Sentences with phrase «normal living expenses»

Frequent and excessive use of credit and credit cards for normal living expenses like gas and groceries is a sign that your income is not enough to cover your expenses.

Say your spouse's income is high enough to cover normal living expenses, but not the 20 - year $ 500,000 mortgage on your house.

Keeping your current financial strength and standard of living in mind, build towards at least 3, 6, or 12 months of normal living expenses.

This type of specific insurance also covers the costs you incur for normal living expenses if you have to vacate your home.

65 % of working Americans say they could not cover normal living expenses even for a year if they lost their income due to an illness or injury.

Say your spouse's income is high enough to cover normal living expenses, but not the 20 - year $ 500,000 mortgage on your house.

Accidents often lead to substantial medical bills, making it difficult for the injured accident victim to pay for normal living expenses, especially if the injury rendered him or her unable to work.

This is because, for example, if you lost a leg and were unable to work for several months, but accumulated hefty hospital costs in addition to your normal living expenses, your outstanding financial obligations (such as a mortgage) would still be there.

If there's an otherwise covered claim that keeps you from using your home, this coverage pays the difference between your normal living expenses and the additional costs you incur as a result.

Some homeowners insurance companies will ask you to outline your normal living expenses.

When you file a loss of use claim, your insurance company will evaluate the additional living expenses that you submit and then make a determination based on whether the expenses exceed your normal living expenses.

Knowing your normal living expenses and tracking them with receipts will make it easier for you to negotiate with your insurance company if you ever need to file a loss of use claim.

As a result, we recommend that all homeowners (even those who haven't suffered a loss) keep records of their normal living expenses.

This is because, for example, if you lost a leg and were unable to work for several months, but accumulated hefty hospital costs in addition to your normal living expenses, your outstanding financial obligations (such as a mortgage) would still be there.

Charging daily purchases that are normal living expenses is useful in tracking your spending.

If you can not make your normal living expenses and service your debt so that the principal amount decreases over a five year period, then for all practical purposes, you are bankrupt.

Any plan you design to pay off your debts in a chapter 13 bankruptcy has to allow for normal living expenses, making timely payments on all secured assets you want to keep, maintaining payments on debts exempt from bankruptcy discharge, paying any arrears on secured assets you are keeping, and paying a percentage of what is remaining of your income to unsecured creditors in a priority manner.

In July, Maureen and Garth Holloway spent a two - week vacation in Sweden, and it only cost them the price of two airline tickets — plus the normal living expenses they would have had at home.

That lifestyle will cost you about $ 9,000 for a month (plus the normal living expenses you'd have at home), says Susan, including the cost of airfare to Italy and back.

However, this assumes that it really is savings and not your normal living expenses.

Keep in mind that your homeowners insurance covers the cost of temporary repairs for hurricane damage, as well as reasonable additional living expenses (ALE) over and above your normal living expenses if you have to relocate (such as the extra expense of getting to work or to school if your temporary home is in a different community).

We would like to send more, but since our normal living expenses takes up all of our other money, we send what we can for now.

Many victims turn to family for help and max out high - interest credit cards to cover their debt and normal living expenses.

When spouses with large differences in income separate, a lower earning spouse may be unable to continue paying for normal living expenses, in which case a court may require the higher earner — whether that's the husband or the wife — to assist the lower earner financially for at least some period of time.

Coverage D. Loss of Use typically covers living expenses over and above your normal living expenses if you can not live in your home while repairs are being made or if you are denied access by government order.

If there's an otherwise covered claim that keeps you from using your home, this coverage pays the difference between your normal living expenses and the additional costs you incur as a result.

Coverage includes hotel bills, restaurant meals, and other expenses that would be above and beyond your normal living expenses.

Most policies will reimburse you the full difference between your additional living expenses and your normal living expenses; however, there are generally limits as to the total amount the insurer will pay or time limits specifying how long you're eligible for the ALE payments.

This is because, for example, if you lost a leg and were unable to work for several months, but accumulated hefty hospital costs in addition to your normal living expenses, your outstanding financial obligations (such as a mortgage) would still be there.

Even though, a monthly income plan helps the insured to get regular payments that they can use for their normal living expenses, they need a larger sum at the time of retirement.

Keep in mind that your homeowners insurance covers the cost of temporary repairs for hurricane damage, as well as reasonable additional living expenses (ALE) over and above your normal living expenses if you have to relocate (such as the extra expense of getting to work or to school if your temporary home is in a different community).

Policies will generally reimburse you the difference between your additional living expenses and your normal living expenses.

Most policies will reimburse you the difference between your additional living expenses and your normal living expenses but still may set limits as to the amount they will pay.

Most policies will reimburse you the full difference between your additional living expenses and your normal living expenses; however, there is a limit on the total amount an insurer will pay or eligibility time limits for ALE payments.