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Posts Tagged ‘Personal’

It’s that time of year again – the time when people up and down the country are making resolutions for the year ahead. With so many people likely to be thinking about sorting out their personal finances in 2008, here are some top personal finance resolutions for you to consider from personal finance author and Chartered Financial Planner Martin Bamford. Work out your budget It still amazes me how many people I meet with who simply don’t know how much money they spend each month (and what it goes on!). Working out (and sticking to) a monthly budget is all about spending less than you earn. If you achieve this, month on month, you will be in a better financial position at the end of 2008 than you were at the start. If you reach every pay day with an overdraft or credit card debt to clear from the previous month you are starting the new month on the back foot. Make it your personal finance resolution for 2008 to never spend as much as you earn each month. If you Read More

Purchase enough Life Insurance such as Term Life Insurance or Universal Life Insurance so that your family will not be stuck with your debits after you dies is the best solution to protect your family. There are various kinds of Life Insurance Policies as outlined above Term Life Insurance, Universal or Whole Life Insurance Policies on the market to help you accomplish this. But the most popular Permanent Life Insurance Policies being sold is Universal Life Insurance Policies. Universal Life Insurance provides you with a mix of Term Life and Whole Life Insurance. However before buying into this complicated financial product be sure you understand how it works. Life Insurance Coverage kinds are set up to ultimately provides death benefits amount during the time of your passing. But several policy types have additional benefits that grow with your Life Insurance Benefits. Keep in mind universal life is a combination of whole and Term Life Policy. So, here’s a quick explanation Read More