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Helping Kids Develop a Financial Mindset

  • Posted on June 14, 2019September 2, 2023
  • by BrightDime

Helping children grow into financially capable adults is an important part of setting them up for future success. The Consumer Financial Protection Bureau’s research into what leads to financial capability…

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How to Save Money on All Your Insurance Premiums

  • Posted on May 28, 2019September 28, 2022
  • by BrightDime

Insurance is an important tool to help you manage risk and protect the things of value in your life. However, the premiums for all the different types of insurance can…

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Are You Smarter Than a High Schooler?

  • Posted on May 23, 2019July 26, 2022
  • by BrightDime

Every year in May and June a lot of teenagers head out into the “real world” for the first time. Whether you’ve got a teenager of your own, or just…

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  • Glossary

cash surrender value

  • Posted on May 21, 2019July 26, 2022
  • by BrightDime

Cash surrender value (CSV) or cash value is the amount of money the policy holder will receive from the insurance company upon cancellation of a permanent life insurance policy (whole…

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Life Insurance: What Kind and How Much Should I Have?
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Life Insurance: What Kind and How Much Should I Have?

  • Posted on May 21, 2019September 21, 2022
  • by BrightDime

Life insurance can be an important part of your overall financial plan. But it can be hard to know which type of life insurance is right for you, or even…

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  • Glossary

face value

  • Posted on May 16, 2019July 26, 2022
  • by BrightDime

The face value of a life insurance policy is the death benefit. It’s the stated dollar amount that the beneficiaries will receive upon the insureds death.

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  • Glossary

trust

  • Posted on May 16, 2019July 26, 2022
  • by BrightDime

A trust is legal account / arrangement where you engage a third party (the trustee) to oversee assets for the benefit of another party (beneficiary) to ensure the assets in…

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  • Glossary

estate

  • Posted on May 16, 2019July 26, 2022
  • by BrightDime

Your estate is everything you own, and owe, at the time of your death. Your estate must be “settled” which means your debts will be paid and then remaining assets…

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Do You Need Life Insurance? Consider These 5 Questions.

  • Posted on May 16, 2019September 15, 2022
  • by BrightDime

Life insurance is a financial tool that provides a death benefit to your named beneficiary in exchange for premium payments to the insurance company. While it’s not always easy to…

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  • Glossary

medicare

  • Posted on May 10, 2019July 26, 2022
  • by BrightDime

Medicare is the federal health insurance program for people age 65 and older, those with certain disabilities and people with permanent kidney failure. It’s broken down into four parts: Part…

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