Are You Sure Your Life Insurance Beneficiary Designations Are Set Up Properly?

life insurance beneficiary designations

Don’t let your family be torn apart or an old ex have the last laugh.  Update your life insurance beneficiary designations today. Life insurance is one of those topics that no one really likes to think about.  It’s much easier to pretend that we’ll live forever, but unfortunately that just isn’t true. Since you’re a responsible person and you want to make sure your family is … [Read more...]

The Importance of Life Insurance

importance of life insurance

The other night my sister and her family came for dinner and while we enjoyed some grilled chicken and red wine, we also had an interesting discussion about the importance of life insurance. My sister is almost twenty years older than I am and her kids are all in their early twenties, while mine are all between the ages of ten and four.  Obviously we don’t have the same … [Read more...]

Is Increasing Your Deductible Really a Good Idea?

One of the pillars of Wealthy Turtle is the idea that personal finance is personal.  What works best for one person doesn’t necessarily work best for everyone.  This is partly because we’re emotional beings and our decisions are not always rational, and partly because our circumstances might be completely different from everyone else’s. That’s not a complicated concept but … [Read more...]

5 Facts About Personal Umbrella Insurance

umbrella insurance policy

A recent issue of Money Magazine included an article which discussed five things you should know about umbrella insurance.  I’m in the process of consolidating our insurance under one carrier and setting up an umbrella insurance policy for my family, and you may want to do the same after reading this article. Below I've listed Money Magazine’s facts about umbrella insurance … [Read more...]

How I Cut My Home Insurance Bill by $734

home insurance

Shopping around for home insurance quotes saved me 54 percent...that's an extra $734 in my pocket! How many times have you heard that you should always shop around for the best price on anything you buy?  If you're like me, you know you should always look around for a better deal but you don't always have the time to actually do it.  You get busy with work or the kids.  Or … [Read more...]