Quotacy Review (2020): Life Insurance Made Easy

Life insurance is one of those things you know you should do. It’s a decision that often gets pushed aside. No one likes to think about “what would happen if…” But it’s something you need to take care of your family if the worst should happen.

The good news is that buying life insurance is easier than ever. In this Quotacy review, you’ll learn how to get a life insurance quote without having to meet with a salesperson or provide your contact information.

Here’s how Quotacy can simplify the process of getting an affordable term life policy.

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Pay Cuts: 10 Ways to Save Money When Your Income Drops

The global pandemic has been wreaking financial havoc on families across the US. People are losing their jobs, getting furloughed or taking pay cuts. With no guaranteed end in sight, this can be a frightening time for a lot of people across our country.

Our family has seen pay cuts recently as well. Like a lot of other families, we’re looking for ways to save more money so we can survive this Coronavirus season and protect our family.

Some areas of saving have been immediate. With the quarantine order keeping us inside, a lot of us are probably spending less on fuel, oil changes, gym memberships, and daycare. Even with these decreases, it’s important to look for other ways to save as well. 

Here are 10 ways to save money when you’re facing job loss, furloughs or pay cuts. 

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Preparing for a Recession: Our Family’s 5 Step Financial Plan

This pending recession has thrown our happy family schedule all out of whack.

  • School: Our kid’s school is closed for the next 3 weeks. It’s looking likely that might extend at least 8 weeks and maybe through the rest of the school year.
  • Work: Our President recommends against gatherings of 10 or more so Nicole will more than likely be joining me as we work from home with kids.
  • Money: Although it probably wasn’t smart, I tracked our net worth losses over the past month and we’re down by at least $100,000 (and that is before the crazy stock market activity this week).

I’m sure our situation pales in comparison to other families who may soon be out of work. That’s going to affect a lot of families, small businesses and our country’s economy.

As we figure out what’s next, I wanted to share 5 things our family is doing to deal with the Coronavirus (COVID-19) season. I hope it helps you as you’re planning for your family. 

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Why Our Family Got Umbrella Insurance and How Much It Costs

Katherine from Buffalo, NY reached out regarding Umbrella Insurance …

Hi Andy:

I am a new listener and I love your podcast. The way you breakdown topics and explain them very easy to understand and makes me feel like I can achieve my financial goals with the correct planning and mindset.

I realize that this isn’t a finance question, however, it is a family-safety/ planning question. Can you briefly explain the importance of an umbrella policy? I know it is important to protect your assets but I am confused when the right time to have one is. My husband and I are just buying our first house and are unsure if we need one yet. Any information or advice would be appreciated!

Best,

Katherine

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5 Term Life Insurance Providers That Make the Process Easy

Are you overwhelmed by the thought of buying life insurance? You’re not alone. With so many options to pick from, it can be hard to choose.

Back in the day, purchasing life insurance meant meeting with a salesperson to get a quote and sometimes it required a complicated medical exam. Luckily, you have better options than your grandparents did.

Here are 5 providers of term life insurance that are making it easier than ever to get the coverage you need.

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Why a Living Trust Isn’t For Me Right Now

A few years ago, my wife and I got our wills completed. That made us feel great! With our life insurance and will complete, we’re now protecting our family if the unexpected were to occur. My next goal was to look into a living trust.

I’ve heard from friends and family that a living trust is something we need, but I wasn’t sure why. I decided to look into it a bit more. Here is what I learned…

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