Pharmacy Mistakes Can Cost You!

Medical care is expensive enough, I don’t need mistakes increasing the cost even more. However, that exact scenario almost happened picking up a prescription for my son last week. Had I not noticed it, not only would have cost me money, but it could have compromised my son’s care. I walked out of the pharmacy with a small bag holding a refill of my son’s prescription. As my son drove out of the parking lot, I took the bottle out of the bag noting to myself the bottle was much smaller than the last time I had the prescription refilled. […] Read more »

Nobody Cares About Your Insurance Benefits But YOU

Don’t think for an instant that insurance companies care about saving you money on your medical expenses. It’s your job to make sure they cover everything your plan provides, and that the money actually gets where it’s supposed to go. If you don’t, you could pay hundreds or thousands of dollars too much out of your pocket. My daughter got braces on her teeth earlier in the year. Our insurance provides orthodontic coverage of 50%, with a lifetime maximum benefit of $2500. Each month the orthodontist sends the insurance company a bill for $229 and in return the insurance company […] Read more »

Insurance Enrollment for 2017 is OPEN!

That special time of year is upon us again, my friends. I’m not talking about the holidays, the change in season, or even the start of the NFL season. Enrollment is open for next year’s insurance selection. Millions of Americans are pouring over plan benefit sheets and plan price comparisons trying to make the most cost effective selection for themselves or their family. Many will simply take the option to renew whatever they had last year, leaving the only interesting action to find out how much their bill will go up when January rolls around. That may end up being […] Read more »

Why Batman Will Get Better Life Insurance Than Jabba the Hutt?

life insurance

  Editor’s note: This is a sponsored post that contains affiliate links. Okay. Strictly speaking neither Batman, nor Jabba the Hutt need to have life insurance. It is not what you think: they don’t need life insurance not because they are fictional charters: this only making me feel a bit weird discussing this. Batman doesn’t need life insurance because he is wealthy enough so that if something goes wrong all his affairs can be put in order. Jabba the Hutt may not be as obviously wealthy as Batman. In Jabba’s case, the important matter is that he has no apparent […] 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 »

Buying a Home- Is it a Good Investment?

Buying a Home Is it a Good Investment

Most people have been told at some point that buying a home is a good investment.  We’ve heard from our parents, the media, relatives, and real estate pros that buying a house is a good investment that will help you to secure your financial future. We’re told that investing in a home that appreciates over time will help you secure your golden years by paying it off in your younger years and leaving you without a house payment when your older.  It also provides you with a large chunk of money once you sell it and downsize to a smaller […] Read more »

A Closer Look at Rising Health Insurance Costs

Getting back to that Aetna advertisement. It is not your imagination, health insurance rates have risen much faster than other costs of living. The image above is courtesy of the Kaiser Family Foundation. It illustrates the cumulative changes in health insurance premiums, workers’ contribution to premiums, inflation, and workers’ earnings from 1999-2010. It is important to realize the data on this chart is purely from employer sponsored plans and does not include retirees or the self-employed. The past decade had an overall inflation rate of 31%, or an average 3.1% per year. Earnings during the same time period increased by […] Read more »

Reducing Monthly Expenses to Pay Down Your Debt

Starting the process of paying down your debt involves a lot more than the simple declaration, “no more.” It also requires a thorough review of your personal finances. That doesn’t just mean an assessment of the debts you owe, but also what you spend, on a monthly basis. The first place to start is to see precisely how much money you bring in on a monthly basis. For some, this is easy as it’s simply their monthly paycheck. For others, it’s more complex. But whether you work for someone else, run your own company, do freelance work, or are currently […] Read more »

Three Ways to Decrease Your Car Insurance Payments

This is a guest post provided by the folks at 21st Century Auto Insurance. Sick of paying high monthly costs for your auto insurance policy? According to CNNMoney, there are three ways in which you can lower your car insurance payments each month. 3 Ways to Save on Auto Insurance The source states one relatively new way to cut down on your auto insurance fees is to install a device in your vehicle which can monitor your driving habits, such as acceleration and breaking patterns, as well as how many miles you drive. But, before having one of these devices […] Read more »