Comments for Recession Proof Living http://www.howtostayafloat.com Everything you need to recession-proof your money and your life Sat, 06 Mar 2010 19:07:35 -0700 http://wordpress.org/?v=2.8 hourly 1 Comment on Mortgage Life Insurance is a Ripoff by Kyle http://www.howtostayafloat.com/2009/12/mortgage-life-insurance-is-a-ripoff.html/comment-page-1#comment-141 Kyle Sat, 06 Mar 2010 19:07:35 +0000 http://www.howtostayafloat.com/?p=150#comment-141 I totally agree. These policies are a rip off. When I got into the insurance business I was roped into selling these things. About 4 months in I quit selling them, becasue I actually analyzed the COI per unit and realized you do pay 4 times as much. All of the other bells n whistles just aren't that great. The limited disability is a joke, the terminal illness riders are a joke, etc. I would advise clients to go fully underwritten. The plus side is that if you dont want to take a paramed, then I guess it's a deal. Some coverage is better than no coverage. Since then I have dedicated my life to actually helping people solve their retirement problem. I enjoy that much more and the message and strategy is incredible. I couldnt sleep at night knowing I was selling that crap. Besides, typical mortgage life insurance agents are only concerned with turning a lead into commission. Trust me, I know--I was part of an outfit that sold this crap and all they talked about is how much premium did you write, how many calls did you make, How many people did you sell--not help-sell. They always coached you up on at least selling the customer something whether it was "critical period" life insurance which meant just multiplying their mortgage payment by 48 months and selling them on , "At least you can leave your loved ones with 4 years of mortgage payments" etc. Seriously, Mortgage protection life insurance guys are no different than used car salesmen. They suck and they dont even understand the true power behind properly structured life insurance--they just want to make a sale--they make me sick--they give life insurance agents a bad name. I am glad and I am ashamed that at one brief point in my career I was part of that low-life group. Hey we live and we learn. I wish the NAIC would reccommend to state comissioners to band mortgage life insurance. I totally agree. These policies are a rip off. When I got into the insurance business I was roped into selling these things. About 4 months in I quit selling them, becasue I actually analyzed the COI per unit and realized you do pay 4 times as much. All of the other bells n whistles just aren’t that great. The limited disability is a joke, the terminal illness riders are a joke, etc. I would advise clients to go fully underwritten. The plus side is that if you dont want to take a paramed, then I guess it’s a deal. Some coverage is better than no coverage. Since then I have dedicated my life to actually helping people solve their retirement problem. I enjoy that much more and the message and strategy is incredible. I couldnt sleep at night knowing I was selling that crap. Besides, typical mortgage life insurance agents are only concerned with turning a lead into commission. Trust me, I know–I was part of an outfit that sold this crap and all they talked about is how much premium did you write, how many calls did you make, How many people did you sell–not help-sell. They always coached you up on at least selling the customer something whether it was “critical period” life insurance which meant just multiplying their mortgage payment by 48 months and selling them on , “At least you can leave your loved ones with 4 years of mortgage payments” etc. Seriously, Mortgage protection life insurance guys are no different than used car salesmen. They suck and they dont even understand the true power behind properly structured life insurance–they just want to make a sale–they make me sick–they give life insurance agents a bad name. I am glad and I am ashamed that at one brief point in my career I was part of that low-life group. Hey we live and we learn. I wish the NAIC would reccommend to state comissioners to band mortgage life insurance.

]]> Comment on Is Now the Best Time to Refinance? by Shaun McGowan http://www.howtostayafloat.com/2010/02/is-now-the-best-time-to-refinance.html/comment-page-1#comment-139 Shaun McGowan Fri, 26 Feb 2010 23:44:22 +0000 http://www.howtostayafloat.com/?p=157#comment-139 If your mortgage and other home loans equal 80% or less of your home's worth, you'll typically have the most choices and be offered the best rates, contingent on your credit scores. If your mortgage and other home loans equal 80% or less of your home’s worth, you’ll typically have the most choices and be offered the best rates, contingent on your credit scores.

