Insurance is essentially a tool to manage risks. It’s a balance to determine which kinds of insurance you need and which you don’t need. You need to think about how…
Author: BrightDime
What is BrightDime? We’re a financial wellness company that provides coaching, education, and tools to individuals so that they can take control and more easily manage their financial lives. What is…
An insurance policy is the written document or contract between you (the policy holder) and your insurance company that details what coverage or reimbursement they will provide, in what circumstances,…
Your insurance deductible is the amount you will have to pay when you have an insurance claim before your insurance kicks in and starts to cover your expenses. After you…
Insurance premium is the amount you pay your insurance company for the coverage they will provide for you for a defined period of time. It’s basically the cost of your…
How do you protect the things you value most in your life (family, health, home, car, etc) in case something unexpected happens? How would an accident, illness, or injury impact…
When you’re ready to invest for your long term goals you’ll need to choose where to do that. We don’t mean what to invest in , that’s a different step.…
Assets? Liabilities? Net Worth? Let’s dive into some of the basic personal finance topics you need to understand on your path to financial wellness.
Passive management, or passive investing, is a way of investing broadly in a general market or part of the market without making specific decisions about what to buy and sell…
Active management, or active investing, means making deliberate decision on what to invest in and when. It involves ongoing buying and selling based on changing opinions on what investments will…