Protecting your Privacy starts with YOUR BACKUP PLAN

DAY 29 TIP OF THE DAY - 60 DAY CHALLENGE OFFER

Protecting your privacy!
Your Backup Plan really starts with that!

Mar 1-2013

Helping you to organize what's in our drawers, our boxes, our wallets, in our closets, in our filing cabinets and our safety deposit box. Otherwise your property can be unclaimed by your family. And that is the importance of putting everything all in 1 place!

There is no time limit on claiming your property. Abandoned property has been reunited with its rightful owners 30, 40, and even 50 years after it was turned over to the state. Some states have unclaimed property dating to the late 1800s. Let us help you secure your "stuff" so that your family knows where it is but it is also kept private.
http://www.peoplefindernow.com/safedepositbox.htm

  Let's Expect the Unexpected and get prepared with YOUR BACKUP PLAN!

Call us for more information- support@yourbackupplan.ca

http://www.yourbackupplan.ca

Don't wait until it's too late! Get your Backup Plan today

What I don't think Life insurance companies make money, do they?

DAY 13 TIP OF THE DAY - 60 DAY CHALLENGE OFFER

Feb 13-2013

How do Life Insurance companies make tons of money? Read further to find out how.

Life insurance Companies have their 2 most popular ways of making money!  

Quess how?

By - You buying insurance coverage and not using it!

Yes, #1 way is people buying term insurance and then cancelling it when it gets too expensive. Perhaps after 10 or 20 years.  So then, you have paid into a program for a while and they are happy to take your money.

#2, way - are those people that have bought insurance coverage and their family doesn't know that they have any and don't make a claim against it. It's a hidden secret! The insurance company gets out of paying for the policy!

Let's Expect the Unexpected and get prepared with YOUR BACKUP PLAN!

http://www.yourbackupplan.ca/news-blogs

What about your Medical records?

60 DAY CHALLENGE 

DAY 2~TIP OF THE DAY - YOUR MEDICAL 

RECORDS

 Feb 2 -2013

Where are all your Medical records? Only the nurses in our BC Medical system realize that our hospitals in most cases don't share YOUR MEDICAL records with any other hospital.
So, I'll give you an example.
You have a blood clot appear all of a sudden in your leg and you get rushed to one of the hospitals in Abbotsford or Chilliwack or the Okanagan. They are asking for your medical records to see if you are allergic to anything, or what medications that you've had, or what you have you a reaction to etc. No one will know the information about your blood type, your last test results, or even what would be the best treatment advice considering your own records.
Without any difficulties you can get a family member to pull out your medical records and get them to you. With no effort all of your documents and information is kept all in one place!
Let's Expect the Unexpected and get prepared with YOUR BACKUP PLAN!

In Life Do you have a Plan B?

In Life, Do You Have a 'Plan B?'

Posted on March 6, 2012 at 5:00 am,, by Allan Bach

 

 

I enjoy writing my blogs. My blogs are written from my point of view and, I realize, not everyone will agree with the words I write. I am not adverse to differing opinions; I rather enjoy reading what others have to say about my ideas. However, all things must end and, it seems, my blogging days are numbered.
Since 1969, I have not had vision in my right eye due to a mishap while serving in the Air Force. I’ve done fine with my mono vision until a few years ago, when I was diagnosed with macular degeneration in my good eye. At first, it wasn’t much of a problem. Lately, though, I find it difficult to use a word processor, even with a large font. Writing short articles used to require less than 30 minutes--today I’m spending more time than I desire. I get frustrated using a magnifying glass to write my words.
I will be going in a new direction soon. As of now, I am not certain what this will be, but I’m confident that I have quite a few skills that others will find useful. I've always had a "Plan B." This brings me to the subject of this blog. Do you have a Plan B?
So many people I talk to are very skilled at what they do but, should something happen where they lose the ability to perform that skill, they don’t have a backup plan. In the computing world, it is important to back up your data. If a hard drive dies and you don’t have a backup, you’ll lose all your files, pictures, songs, etc. This does not make for a good start to your day.
What is your backup plan? Are you learning a new skill, one that is different from that which you are using at present? If not, could it be that you are you reading less and watching TV more? Do you find yourself spending too much time on Facebook? Is it impossible to turn off your cell phone for more than one hour? These can be distractions to your acquiring new skills--skills that could mean the difference between having a job and being unemployed.
Take some time right now to assess your Plan B. If you don’t have one, invest a few hours each week to learning something new. Go to a museum, a library, or just spend some time alone reading or listening to instructional audio recordings. You may find that there is a new world out there, waiting for you to contribute your view, your opinion, and your skills. You never know if tomorrow is the day you will write your last blog.

