7 Budget-Friendly Meal Ideas

7 Budget-Friendly Meal Ideas

A steaming slow cooker of white chicken chili


Imagine this: You’re gathered around the dinner table, conversation flowing, plates and hearts full. Someone smiles and compliments, “Wow. This is so good!” And you respond, “Thank you. It’s a savory and budget-friendly meal.” You both high-five.

Okay, maybe it’s more like you’re rushing from one thing to the next, so everyone’s scarfing down the meal and you just get a muffled “yum” before everyone’s out the door.

Either way, you’re trying to balance life and your budget while eating real food. And you can—with these seven recipes! Try them all in a row, and you’ll have your whole week covered. Or sprinkle them throughout your month. However you decide to serve them up, these budget-friendly meal ideas will help you fill those plates without busting the bank.

Meal One: Salsa Chicken Rice Bowls


For Salsa Chicken

5 pounds frozen, boneless chicken breasts

1 jar salsa

1 packet taco seasoning

1 cup water

Other Ingredients

2 cups dry rice

1 can corn

1 can black beans

1 can chopped tomatoes

1 head of lettuce, chopped

Shredded cheese

Sour cream


Dump water, salsa, taco seasoning, and frozen chicken into a slow cooker. Cover and cook on high for 6 hours. Then use a fork to shred the chicken. You can serve from the slow cooker to keep warm.


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Open the cans of black beans and corn. Heat each until warm (either on the stove or in the microwave). Cook rice according to package directions. Set out the rest of the ingredients and let everyone build their own bowls with rice, chicken, salsa, corn, black beans, tomatoes, lettuce, shredded cheese, and sour cream.

Budget Tip

Yes, fresh tomatoes taste better. If they’re in season and on sale, grab them. But if not, find canned tomatoes without added salt and use those instead. You’ll still get nutrition with way less cost.

Pro tip: Use leftover chicken from this recipe for cheesy chicken quesadillas (see recipe a little further down) and use the extra lettuce to make a salad to go with spaghetti later in the week. If you want, you can also make an extra 1 1/2 cups of dry rice here for the upcoming chicken fried rice meal.

Estimated meal cost: Less than $20

Serves: 4–5

Meal Two: Turkey Meatloaf and Potatoes


For Turkey Meatloaf

1 pound ground turkey

1 egg

1 box stuffing mix

1 cup water

1/8 cup BBQ sauce

1/3 cup ketchup

For Potatoes

4 large potatoes

Olive oil

Salt and pepper (or your favorite spices)


Preheat your oven to 350 degrees F. Throw all the meatloaf ingredients except that ketchup into a bowl and mix it up until everything is evenly combined. (Use your hands for better mixing results. It’s gross and cold but worth it.) Pat the meat mixture into a greased loaf pan and cook for 30 minutes. Remove and slather with ketchup. Return to oven for 15 more minutes.

Side Dishes

Make roasted potatoes! First, cut about 4 large potatoes into small cubes, tossing them in olive oil and whatever spices you like (salt and pepper are classic, or you can add some Italian seasoning to mix it up). Place them in a single layer on a baking sheet and cook at 450 degrees F for 25–35 minutes. It’s super simple and super delish. Add a bag of steam-in-the-bag frozen veggies, and you’ve got a complete and wonderful meal.

Budget Tip

When the steam-in-the-bag frozen veggies go on sale, stock up! You can often find them for just $1 a bag! But don’t forget they’re in your freezer when you’re meal planning later in the month.

Also, grab a bag of whatever fresh potatoes are on sale. If you’re cooking all of these recipes in one week, you’ll use some for baked potato night too.

Estimated meal cost: Less than $17

Serves: 4–6

Meal Three: Breakfast for Dinner


For Pancakes

1 cup milk

1 cup self-rising flour (or 1 cup all-purpose flour plus 1 teaspoon baking powder and 1/4 teaspoon salt)

1 large egg

2 tablespoons sugar

2 tablespoons vegetable oil

1/2 teaspoon vanilla extract

1/2 teaspoon cinnamon (optional)

Nonstick cooking spray

For Scrambled Eggs

8 eggs

3/4 teaspoon salt

3/4 teaspoon pepper

1/2 cup milk

2 teaspoons of butter


Whisk all the pancake ingredients until the lumps are long gone. (Be careful not to overmix!) Heat a griddle, pan or electric skillet to 370 degrees F and spray with a nonstick cooking spray. Use 1/4 cup of batter per pancake, and space each about an inch apart. Flip when large bubbles form in the batter, and remove the pancake after about 2 minutes on the second side. Reapply cooking spray and continue to make pancakes until all the batter is gone. You’ll have 10–12 pancakes.

Side Dishes

Serve with scrambled eggs. You already have a bunch of eggs in your fridge for multiple recipes this week. Just crack 8 eggs into a bowl and add 3/4 teaspoon of salt, 3/4 teaspoon of pepper, and 1/2 cup of milk. Scramble the mixture with a whisk or fork. Melt 2 teaspoons of butter in the bottom of a skillet over medium-high heat and pour in the egg mixture. Scramble them in the pan to your preferred consistency. This is a super cheap protein!

Budget Tip

Notice this is a meatless meal night. Add at least one of these to your plan every week because meat ain’t cheap. Try bringing in other proteins to your menu like eggs, beans, lentils, chickpeas, green peas, quinoa and nuts. And don’t be afraid of generic brands when you’re loading up on spices, flour and sugar. They’re the same as the name brand—they just didn’t spend as much on advertising or fancy labels.

Estimated meal cost: Less than $13

Serves: 4–5

Meal Four: Cheesy Chicken Quesadillas


For Quesadillas

Flour tortillas

4 cups shredded cheese

Salsa chicken (see previous recipe)

Sour cream (for dipping)



Other Ingredients

1 can black beans

Tortilla chips



Set your stovetop to medium-high heat. Spread a thin layer of butter on one side of two flour tortillas. Sprinkle lightly with salt. Place one tortilla butter side down in the skillet, sprinkle the top side with cheese, add shredded chicken, sprinkle with a little more cheese, then top with remaining flour tortilla butter side up. Heat until golden brown on the bottom, then carefully flip and brown that side too.

Side Dishes

Heat up a can of black beans for a side dish. Grab some tortilla chips and pop open a jar of salsa. So simple. So yummy. So cheap.

Budget Tip

If you’re using the leftover salsa chicken from your rice bowl night, not only did you make your prep work way easier, but you’ve also just stretched your dollars even further. Bravo, savvy chef.

Estimated meal cost: $18–24

Serves: 4

Meal Five: Spaghetti With Meat Sauce


For Spaghetti

1 pound ground beef or turkey

1 package spaghetti noodles

1 can marinara sauce

1 jar parmesan cheese

For Side Salad

Bag of salad (or a head of lettuce)



Place the meat in a large saucepan on medium-high heat. Stir until it’s browned all the way through. Drain the grease. Lower the heat to a simmer and add the can of marinara sauce to the pan. Stir until heated through. Cook the noodles separately according to package directions. After cooking, you can mix the pasta and sauce into one pan or let people build their own plates. Sprinkle with parmesan cheese if desired.

