Samurai Sydney

Did you know that a whole life insurance policy can actually help you make money? It’s true—and it’s a strategy often used by those with higher incomes. For those seeking life insurance coverage, a term life insurance policy is typically the more affordable and simpler choice. Both Sam and I opted for matching 20-year term life insurance policies through Policygenius two years after our daughter was born. If we were younger, we would have considered a whole life policy.

Health insurance is one of the most complex and aggravating topics for both consumers and providers in the US. Speak with anyone based outside the US and they all will comment about how much better things are abroad versus here. But as most of you would agree, having health insurance is a financial necessity in America today. Without it, if you were to get in a major accident or get seriously ill, you could literally go bankrupt.

Understanding the fundamentals of personal finance is pivotal for kids to successfully launch into the world of adulting. Money skills are necessary to navigate effectively through everything from life’s humdrum day-to-day tasks to its elaborate complexities. Yet what surprises me is that most schools are still not required to teach financial literacy to students.