Life insurance is often touted as your trump card should you die during the prime of your life. Nevertheless, when the kids have flown the nest and you have little to no responsibilities left, it can seem silly to keep paying for life insurance after retirement. Here are five reasons why keeping your life insurance after retirement going is crucial. Why Keep Life Insurance After Retirement Final Expenses It’s expensive to die these days. Sadly, you can’t just bury yourself in the yard any longer. According to Seniors Life … [Read more...] about 5 Reasons to Keep Your Life Insurance After Retirement
The government-funded Public Service Loan Forgiveness (PSLF) program launched in 2007, but despite high hopes for this program – which was designed to bring financial relief to thousands of Americans struggling with student loan debt – the results have been abysmal so far, with only 1,216 applicants achieving loan forgiveness as of September 2019. Compare that to the 100,000+ applicants who have been rejected by the program, whether due to ineligible employers (“public service” isn’t as clear-cut as you might expect), missed payments (or … [Read more...] about How Can You Qualify for Public Service Loan Forgiveness?
When you read about student loan debt in the news nowadays, there’s rarely good news about this phenomenon that’s more frequently referred to as a “crisis.” Just look at the latest student loan debt figures if you need proof: $1.56 trillion in outstanding student loans, 44+ million borrowers (including the parents/grandparents/relatives who co-signed the loans), 11.4% default/delinquency rate, and $101+ billion in default for more than 360 days. If you want to have kids soon or you currently have young kids and you’re concerned about their … [Read more...] about U-Nest Review – Easy College Savings App
Do you find yourself short on cash by the end of every month? Are you trying and failing to meet savings goals? It may be time to reassess your personal cash flow. Cash flow simply refers to your income after taking away your expenses. Ideally, you should have money left over after taking expenses out in order to save rather than accumulate debt. Taking a good look at where your hard-earned money goes each month can help you redirect it in more advantageous ways that you are better able to maximize your paycheck. Here are a few first … [Read more...] about Simple Ways to Free Up Your Personal Cash Flow
Divorces can be financially devastating. Not only is the loss of a spouse's income detrimental to your fiscal health, but you also lose moral support, often retirement benefits, and the safety net that comes from having a partner. You can rebuild after divorce and get your life back on track. A few critical steps will help you start getting your life back together and rebuild after divorce. Forgetting or delaying these tasks will cost you precious time and money, and add to your headaches. Rethink Your Retirement Planning Money is … [Read more...] about How to Rebuild After Divorce and Get Your Life Back on Track
This is a guest post by Financial Wolves, a blog about making money with side hustles to help you achieve financial freedom. If you'd like to submit a guest post to Money Q&A, be sure to check out our Guest Posting Guidelines. Believe it or not, nowadays, we’re more active and enthusiastic on the internet than we are anywhere else. Recent research shows that online surfers spend close to 7 hours on the internet every day. It’s a known fact that the internet is great to socialize, share opinions, and develop your personality. However, … [Read more...] about 9 Best Apps to Earn Rewards