Side Dishes

Salad goes so well with pasta—and it’s good for you! If you find a bagged mix on sale, grab it. Otherwise, use regular lettuce and do the chopping yourself. Use the parmesan cheese you sprinkled all over your pasta and sprinkle it on those greens. Top with some croutons or any chopped veggies you have handy. As the Italians say, “è molto buono!” (aka “it’s very good”).

Budget Tip

Save some money with this meal by using the leftover lettuce from Salsa Chicken Rice Bowls night for your side salad. And if you buy a bag of croutons, don’t forget about them in the pantry. Make another salad soon!

Estimated meal cost: $15–18

Serves: 6–8

Meal Six: Chicken Fried Rice


2 cooked chicken breasts, cubed

2 cups cooked, day-old rice

2 tablespoons sesame oil

1 fried rice seasoning packet

1/2 cup frozen peas and carrots

2 eggs


Heat sesame oil over medium-high heat, add the cooked rice, and sauté until heated through. Add cubed chicken and seasoning packet. Cook for 5 minutes until chicken is warm. Add frozen peas and carrots, and sauté for 2 minutes. Push rice to one side, making space in the pan. Crack the eggs, scramble until cooked, then mix through fried rice. Serve with soy sauce or Yum Yum sauce.

Budget Tip

First of all, with a meal as all-inclusive as this, you’ll save money by skipping a side dish! Buy a big bag of rice this week since you’ll be making two meals that call for it. Also, say thank you to those frozen peas and carrots. Goodbye chopping, hello savings.

Estimated meal cost: $14–18

Serves: 3–4

Meal Seven: Baked Potato Bar


5 potatoes

Olive oil


Optional Toppings

Sour cream

Shredded cheese


2 cans chili

Steam-in-the-bag broccoli


Scrub each potato with cold water and dry completely. Then poke holes in each one with a fork 8–12 times so they don’t explode. Set your oven to 400 degrees F and move the rack to the middle. Line a baking sheet with aluminum foil. Coat each potato evenly in olive oil and sprinkle with salt. Lay them on the baking sheet and cook for 45 minutes to 1 hour, depending on the size of the spuds. Flip them every 20 minutes so they’re cooked through evenly. Test the doneness by sticking a fork in: The outside should be crisp while the inside is soft. Set out toppings and let your hungry fam build their potato plates however they please.

Or if you want to cook potatoes in your slow cooker, try this: Rub each potato in olive oil, sprinkle with salt, wrap them individually in foil, and put them in a slow cooker on low for 8 hours or high for 4 hours.

Side Dishes

If you still have some lettuce left, make a salad! Chop up some cucumbers and add some of that shredded cheese to give it extra flavor.

Budget Tip

Serve with canned chili or other beans to top. This added protein will help fill up your crew without a huge added cost.

Estimated meal cost: Less than $15

Serves: 5

Bonus Recipe: Rachel Cruze’s White Chicken Chili


3–4 chicken breasts (frozen or thawed)

2 cans Rotel

3 cans white great northern beans (liquid and all)

12 ounces shredded cheddar cheese

1 medium onion, chopped

2 teaspoons cumin

Optional Toppings

Tortilla chips

Sour cream


Dump all ingredients in a slow cooker and stir. Cook on low for 8 to 10 hours. Shred chicken with a fork. Serve on top of tortilla chips and top with sour cream.

Estimated meal cost: Less than $15

Serves: 5–6

Budget for Meals to Save Serious Cash

Those moments you spend sharing a meal together (even rushed ones) are valuable. And just like so many other valuable life moments, they don’t have to cost a fortune. With these easy, budget-friendly meals, you can spend less time worrying about and making dinner—and more time on what really matters in life.

And if you want to keep your grocery expenses from eating away at the rest of your budget, you need a budgeting tool. You need EveryDollar. It’s quicker and easier to use than any recipe. Download EveryDollar and become top chef in your kitchen and top boss of your money.

If a leader doesn’t convey passion and intensity then there will be no passion and intensity within the organization and they’ll start to fall down and get depressed. Get Your Free Position Now http://lock-in-your-position.com/lp7/?sponsor=homeprofitcoach

Do Stay-at-Home Parents Need Life Insurance?


Do Stay-at-Home Parents Need Life Insurance?


Parent. Its official definition ought to be, “Caretaker of child. Synonyms: nanny, tutor, launderer, chauffer, coach, nurse, therapist, chef . . . ” And the list goes on.

This definition especially applies to a stay-at-home parent (SAHP). While SAHPs may not pull down a six-figure income from a corner office, they provide a lot of valuable services for the family.

Let’s talk about why stay-at-home parents need life insurance, how big that policy needs to be, and what families should do with the payout if the unimaginable happened.

What a Stay-at-Home Parent Covers

The whole point of life insurance is to replace your income so your family can function if something were to happen to you. That makes sense for the spouse who goes to the office every day, but what does that mean for the stay-at-home parent? Why do SAHPs even need term life insurance if they don’t technically make an income? Because of the services they provide.

Here are some of the jobs a stay-at-home parent covers:

  • Teacher
  • Childcare provider
  • Chef
  • Chauffeur
  • Housekeeper
  • Laundry services
  • Tutor
  • Coach
  • Project manager

Running a household is a lot like trying to herd a litter of kittens! If something horrible were to happen to the SAHP, who would take care of these needs? The surviving spouse can’t quit work—they still need to bring home an income. That’s where term life insurance kicks in.


Protect your family with term life insurance. Get a quote now!

Do Stay-at-Home Parents Need Life Insurance?

life insurance policy for a stay-at-home parent doesn’t replace their income—it provides the money necessary to cover all the jobs the SAHP did before they passed away.

We know there’s no way to ever replace a parent. Nothing will ever fill that hole. But with the money from a life insurance payout, the surviving spouse can hire someone to cover many of the responsibilities the SAHP used to cover.

It’s a matter of keeping your family going in the worst of situations. Life will never go back to normal, but by hiring people to help fill in the gaps (at least temporarily), you can make sure nobody’s needs fall through the cracks. And that’s what matters, right?

So, when should you get life insurance as a stay-at-home parent?

If you’re fresh out of college and without debt, you don’t need it quite yet. But if you’re married and kids are on the horizon, it’s good to go ahead and purchase a policy now.

Then you’ll be covered no matter how long it takes for that little one to come along. After all, they tend to arrive on their own schedule—and often earlier than you’d planned!

How Much Life Insurance Do Stay-at-Home Parents Need?

The big question is how much term life insurance you should purchase for the stay-at-home parent. There’s no one-size-fits-all answer to this because every family is different, but a 15- to 20-year policy between $250,000–400,000 is a general rule. After that time, the kids are grown and out of the house, so there’s no need for coverage.

You need to think through what you’ll do in three major areas: childcare, education and household duties. Those decisions might mean you get a bigger policy to cover the extra costs.

Childcare. If something were to happen to the SAHP, how much money would you need to cover childcare expenses? According to Care.com, childcare for an infant costs about $200 a week for a day care center and $600 a week for a nanny.1 

So 50 weeks of care (you do get a vacation, right?) could run between $10,000 and $30,000. And that’s just for one child. Of course, those costs differ depending on where you live, but you get the idea.

