Sentences with phrase «of everyday living expenses»

One of the biggest reasons for this is because the proceeds that are received by life insurance policy beneficiaries can be used for any number of financial needs, such as the payoff of debt (including a home mortgage), as well as the payment of everyday living expenses.

The funds from life insurance are received income tax free by beneficiaries, and the funds can be used for mostly any need that the individual (s) sees fit, such as the payoff of massive debts (including a mortgage balance), the payment of everyday living expenses, and / or to ensure that a child or a grandchild will have the money they need for their future college education.

In addition, while your elderly parent or parents may have the financial means to take care of their everyday living expenses, the added cost of a life insurance premium may cause them financial hardship.

Not exact matches

The two most common financial oversights entrepreneurs make are underestimating how many of their everyday expenses are being subsidized by their business — medical and life insurance premiums, club memberships, vehicles, travel and entertainment costs, etc. — and overestimating the amount of after - tax investment income that can be generated from the proceeds of the sale.

Ironically, these classes are often offered at the expense of creating courses that could teach students about their own culture and heritage, which effectively negates the potential influence student leaders can have on everyday community life.

Don't fall into a cycle of taking out small loans to pay for everyday living expenses.

During a bank account freeze, you may be entitled to use a portion of the money to pay everyday living expenses.

Despite such a dynamic history, customers and patrons of Chase bank can expect consistent treatment at the hands of their credit card providers who provide a myriad of products to finance everyday living expenses.

This is because more of their household income is used for everyday living expenses, leaving less available to pay down debt.

Checking account balances are always fluctuating due to the frequent expenses of everyday living, making it difficult to earn reliable interest.

As you enter into the world, you will need to have a good idea of how much money you need to not only meet your everyday living expenses, but also in case of an emergency.

Especially when the purpose of such an account is to spend for everyday living expenses.

In the event of your untimely death, your beneficiaries can use funds from a life insurance policy for funeral and burial expenses, probate, estate taxes, day care, and any number of everyday expenses.

These can include any mortgage and other personal debts that you've incurred, as well as the ongoing living expenses of those in your life who count on your income for their everyday living expenses.

One of the key reasons for this is because the proceeds from a life insurance policy can be used for multiple needs of one's survivors, such as paying off debt, replacing income for everyday living expenses, and paying the high cost of the insured's funeral and other final expenses.

The everyday life is full of unforeseen situations when a people have to deal with all kinds of the sudden expenses.

The thought of spending my travel fund on everyday living expenses here in the States just didn't seem like an option until I finally realized that waiting for my life to begin is no longer an option.

More family travel for less money Since my days of flying back and forth between graduate school in New York and seeing friends and family in Texas, to learning how to keep my two young girls connected to their family members spread around the country, I've spent much of the past decade learning the secrets of leveraging rewards earning credit cards, points promotions, airline award charts, travel sales, and otherwise very mundane everyday life tasks and expenses to enable our family to literally travel around the world, sometimes in suites and in first class, for a very greatly reduced cost.

According to an AARP study, 53 percent of grandparents are contributing substantially to their grandchildren's educational costs, with another 37 percent contributing to everyday living expenses, and 23 percent contributing to medical / dental costs.2

Include the financial peace of mind of being able to replace a lost income, to have the resources to meet everyday living expenses such as mortgage or rent payments, childcare, medical bills, and other financial obligations.

Your dependents rely on you for taking care of everyday expenses, so your life insurance policy should cover those costs.

If you can't afford to help cover the costs of your child's tuition out - of - pocket, perhaps you can help them by covering the cost of books and / or everyday living expenses instead.

One of the key reasons for this is because the proceeds from a life insurance policy can be used for multiple needs of one's survivors, such as paying off debt, replacing income for everyday living expenses, and paying the high cost of the insured's funeral and other final expenses.

You could use this money to cover medical expenses, loss of income due to not working because of your illness or simply paying for the usual day to day expenses you encounter in everyday life.

If something happened to you, life insurance could help to cover the everyday expenses of having a child, such as diapers, food and clothing, as well as long - term costs such as college.

And since disability plans only cover a portion of your income, there could be a significant gap between any disability payments you receive and your family's everyday living expenses like utilities, groceries and rent.

The Everyday Expenses: With the loss of a spouse, specifically a mother, life insurance can be very helpful covering everyday expenses like mortgages, utility and grocery bills as well as chEveryday Expenses: With the loss of a spouse, specifically a mother, life insurance can be very helpful covering everyday expenses like mortgages, utility and grocery bills as well as chExpenses: With the loss of a spouse, specifically a mother, life insurance can be very helpful covering everyday expenses like mortgages, utility and grocery bills as well as cheveryday expenses like mortgages, utility and grocery bills as well as chexpenses like mortgages, utility and grocery bills as well as childcare.

That's because the profits from a life insurance policy can be used for a multitude of things, including the settlement of debt by survivors, ongoing payment of everyday bills by a spouse and other dependents, and / or for paying one's funeral and other financial expenses.

The various types of insurance that consumers purchase are generally viewed as a necessary expense that policy holders don't think about much in everyday life, except to grumble about the cost of the premiums.

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.

According to a 2010 LIMRA International press release, four in 10 households with children under the age of 18 say they would immediately have trouble meeting everyday living expenses if a primary wage earner were to die.

One reason for this is because the proceeds from a life insurance policy can be used for paying off massive debts — such as a mortgage — as well as for replacing the lost income of a breadwinner so that a spouse and children can continue to pay their everyday living expenses.

These may include the payoff of debts, such as a mortgage, the funding of future college expenses for a child or grandchild, or even for paying everyday living expenses.

payments for debts in your name such as credit card debt, auto loans, college loans, and business loans future costs of your family's everyday life, such as the expense of child care, education, clothing, food, transportation, and utility bills remaining amount of your mortgage and other unpaid loans Add these up - the total represents your family's needs.

In 2010, 40 percent of U.S. families with children under the age of 18 believe they would immediately experience significant hardship covering the everyday living expenses if a primary wage earner were to die today.

Students have a great deal of expenses to contend with, ranging from tuition and textbooks, to everyday living costs.

With the rising costs of groceries, fuel and everyday living expenses, you may be surprised and delighted to hear that Connecticut car insurance, on average, is actually on the decline.

The prime grounds for having the AARP life insurance coverage plan would be to help pay funeral expenses, accumulated debt along with since the everyday cost of living until they could get back in the feet.

LIMRA's study points out that among households with children under the age of 18, four in 10 say they would immediately have trouble meeting everyday living expenses if a primary wage - earner died today.

Furthermore, with the rising cost of fuel, groceries and everyday living expenses, we could all use a few hundred extra dollars in our savings account.

Every penny counts in this economy, especially when you are a student trying to cover the cost of tuition and everyday living expenses.