Financial Fitness and Wellness | Blog - by SARA CHEVERE

Is Life Insurance an Expense?

A lot of times, we see this as a bill, and we might start thinking about all the other things that we could be doing with that money. Or we rather avoid altogether by not getting one. But is having life insurance an expense?

When you buy life insurance, you might feel that it is a burden and an expense. And therefore, we see it as something negative instead of something positive. A lot of times, we associate negative emotions with life insurance. Perhaps it is because it makes us think about death instead of life.  

However, it is a matter of the perception that we have about it.  It might feel like an expense because you do not see immediate benefits. 

But life insurance is peace of mind policy.  These days, it is not just to protect your loved ones if you pass away, but also to protect you if something unexpected happens and you are still alive. 

Also, many life insurances are a great tool to increase your wealth and to use as income in the...

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Recovering From The Holiday Hungover

 

Did the holidays leave you with a debt hungover?

Are you regretting spending all that money on buying all those gifts? Are you in fear because you don't know how to manage your debt?

According to a survey made by Mr. Cooper (mortgage company), " one-third of Americans wished they could have skipped the holidays rather than spending it on gifts." Also added, "Thirty-two percent of Americans who purchased holiday gifts paid with credit cards."


I'm going to give you seven steps to manage your holiday hungover and do damage control right away.

Step One: Stop The Regrets
The first step to getting rid of your debt hangover is to stop with the guilt, the blame, and the regrets. It is time to shift your focus from debt to solutions.

Step Two: Track Your Spending
Yes, it is time to tight up for a bit and track all of your spendings. This will require creating a budget or spending plan. Don't know how to do this? If you want more information about how to get back on...

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