Insurance

Universal or Variable Life Insurance; Should I Buy?

By on Feb 27, 2014 in Guest Post, Insurance, Investing | 10 comments

Do You Need Whole, Universal of Variable Life Insurance? Ben Luthi of The Wealth Gospel asks, Q: In what situations is it better to have universal life, variable life, or other investment-based insurances? Guest Contributor, Ben Luthi of The Wealth Gospel Life Insurance Reverse Pitch Have you heard of the “reverse pitch”? That’s when someone asks...

Read More

Term Insurance: Not Always the Right Answer

By on Jan 23, 2014 in Automatic Saving, Guest Post, Insurance, Investing | 13 comments

Your Investing Questions Answered #5 Jeff from Good Financial Cents asks, “When is whole life insurance a good investment for someone?” Response by Guest Contributor, Ben Luthi of The Wealth Gospel In the personal finance world, it is hard to find neutral ground when it comes to life insurance. On one hand, there are some heavyweights who are violently...

Read More

DO BILLIONAIRES NEED AN EMERGENCY FUND?

By on Nov 11, 2013 in Automatic Saving, Debt, Insurance, Saving | 28 comments

Versailles Mansion – David Siegel Builds the Biggest House in America “The Siegel’s had to stop construction on Versailles three years ago when financing for Westgate Resorts faltered, putting the company and their personal fortune at risk.” from Susan Berfield, BloombergBusinesssweek, March 15, 2012 How could David Siegel, billionaire owner...

Read More

SHOULD I TRADE IN MY CAR?

By on Aug 28, 2013 in Debt, Insurance, Saving, Wealth | 24 comments

DOES DRIVING A NEW CAR PREVENT GETTING RICH? One of the  most popular articles on this website is How Trading in a Car Every 2 Years Makes Good Financial Sense. It’s ironic that this is such a popular article, as my husband’s “new” car is a 2003 with 90,000 miles on it. My car has almost 120,000 and is still in great condition. That article...

Read More

I'M THINKING ABOUT LYING ON MY LIFE INSURANCE APPLICATION-DON'T DO IT!

By on Jul 19, 2013 in Insurance | 6 comments

Consequences of Lying on Your Life Insurance Application Of course, many of you understand the impulse to tell a little white lie on a life insurance application—or any insurance application for that matter. It’s right there and it’s so easy to check the “I’m Not a Smoker” box, or the “I Have No Previous Medical History” box and potentially save hundreds of dollars...

Read More

SHOULD I LEASE A CAR?

By on Jul 17, 2013 in Debt, Insurance, Saving, Tips | 5 comments

Buy or Lease a Car; The Decision is Personal Have you been considering leasing a car? The pitches are compelling. There have been advertisements for leases under $150 per month. Sounds like a great deal doesn’t it? Not so fast, there’s more to leasing a car than meets the eye. The January/February 2013 issue of Money Magazine highlights “5 Things to Know About Car...

Read More