Each year when Father's Day rolls around, I'm reminded that I wouldn't trade the experience of raising my two kids for the world. But when I think back to how naïve my wife and I once were about the costs of raising children, I can't help wishing we'd been better prepared.
Each year, auto insurance companies declare millions of vehicles to be "totaled," meaning it's not worth the cost to repair them. It doesn't matter whether the car was damaged in a collision, during a flood or after a thief's joyride went bad.
Many people adopt a "penny wise, pound foolish" mentality when it comes to buying insurance. When trying to lower expenses, some will drop or reduce needed coverage. Here are insurance policies no household should be without.
With Father's Day upon us, dads everywhere are gearing up for an avalanche of gifts from their spouses and kids. If you really want to return their affection, think about what you can do to protect your family financially, now and in the future.