This is just a guideline, it’s not meant to be written in stone. This is based on a salary of $25,000 a year. The percentages will vary somewhat depending on your income and location (where you live).
Housing. [...]
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Can you imagine having to pay $650 per month for health insurance for one person? I know a lady that is self employed and pays this much. And, she has $40 copay’s when she does go to the [...] My brother is in sales. Has been in sales for many years. He loves it and he is good at it. I don’t know all the ins and outs of what he does, but I know he sells [...] Disability insurance is a great thing to have. It protects your #1 financial asset- your income. Your ability to earn money and pay your bills and provide for your family. I recently found out a few things you [...] Two types of insurance that is good to have and many people overlook it. 20 year term life- you need this if you have people that depend on you financially. Avoid whole life or cash value life. Check [...] Consider higher deductibles. Don’t buy travel insurance. It’s a rip off. If you are single, don’t buy life insurance unless someone is financially dependent on you. If you need life insurance, buy 20 year term life and [...] |
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