Financial Death Insurance: Avoid death by a thousand cuts in pay
#Debt is a knife that is killing us slowly.
#Indenture to our bank kills the pleasures of life.
#Break the chains and gain financial freedom.
Let's admit it. Most of us are spendaholics. 70% of us live paycheck to paycheck. Most of us will NEVER pay off our loans. We will die by a thousand cuts to our paychecks.
How can we get free of the Master or the VISA?
Freedom from our chains of lifelong payments requires immediate action: cutting credit cards and amputation of some of our costly toys and habits. Going cold turkey is the only way to save your life in rehab.
When you have financial freedom, you can buy new toys using the profits from your investments. You can be building wealth in 24 months.
Right now, you are making other people wealthy from your monthly payments. Stop it!
Need medical cover? https://www.healthcare.gov/
October 1, start your new year without fear of medical destruction. January 1 you can live knowing your family is covered for a catastrophic illness or accident. Your coverage is not capped, it can’t be cut if you get sick, you get free screenings, you don’t have to sit the emergency to get a flu shot and more. Here is the benefit list: http://www.hhs.gov/healthcare/facts/timeline/index.html
Your current employer insurance plan may NOT have the same benefits.
Plans existing before the new law in 2010 were grandfathered and don’t have to have ObamaCare benefits:http://obamacarefacts.com/grandfathered-plans.php
Estimate your least plan cost with subsidy: http://kff.org/interactive/subsidy-calculator/
ObamaCare myths:
Best existing medical insurance plans CR reviews in your state: http://www.consumerreports.org/healthinsurance
Insurers are prepared for new business and competition—GOP wrong again
Based on the belief that most insurers were well-positioned and preparing for the expected impact of health care reform, A.M. Best Co. maintained its stable outlook for the majority of the health industry in January 2013. It appears that all the fuss over ObamaCare is just political BS. America ’s insurers and drug firms are ready to serve more customers! GOP used to be in favor of everyone paying for healthcare: http://www.youtube.com/watch?v=rcSjLvWLcxE
MA has ObamaCare already thanks to GOP—what was learned?
Today, 97 percent of the state's 6.6 million people have it — the highest coverage rate of anywhere in America .http://www.npr.org/blogs/health/2013/10/01/227887992/lessons-for-the-obamacare-rollout-courtesy-of-massachusetts
Living without a mortgage?
A novel way to beat the high cost of living—tiny home, on wheels—not a double wide. Small but cozy—cuts down on clutter. Built it yourself $24,000 or buy for $57,000: http://www.tumbleweedhouses.com/
Should you make a homeowner’s claim?
In some states, making a single homeowner's insurance claim raises the annual premium cost over 20%, according to a newhttp://www.insurancequotes.com/home/home-insurance-claim report. The state with the highest increase is Minnesota (+21.2%), followed by Connecticut (+20.6%) and Maryland (+19.3%). Buy only what you need: http://www.amazon.com/Homeowners-Insurance-Beware-Coverage-Policy/dp/1480100870/
Will debt reduce your sunny retirement years?
A much higher proportion of homeowners over 65 are carrying mortgage debt compared with past generations. The Consumer Financial Protection Bureau estimates that 30 percent of all homeowners 70 and older have mortgages to pay off. In 2001, just 8 percent of owners 75 or older carried mortgage debt, according to the Federal Reserve’s Survey of Consumer Finances, published in 2010. Working longer may be the answer if employment is still possible. About 7.2 million Americans 65 and older were employed last year, a 67 percent increase from a decade ago, according to government data. The median 401(k) balance for households headed by people aged 55 to 64 who had retirement accounts at work was $120,000 in 2011, according to the Center for Retirement Research at Boston College
Insurers misuse your credit?
State Farm has sent notices to nearly 700 customers whose accounts were handled by an after-hours call center employee who allegedly "misused" credit card information of at least 11 customers.
Is life insurance the best way to help your grandchild?