]]> Comment on My “Get out of Debt” Journey: Part 5 by ParisGirl111 http://www.howtostayafloat.com/2009/08/my-get-out-of-debt-journey-part-5.html/comment-page-1#comment-136 ParisGirl111 Mon, 15 Feb 2010 21:53:54 +0000 http://www.howtostayafloat.com/?p=136#comment-136 I am using the Dave Ramsey debt snowball approach to hack away at my debt. I have paid off one small debt so far. It's great motivation to keep going, but I am finding it harder to pay off the second one...just gotta keep going. I am using the Dave Ramsey debt snowball approach to hack away at my debt. I have paid off one small debt so far. It’s great motivation to keep going, but I am finding it harder to pay off the second one…just gotta keep going.

]]> Comment on Is Identity Theft Insurance a Ripoff? by Charles http://www.howtostayafloat.com/2009/05/is-identity-theft-insurance-a-ripoff.html/comment-page-1#comment-135 Charles Sun, 07 Feb 2010 18:43:20 +0000 http://www.howtostayafloat.com/?p=25#comment-135 Great post! It's important for people to understand exactly what they are buying and how it can or cannot help them. There's no denying that ID Theft is a huge problem. Thanks again for the great information. Great post!

It’s important for people to understand exactly what they are buying and how it can or cannot help them.
There’s no denying that ID Theft is a huge problem.

Thanks again for the great information.

]]> Comment on Guest Post: 5 Tips for Buying Foreclosures by Jacob Christensen http://www.howtostayafloat.com/2009/06/guest-post-5-tips-for-buying-foreclosures.html/comment-page-1#comment-128 Jacob Christensen Mon, 30 Nov 2009 18:10:04 +0000 http://www.howtostayafloat.com/?p=33#comment-128 Great intervention by Jim... RealtyTrac is specialized in this market and these tips really can help! Great intervention by Jim… RealtyTrac is specialized in this market and these tips really can help!

]]> Comment on Christmas: Buy or Make? by Financial Samurai http://www.howtostayafloat.com/2008/11/christmas-buy-or-make.html/comment-page-1#comment-122 Financial Samurai Thu, 08 Oct 2009 06:37:39 +0000 http://www.howtostayafloat.com/?p=10#comment-122 Make for sure! Save money and make everything you can for everybody! :) Make for sure! Save money and make everything you can for everybody! :)

]]> Comment on My “Get out of Debt” Journey: Part 5 by The Money Bloggers Network » Money Bloggers Network Roundup #2 http://www.howtostayafloat.com/2009/08/my-get-out-of-debt-journey-part-5.html/comment-page-1#comment-109 The Money Bloggers Network » Money Bloggers Network Roundup #2 Wed, 09 Sep 2009 17:34:46 +0000 http://www.howtostayafloat.com/?p=136#comment-109 [...] Proof Living posted My “Get out of Debt” Journey: Part 5, a moving account of her family’s desire to create the financial stability needed for a [...] [...] Proof Living posted My “Get out of Debt” Journey: Part 5, a moving account of her family’s desire to create the financial stability needed for a [...]

]]> Comment on Guest Post: Why We Need a Public Option for Health Insurance by The Money Bloggers Network » Money Bloggers Network Roundup #1 http://www.howtostayafloat.com/2009/08/guest-post-why-we-need-a-public-option-for-health-insurance.html/comment-page-1#comment-107 The Money Bloggers Network » Money Bloggers Network Roundup #1 Sat, 05 Sep 2009 17:38:17 +0000 http://www.howtostayafloat.com/?p=132#comment-107 [...] Recession Proof Living has a guest post on Why We Need a Public Option for Health Insurance. [...] [...] Recession Proof Living has a guest post on Why We Need a Public Option for Health Insurance. [...]

]]> Comment on My “Get out of Debt” Journey: Part 5 by Susan Tiner http://www.howtostayafloat.com/2009/08/my-get-out-of-debt-journey-part-5.html/comment-page-1#comment-106 Susan Tiner Thu, 03 Sep 2009 19:51:57 +0000 http://www.howtostayafloat.com/?p=136#comment-106 I love the image of thorn bushes standing between you and your second child. That's a powerful motivator. I love the image of thorn bushes standing between you and your second child. That’s a powerful motivator.