Thanks to Allan Bach,
http://hellertown.patch.com/users/allan-bach/blog_posts

What's your Backup Plan?

What’s Your Backup Plan? by Jackie Beck

www.Moneycrush.com

Planning is key to so much of personal finance — it’s how we get ahead and stay ahead. Without planning, we just scramble to react, or make decisions that can be bad for us because they aren’t well thought-out. (You know how it is when you’re forced to give an answer quickly, and then later you think of something better you could have said or done…) But it’s not just planning for things you want to have happen that matters. You’ve also got to plan for the what ifs; the things you actively don’t want to have happen.

Creating a good backup plan

You’ve got to create a good backup plan — at least for the common scenarios that many people encounter throughout their lives. What would happen if you lost your job today? What if you came home and your spouse had left you? What if you got into a car accident and needed to be hospitalized, or even died?
Think the scenarios through. If you find yourself short on a good answer to those questions (and stuff like “Well, I’d live on credit cards” isn’t a good answer to losing your job), take this as an opportunity to lay out what your ideal backup plan would look like. And then take steps to get there. For example, if you don’t know what you’d do if you lost your job, think about what you’d like to be able to do if that happened. Find another job, right? And be able to pay all your bills while you’re unemployed without worrying?
Then think about what you’d need to do to make those desired outcomes happen. (Polish up your resume, network regularly now, come up with other ways to make money, get an emergency fund going, etc.)

 

Thank you Money Crush, Jackie Beck for this great article on What's your Backup Plan?

Cutting Life Insurance From Budget Is A Bad Idea

This is an American CBS Boston News article today.  Keep in mind it is US so there are different policies there than in Canada we have a different premium quoting website but interesting article or you can watch the news video on the link:

Cutting Life Insurance From Budget Is A Bad Idea

By Paula Ebben, WBZ-TV

October 10, 2011 2:25 PM

BOSTON (CBS) – Life insurance is something we should all have, but it often gets cut from the family budget when things get tight.

In fact, the number of families without a life insurance policy is at a 50-year low which can create a risky situation.

Many people question whether they really need to get a policy.

Financial advisor Ray Martin responds, “I think the way to think about it is, if I passed away, and my paycheck passed away, how would my family or the people who are dependent on me, and my paycheck, make it by every day?”

In a survey, 40-percent of households with children said they would have trouble paying their bills if the family’s primary breadwinner suddenly died.

Although life insurance can be confusing, there are a few basic guidelines for most people to follow.

The first challenge is to determine how much coverage to buy.

Martin said, “You want enough insurance to pay off all of your debts. That can be a mortgage, student loans, or car loans. Then you will also want an amount of money that can replicate your income.”

The policy should be large enough to cover future expenses, such as college tuition or retirement funds for a spouse.

Financial experts suggest you consider term insurance first.

Polices cover a set period of time, usually 10, 20, or 30 years. Term is the most affordable type of life insurance.

Martin explained, “If you are a male and you’re 35-40 years old, half a million term insurance policy, a 20-year term, can cost $400-$600 a year.”

Policy prices vary so it is wise to shop around for the best deals.

Sites like accuquote.com and insure.com can be very helpful. You can also ask an insurance agent to get quotes from several companies.

Keep in mind you will pay less if you are young and healthy.

Martin advises, “As soon as you are thinking about the topic, get on it and do it. Don’t wait because you are in a good health, because you’re life can change on a dime.”

Another type of life insurance is called whole.

It is considerably more expensive than term, but it is considered an investment because it builds equity.