Many grandparents buy small $10,000 policies for their loved ones in the belief that this is the best gift for them. Consider what really happens. Most child policies are dropped. The hundreds of dollars spent are defaulted to the insurer FREE. Better to start a savings program for the child. Your gift to their Roth IRA can be worth $2.1 million by age 65. That is the miracle of compounding. And the child does not have to die to collect! http://www.amazon.com/Give-your-Grandchild-000-Lifetime/dp/1456433105
Have you been to Chicago lately?
Stay off the streets. Chicago now has highest murder rate. More than in Capone days, more than the Wild West days. They even shoot kids now!
We need Wyatt Earp to ban guns in town like they did back then:
After a decision by the Supreme Court affirming the right of individuals to own guns, then-Chicago Mayor Richard Daley sarcastically said, "Then why don't we do away with the court system and go back to the Old West, you have a gun and I have a gun and we'll settle it in the streets?" This is a common refrain heard in the gun debate. Gun control advocates fear -- and gun rights proponents sometimes hope -- the Second Amendment will transform our cities into modern-day versions of Dodge.
Yet this is all based on a widely shared misunderstanding of the Wild West. Frontier towns -- places like Tombstone , Deadwood, and Dodge -- actually had the most restrictive gun control laws in the nation.
In fact, many of those same cities have far less burdensome gun control today than they did back in the 1800s.http://www.huffingtonpost.com/adam-winkler/did-the-wild-west-have-mo_b_956035.html
Towns banned guns for one reason back in the 1800s—guns kill people! People can't always control their emotions.
Did you inherit an annuity?
IRS ruled that you can transfer the annuity you inherit to another insurer so you can receive more. Rather than being bound by the terms of the decedent’s contract, beneficiaries may be able to exchange inherited contracts for newer, higher paying contracts, according to PLR 201330016. Such an annuity might have lower costs, come from a stronger company, offer better investment options, or have desirable features. A PLR only applies to the taxpayer who made the request, but it also shows how the IRS regards a certain issue. Thus, an exchange for a higher-paying annuity may be a realistic option for beneficiaries. See your optionshttp://www.amazon.com/Not-Buy-That-Annuity-Guaranteed/dp/1466494573
Only poor people are hurt by GOP shutdown
Government employees but not Congress or aides, Women Infant Children, Veterans, Small Business loans, tourism and business that serve them, Head Start, SS disability hearings, cancer cure program testing, food safety, flu shots, etc. Congress and their staffs will get paid. Military and weapons makers will get paid. Anyone they decide is 'essential' is paid but the rest of workers are NOT essential.
Millions of Poor Are Left Uncovered by Health Law—Two Americas?
If you and your neighbors elected a GOP government recently, you will likely NOT have health care available. Those that need it the most are denied the opportunity to buy coverage. America is NOT the land of opportunity GOP pretends. Only the rich can afford coverage in the 26 states ruled by GOP—60% of American working poor.
“How can somebody in poverty not be eligible for subsidies?” an unemployed health care worker in Virginia asked through tears. Before she lost her job and her house and had to move in with her brother in Virginia , she lived in Maryland , a state that is expanding Medicaid. “Would I go back there?” she asked. “It might involve me living in my car. I don’t know. I might consider it.” Will the poor have to move to get covered?
Two Americas : Banana Republic or Civil War?
SCAMS “Deficits don’t matter” Republican godfather, Dick Cheney, 2002
Educated are more susceptible to scams than others
Recent survey found that more than 80 percent of respondents were approached with potentially fraudulent offers and that 40 percent of all respondents were unable to spot “classic red flags of fraud” — implicit warnings that they were in danger of being fleeced. The survey showed that the highest earners — those with household incomes of $100,000 or more — found the pitch more appealing than those with lower incomes. And those with more education were generally more credulous, too. The greater their education, the more likely they were to invest in potentially fraudulent schemes. They are overconfident and had the money. Scammers on work for people with money. http://www.nytimes.com/2013/09/29/your-money/the-bridges-are-new-but-business-scams-are-timeless.html?pagewanted=all
Tracking of Americans through friends’ network allowed
Government can now keep tabs on all your friends and networks without court order. You don’t even need to be in touch with foreigners. OKed by Supremes too:
Allstate reneges on promises
Allstate retiree Garnet Turner is suing the insurer to protect the life insurance benefit he claims he was promised.
IAN
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