Education. A lot of families choose to homeschool their children. If that’s the case in your family, you and your spouse need to decide where the kids will go to school if something were to happen to the SAHP.

If you want to go the private school route, then you’ll need to factor in those costs. The national average for private school tuition is about $10,700.2 Again, that’s just for one child. And that doesn’t include all the extra costs like supplies, fees and extracurriculars.

Household duties. Who will be responsible for cleaning the house if something happens to the stay-at-home parent? If you paid someone to clean and do laundry, that will cost you about $26 an hour.3 That’s an average, so if you live in California or New York, you may have to offer up the occasional arm and leg to pay for these costs.

Remember, how much life insurance you get for the SAHP will depend on your family’s needs.

Let’s think about Shauna, a mom who stays home to take care of her young children. If something happened to her, it would cost between $25,000–40,000 a year to pay for the different jobs she does on a weekly basis, like childcare, laundry and meal preparation.

Shauna and her husband would need to take out a 15- to 20-year term life policy on Shauna and make the policy worth between $250,000–400,000. That’s 10 times the amount of work she does in a year.

If tragedy struck and Shauna passed away, her husband could work with a financial advisor to put the life insurance benefit in a good mutual fund.

Each year, he could use the growth from that mutual fund (which could be around 10% a year) to pay for the costs of childcare, meal preparation, house cleaning and the other jobs his wife used to handle. So that life insurance policy of $250,000–400,000 could give Shauna’s family between $25,000–40,000 a year to take care of the services she provided.

If a leader doesn’t convey passion and intensity then there will be no passion and intensity within the organization and they’ll start to fall down and get depressed. Get Your Free Position Now http://lock-in-your-position.com/lp7/?sponsor=homeprofitcoach

Term Life vs. Whole Life Insurance

erm Life vs. Whole Life Insurance


Ah, adulting . . . The days are made up of paying bills, scheduling appointments, and maintaining that ever-so-tricky thing called “work-life balance.” In the middle of keeping up with the day-to-day, it can be easy to forget about the future.

Retirement? Eh, we’ll get around to it one day.
Life insurance? We’ll think about it once we hit that certain age.

But here’s the funny thing about life—you can’t control it. Things happen that we never see coming, and there’s very little we can actually plan for. That’s why it’s so important to have peace of mind with a life insurance plan in place.

It doesn’t matter if you’re right out of college or knocking on the door of retirement: You need life insurance, and there’s no time like the present to get it.

Term Life Insurance vs. Whole Life Insurance: What’s the Difference?

When it all boils down, you really have two options when it comes to life insurance—term or whole life. One is a safe plan that helps protect your family and the other one, well, it’s a total rip-off.

What Is Term Life Insurance?

Term life insurance provides life insurance coverage for a specific amount of time. If you or your spouse passes away at any time during this term (usually 20–30 years), your beneficiaries (those you’ve selected to inherit your money) will receive a payout from the term life insurance policy.


Protect your family with term life insurance. Get a quote now!

Term life insurance plans are much more affordable than whole life insurance. This is because the term life policy has no cash value until you or your spouse passes away. In the simplest of terms, it’s not worth anything unless one of you were to die during the course of the term. Then that’s when you receive money.

Of course, the hope here is you’ll never have to use your term life insurance policy at all—but if something does happen, at least you know your family will be taken care of.

What Is Whole Life Insurance?

The premiums on whole life insurance (sometimes called cash value insurance) are generally more expensive than term life for a couple of reasons.

Whole life coverage lasts throughout your entire lifetime. You might think it’s a good thing to have life insurance coverage for your entire life. But here’s the truth: If you practice the principles we teach, you won’t need life insurance forever. Ultimately, you’ll be self-insured. Why? Because you’ll have zero debt, a full emergency fund and a hefty amount of money in your investments.

Whole life insurance costs more because it’s designed to build cash value. But keep in mind that a life insurance policy shouldn’t be an investment or money-making scheme—it’s simply meant to provide security, protection and peace of mind for your family should the unthinkable happen.

It’s like Dave says in his book The Complete Guide to Money, “Life insurance has one job: It replaces your income when you die.”

There are far more productive and profitable ways to invest your money than using your life insurance plan. What sounds like more fun to you—investing in stock with a cutting-edge company or “investing” money in a plan that’s all based on whether or not you kick the bucket? We think the answer is pretty easy.

Cost Comparison of Life Insurance

Let’s say a 30-year-old man has $100 per month to spend on life insurance. He shops around and finds he can purchase an average of $125,000 in insurance for his family. From the whole life insurance agent, he’ll probably hear a pitch for a $100 per month policy that will build up savings for retirement, which is what a cash value policy is supposed to do. However, if he purchases 20-year term life insurance with coverage of $125,000, it will cost him only about $7 per month instead of $100.

So, if he goes with the cash value option, the other $93 per month should be added to his whole life insurance payout amount, right? Well, not really. You see, there are expenses . . .

All of the $93 per month disappears into commissions and expenses for the first three years. After that, the cash value portion of his policy will average a 1.5% return per year for a whole life guaranteed cash value policy according to Consumer Reports.(1)

Worse yet, the savings he does manage to build up after being ripped off for years won’t even go to his family when he passes away! The only benefit his family will receive is the face value of the policy, which was $125,000 in our example.

But what if he invested that $93 each month for 20 years? With a 10% rate of return, that would turn into about $70,000. Even better, if he invested for 30 years it would turn into over $200,000! Talk about a lot of bang for your buck!

Term Life Insurance

How Much Term Life Insurance Do I Need?

We recommend you purchase a term life insurance policy for 10–12 times your annual income. That way, your income will be replaced if something happens to you.

And don’t forget to get term life insurance for both spouses, even if one of you stays at home with the kids. Think about what you would pay in childcare and home upkeep costs if the stay-at-home parent was gone! No matter what, you both need term life insurance.

Want to make sure your family is covered no matter what happens? Check on your coverage before it becomes an emergency. Take our 5-minute coverage checkup to make sure you have what you need.

How Long Do I Need Term Life Insurance?

Dave recommends you buy a policy with a term that will see you through until your kids are heading off to college and living on their own. That might be anywhere from 20 years if you already have children to 30 years if you don’t have children or aren’t finished adding to your family yet.

A lot of life can happen in 20 years.

Let’s say you get term life insurance when you’re 30 years old. You and your spouse have an adorable little two-year-old toddler running around. You’re laser-focused on paying off all your debt (including the house) and look forward to investing and retirement planning in the future.

Fast-forward 20 years—you’re both in your 50s and that little pint-sized toddler who would only eat chicken nuggets is now a 22-year-old college grad. The years went by fast, didn’t they?

But look where you are! You’re debt-free (the house and everything), and with your 401(k), savings and mutual funds, you’re sitting at a cool net worth of $500,000 – $1,500,000! The years were good to you, and it’s all because you had a plan.

Since you were able to build up your net worth, you have peace of mind. At this point, (even without life insurance) if something were to happen to you or your spouse, the surviving spouse would be able to live off your savings and investments. Congratulations, you’ve become self-insured! When you become more financially secure, you have less and less of a need for life insurance.

