Credit history California

Whats inside? Here are the questions answered in todays reader mailbag, boiled down to five word summaries. Click on the number to jump straight down to the question.

Kickstarter ideas One of the biggest things parenting has taught me is the appreciation for my own parents, who had to handle all of this stuff for me when I was little. Sometimes, I cant imagine what I did with the abundance of time I had before children came along. Q1: Life insurance question Recently, my mom has decided to get life insurance from [a well known insurance company] for me.

She says I can use the money later for my children (Im only 21, and I dont plan on having any children in the near future) and its tax deductible (which I dont think is true). I dont know what goes on in her mind to make her think this is something she should do. I tried to convince her not to do this and that there are probably better ways to invest her money even if I dont know what exactly would be a better alternative, but she keeps insisting. And although I am pretty sure she cant apply for this without my consent, she wont let this go.

Would you have any advice of what I can say to explain to her that this is a relatively bad financial investment and that she should just save money for her own retirement. free credit reporting I know I am incredibly lucky to have parents who can afford to make the payments for life insurance or whatever they think I need (even when I really dont need credit history California it), but I rather they retire earlier credit history California and enjoy their lives and let me save for myself (I cant help but think Im going to end up credit history California horribly spoiled and not be able to appreciate the value of a dollar if they keep this up). - Evelyn credit history California The big question I would have is who exactly this life insurance will benefit. If the reason for buying it is solely as an investment, then youre better off putting it in a savings account because then the insurance company wont get a cut.

If theres another reason involving beneficiaries, then its going to be more tricky. credit report free annual

The issue here isnt the facts for or against the type of policy that your mother is credit history California looking at. The facts against that type of policy are abundant and easy to find. The issue is whether or not your mother will even listen to you at all on this issue.

This is particularly true if shes listened to a persuasive salesperson who has tugged strongly on her heartstrings. Youve got to figure out why she wants to buy this insurance. Im 25, single, and a few months away from graduating with a masters in public health. I have finished paying for school and have no debt of any kind as I credit history California worked throughout my undergrad and masters.

In fact, I have more money than credit history California I know what to do with. For safe keeping, and because I didnt know what else to do and was too busy with school and my two jobs to have time to think, I have put the majority of this money (approx. $75,000 Cdn) in short term GICs, the terms of which are ending at the end of this year so Ill be able to move this money.

I have recently received an additional $40,000 from a grandparent. This money is now just sitting in my savings account. I dont require any of this money to live credit history California off of, since I am still working, and will be making even more once I start working full time in January when I am done with school. free credit report website I have a lot of work experience credit history California in my field, and there are many credit history California jobs in this area, so I expect to find a job where I expect to make at least $55,000/year, credit history California and likely more within a couple years.