The other day I received our car insurance premium bills in the mail (along with our homeowners insurance policy bill, car tag registration on both cars, plus a driver’s license renewal notification!). We put aside money each month in an ING savings account nicknamed “car insurance” so that when the time comes, I transfer the money to our main account and pay the bill. It works out really well for us, and I am glad that we are able to pay six months worth of car insurance at a time. By paying in full for six months, we receive a discount and avoid paying a monthly installment fee. photo credit: aresauburn™ Owning and operating a car is a huge expense. Every year, you’ve got depreciation, registration and tags, and car insurance to pay for. Seeing that Mr. Money and I keep getting older, our insurance premiums will hopefully stay the same or decrease a little as our cars age and we supposedly become more responsible. I’ll tell you though- when I opened my car insurance bill, I never expected that [...]

Let’s talk about health insurance options. Mainly, let’s talk about my health insurance options.  I’m a planner (obviously), and I’m kind of stuck as far as options go.  You see, when we finally have a baby, I want to be a stay at home mom.  It’s one of my hopes and dreams, and I really want it to come true.  There’s one little problem, though.  Mr. Money’s current employer only offers private health insurance and not only would it be really expensive, but I’m afraid I’d be denied coverage due to the cancer scare I had a few years ago (thankfully I didn’t have cancer, but I’m afraid they’ll see oncologist and freak out). photo credit: brdwatchr1 Uninsured and Pregnant? My plan is to work until I have the baby so all my maternity care is covered by my current insurance through the bank, and then before I go on maternity leave I will tell my employer that I will not be returning after the baby is born.  That sounds like a good plan to me. After the baby is [...]

photo credit: betsyweber With all the buzz about health care reform, it’s easy to get wrapped in a discussion about health insurance. Health insurance is a great thing to have, and I’m thankful my employer offers decent health insurance. Ultimately, my husband and I would like to have a baby and have me be a stay at home mom. Unfortunately, my husband’s work offers individual health care plans, and as it stands today, I’d be denied coverage, not to mention the exorbitant cost. One day while listening to the radio, an ad came on for Medi Share, which is “Christian care medical sharing”. I was intrigued, and wanted to check it out because it sounded too good to be true. How Medi Share works Medi Share is not health insurance. It is a group of people that come together to help each other pay their medical costs. From their website: Each month, Medi-Share matches up member’s monthly share amounts with other member’s eligible medical needs and facilitates the direct sharing of those costs between them. It’s a modern-day version of [...]