Don’t Wait Until You Need Life Insurance to Get It

The truth is, we can’t see the future and aren’t promised tomorrow. Life is precious! And the ideal time to buy life insurance is when you’re young and have a clean bill of health. Especially since life insurance companies are all about weighing the risks of the person purchasing the policy.

If a leader doesn’t convey passion and intensity then there will be no passion and intensity within the organization and they’ll start to fall down and get depressed. Get Your Free Position Now http://lock-in-your-position.com/lp7/?sponsor=homeprofitcoach

5 Term Life Insurance Mistakes

5 Term Life Insurance Mistakes to Avoid


Whether you’ve followed Dave Ramsey for a day or a decade, you know he hates cash value life insurance and never recommends it. Dave will always say to get term life insurance over everything else out there on the life insurance market!

But even when you’re shopping for the right kind of life insurance, there are still some things you should make sure you don’t do. Here are the top five mistakes people make when buying term life insurance:

1. Not Buying Enough Coverage to Replace Your Income

You should always buy 10–12 times your income in life insurance coverage. That small policy you can get through your workplace (which might be one year’s worth of coverage) just isn’t going to cut it.

If you’re the main source of income for your household, then your family is relying on you to provide for the important stuff: food, shelter and everything in between. If something happens to you, the last thing you want is for them not to have enough to live on.

By making sure you have the right life insurance policy, your loved ones won’t be forced to make huge changes (like sell the house to make ends meet) and can keep going until they figure out next steps.


Protect your family with term life insurance. Get a quote now!

Dave recommends putting the life insurance payout into an investment fund so your family could earn a rate of return that replaces your lost income, giving them much-needed financial security.

And don’t forget to get coverage for both spouses. Even stay-at-home parents need term life insurance. Calculate how much coverage they need by estimating what their hard work costs per year (childcare, education, household duties, etc.). Take that total and multiply it by 10 to 12.

2. Waiting Too Long to Get Coverage

If you wait too long to buy life insurance, you leave your family vulnerable if something unexpected happens to you. Term life insurance premiums generally increase as you get older, so buying sooner rather than later can save you money. The older you get, the more at risk you are for health issues. That will increase the cost of your life insurance or even make you ineligible to purchase a policy.

You need to get term life insurance, no matter what Baby Step you are on. Once you’ve paid off your debt and increased your savings, you’ll be on your way to being self-insured in no time.

3. Buying Too Short of a Term

We’re all about saving money. And you might be trying to save a few dollars by choosing shorter term coverage. But what happens if you buy a 10-year policy and have medical issues down the road that raise the cost of your next plan—or worse, make it so you can’t get coverage at all? That will cost you even more in the long run.

Dave’s general rule of thumb is to buy based on when your kids will be heading off to college and living on their own. If you’re in your 20s and plan on having children over the next several years, then a 30-year plan might make sense for you. If you have a few kids in the house and don’t expect any more, then a 15- or 20-year plan would be a better option.

4. Buying Too Many Riders

Some people fall for policy riders sales pitches that increase their premium and pay extra commission to their agents. But these riders offer you very little value.

Common riders might include income replacement, waiver of premium, critical illness and accidental death. Agents will pitch you these extras because they have an emotional value attached to them, but they have little actual benefit.

If there’s one exception to this rider rule, it’s when it comes to your children. If your emergency fund isn’t quite there yet, you should consider getting a rider to insure your children (and it’s what Dave did for years).

This type of rider is one you can add to your term life policy. You can cover all of your kids so you can have peace of mind while you’re building up your savings.

5. Forgetting to Review Your Life Insurance Policy

It’s always a smart idea to go over your term life insurance policy to make sure you have exactly what you need for your current situation. Your coverage might have been fine 10 years ago, but that doesn’t mean it works for you now. (And the same goes for the rest of your insurance coverage.)

Make sure you have enough term life insurance to take care of your changing needs. Maybe you had a child, bought a new home, got a raise at work, quit smoking, or had some other health improvements. These life-changing events can either help you save money or require additional coverage.

Life insurance is a major part of a healthy financial plan, and the right type of life insurance makes all the difference. That’s why you shouldn’t put off buying term life—or you could find yourself in a financial hole one day.

If a leader doesn’t convey passion and intensity then there will be no passion and intensity within the organization and they’ll start to fall down and get depressed. Get Your Free Position Now http://lock-in-your-position.com/lp7/?sponsor=homeprofitcoach

Health Savings Account 101: Everything You Need to Know About HSAs


Health Savings Account 101: Everything You Need to Know About HSAs


With health insurance premiums and costs rising each year, it’s no surprise that folks are always looking for ways to save money on medical expenses.

That’s where the health savings account (HSA) comes in.

HSAs are pretty popular nowadays. Approximately 22 million people use them to save and pay for medical expenses.(1) But you may be asking, What is a health savings account? How does it work? And is it the best option for my family?

Let’s take a closer look at some of the most common questions people ask about health savings accounts—and learn how an HSA can help you save money on medical expenses!

What is an HSA?

HSAs are tax-advantaged savings accounts that can help you pay for medical expenses tax-free now and in the future. It’s like an extra emergency fund just for medical costs!

HSAs are tax-advantaged savings accounts that can help you pay for medical expenses tax-free now and in the future. It’s like an extra emergency fund just for medical costs!

You have to be enrolled in a high-deductible health plan (HDHP) to get an HSA. A higher deductible basically means you’ll need to pay more out of pocket before your insurance kicks in. But, in exchange, you get lower monthly premiums and the option to put money into an HSA to save up for your medical costs.


Do you have the right health insurance coverage? You could be saving hundreds!

You have to be enrolled in a high-deductible health plan (HDHP) to get an HSA.

Am I eligible for an HSA?

As mentioned above, you must have a high-deductible health plan in order to open up an HSA or put money into one. No exceptions. You can find an HSA-qualified health plan through your employer (if they offer one) or an independent insurance agent.

For 2019, an HDHP must have a minimum annual deductible of $1,350 for single coverage and $2,700 for family coverage. The out-of-pocket maximum (which includes your deductible, copayments and coinsurance, but not your premiums) is $6,750 for singles and $13,500 for families. That’s the most you’ll pay for medical costs before your insurance covers 100% of the rest.(2)

If you’re enrolled in Medicare or someone claims you as a dependent on their tax return, sorry, you won’t be able to open or contribute to an HSA.

How does an HSA work?

In most cases, your HSA acts like a savings account at first and earns interest the same way a normal savings account does. Other HSAs let you invest the money in mutual funds right away—just like an IRA! Some providers require a minimum balance before you can start investing your HSA funds, so do your research ahead of time.

Investing your HSA funds and letting that money grow over the long haul can help you start building up enough savings to cover medical expenses during your retirement years. That’s huge!

Your HSA also comes with some great tax advantages:

1. You’re not taxed when you put money into your HSA.

Generally, there are two ways you can put money into an HSA. Your HSA contributions can come straight out of your paycheck through a pretax payroll deduction, or you could make deposits into your HSA on your own and claim them as tax deductions when you do your income taxes.

Either way, you won’t be paying taxes on the money you put into your HSA!

