Why Do You Need Life Insurance?

insurance

Unlike car insurance, which must be purchased and active on any vehicle that you own, life insurance over 50 is not a compulsory product. However, there are certain circumstances where it is highly advisable to have this sort of personal cover in place. Who is advised to get life insurance? Life insurance is an ideal product to put in place if you have dependents or a partner reliant on your income or on having provision in place should you no longer be around. The insurance will help provide for your family in the event of your death, and could help […] Read more »

I Love You Like A Blogger Roundup – 9/26

Who has two thumbs and is taking the day off today?  >>>> THIS GUY <<<< The kids are off to school, and Vonnie and I are off to the Renaissance Festival in Shakopee, MN for the day.  It’ll be a fun day of shows, comedy and eating.  Although I *need* to be relatively mindful of my eating as I am trying to keep the right kinds of fuel in me with my marathon just over a week away. Speaking of the marathon, I’m mentally preparing for it each and every day.  I’m anxious.  I’m excited.  I can’t wait.  Did I […] Read more »

Tips for Running a Carpool

carpool

  A carpool is an ideal option for workers in the same area to travel to work together. This saves money over a period of time in vehicle repairs and gas. It is ideal to pair smokers with smokers and non-smokers with non-smokers when possible.  Creating a checklist for every participant is important to help run an effective carpool. Collect Weekly Gas Dues As a member of a carpool, each person should contribute $5 to the weekly pool. This puts between $20 and $30 in each driving member’s gas tank. The idea of the carpool is to trade off each […] Read more »

How to Raise Financially Savvy Kids

kid-money-table

You’re counting on your kids to grow up into financially savvy, independent adults, but unless you take the time to teach them good personal finance habits yourself, they might not. Most American kids don’t take any personal finance courses in school; only 17 states teach personal finance in high schools and only six require students to pass a test in the subject before graduating. Even if you live in one of the states where personal finance is a part of the high school curriculum, researchers at Cambridge University have found that people develop their adult personal finance habits by seven […] Read more »

Credit Cards Are Officially NOT For Me

CClock

Some use credit cards for as many of their day to day expenses as possible in order to rack up reward program points. Some even go through a process called credit card churning to earn points for signing up for a new accounts in exchange for cash, airline miles, or travel accommodations.  I know people that have taken their entire family on a free, or nearly free, trip by using such methods. Good for them, as long as they’re using their cards responsibly. But this kind of “beat the system” mentality is not for everyone. Not everyone has the internal […] Read more »

I Love You Like a Blogger Roundup – 9/19

This weekend the 2014 Financial Blogger Conference is taking place in New Orleans.  It’s the 4th year of the conference, and the first one Vonnie and I are not attending.  The conference has traditionally  been a fantastic shot of motivation to keep my blogger juices flowing.  I’m a bit down that I’m missing it this year, although I am grateful to follow along virtually by reading blog posts of my friends and fellow bloggers attending, as well as through the steady stream of Facebook updates.   Hope to be back at next year’s conference. In the meantime, it’s Friday, which means […] Read more »

The Best Mystery Shop EVER

mysteryshopper

I had heard about mystery shop jobs paying hundreds of dollars, but I had never seen one. Not until last week. I got into mystery shopping as a way to put a little extra breathing room into our budget while my wife and I fought our way through a debt management program paying off $109,000 of credit card debt. The average shop I pick up pays around $15. Nothing spectacular, but if I do three or four of them a month, the extra money is always appreciated. However, the low pay per job is one thing that prevents people from […] Read more »

Is Car Insurance Worth Your Time And Money?

honda-civic

Do you have car insurance? Standard liability coverage is mandatory in many jurisdictions, but opting into other types of coverage might be in your best interest. After all, liability doesn’t compensate you if your car is unexpectedly stolen. It rarely pops into your head that you could be the victim of a carjacking or a simple B&E that leaves your property in ruins. But car thefts and vandalism are common across all of North America, with many models specifically targeted by thieves due to their popularity. Casualty insurance organizations in the US and Canada recently released lists of the top […] Read more »

I Love you Like A Blogger Roundup – 9/12

We’ve had some house guests this week, my parents on Tuesday night, and some friends of ours from the Minneapolis/St. Paul area Wednesday and Thursday night.  Since my city, Rochester, MN, is the home of the Mayo Clinic we offer up our home as a place to stay when friends and family are referred there for tests.  While the circumstances for seeing people isn’t always the best, we’re always happy to spend time with loved ones, and take a bit of stress off of their need to come to town. I’ve been enjoying the heck out of the cooler temps […] Read more »

Playing with fire: is life insurance a main course or luxury dessert for you?

life insurance

Do you have life insurance? I do. I have so much life insurance, I joke that if something were to happen to me, John will be a very wealthy man. It is a bad joke, I know. John’s been telling me that since the very first time I mentioned it. It may be a bad joke, but it is the truth. My life is insured for close to $800,000 in two different policies; one of these is part of my pension plan. This is quite a bit less than the amount for which David Beckham’s legs were (are?) insured but […] Read more »

Are You As Financially Savvy As A 7th Grader?

Student

My daughter and I always have a good time together. We have similar personalities, interests and senses of humor. She was aware of our situation as we fought to pay off over $109,000 of credit card debt, and even shared her perspective on our journey in a guest post here on Enemy of Debt. She apparently also paid close attention to how our view on money and what is important in life changed over the last few years have changed. I found this out through a conversation we had last weekend. We had gone to the mall to buy a […] Read more »

I Love You Like a Blogger Roundup – 9/5

Yesterday’s high in Rochester, MN was close to 90.  Today it will struggle to get our of the 60’s.  Guess what peoples,  Fall is officially on it’s way.  While I LOVE summer, Fall’s cooler temperatures and lowered humidity makes for great running weather.  There’s also the start of the NFL season (first game kicked off last night!) to soften the transition away from summer. Along with those cooler temperatures comes the turning off of the AC, the opening of windows, and MUCH lower utility bills.   My electric bill literally gets cut in half for the next couple of months, and […] Read more »

Are You Taking Care Of Your Money?

Money Safe

Do you take good care of your money? Think about that question for a few minutes while I tell you a story. My daughter went to an outdoor swimming pool over the weekend with a friend’s family. The weather was hot making it a perfect day to go swimming. Even though the pool was crowded, my daughter had a fantastic time. Until she discovered that the $20 she brought with her was missing from her swim bag. She wasn’t the only one that had lost money, either. Her friend’s mother had $40 stolen from her purse as well. Apparently, the […] Read more »

I Love You Like a Blogger Roundup – 8/29

Here we are, the last weekend of Summer.  I have to do a 17 mile run,  a fantasy football draft, some last minute school shopping, and our neighbor is having a neighborhood party.  We’ll be throwing back a few cold ones, grilling some food, and putting together the 200 foot slip-n-slide down the hill of the park that extends from our backyards.  It’ll be a busy but fun weekend, and except for the school shopping part. relatively tame on the checkbook.  Then, next week it’s back to school for the kids, and back to her job at the school district […] Read more »