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The 7 Biggest Financial Mistakes to Avoid in Your 50s

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Falling victim to lifestyle creep Brown says people in the high-earning decades of the 50s can easily fall into the trap of lifestyle creep. With extra cash—and in many cases, children out of the home also creating an extra cash infusion—he sees larger houses and more expensive cars show up.

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Do I Need to Buy Life Insurance?

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Keep reading to learn about the different types of life insurance policies, how to determine if you need to buy it, and how much your policy should be worth. People purchase life insurance to help their families replace lost income and cover final expenses after death. Within permanent policies , there are a few options.

Policies 264
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12 Essential Tips Every Solo Traveler Needs to Know

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Many credit cards offer travel insurance coverage, or you can use a travel insurance comparison site to help you find the best policy. While available plans differ, make sure you have coverage for nonrefundable fees and deposits, medical expenses, lost, damaged or stolen baggage, and options to get you home in an emergency.

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