2. The money in your HSA also grows tax-free.

Once that money is in your account and starts earning interest, you won’t be taxed for growth like you might with other types of accounts that earn interest. Whenever you see the words tax-free and growth in the same sentence, your ears should perk up a little bit!

The ability to take advantage of tax-free growth makes the HSA a nice addition to your retirement portfolio. If you’re maxing out your 401(k) and IRA contributions and are looking for another place to invest, your HSA is a great place to start.

3. You’re not taxed when you take money out to pay for medical expenses.

As long as you use your HSA money to pay for qualified medical expenses, you won’t be hit with any taxes or penalties.

Another great thing about HSAs: Once you turn 65, your HSA acts like a traditional IRA. At that point, you can take out money for anything you’d like, but you’ll pay taxes on it when you do—just like a traditional IRA.

Another great thing about HSAs: Once you turn 65, your HSA acts like a traditional IRA. At that point, you can take out money for anything you’d like, but you’ll pay taxes on it when you do.

However, you can still pay for medical expenses in retirement from your HSA tax-free! That makes using an HSA the best option for covering health costs in your golden years.

When you combine tax-free contributions with tax-free growth and tax-free withdrawals for medical expenses, that’s like getting a government match on your health care savings!

What are qualified medical expenses?

Here are just some of the most common qualified medical expenses you can use your tax-free HSA dollars for:

  • Dental treatment
  • Doctor’s office visits and copays
  • Surgery (except cosmetic surgery)
  • Eye exams and eyeglasses
  • Flu shots
  • Physical therapy
  • Drug prescriptions and over-the-counter medicines(3)

It’s also important to know what doesn’t count as a qualified health expense, because you’ll pay income tax and additional penalties for using your HSA dollars for those things.

Sorry, but your gym membership and those essential oils you use for aromatherapy don’t count as qualified medical expenses! If you have a question about whether or not something is a qualified health expense, get in touch with your HSA provider to clear up any confusion.

How much should I put into my HSA?

Trying to decide how much to contribute to your HSA? Well, if your company offers a match on your HSA contributions, getting that match is a great place to start!

But don’t start putting money into your HSA until you have a fully funded emergency fund, or unless you have a known medical event coming up. If you’ve got a baby on the way or a big surgery planned and you want to pile enough cash into your HSA to cover that event in a given year, go for it. Otherwise, make sure your regular emergency fund is taken care of first.

Is there a limit to how much I can contribute?

I know you’re probably thinking, All this sounds great, but there’s gotta be a catch! Well, there is one thing: Just like with a Roth IRA or 401(k), there are limits to how much money you can put into your HSA each year.

Single Coverage Family Coverage
 HSA contribution limit

(Employee + Employer)

$3,500 $7,000
 HSA catch-up contributions

(Age 55 and older)

+$1,000 +$1,000

The chart above shows the maximum you can put in each year, including any money your employer contributes.(4)

What happens to my HSA if I leave my job or switch health plans?

The great thing about having an HSA is that it’s completely yours. So when you get a new job or change health plans, your HSA and all the money in it come with you. You can roll the account into your new employer’s HSA or leave it alone, but those funds are yours to use for qualified expenses either way.

The great thing about having an HSA is that it’s completely yours. So when you get a new job or change health plans, your HSA and all the money in it come with you.

Remember, you have to be enrolled in an HSA-qualified health plan to put money into an HSA. Keep that in mind when you’re changing jobs or health plans. When you switch from an HDHP to a traditional health plan that isn’t qualified for an HSA, you can no longer put money into your existing HSA. You can still use the funds that are in your HSA for qualified medical expenses, though!

What if I don’t use all my HSA funds by the end of the year?

No medical emergencies? No problem! Your HSA balance rolls over year to year, so you still have access to all the money in the account. If you really want to, you could max out your HSA contributions every year and stockpile as much money as you can. It’s up to you!

Does an HSA-qualified health plan work for me?

To figure out if an HSA-qualified health plan works best for your situation, you need to do a good old-fashioned break-even analysis. Time to dust off those calculators and crunch some numbers!

Let’s say your family would save $200 per month on premiums by switching from a traditional health plan to an HDHP. That means you’d save $2,400 each year up front. But, at the same time, you’re taking on $3,000 more risk in the form of a higher deductible. You might not max out your deductible in a given year—or you might. You’ll need to make the decision based on your health situation.

How would an HSA work in a medical emergency?

Having a well-funded HSA in place can at least take some of the sting out of having to max out your deductible.

Let’s say Jack gets a new job, enrolls in a high-deductible health plan, and starts saving $100 every month in his new HSA. Plus, his new employer matches up to $500 of his HSA contributions each year. Boom! That means $1,700 is going into his HSA every year.

Jack’s a pretty healthy guy, so he’s using his HSA to pay around $600 each year for regular health expenses like dentist appointments, eye exams and the occasional trip to the doctor’s office.

After five years, he has $5,500 saved up in his HSA. But then he hurts his knee in a company softball game. After a trip to the emergency room, a surgery and a few days in the hospital, he gets hit with a $40,000 medical bill.

Jack freaks out for a few minutes before he remembers his health plan has a $2,500 deductible with 20% coinsurance and an out-of-pocket maximum of $5,000.

  1. First, he’ll need to pay $2,500 to meet the deductible.
  2. His 20% coinsurance means he’s responsible for 20% of what’s left of the $37,500 medical bill. But since Jack’s out-of-pocket maximum is $5,000, he’s only on the hook for that amount ($5,000). His insurance company is going to cover the rest.

Jack will be able to pay for all those expenses with his HSA savings and still have $500 left in his HSA account. That HSA he’s been putting money into for years comes in handy when Jack needs it the most, helping him cover his deductible and out-of-pocket costs without having to dip into his regular emergency fund or other cash accounts.

That’s exactly what a well-funded HSA is designed to do!

Work With a Health Insurance Pro

Ready to find an HSA-qualified health plan that can help you start saving on health care costs? An independent insurance agent can find the best plan for your budget and your family’s needs.

They can also tell you if an HSA-qualified health plan is right for you and help you review and compare your health plan options.

If a leader doesn’t convey passion and intensity then there will be no passion and intensity within the organization and they’ll start to fall down and get depressed. Get Your Free Position Now http://lock-in-your-position.com/lp7/?sponsor=homeprofitcoach

What Is an Insurance Deductible?

What Is an Insurance Deductible?

What Is an Insurance Deductible?


When you’re buying insurance, there’s a lot of jargon to wrap your head around. But one basic insurance term worth knowing about is deductible.

So . . . what is a deductible, and why is it important to know how to use one? And how do deductibles work across your home, auto and health insurance plans?

We’ll walk you through all you need to know about insurance deductibles and how to make the most of them!

What Is a Deductible?

If you’re considering an insurance policy, a deductible is the amount you’re responsible for in a claim when and if you make one. The insurance company will deduct that figure from the total amount of the insurance claim being paid out.

The higher your deductible, the less you’ll pay in premiums for the insurance itself. (Premiums are what you pay every month or year to have the insurance coverage in the first place.)

The higher your deductible, the less you’ll pay in premiums for the insurance itself.

