Lessons in finances

My youngest daughter's boyfriend recently entered the working world and bought his first car. He's had some quick lessons on financial survival, after getting his first check, thinking it was a large sum of money then watching how much of his check has to go to bills. He's also learned how to search for a cheap auto insurance quote or two since some of the initial quotes he got for car insurance were ridiculously high. It's a given a first time driver is going to pay more but some of the plans were more than our monthly rent payment...

Terms of endearment...

A common mistake people make when they have lost a job is to forget that they may no longer have life insurance coverage since many people rely on the coverage from their employer and have not purchased additional insurance. When money is tight it can be difficult to take on another expense but there are a variety of Wholesale term life insurance policies out there that can give basic coverage without being expensive. If you have already lost your income, the last thing your family would need is the trauma of trying to figure how how to pay for funeral expenses should some type of illness or accident happen. I've seen more and more situations where someone is killed in an accident or dies unexpectedly and the family is forced to try to turn to friends, family and the media to try to get donations to pay for funeral expenses.

The Dollar Bubble

I'm not sure we are quite at the crisis level, yet...But I think this video is one that should be watched because it does share some relevant information on the US Dollar and explains why many have turned to investing in metals, especially gold and silver. There are many who believe the dollar is going to collapse and that the Federal Reserve not raising interest rates is part of the problem.