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re: What grade do you give your personal finance skills?
Posted on 11/22/13 at 9:19 pm to dlmast87
Posted on 11/22/13 at 9:19 pm to dlmast87
quote:
Life Insurance: N/A I think I'm too young to look into this so not applicable.
How old are you? Are you married or anything?
It wouldnt be a bad idea to at the very least have some insurance so that your family can afford to bury you and all that.
I'm 25 and I have a $250k term policy. My parents pay the premium ($30/mo) are the beneficiary so that if anything were to happen to me, it essentially pays off the little debt I have and my vehicle, and they'll be able to bury me with indebting themselves.
Posted on 11/22/13 at 10:31 pm to southernelite
26. My wife has a small policy through her teaching job and my job provides a small one as well. We have no debt and both sets of parents are well off and could provide support if something tragic happened. I just don't see it as a priority right now.
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