That’s because you’re taking on more of the financial responsibility if you need to make a claim. And the insurance company is not paying out as much, which means they can afford to charge you less in monthly premiums.


Do you have the right health insurance coverage? You could be saving hundreds!

When you’re buying insurance, whether it’s for your car or your home, you’ll see your deductible amount in the declaration summary of your policy document.

How Does a Deductible Work?

A deductible basically works like this: Let’s say you have a $500 deductible on your car insurance. You get into a minor scrape and need to make a claim with your insurance company.

The company approves your claim, which is for $2,000 worth of repairs. It’s your responsibility to pay $500 toward repairs because that’s your policy’s deductible. The insurance company will cover the rest—in this case, $1,500. Sounds simple, right?

What Are the Types of Deductibles?

There are two types of deductibles when you buy an insurance policy: a set amount and a percentage amount.

Dollar Amount

This deductible is a set amount of money, like the example we talked about above. You’ll know these set deductibles and exactly what dollar amount you’ll be responsible for in a claim situation when you buy the insurance. Most policies set minimum deductibles (more on these later). But it’s also possible to raise your deductible afterward in order to have lower premiums.

Percentage Amount

Percentage deductibles normally apply to a building’s insurance to cover structural damage after unpredictable events like an earthquake, wind damage or hail damage. The percentage deductible is based on the value of the total insured amount.

Percentage deductibles can range from 1% to 5%.1

Property insured for Percentage deductible for this policy In a claim for $20,000,
insurance will pay out
$200,000 2% of insured amount = ($4,000) $16,000

How Does a Deductible Work With Health Insurance?

Health insurance is a little different from other insurance types when it comes to deductibles. Along with a set dollar deductible, there are other out-of-pocket costs like copays and coinsurance you may have to cover in addition to the deductible.

Let’s take a look at these now!

Health Insurance Deductibles

Let’s face it: Health insurance is expensive to buy, and bills can skyrocket for unexpected medical treatment. On average you’re paying a few hundred dollars every month on an individual health insurance premium!2

First, the actual deductible part works the same way—in your health insurance policy, the deductible is the amount you’re responsible for paying before the insurance provider begins to share some of the cost with you.

In your health insurance policy, the deductible is the amount you’re responsible for paying before the insurance provider begins to share some of the cost with you.

So let’s say your health insurance plan has an annual $1,000 deductible. If you needed some medical treatment and the bills started coming in, you would have to pay for the first $1,000 in medical costs.

But after that the cost would be less to you because your health insurance coverage kicks in to help cover some of the remaining cost.

And it’s good to remember that most health insurance plans cover routine check ups and preventative tests as standard. Deductibles mainly apply when you need further treatment or hospital care. It’s always important to check your plan for more detail on your deductible.

Health Insurance Coinsurance

Once you’ve reached your deductible with your health insurance, coinsurance steps in. Coinsurance means you are still paying a share of the health care you’re receiving after you’ve paid your deductible.

The amount you pay in coinsurance is a percentage of the bill sent to your health insurance provider. How much this percentage is all depends on the plan you’ve chosen.

Let’s pretend your deductible is $2,000. Once you’ve met your deductible, any medical bills you receive will have a coinsurance percentage you’ll have to pay. So if your coinsurance responsibility is 30%, that means your health insurance provider will pay 70% of each future bill.3

Health Insurance Copays

A copay is separate from a deductible. You pay paid it each time you visit your doctor or receive a health care service. It’s a fixed amount, set by your particular health insurance plan. The copay can change depending on the health care service you’re using (for example, a copay for a physical therapy session might be higher than a copay to your doctor for a check-up.)

What Is a Minimum Deductible?

A minimum deductible is the minimum amount you’re expected to pay in deductibles for a particular insurance policy. This minimum deductible is set by the insurance company based on the rules of the state they’re doing business in.

As you’re shopping for insurance, the insurer will state their minimum deductible. You won’t be able to go below that amount but may be able to adjust the deductible higher if you want a lower premium. Insurers vary, but as a rough guide, renters and home insurance minimum deductibles are around $500. Auto insurance minimums are around $200.

The reason insurance companies set a minimum deductible is so they don’t have to take on the financial cost of the whole claim. You’d have to shop around for a long time to find an insurance policy with a zero dollar deductible.

How Can Deductibles Save You Money?

Now for the good news! Overall, a great way to save money on your insurance premiums is by raising your deductible amount. This means you’re taking on more of the cost of a potential insurance claim, but it also means you’re paying less in those monthly or annual premiums.

A great way to save money on your insurance premiums is by raising your deductible amount.

Of course you’d have to make sure you can cover the deductible cost in your emergency fund. But if you have a few years without making any home or auto insurance claims, why not spend less on the actual cost of insurance if you can?

By raising your deductibles and saving on premiums, you can put more money into your savings and investment accounts. Use these savings when you do have to make a claim.

Find the Right Insurance for Your Needs

If you’re searching for home, auto, health or any other type of insurance, then you need an independent insurance agent to help you.

If a leader doesn’t convey passion and intensity then there will be no passion and intensity within the organization and they’ll start to fall down and get depressed. Get Your Free Position Now http://lock-in-your-position.com/lp7/?sponsor=homeprofitcoach

What Is an Insurance Premium?

What Is an Insurance Premium?

What Is an Insurance Premium?


Ever go to a party and, while you’re making small talk, someone randomly says, “Hey, you guys you know what’s really cool? Insurance premiums.”

Okay, that’s probably never happened because that would be weird. You’d all stare blankly at each other, like, Why is this dude talking about insurance premiums at a party? If it ever did happen, you’d smartly excuse yourself and go find a new group of friends talking about religion or politics. At least that would be exciting.

But, still, a seed would be planted, and then you would absolutely need to know what an insurance premium is.

What is an insurance premium?

In a nutshell, an insurance premium is the payment or installment you agree to pay a company in order to have insurance. You enter into a contract with an insurance company that guarantees payment in case of damage or loss and, for this, you agree to pay them a certain, smaller amount of money. Depending on the type of insurance, you might make a or a series of regular or monthly payments.

So, how do insurance companies come up with the price of the premium?

Well, first, people called actuaries work for insurance companies to determine the particular risks associated with a policy. They look at things like how likely a disaster or accident is, and the likelihood of a claim being filed, and how much the company will be on the hook for paying out if a claim is filed. They put this information into a chart called an actuary table (if you must know) and give this to a person called an underwriter.


Connect with an insurance pro in your area today and save more.

Now, the underwriter uses this data along with information provided by the person or company asking for insurance when they issue a policy to determine what the exact premium will be for the amount of coverage they want. While all insurance works in the same basic way, in order to keep this discussion from becoming too abstract, let’s look at how insurance companies determine premium amounts for a few different types of insurance.

Car Insurance Premiums

Some of the things that affect your auto insurance premium are the type of car you drive, how old it is, what safety features it has, how much it’s worth, where you live, and how far you commute. The insurance company may also look at whether or not you park your car in a garage.

Underwriters also consider your driving record to see how big of a risk you are to insure. If you have a lot of speeding tickets or you’ve been in a bunch of accidents, your premiums will be more expensive than those for a person who doesn’t. They’re considered lower risk.

