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.