Running a business is never easy as there are many different types of risks involved that goes along with it. Even well-established businesses are not without any risks. No matter the type of business you have or are involved in, the risk of financial losses are always looming on the horizon and that you will never know of them until claims from such are made. In order to protect your…
Are you aware that the cost of many long-term care services in your home or community are likely not covered by your health insurance or Medicare. Why You Need It Services like a nursing home, an assisted living facility, a continuing care retirement community, or adult day services are a few examples of services not covered by your Medicare, MediGap, or health insurance. These services can cost up to $130,000 per…
This year I will save over $400 on my family’s eligible health care expenses and next year you can too! I was able to achieve these savings by signing up for a Medical Reimbursement Account (MRA) during my employers’ annual open enrollment period. What is an MRA and How Does It Work? If an MRA is offered by your employer, you can elect to enroll in the MRA during your new hire…
When I revived my passion for cycling, I realized how much I really enjoyed to ride. So with my new-found enjoyment, I set out to set a goal for myself to complete a 50 mile road ride (on my mountain bike) before my daughter was born. Based on my self-imposed timeline I had three months to train my body for the 50 mile ride. To assist with accomplishing my goal,…
When I was a firefighter , I experienced both real fires and financial fires. As a firefighter I learned how to use different aspects of a real fire to put it out. Through my experience , I found a way to apply the four parts of a real fire to put out your financial fire. Parts of a Fire For a fire to ignite, there are four primary parts that…