Homeowner’s Insurance Premiums

Homeowner’s insurance premiums are determined by the location and age of the house. Insurance companies will also look at the age of the roof, how much the house is worth, and what the climate is like.

Renter’s Insurance Premiums

The premium for renter’s insurance is driven mainly by your location and whether or not you have a history of filing claims. The more coverage you get, the more you can expect to pay—which is true for any insurance coverage.

Life Insurance Premiums

For life insurance, the insurance company looks at your health and medical history, your family’s medical history and whether or not you drink alcohol or smoke (and how much). You can also expect to go through a medical exam and lab tests. The amount of coverage also factors into how much your premium will be.

Health Insurance Premiums

Many people get their health insurance through their job, so the size of the premium is determined by which coverage you choose. If you’re buying your own health coverage through a health insurance exchange, other factors can affect your premium—like which kinds of insurance are available, how many companies are competing on the exchange, and how many people are also buying insurance on the exchange.

Other Types of Insurance

For the most part, if you can put a dollar amount on something, you can get it insured. There are a few basic types of insurance that everyone needs. Beyond that, celebrities and athletes often insure body parts they’re famous for—like Mariah Carey’s voice or an ace pitcher’s arm. This is common with professional sports when a player’s contract is fully guaranteed. If the player gets hurt and can’t play, the team still has to pay him. The team needs insurance in the case the player is unable to complete his contract, and those premiums are usually pretty expensive.

If you run a business with employees, you need to get worker’s compensation insurance. If you own an alpaca ranch, you need livestock insurance. You get the idea.

How the deductible affects an insurance premium

Except for life insurance, almost all insurance policies come with a deductible. That’s the portion of the damages (or services if we’re talking about health insurance) you have to pay out of your own pocket before your coverage kicks in. The higher your deductible is, the lower your premium is—and vice versa. So, having a higher deductible is a great way to lower your insurance premiums.

How high should your deductible be to keep your premium low? For health insurance, having a high deductible health plan (HDHP) combined with a health savings account is the best way to save on your premium. For car insurance or homeowner’s insurance, having a $1,000 deductible is a good place to start. That’s because the first step in getting control of your money is saving up a $1,000 emergency fund.

But, beyond that, you’ll probably need to do a break-even analysis to see what really makes sense for you. Let’s say your car insurance premium is $1,200 per year with a $250 deductible and bumping it up to a $1,000 deductible drops your premium to $700. That means that for taking on a bigger risk of $750, you’d save $500.

If you don’t have a lot of claims, you’d make back that $750 in two years. But let’s say your premium only goes down to $1,100. It would then take you more than seven years without a claim to break even, so you’d be better off keeping your lower deductible.

Another thing to consider is how often you have to file a claim. Unfortunately, there are a lot of poor drivers out there and, if you’re unlucky enough to run into them (pardon the pun), you’ll want to keep that lower deductible.

Do you need an insurance check-up?

Whether you’re shopping for a health insurance policy or homeowner’s insurance or you have a teenager who’s about to get their driver’s license and you need to add them to your car insurance policy, our Endorsed Local Providers (ELPs) can help you get the best deal on your coverage and your premiums.

They’re independent agents, so they can shop a bunch of different companies to find you the best coverage at the lowest price. They have the heart of a teacher and will make sure you understand exactly how much coverage you need and how much it should cost. If you’re paying too much in insurance premiums—no matter what type of insurance you have—they can get you sorted out and have you saving money in no time.

If a leader doesn’t convey passion and intensity then there will be no passion and intensity within the organization and they’ll start to fall down and get depressed. Get Your Free Position Now http://lock-in-your-position.com/lp7/?sponsor=homeprofitcoach

Insurance Gimmicks You Can Do Without

nsurance Gimmicks You Can Do Without

Teddy bear buckled in with a seat belt


You know insurance is part of a solid financial plan, so you’ve made sure all your bases are covered with the right kind of coverage. Then you see a commercial or hear about a new type of insurance that sounds pretty good—like an extra layer of protection. How bad can that be, right?

That “extra protection” can just be a gimmick—expensive coverage you shouldn’t waste your money on. Here are a few to watch out for:

Any Life Insurance For Kids

There is no need to buy a life insurance policy for your children, even one like Gerber life insurance, which is a whole life policy that claims to help you save for college. The best way to save for college is with an Education Savings Account (ESA). If you want the security of knowing final expenses are covered should you tragically lose a child, add a rider to your life insurance policy that would simply pay for funeral costs.

Accidental Death Insurance

As the name implies, an accidental death policy pays your beneficiaries if you die in an accident. But no matter how you die, your family’s financial needs won’t change. A term life insurance policy will meet those needs. You’re not double-dead if you die in an accident, so there’s no reason to pay extra for double coverage.


Connect with an insurance pro in your area today and save more.

Mortgage Protection Insurance

We all want our families to be secure in their own homes if we die unexpectedly. So many people buy mortgage protection insurance to pay off their mortgage in the event of their death. Again, the proper amount of term life insurance will be enough to pay off the mortgage and support your family. Plus, mortgage insurance is more expensive than term life, and the benefit actually decreases as you pay down the mortgage balance. The same goes for any credit life insurance designed to pay off a specific debt if you die—you simply don’t need it.

Supplemental Insurance For Medical Issues

Insurance is all about transferring risk. If you can afford to take the risk, you don’t need to pay for insurance to protect you. With good medical insurance and a fully funded emergency fund, you won’t need supplemental insurance to help you pay for short-term medical issues. However, you should protect yourself from long-term medical problems with long-term disability insurance.

Cancer Insurance

Cancer is a scary word, and nearly everyone has either seen or experienced its emotional and financial tolls. But your medical insurance covers cancer just like any other disease, so buying cancer insurance is simply adding coverage you don’t need.

Whole Life Insurance

What could be better than providing for your family in the event of your death while saving money at the same time? Well, almost anything else would be better, but a term life policy for 8–10 times your income is the best choice. Whole life insurance includes a built-in savings plan, but the fees are high and the returns are historically subpar. Dave considers it to be the worst insurance product available.

Talk To A Pro About Your Insurance Needs

If you have any questions about the coverage you have or the coverage you need, talk with one of Dave’s insurance Endorsed Local Providers. Dave’s ELPs are insurance professionals who will recommend the same coverage Dave does. Your ELP is also an independent insurance agent, which means he’ll work for you, not the insurance company, to find coverage to meet your needs and budget. Contact your ELP today!

If a leader doesn’t convey passion and intensity then there will be no passion and intensity within the organization and they’ll start to fall down and get depressed. Get Your Free Position Now http://lock-in-your-position.com/lp7/?sponsor=homeprofitcoach

Dave’s #1 Money-Saving Tip

Dave’s #1 Money-Saving Tip

Dave Ramsey doing his radio show with the quote


Everyone loves saving money. But saving money in unexpected ways? Even better!

You probably already know plenty of ways to cut back your expenses—everything from packing brown bag lunches to buying beater cars. But here’s one you might not have thought of yet. And it could save you a lot of money.

So what’s the secret sauce? Shopping for insurance with the help of an independent insurance agent! (Didn’t see that one coming, did you?)

