Getting organized is one of the top New Year’s Resolutions each year. And while you might not be ready to organize your entire house, here are a few things you can do to quickly organize your finances!
Review Your Statements – Look over your bank and credit card statements for the past year. While it’s great to check for mistakes on a regular basis, this time you’re looking for things that you pay for each month. Those recurring monthly charges or fees can cost a lot if you’re not actually using the service. Look for anything that you can cancel in the new year and put that money in savings instead!
Check Your Credit – You should check your credit report at least once per year. You’ll want to look for mistakes as well as see your credit score to determine how healthy your finances are. Use a website like www.annualcreditreport.com to request a free copy of your credit report. Sites like Credit Karma are also an easy way to estimate your credit score. Your credit card company may also offer credit monitoring services.
Backup Your Computer – This might not be directly related to finances, but it’s a good reminder anyway! Take a few minutes to back up your computer, phones, and photos. Use a tool like Dropbox or iCloud to securely backup your documents.
Getting organized doesn’t have to be difficult! Take care of these quick tasks and be on the road to financial wellness in 2016.
Want to review your insurance protection plan and look for ways to save money while you’re at it? Click Here to contact me and let’s see how we can put some money back in your pocket while maintaining (if not improving) your current coverage.
I don’t know about you – but up until last week when I’d think of a meteor the thought that would come to my mind would be of trying to catch a beautiful display of “shooting stars” streaking through the night sky. While I’ve watched enough sci-fi movies to be aware of a perceived danger from world ending asteroids, I’ve admittedly never really contemplated the real life danger from such a phenomenon.
Granted, I was familiar with the story of Ann Hodges who was taking an afternoon nap on her couch before being rudely, “rocked” awake by a meteorite that crashed through her ceiling, hit her radio console and smashed into her hip, but I figured she was just unlucky. Now after seeing all of the photos and videos of meteor that hit Russia, it leaves me wondering what the chances are of something like this happening close to home. (Not to mention my sudden curiosity as to why so many Russian drivers have dash cams installed in their cars?!?)
While I can’t address the probability of us being struck by a meteor, I can help address who would pay for the damages should your house suddenly be rocked by a meteor – or a more likely case of “blue ice” for that matter.
Standard homeowners insurance polices provide coverage for falling objects – including satellites, asteroids, meteors and space debris when the falling object causes to the structure of the home, as well as to property or belongings damaged within the building.
If a satellite, meteor or asteroid falls on your car, coverage is provided under the optional comprehensive portion of a car insurance policy. And if falling debris causes an auto accident, the liability portion of the policy would come into play.
In the tragic event that space debris were to strike a person, his or her injuries would be covered under health insurance and, in the event of a death, existing life insurance policies would kick in.
So, even when the sky seems to be falling, insurance can provide peace of mind.
Contact me if you would like to be discuss your home insurance so we can be sure you have the proper coverage in place for life’s next phenomenon.
February and Valentine’s Day is a time when we do special things for the ones we love, which is why there’s no better time than right now to protect them through proper life insurance planning.
What do love and life insurance have in common?
More than you might realize. The motivation behind purchasing life insurance is love: We buy it because we love people and want to protect them financially. It’s also a gift that continues to give. The proceeds of your policy could benefit your loved ones for many years after you’re gone. Think of it as the ultimate act of enduring love.
A lot of people put off purchasing life insurance. It seems like a hassle. You don’t want to do any sort of medical appointment. It’s an extra expense. And, for the most part, you just plain don’t want to think about death.
But in today’s difficult economic environment where protracted high unemployment levels have taken their toll on American families, many American households are living paycheck to paycheck. In these times — when families don’t have savings to withstand the loss of an income — the need for life insurance is even more critical to protect families against unexpected death.
Here are three additional reasons why now is the best time for you to look into getting your life insurance plans in order (the sooner the better!):
- You’ll never be younger than you are today. While this may sound obvious, youth is on your side when it comes to life insurance both from a price perspective as well as insurability. With each birthday you’ll see your premium go up unless you lock in a great rate now. Don’t wait until you’re just young at heart to get covered.
- It’s affordable, with rates near historic lows. People overestimate the cost of life insurance by nearly three times, the actual price.1 In fact, life insurance rates remain near historic lows; the cost of basic term life insurance has fallen by nearly 50 percent over the past decade. For example, a healthy 30-year-old can buy a 20-year, $250,000 level-term policy for about $13 per month.
- Life Happens. One day life is going along smoothly, and the next, you’re thrown a curve ball. No one knows what the future holds. None of us expect to die prematurely, but the truth is roughly 600,000 people die each year in the prime of their lives. That’s why today is always the best day to take care of your life insurance needs.
Insure Your L♥ve
Contact me if you would like to be provided with the right tools to determine how much and what kind of life insurance might be right for you.
Sources: 1. Consumers Misinformed about Price of Life Insurance
57 years ago today, Fairytales became a reality when Disneyland opened.
But did you know that this dream may not have been possible without life insurance?
It’s true: After failing in the pursuit of traditional means of financing to build what would become Disneyland, Walt decided to provide his own financing. In 1953 Walt Disney gathered money from many sources, including borrowing money from the cash value in his life insurance policy in order to fund his first theme park.
This just goes to demonstrate the flexibility and freedom that can be provided through a life insurance policy. The ability to be your own banker when you need it most is priceless.
Thank you Walt Disney for having an amazing dream to design, create and build the most wonderful place in the world where childhood is infinite.
Disneyland will never be completed. It will continue to grow as long as there is imagination left in the world
–Walt E. Disney
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