A fund of funds is a type of mutual fund that is made up of other mutual funds (and occasionally ETF’s). Similar to a book that is a collection of poems. You get a bunch of different poems in one book. Why Fund of Funds Exist These funds were designed to make investing easier by [...]
Term Life Insurance: What You Need to Know
Term life insurance is when you pay an annual fee (payable in smaller payments if needed) for the benefit that if you die your loved ones receive money. Example: I pay $210 per year for the life insurance company to pay my husband $500,000 if I should die during the policy term. The word “term” [...]
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Life Insurance: Answers to Your Questions No Confusing Language Included
Many life insurance questions have nothing to do with a specific type of policy but more about the why’s of insurance. This article covers the most common questions about general life insurance policy. Why do I need Insurance? The purpose of life insurance is to cover your loved ones that count on your income if [...]
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The Basics: What is Life Insurance

Insurance is something I consider a necessary evil in personal finance. In an ideal world nothing bad would happen or we would actually have piles of cash in case something bad did happen. Unfortunately that is not the case, thus the existence of insurance. One of the most important insurances policies for you to have [...]
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Target Date Funds and Your Retirement Money

Picking the right selection of mutual funds for your retirement plan can be an intimidating task. The options seem to be endless and in a foreign language. Then you spot it: the Target Date Fund for your retirement year. Could this be the answer to your problem? Before you jump right in, let’s take a [...]



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