Structured settlements are a common way for people who have been injured to receive an insurance payout. The periodic payments provide ongoing income and reduce the risk of blowing a lump sum through poor financial choices.
I love the Roth IRA. Tax-free income in retirement is a truly great deal.
The less money you owe, the less income you'll need and the less you'll have to save for tomorrow.
If there is anyone dependent on your income - parents, children, relatives - you need life insurance.
If a child, a spouse, a life partner, or a parent depends on you and your income, you need life insurance.
Remember: If the IRS suspects you haven't reported income, it can challenge returns from the past six years. So if you are self-employed or have multiple income sources, hold on to six years of files to be absolutely safe.