One of the relatively newer insurance products to hit the market is “mortgage life insurance”.
If you’ve bought a home in the past few years, you’ve probably been offered the opportunity to purchase a policy.
And if …

Recently I laid out a story that hit close to home on why you need home insurance, despite it seeming like a waste due to the limited nature of catastrophic events.
A few readers voluntarily followed …

Just another sunny, 75-degree early evening in March in Michigan… OK, that’s not so normal…
Clouds started to roll in quickly. The skies started to turn grey. Then thunder. Lots of thunder. Weird thunder. Non-stop rumbles …

When you go to buy your first home, the topic of private mortgage insurance (PMI) will assuredly come up.
It’s a dirty little three-letter acronym associated with your pending mortgage that you should know inside out.
Why?
What …

This is the second in a series of posts that aim to dispel or reinforce common personal finance cliches. The first looked at the commonly used phrase, “A penny saved is a penny earned.”. Today, …

It is human nature to want to simplify topics and concepts that are complex, layered, and sometimes difficult to understand.
It’s a complicated world out there and we are bombarded with information on a daily basis. …