One of the most common questions we get asked is, “my health insurance was supposed to cover a procedure, but it didn’t. Now I’m in collections. Is this legal?” The short answer: yes, it is legal, though you may be able to fight back. The long answer, however, requires a bit of context about how insurance companies operate.
Raising kids takes a lot of time, patience, love, and of course, money. Life as a single parent is a great deal of work, and you play multiple roles in the rearing and nurturing of your children. Budgeting and financial planning is a challenge for numerous people regardless of their marital or income statuses. As a single parent, however, you don’t have much wiggle room for mistakes. Your children are completely dependent on you for their well-being. Whether you’ve become a single parent because of the death of a spouse or partner or divorce, it’s understandable you might be completely overwhelmed. While there’s so much going on day-to-day it’s vital you don’t let your finances slip.
Here are six ways to always make sure you are a step ahead and generate a stable financial future.
The time has finally come: you’re ready to retire. For many, this means living off savings or social security, but in reality, now that you’re unemployed it’s time you started making real money. Investing after retirement is a great way to continue making income, cover expenses in lieu of a regular paycheck, and stay plugged into the booming American economy. Read More
While talking to your partner about money may not be at the top of your to-do list, it should be. Financial issues can wreak havoc on your love life. Not being open about your financial habits can get in the way of your relationship later on. While, you may be thinking you don’t want to startle your partner by talking finances, putting off this talk may cause bigger issues down the road.
If you have become serious with your partner and foresee a future, here are tips when the subject of money is broached. Read More
An emergency fund is an important asset that you will hopefully never have to use. What some perceive as frivolous expense is really a key part of planning for the future. Any number of unwelcome occurrences could prompt withdrawal from an emergency account — from medical bills to a broken refrigerator. Read More