Category Archives: Life Insurance

Planning For Your Death

Planning For Your Death

You might be wondering why I am talking about death on a site whose target audience is 20-somethings. Unfortunately, we cannot choose when we will pass and though the odds are in your favor to live a long life, there are outliers and some people do pass away sooner rather than later. As a result, it is important that you take the time to make sure you have the important documents in your life lined up. Here are a few things to think about having. Continue Reading

Young Adults Need Life Insurance Too

Young Adults Need Life Insurance Too

Young adults have their advantages and disadvantages. We’ve talked about this before. We all know this. What we lack in experience, we make up for in ambition, good health and a future full of possibilities. Of course, these are all generalizations. Not every young adult lacks experience, just like not everyone has good health. Not everyone has a future of possibilities. This is what we all must account for: the improbably chance that we may get hit by a bus or not wake up tomorrow. No one likes to talk about this because it makes us feel uncomfortable. But it’s time we start changing that. Continue Reading

Do I Need MORE Life Insurance?

Do I Need MORE Life Insurance?

One of the many financial challenges that young adults face is learning to allocate money to specific aspects of their budget. How much should one spend on this or that. Housing. Food. Retirement. Life insurance. These are all competing factors in our budgets and young adults generally have less money to work with. This inevitably means that some of the most important aspects of someone’s budget are left out of the equation. Without any doubt, it’s obvious that life insurance is one of the first things to go. It’s seen as an elective. In the terms of sports, it’s 3rd string. Rarely used and a waste of money. That is, until it really becomes necessary. Continue Reading