Dave Says… Is Umbrella Coverage Worth It?

Dear Dave, Are umbrella insurance policies worth it, or do they just entice people to sue more frequently? Tammi Dear Tammi, I don’t think there’s any indication umbrella policies entice folks to bring lawsuits more frequently. If you hadn’t noticed, we live in a lawsuit-happy world. There are lots of greedy people out there who […]

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Dave Says…. Work First, Play Later

Dear Dave, I brought about $15,000 in student loan debt into our marriage. I’m 26, my wife is 27, and we’ve been married a little over a year. During that time, our parents have helped us out with financial gifts occasionally. Whenever this happens, my wife and I get into an argument. She likes to […]

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Dave Says… Make an Impact with Investing?

Dear Dave, A friend recently mentioned something called impact investing to me. What exactly is this? How do impact investment funds perform, and what do you think about them? Carson Dear Carson, Impact investing generally aims to benefit society, while providinga profit for the investor, by investing in companies, funds and organizations that are aligned […]

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Dave Says… Borrow Your Own Money?

Dear Dave, I have a question about self-banking with whole term life insurance. The way I understand it, you can accrue a cash balance, borrow against it, and then pay interest to yourself. Is this worth it, or should I stay away from it and continue using a bank? Kunal Dear Kunal, Actually, it’s a […]

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