For the majority of us, discussing life insurance can be an uneasy conversation to have, especially when we are discussing a policy to cover a child or grandchild. Here are three reasons why you should have this discussion anyway.
You may have heard about the recent data breach of a national medical records company, MIE (Medical Informatics Engineering), which took place on May 26, 2015. MIE houses electronic medical records for several medical companies and individuals, including RediMed. It is estimated that 1.5 million Indiana residents have been affected by this security breach.
If you received a letter from MIE indicating that your information may have been part of this breach, STAR urges you to take advantage of the free monitoring service being offered for 2 years.
Last week, in light of this breach, the Indiana Attorney General publicly urged all Indiana residents to freeze their credit. So, what is a credit freeze?
How to protect your money, your credit record — and your sanity — if you become a victim.
Consider this: Your wallet is stolen. You immediately call your bank and credit card company to report it, close old accounts and open new ones. You even remember to call the Social Security Administration to notify them that you had your Social Security card in your wallet. At the end of the day, you feel confident the incident is behind you.
Planning a wedding can be exciting… and stressful. You have a lot of details to oversee. Before you walk down the aisle, sit down with your fiancé and have an honest conversation about your finances. It may save you some headaches after the honeymoon is over.
In a blink of an eye, our lives could change. Often, change can be joyous and welcomed, as would be the case with the birth of a child or a job promotion. Life changes aren’t always a welcomed occurrence, however. An illness or injury could leave us unable to work or enjoy our normal lifestyle.
Per a 2014 study conducted by the Council for Disability Awareness, one in four 20-year-olds entering the workforce will suffer some income-interrupting disability during their working career. An income is a person’s most important financial resource. It pays the bills and makes financial security possible. It needs protection.
Cash flow management is a key component in business operations, and should involve more than just a focus on the lag between the time you have to pay your suppliers and employees and the time you collect from your customers. A good strategic plan involves: 1) good relationships with lenders; 2) maintaining good vendor relations; and 3) communicating payment term expectations with customers up front.
Teenagers and twenty-somethings may not realize it, but every time you enter a new phase of your life as young adults — such as starting college — you’re also venturing into a new world of money management. Here are ways to be prepared.