By the time you find yourself wondering whether to use a term or a permanent product like whole life insurance, you probably are trying to make sure that someone else’s needs will be looked after, in case you die. Interestingly, the answer to that question lies with what exactly you hope to cover with the insurance.
If you’ve recently inherited an IRA, chances are you know that there are some big decisions on the horizon, decisions that can have a financial impact that you are not prepared for; and maybe one that can’t be undone.
There are a handful of quotations about “investing in yourself” or how “quality costs” that we could use to open up our post. Instead, consider the lengths you’ve gone to to save for your future and all of the important goals you have.
There are so many things you should consider when looking for a financial advisor. We have already covered 10 questions you must ask anyone you’re interviewing to help you manage your financial life, but there’s so much more even within those 10. We want you to know exactly why you’re asking those questions and why they matter.
If you're thinking about refinancing your mortgage, know that while there are great reasons to do so, there are almost as many equally bad reasons to do so. That said, it often always depends on your unique situation, spending habits and goals.
Health Savings Accounts (HSA's) and Flexible Spending Accounts (FSA's) have different uses and qualifications, but the most considerable variation between them is based on who technically "owns" the account, you or your employer. Let's take a good look at the major differences between the FSA and HSA and what their qualifications are, respectively, in Part 1 of our series on savings accounts.
