VIDEO | Why Do You Think 1 Million Dollars Is A Lot Of Money?

Published on Sep 28, 2012 When it comes to life insurance, most people use some magical rule of thumb like buying 2 to 3 times their salary. (Full Story Here –http://bit.ly/Sm5l0J) Even worse, since insurance is not most enjoyable financial planning topic, they come up with the notion that they will just pick up $250,000 or $500,000 and their partner will be alright if something should happen to them. I’m here to tell you that when it comes to life insurance, $1,000,000 just isn’t a lot of money.   ...

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Personal Finance 101: Generation X Series – Marriage And Medical Insurance

Generation X is classically defined at people born between the years 1965 and 1979.    Pretty much those of you in your early 30’s to the mid 40’s.  However, having given personal financial advice to thousands of people, I can tell you that many of you who were born 1960 to 1964 fit within the Generation X type of financial and personal attitude.   Since I am 42 and have had a good deal of financial success, I’ve noticed some big mistakes that I see my generation making with their money and how they think about money.    This week I wanted to discuss what to do about your medical insurance after you get married. One of the questions I’m getting a lot from Gen X’ers as of late (especially those recently married in their late 30’s/early 40’s) is around what to do with medical insurance after being married.   Since the medical plans and financial contribution from each individual employer may vary, this ...

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VIDEO | Back to the Brown Paper Bag!

Take your lunch to work just one more day per week than you do now. I know that eating out lunch is a lot of fun, so I wouldn’t recommend cutting it out entirely. It will take you a lot of discipline to eventually make that habit stick. However, with the average cost of going out to lunch being approximately $10 dollars, this could help you save $40 more per month by bringing in your lunch one day per week. ...

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