4 reasons why life insurance for children (and grandchildren) may be an appropriate financial planning strategy.

There are opinions on both sides as to whether buying life insurance for children or grandchildren is a good idea or an appropriate financial investment. Here are four reasons to consider in making your decision.       1.  Building cash value. By purchasing a whole life insurance policy, the policy accumulates cash value over time. …

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A 2006 study at Indiana State University (McCormick and Godsted: “Learning your Monetary ABCs”) concludes that teaching financial skills to young children is just as important as the teaching of reading and math. Why begin financial education at such a young age? It’s logical. Exposure to financial subjects at an early age instills fluency as…