. Secondly, decide on what type of coverage you need. For example, do you have a mortgage payment, a child's college education to pay, or a personal/business loan debt? Lastly, choose which type of policy will provide exactly what you need. 

Keep in mind that the older you are at the time of buying life insurance, the higher the premium. For this reason, you should consider purchasing a plan while in your 20s and still healthy--or by the time you have people dependent on you, such as a spouse and children. They are the reason you need life insurance---and some policies also cover funds to hire a caretaker if small children are involved. 

It's never too late to prepare for the unexpected. Consider speaking with a financial planner who can asses your situation for the most affordable policy. Once you find the perfect plan, you can rest easy knowing your family will be financially comfortable for years to come.

DISCLAIMER: Please know this partnership is between Responsival and my blog, Menopausal Mother. 

Friday, September 23, 2022

Fly On The Wall Of Financial Woes

     Welcome to another edition of Fly On The Wall group blog postings hosted by Karen of Baking In A Tornado. Today, four bloggers are bravely letting you into their homes for a sneak peek at what goes on behind closed doors. If you were a fly on the wall at my house these past few weeks, you'd hear a lot of complaining about expenses. First, we had to pay off the medical balance for my sweet fur baby's surgery and ICU time. As you know, we lost her despite making heroic efforts to save her. This hurt us in more ways than I can express. Then, we really got slammed with repair bills in August and September. My laptop needed a new battery, my home speaker system blew out, the car still needs a new alternator and the hot tub got fried when the power went out and now needs a new motherboard---all ridiculously expensive. Is Mercury in retrograde again?? Not to mention the increase in interest rates and oh-mm-gee, GROCERY PRICES! My youngest moved back home temporarily a few months ago and all he does is EAT.  

     But all is not lost. I am incredibly grateful to have my whole family living nearby and they are the joy of my life. So who cares if things are tight right now? Next month looks promising! Anyway, here is all the bitching that the fly overheard in my house this month:



"How do you like your expensive new lenses?"
"These progressive glasses make me feel progressively worse about my finances." 



"What's on your bucket list?"
"In light of our recent bills, you can forget my bucket list. I can't even afford the bucket."



"Since we can't afford to go out this weekend, why don't we make a picnic lunch and go to the beach instead?"
"No way--- the last time we did that, you forgot to bring the sunscreen and I ended up looking like a six-month-old forgotten potato in the back of the vegetable drawer."
"At least you didn't grow sprouts...." 



"It won't be like this forever once we get caught up on our bills. There really is a light at the end of the tunnel."
" I hope I see the right light at the end of the tunnel before I see the other one that says, 'Go toward the light..."


"This beach sand is impossible to remove from my feet. It sticks like glitter."
"Hey, that's a great idea---I could invent sand glitter foot scrub and get rich."
"Only if you invent the removal first." 



"Why are you making such an ugly face?"
"Because I'm reading our latest electric bill."
"Don't hold that expression for too long--it might stick."
"As long as we keep getting outrageous bills like this in the mail, this IS my new face."

     Well, it looks like we both have new faces now after paying all the bills. At least they're paid up!

***Want more Meno Mama? I've been super busy---buzzing around the web faster than any old fly. My latest articles for AARP include one for yummy dessert recipes (read it HERE) and a humor piece about my bucket list (read it HERE). And then over at Family Matters, I have a piece up about best historical dramas (yes, I'm an addict!) which you can read HERE. I have also been writing for a new website called The Midlife.com. You can read it HERE, HERE, HERE, and HERE Enjoy!

 

Buzz around these other blogs for a peek into some other homes:

 

Baking In A Tornado                                https://www.BakingInATornado.com

                                

The Diary of an Alzheimer’s Caregiver         https://thediaryofanalzheimerscaregiver.com/blog

 

What TF Sarah                                      https://crazymamallama.blogspot.com/

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