For example, these funds may be used for the payment of the insured's funeral and other final expenses, as well as for the payoff of large debts, and / or for continuing to pay regular,
everyday living expenses when the income from the insured goes away.
Not exact matches
When you reach retirement, you can take out funds for
everyday living expenses, but you have to pay taxes on them.
Individuals should treat money as perfectly fungible
when they allocate among a budget account (
everyday living expenses), discretionary spending account, and a wealth account (savings and investments).
Especially
when the purpose of such an account is to spend for
everyday living expenses.
The
everyday life is full of unforeseen situations
when a people have to deal with all kinds of the sudden
expenses.
When you count in food, gasoline, and every other
expense that goes on with
everyday life, it can be hard to consistently pay for a hotel room or a different place to conduct Beacon Hill business as well.
Every penny counts in this economy, especially
when you are a student trying to cover the cost of tuition and
everyday living expenses.