I attended Fincon (Financial Bloggers Conference) again this year. What is Fincon? Fincon is the Financial Bloggers Conference and it’s “Where Money & Media Meet”. This is my 2nd year attending and I enjoyed the opportunity to learn more to expand my business, engage in opportunities to collaborate with others, and meet your social media friends in person.
In honor of Life Insurance Awareness month I wanted to bring you additional options for covering funeral costs outside of Life Insurance.
So just to be clear I believe that life insurance is important to help cover funeral cost (if the funds will not be accessible when you pass but it is also important to have so your family’s (children, spouse or anyone you financially support) will be able to keep the same quality of life after you pass away.
I have had people tell me that they will always be in debt so they are going to keep making monthly payments forever.
Well, that is not true, there are plenty of stories showing people who have paid off large amounts of debt.
I created a YouTube playlist of motivational debt free stories, click here to check it out.
I mention in a previous post that I budget by paycheck. I started doing this around 2005, after creating a monthly budget for a while and not feeling like I had a good handle on it (because I was busting my budget).
Lately, I have been asked a lot about how to increase credit score to get a mortgage. Last week. I talked about how your credit score is calculated. This week we will focus on activities that will help raise your score. Before we get into the details I really want you to understand that your credit score report is not the same as your friend's score and report.
I just arrived home from my very first Fincon and I am inspired and exhausted at the same time. Fincon is a conference for the money media community. I have known about Fincon since 2014 but since I had not started my blog or business, I just sat back and watched from the sidelines. This year I was able to attend and learned so much in 4 days. Here are 5 of the many things I learned:
Life Insurance Awareness month was in September but I want to bring it up again because I know of at least three people who passed away unexpectedly in the last few weeks. I know you have seen the Go FundMe Facebook posts asking for assistance with funeral costs. Every time I see one it bothers me, for many reasons but mostly because we need to be better informed of life insurance options, the benefits and how it can help your family pay for burial expenses and continue their standard of living after you pass away.
Last week, I talked about the reasons why you may have an escrow shortage today. I will discuss some of payment options you have if you do have an escrow shortage.
Hopefully you will never receive an escrow shortage letter ever in your life, but if you do, hopefully you have the funds to pay the shortage in full or the difference in your total mortgage payment is not significant enough to throw off your budget.
