According to the Bureau of Labor Statistics, over 16 million Americans — more than roughly 1 out of every 10 workers in the United States — are self-employed. That number includes business owners, both small and large, and people who work on their own as freelancers. Self-employment has a lot of perks, including the ability to
Life insurance provides emergency money to see your family through in case you pass away. And if you or a loved one are in the military, you have options civilians don’t. Here’s what you need to know about these options and how to choose the best policy for you and your family.
My wife and I live in an old house that sometimes shows its age. Not long after we bought the place, we returned from a restful winter weekend getaway to a bone-chilling surprise. At some point while we were gone, the aging thermostat failed to call for heat, leaving the boiler idle as the outside
Given sufficient time to prepare, humans anticipate and plan pretty well for planned life events, such as marriage, childbearing, and retirement. However, it’s difficult for most people to imagine – let alone prepare for – major, unexpected life changes. Serious illnesses and injuries befall millions of Americans each year, often with little or no warning. Most working adults
If you’ve ever owned a car, you know how expensive auto insurance can be. According to AAA, a medium sedan costs an average of $1,106 per year to insure – about 15% of the total cost of owning the car. Drivers pay more each year for insurance than they do for maintenance, tires, or even gas.
Imagine that one night your house catches fire. You and your family escape unharmed, but by the time the fire is extinguished, there’s hardly anything left of the house or its contents. Once you recover from your shock, you call your home insurance company to file a claim. The company tells you that in order to
The best offense is frequently a good defense. No matter how astute a business person you are, or how skilled you are as an investor, or how lucky you are with your lottery tickets, it does little good if you leave your assets hanging like a slab of meat in the water for trial lawyers
Millions of employees save for retirement by deferring a portion of their compensation into an employer-sponsored, tax-deferred savings plan. The majority of these are known as qualified plans and fall under the jurisdiction of ERISA guidelines, which means they are subject to certain limiting requirements. For example, these requirements can pertain to the type and
My dad is an avid sailor. Notice I said “avid” and not “good.” In his many sailing adventures, he has – among other disasters – been stuck on a sandbar, mired in an oyster bed, and sprung a leak – having to quickly bail while the coast guard drove out to save him. Legally, when
One of the most frequently repeated bits of travel advice is to avoid being coerced into paying extra for additional rental car insurance. When you pay with a credit card, you are usually covered by the policy that is included by the network that your card is affiliated with. This advice, while generally true, glosses
No matter how careful you are, you probably drop your phone on occasion. If it’s cased up with a properly applied screen protector, it might be no worse for the wear, but every encounter with the ground is momentary cause for alarm. Sometimes, that alarm is justified. I’ve seen smartphones dropped into pools, run over
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