Monthly Archives: March 2012

Purchasing Life Insurance on a Budget

Posted on March 30, 2012 by
29
Graveyard
Photo: celesteh

The following is a guest post by Betsy Fallwell. If interested in submitting a guest post, please read my guest posting policy and then contact me.

I’ll admit that sometimes I look at our life insurance payment each month as a waste. However, life insurance does play a critical role in many financial game plans, especially for young families.

So, how can we minimize our life insurance costs without compromising its crucial function?
Here are 6 keys:

1) Buy only the amount of coverage you need. You aren’t trying to win the lottery in the event that you or your significant other dies unexpectedly. Your goal is to cover existing expenses and maintain your current lifestyle. Use this life insurance calculator to determine how much you need. By purchasing the correct amount of coverage, you can ensure that your family is protected without unnecessarily high monthly premiums. If you are single and have coverage through your employer, you may not need to purchase any additional coverage. If you are the primary breadwinner and have several children, you could easily need coverage in excess of one million dollars. Continue reading →

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Starting A Side Business

Posted on March 28, 2012 by
63

So far on my blog I’ve been focusing on general tips to save money and some of my personal financial mistakes. Maybe I’m just a pessimist and have been focusing on the negative.

This week I’ll switch it up a bit and share a bit about why I started a side business.

I’d have to say I first got off on the path to start my side business in college. There I was enrolled in a general computer systems technology diploma program. This taught me a wide range of computer skills that would later come in very handy.

In addition to the skills I acquired, I also crossed paths with someone living in the same college dorm and taking the same computer diploma program. I admit I didn’t get along with him much at the time, but he turned into a big source of inspiration. Continue reading →

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End of March 2012 Blog Update

Posted on March 26, 2012 by
50

Well normally I try to do these update posts towards the end of the week. Lately I’ve just been trying to figure out how much time I can commit to this blog and still maintain balance in other areas of my life. I’ll try to establish a more consistent posting schedule soon.

If you want to help out and get some exposure for your blog, I’d be happy to accept guest posts. I would definitely return the favor any way I can.

There’s nothing new to report on the job front. I should be meeting up with one of my previous employers sometime this week to discuss an opportunity though. Fortunately I’m having a good month for commission on my other websites. That does relieve some pressure to get a job right away. Continue reading →

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Folly Of Paying Someone To Cook For You

Posted on March 21, 2012 by
64
Paying Someone To Cook For You
Photo: jay.tong

As I start preparing my income tax documents for last year, I have been struggling to come to terms with how I managed to waste so much money. Not only did I manage to spend a lot of money, I also have very little to show for it.

One major expense was a vacation I took last year, but that doesn’t come close to accounting for all the wasted money. A bigger expense that I need to accept is dining out and take out food.

Why I’m A Sucker For Paying Someone To Cook For Me

First and foremost, I love good food. I really enjoy trying new restaurants and indulging in my favorites from my local hot spots. I think my tastebuds must be wired directly to the part of my brain that tells me how happy I am.

I’m not particularly picky either. I love it all…fast food, sushi, chinese, korean, vietnamese, italian, greek, etc. My mouth is watering just listing this stuff! Continue reading →

Mid March 2012 Blog Update

Posted on March 20, 2012 by
16

First off, thanks for everyone who has supported me with my decision to step back a bit from blogging. I’ve been getting a lot of great advice, both through the comments here and via e-mail.

This was not announced as a long term decision though. I have every intention of keeping this blog going and one day increasing the frequency of posting again. I just don’t know when that time will be. The positive feedback sure is doing its part in drawing me back to blogging.

One of the exciting things happening with my blog this month is the iPad2 Giveaway that I am co-hosting with a group of other bloggers. This has produced some awesome exposure. Apparently Modest Money is one of the front runners for referring the most CheckPoints app downloads. I was a bit surprised by that, but it’s good to know that my readers have been helping support the contest sponsor. That helps ensure that we can do future contests like this. Continue reading →

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