]]> Comment on About by Little House http://www.howtostayafloat.com/about/comment-page-1#comment-105 Little House Sun, 30 Aug 2009 23:50:15 +0000 http://www.howtostayafloat.com/?page_id=2#comment-105 Hi Andrea, I noticed that some of your posts are guest posts. Are you accepting guest posts at the moment? If you'd like to see some of my own posts on my blog, please visit: http://www.littlehouseinthevalley.com Please let me know- thanks Little House Hi Andrea,
I noticed that some of your posts are guest posts. Are you accepting guest posts at the moment? If you’d like to see some of my own posts on my blog, please visit:

http://www.littlehouseinthevalley.com

Please let me know-
thanks
Little House

]]> Comment on Guest Post: Why We Need a Public Option for Health Insurance by Frugal Living http://www.howtostayafloat.com/2009/08/guest-post-why-we-need-a-public-option-for-health-insurance.html/comment-page-1#comment-104 Frugal Living Sun, 30 Aug 2009 21:25:29 +0000 http://www.howtostayafloat.com/?p=132#comment-104 Hey, I 100% agree with the public plan. Being English I have nothing but great experience with the NHS and I was astounded at the strange anti-public propoganda going around in the usa!! Thanks for your post, Forest Hey,

I 100% agree with the public plan. Being English I have nothing but great experience with the NHS and I was astounded at the strange anti-public propoganda going around in the usa!!

Thanks for your post,

Forest

]]> Comment on My “Get out of Debt” Journey: Part 5 by Little House http://www.howtostayafloat.com/2009/08/my-get-out-of-debt-journey-part-5.html/comment-page-1#comment-102 Little House Fri, 28 Aug 2009 22:12:26 +0000 http://www.howtostayafloat.com/?p=136#comment-102 Hi Andrea, I just read your 5 - step series of getting out of debt. I think the Dave Ramsey approach (I have no clue who this is) seems like a realistic step-by-step approach. For people who are struggling to find that extra money to pay down debt, this looks like a great recipe to begin with. My husband and I finished paying off our credit cards and started with the smaller amounts first. The feeling of satisfaction is important to keeping motivated. We're now working towards paying off our larger debts (a car, line of credit and student loan) and saving for a house. I'll be checking back on this story! Little House Hi Andrea,

I just read your 5 – step series of getting out of debt. I think the Dave Ramsey approach (I have no clue who this is) seems like a realistic step-by-step approach. For people who are struggling to find that extra money to pay down debt, this looks like a great recipe to begin with. My husband and I finished paying off our credit cards and started with the smaller amounts first. The feeling of satisfaction is important to keeping motivated.

We’re now working towards paying off our larger debts (a car, line of credit and student loan) and saving for a house.

I’ll be checking back on this story!
Little House

]]> Comment on Guest Post: Why We Need a Public Option for Health Insurance by Alan http://www.howtostayafloat.com/2009/08/guest-post-why-we-need-a-public-option-for-health-insurance.html/comment-page-1#comment-101 Alan Tue, 25 Aug 2009 01:37:37 +0000 http://www.howtostayafloat.com/?p=132#comment-101 I agree with everyone. Your article on this blog is fantastic. Well done! I'm a big fan of your blog and be sure to keep up the great work. I plan on returning and linking to your site. Sincerely, Author The Alan Haft Blog I agree with everyone.
Your article on this blog is fantastic. Well done! I’m a big fan of your blog and be sure to keep up the great work. I plan on returning and linking to your site.

Sincerely,
Author
The Alan Haft Blog

]]> Comment on 5 Ways to Recession Proof Your Small Business by bn http://www.howtostayafloat.com/2008/11/5-ways-to-recession-proof-your-small-business.html/comment-page-1#comment-100 bn Mon, 24 Aug 2009 22:55:08 +0000 http://www.howtostayafloat.com/?p=8#comment-100 Thanks for the time and post! Thanks for the time and post!

]]> Comment on Guest Post: Why We Need a Public Option for Health Insurance by Susan Tiner http://www.howtostayafloat.com/2009/08/guest-post-why-we-need-a-public-option-for-health-insurance.html/comment-page-1#comment-99 Susan Tiner Wed, 19 Aug 2009 16:28:32 +0000 http://www.howtostayafloat.com/?p=132#comment-99 Andrea, I agree that Medicare for everyone would be wonderful as an option, but per my latest post at http://bit.ly/4uLz5m still that high-deductible HSA compatible plans are a great option for those willing for pay out-of-pocket for health maintenance. Please check out and comment on the post if you have a chance. -Susan Andrea,
I agree that Medicare for everyone would be wonderful as an option, but per my latest post at http://bit.ly/4uLz5m still that high-deductible HSA compatible plans are a great option for those willing for pay out-of-pocket for health maintenance. Please check out and comment on the post if you have a chance. -Susan

