You may have heard term life insurance being referred to as pure life insurance. This is a type of protection that guarantees the payment of a death benefit if the person who owns the policy dies during a term that’s specified. Once that term expires, the owner of the policy can renew it for another period of time, allow it to terminate, or convert it to permanent coverage. Here’s more on term life insurance explained.
A personal line of credit is a type of loan that allows people to borrow money for a limited amount of time and pay it back only when they need it. This flexibility allows them to budget and spend only what they need.
People who are unsure about their future expenses can benefit from a personal line of credit. You can use this for a variety of reasons, such as unexpected expenses. [Read more…]
Owning a car can add up to $10,000 in average costs to your budget each year. With the constantly rising cost of gas, routine maintenance, and the risk of needing a bigger repair, the financial cons of owning a vehicle might outweigh the pros. While the cost of traveling via car might not be as expensive as traveling on a jet from Access Global, the cost can add up, and can make a major dent in your family’s budget over time. If your household requires a vehicle due to your family’s lifestyle and responsibilities, it could be helpful to find some occasional alternatives for driving which can save you a bit of money in the long run. [Read more…]