Friday, December 28, 2012

How much do you know about Life Insurance?

Financial guru Dave Ramsey and other professionals tell people to avoid being 'insurance poor' (spending so much on insurance that you can't afford your necessary expenses [i.e. food, utilities, etc]).

In turn they answer the question, 'How much insurance can I afford,' with another question, 'How much can you afford?' If your head is starting to spin, please know that we will save the life insurance calculators for another post.

The following image comes from H & R Block. It provides an idea on how others view life insurance.

To view the orignial posting of this infographic, click below:

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