My wife and I both have term life insurance policies. My annual life insurance premium is due in November. Her premium is due in December. In a perfect world, I’d divide my annual premium by 12, place that amount in my checking account each month, and then pay the bill in full when due. But, what do you do when…
Category: Money Management
Breaking Down A Goal Into Micro-Goals
I’m a big fan of creating personal finance goals. I like to create a goal and then break that goal down into manageable micro-goals. As an example, let’s say that I wanted to save $12,000 (a rather large sum of money) next year. My initial goal would look like this: In 2008 I will save $12,000. I don’t know about…
Ideas About Preparing For Vacation
My family and I will be going on vacation in a few weeks. Here’s my “to-do” list in preparation for heading to the beach: Around The House: I’ll have a good friend come by and check on the place once or twice while we are gone. I’ll ask him to pick up the mail, water the outside plants, etc. We…