]]> Comment on Guest Post: Why We Need a Public Option for Health Insurance by Andrea http://www.howtostayafloat.com/2009/08/guest-post-why-we-need-a-public-option-for-health-insurance.html/comment-page-1#comment-98 Andrea Tue, 18 Aug 2009 19:28:26 +0000 http://www.howtostayafloat.com/?p=132#comment-98 Susan, I'm all for capitalism and free markets, but health care is too important to let profits dictate who gets care and how much. We don't let the markets run our military or our schools, or even the local fire department. And health care is at least as important as all those. I am ready to say goodbye to the health insurance industry and hello to Medicare for everyone. Andrea Susan,

I’m all for capitalism and free markets, but health care is too important to let profits dictate who gets care and how much. We don’t let the markets run our military or our schools, or even the local fire department. And health care is at least as important as all those.

I am ready to say goodbye to the health insurance industry and hello to Medicare for everyone.

Andrea

]]> Comment on Guest Post: Why We Need a Public Option for Health Insurance by Susan Tiner http://www.howtostayafloat.com/2009/08/guest-post-why-we-need-a-public-option-for-health-insurance.html/comment-page-1#comment-97 Susan Tiner Tue, 18 Aug 2009 17:38:50 +0000 http://www.howtostayafloat.com/?p=132#comment-97 I wouldn't go so far as to say that we need to destroy the health insurance industry, but do agree that we need a public option so that there is at least one provider motivated to provide affordable care, not maximize profits. I wouldn’t go so far as to say that we need to destroy the health insurance industry, but do agree that we need a public option so that there is at least one provider motivated to provide affordable care, not maximize profits.

]]> Comment on Guest Post: Why We Need a Public Option for Health Insurance by Neil http://www.howtostayafloat.com/2009/08/guest-post-why-we-need-a-public-option-for-health-insurance.html/comment-page-1#comment-96 Neil Tue, 18 Aug 2009 11:35:49 +0000 http://www.howtostayafloat.com/?p=132#comment-96 Hi I agree totally with this. Please don't be fooled by the adverts running in the US that claim the National Health Service in the UK is "evil". Most people in the UK love the health system really, and certainly if they were offered the US system they would turn it down. What is evil about a system that provides a good level of health care for all at less cost that the US system (in terms of GDP%)? It still leaves the option for rich people to take out additional health care cover/pay for procedures as they need them. Hi

I agree totally with this.

Please don’t be fooled by the adverts running in the US that claim the National Health Service in the UK is “evil”. Most people in the UK love the health system really, and certainly if they were offered the US system they would turn it down.

What is evil about a system that provides a good level of health care for all at less cost that the US system (in terms of GDP%)? It still leaves the option for rich people to take out additional health care cover/pay for procedures as they need them.

]]> Comment on Budget Cooking for a Crowd by Credit Card Default, Cheap Cooking and Wasted Money http://www.howtostayafloat.com/2009/07/budget-cooking-for-a-crowd.html/comment-page-1#comment-91 Credit Card Default, Cheap Cooking and Wasted Money Mon, 03 Aug 2009 07:31:31 +0000 http://www.howtostayafloat.com/?p=99#comment-91 [...] To Stay Afloat shares ideas for low cost dishes you can make for a crowd. Some great tips? Plan ahead, consider “big pot” meals and prepare affordable treats [...] [...] To Stay Afloat shares ideas for low cost dishes you can make for a crowd. Some great tips? Plan ahead, consider “big pot” meals and prepare affordable treats [...]

]]> Comment on My "Get Out of Debt" Journey: Part 1 by Link Round-up Serial Edition | Do You Dave Ramsey? http://www.howtostayafloat.com/2009/06/my-get-out-of-debt-journey-part-1.html/comment-page-1#comment-88 Link Round-up Serial Edition | Do You Dave Ramsey? Fri, 31 Jul 2009 11:04:59 +0000 http://www.howtostayafloat.com/?p=32#comment-88 [...] Andrea at Recession Proof Living is sharing an authentic view into her family’s Get of of Debt Journey. [...] [...] Andrea at Recession Proof Living is sharing an authentic view into her family’s Get of of Debt Journey. [...]

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