The Difference Is in the Name

Why is an independent insurance agent such a great money saver, you ask? It’s all in the word independent. They’re not limited to a single insurance provider’s options. With access to a whole network of insurers, an independent agent casts a wider net to find you the best deals on the coverage that’s right for you. It’s like having your own personal shopper . . . but for insurance.

And you can feel confident knowing your independent agent doesn’t have a stake in the game when it comes to which provider or policy you choose. They don’t get paid extra for helping you choose a specific one—so at the end of the day, the choice is yours!

Old Policies Aren’t Necessarily Better

The only constant in life is change, right? We all know that. But a lot of people treat their insurance policy like a bottle of wine that just gets better with age. Spoiler alert: Insurance doesn’t work like that.


Connect with an insurance pro in your area today and save more.

Never taking a second look at your insurance policy is a mistake that could cost you. In fact, a recent survey found that one out of every three Americans with homeowner’s or car insurance have never shopped around for better coverage.1 Ever. That means they could be missing out on new discounts that apply to where they’re currently at in life.

Did Junior get good grades this semester? Did you get married recently? Drive a different car these days? All of that might impact your insurance rates.

After 15 years with the same auto insurance company, Zach D. decided to give an independent agent a try. Now his family is saving $1,200 a year on the exact same coverage.

It’s About More Than Your Bottom Line

You also shouldn’t have to sacrifice your coverage quality to save a buck. Saving money is awesome. But cutting costs shouldn’t mean cutting corners. A true pro takes time to walk you through your coverage options so you can make the decision that’s right for you.

Sadly, this basic level of service isn’t always part of the package. Many people don’t fully understand the details of their insurance policies at all. And if you’re confused about what’s covered and what’s not, that could really cost you. Things like floods, earthquakes and normal wear and tear are not usually covered under a basic homeowner’s policy.2

So be sure you know what you’re paying for. No one wants to be surprised in the middle of a crisis when they’re trying to file a claim. Take our 5-Minute Coverage Checkup to make sure you have the right kind of coverage you need.

Brandi’s insurance premiums went up 10%. With help from her independent insurance agent, she cut her rate by 20% and got increased coverage with lower deductibles.

Start Saving Today

What would you do with an extra $700 or more to your name? That’s how much people save on average by having an insurance Endorsed Local Provider (ELP) check out their rates. With that kind of extra money, you could knock out your debt snowball, boost your retirement fund, or get hustling on paying off your mortgage. The possibilities are endless! So what are you waiting for?

If you don’t have an independent insurance agent already lined up, we have some awesome recommendations. Dave’s insurance ELPs are experts who have a solid track record of providing excellent service—and we’ve already vetted them for you! Find your ELP today.

If a leader doesn’t convey passion and intensity then there will be no passion and intensity within the organization and they’ll start to fall down and get depressed. Get Your Free Position Now http://lock-in-your-position.com/lp7/?sponsor=homeprofitcoach

Make Sure to Look Up

Make Sure to Look Up


Have you ever lost something you loved?

I like hats. Since I am bald, they keep me from having a burnt head all summer. Hats are an important part of our culture and are a really important part of some subcultures. At some churches I visit, the ladies have spent an amazing amount time and money to seriously keep the people behind them from seeing the preacher. I like these ladies. They have style. There is The Red Hat Society for women over 50 who like to have fun, and boy do they—sassy bunch. And of course, there are the hats needed by a profession. You can’t be much of a cowboy without a cowboy hat.

Hats make a statement. In Texas, if you spend more than you make, they say, “Big Hat, No Cattle,” meaning that person is all show. If you tilt your cowboy hat back, you are friendly—most of the time. If that same hat is pushed down low over your eyes, you might be looking for trouble. If you turn your ball cap sideways, it can mean you are cool or it can just make you look dumb. If you turn it backwards, you are definitely cool, or you are a baseball catcher, or both.


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And we wear metaphorical hats. I wear the CEO of our company hat. I wear an author and media figure hat. I wear Papa Dave feeding my 5-month-old grandson Samuel David his bottle hat.

Hats in my world make a statement. I come from a line of the best kind of hillbillies or rednecks. The kind that loves puppies and babies and will fight you over honor. Hats are a big deal in my subculture. Hats in my world are virtually my only fashion accessory. Every morning I put on a ball cap that has something I love on it to go to work. It might have a T for Tennessee football on it during the fall. The next day my hat might have Predators on it to support our Nashville hockey team. One hat has MasterCraft on it for my ski boat, and another has Wilson Combat on it for my favorite hand gun. You can be arrested in California for that hat. Since we are building a new corporate headquarters, I have a hard hat with my name on it. Every boy in my old neighborhood wanted one of those. And every time I put it on, I feel like the guys from the old neighborhood see me.

When my family visited Belfast, Ireland, a few years ago, we got to spend some time in the Titanic Museum. The Titanic was built in Belfast and the museum is fascinating. Of course, to memorialize the occasion, I bought a Titanic 1912 hat. Since I have a sick sense of humor, I decided that is the hat I wear every summer at our lake house when driving the ski boat. Get it? Captain is wearing a Titanic hat? Most people never notice, but occasionally someone will point and laugh and we share a moment.

Make Sure to Look Up So last weekend, a bunch of our family jumped in the wakeboard boat with the big motor and big tower with all the speakers and lights to take a ride to the marina for fish tacos. Grandbabies, Ramsey kids, their spouses, and of course Mimi (my wife Sharon’s grandma name). As we get up to about 30 mph, Mimi gives Papa Dave instructions to close the front window to get the wind off of her. We have a rule at our house: When Mimi wants something, Mimi gets it. That is another story for another day. So as instructed, I stood—as well as my son Daniel—to close the offending window. Yea, you see this coming, don’t you? You got it.

The 30 mph wind took Daniel’s hat and my precious Titanic hat imported from Ireland and threw them out the back of the boat and into the lake. Well, over the years lots of stuff has left the boat and landed in the lake. Hats generally float for a minute or two—enough time to turn around and find them. So, we first see Daniel’s hat floating, of course, and retrieve it. Then we circle and circle and the fate of the Titanic hat appears to have followed its namesake to the bottom of the lake. This is looking bad. My favorite hat all the way from Ireland is gone. No luck. At this point, no one in the boat is happy, least of all the captain. Oh well, sad, but first-world problems. Darn. I liked that hat.

So, we are idling off and Mimi is apologizing for her request to close the window—well, it was her fault. Then, my granddaughter Amelia, who at three years old has the vocabulary of a college student and is really verbal like her mother Rachel Cruze, recognizes the mood in the boat has changed and says, “Daddy has a hat. Uncle Daniel has a hat. Papa Dave doesn’t have a hat and he is sad, but there is a hat.” What? We all turn and look UP at the wake board tower and apparently the Titanic hat had flown up there and was stuck on one of the lights. Yea!

We had all been looking everywhere but UP to solve our problem. The answer couldn’t possibly be UP. We all cheer and celebrate the lost sheep being returned to my head. Mimi immediately says, “That will preach.” If you aren’t southern, you might not understand that she meant there is a lesson here, folks. Be as a little child and look UP when you are searching for answers. And select your hat carefully.

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