Financial Planning 101

One of the most basic and most overlooked aspects of financial planning is the proper amount of life insurance.  For most people it tends to be an afterthought or a headache, but it really isn't a big deal. There have never been more excellent choices  and prices have never been lower. In general the recommendation is 15 times your income for those in their 30's to 40's.  There are even plans available that can be used if you get a chronic condition or critical illness.  As you progress through life it's a good idea to have your life insurance plan reviewed every few years or when major life changes occur.  Job changes, having more children or a new house purchase are all reasons to give your agent a quick call. For less than your cable bill you can provide your family the utmost in financial security.