Death Benefit - Financial IQ by Susie Q

The amount of money a life insurer pays you if you die during the policy termThe time period over which you re-pay the loan.

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How to Buy Life Insurance May 12, 2020

Choosing the right type of life insurance policy and its death benefit can be confusing. Not too long ago, I published a guest post from Baruch Silverman of The Smart Investor on the different types of life insurance. In this post, you’ll learn how to buy life insurance. Specifically, I’ll help you evaluate which, if […]

Susie Q

Do I Need a Financial Planner? April 28, 2020

Creating your own financial plan can be a daunting task. If you aren’t sure where to get started or have a plan but want to improve it, a financial planner might be able to help. I’ve never used a financial planner, so I interviewed two friends who use a planner and Graeme Hughes[1], The Money […]

Susie Q

A Man is Not a (Sound Financial) Plan April 14, 2020

“A Man is Not a Plan!” It sounds like a very dated statement, but a guide on a recent trip I took told me about a conversation he had with one of his nieces about her finances. They were talking about how she could improve her financial situation by building a sound financial plan. As […]

Susie Q

At What Price Should I Buy a Stock? March 31, 2020

Deciding at what price to buy a stock or other security is almost as hard as deciding whether to buy the security at all. There are many different approaches for deciding at what price to buy a stock. One of the ones I’ve seen discussed most often is dollar-cost averaging. Other strategies include (1) buying […]

Susie Q

Your Bills: Pay Them or Defer Them? March 24, 2020

Many of you are facing difficult financial decisions as your hours are reduced, you have to take an unpaid leave of absence or you are laid off. At the same time, some creditors are offering to help you by waiving or deferring payments. In this post, I’ll provide my thoughts on how you might decide […]

Susie Q