Comments on: Insurance Worries And My Need To Stop Procrastinating http://www.ncnblog.com/2008/07/24/insurance-worries-and-my-need-to-stop-procrastinating/ Debt Reduction Rocks - We Are Living Debt Free! Sat, 21 Nov 2009 11:44:22 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: SingleGuyMoney http://www.ncnblog.com/2008/07/24/insurance-worries-and-my-need-to-stop-procrastinating/comment-page-1/#comment-122654 SingleGuyMoney Sun, 27 Jul 2008 13:24:18 +0000 http://www.ncnblog.com/?p=1340#comment-122654 I keep saying I am going to do this but I haven't gotten around to it. I just found out that at the first of the year, I will be able to get my Will done for free thanks to my Employer. I keep saying I am going to do this but I haven’t gotten around to it. I just found out that at the first of the year, I will be able to get my Will done for free thanks to my Employer.

]]> By: David http://www.ncnblog.com/2008/07/24/insurance-worries-and-my-need-to-stop-procrastinating/comment-page-1/#comment-122174 David Fri, 25 Jul 2008 01:25:16 +0000 http://www.ncnblog.com/?p=1340#comment-122174 I have found that doing nothing sometimes is the best option. But everyone should have a will and insurance as needed. I have found that doing nothing sometimes is the best option. But everyone should have a will and insurance as needed.

]]> By: Lars http://www.ncnblog.com/2008/07/24/insurance-worries-and-my-need-to-stop-procrastinating/comment-page-1/#comment-122127 Lars Thu, 24 Jul 2008 15:52:26 +0000 http://www.ncnblog.com/?p=1340#comment-122127 Procrastinators unite! (soonish..): http://www.structuredprocrastination.com/ Procrastinators unite! (soonish..): http://www.structuredprocrastination.com/

]]> By: Welmoed http://www.ncnblog.com/2008/07/24/insurance-worries-and-my-need-to-stop-procrastinating/comment-page-1/#comment-122116 Welmoed Thu, 24 Jul 2008 13:17:28 +0000 http://www.ncnblog.com/?p=1340#comment-122116 I'm a procrastinator as well. My husband and I just went through the rigamarole of reviewing all our insurance policies; we spent a few hours with our insurance agent and asked tons of questions. Now we have our home/auto/umbrella policies in place and updated to reflect current circumstances. Up for review now is health insurance. Since we are both self-employed, we pay a LOT for our health insurance. We've been meeting with companies to get the best deals, and think we've found the right one. It's just a matter of filling out the form. Which we haven't done yet. Why? Sometimes it's "the devil you know" -- even though we're not happy with our current plan, it's a known quantity, whereas changing involves the risk of the unknown. However, it does all come down to decisions. Not making a decision is, in itself, a decision. I have a sign above my desk with a quote from Teddy Roosevelt: "In any moment of decision the best thing you can do is the right thing, the next best thing is the wrong thing, and the worst thing you can do is nothing." I’m a procrastinator as well. My husband and I just went through the rigamarole of reviewing all our insurance policies; we spent a few hours with our insurance agent and asked tons of questions. Now we have our home/auto/umbrella policies in place and updated to reflect current circumstances.
Up for review now is health insurance. Since we are both self-employed, we pay a LOT for our health insurance. We’ve been meeting with companies to get the best deals, and think we’ve found the right one. It’s just a matter of filling out the form. Which we haven’t done yet. Why? Sometimes it’s “the devil you know” — even though we’re not happy with our current plan, it’s a known quantity, whereas changing involves the risk of the unknown.
However, it does all come down to decisions. Not making a decision is, in itself, a decision. I have a sign above my desk with a quote from Teddy Roosevelt: “In any moment of decision the best thing you can do is the right thing, the next best thing is the wrong thing, and the worst thing you can do is nothing.”

]]> By: David http://www.ncnblog.com/2008/07/24/insurance-worries-and-my-need-to-stop-procrastinating/comment-page-1/#comment-122104 David Thu, 24 Jul 2008 12:04:28 +0000 http://www.ncnblog.com/?p=1340#comment-122104 People often procrastinate about signing wills or dealing with life insurance because it makes them think about their own mortality. It's easier to stay busy. But we all die. You are wise to face up to it. Disability coverage is just one step removed. People often procrastinate about signing wills or dealing with life insurance because it makes them think about their own mortality. It’s easier to stay busy. But we all die. You are wise to face up to it. Disability coverage is just one step removed.

]]> By: Jesse http://www.ncnblog.com/2008/07/24/insurance-worries-and-my-need-to-stop-procrastinating/comment-page-1/#comment-122102 Jesse Thu, 24 Jul 2008 11:26:49 +0000 http://www.ncnblog.com/?p=1340#comment-122102 Nice reminder on those things that <em>everyone</em> should be doing! As far as procrastinating goes, and as a spinoff of Graham's comment above, I've found my To Do list to be absolutely indispensable. It's key that the items are prioritized. Nice reminder on those things that everyone should be doing! As far as procrastinating goes, and as a spinoff of Graham’s comment above, I’ve found my To Do list to be absolutely indispensable. It’s key that the items are prioritized.

]]> By: Sue http://www.ncnblog.com/2008/07/24/insurance-worries-and-my-need-to-stop-procrastinating/comment-page-1/#comment-122090 Sue Thu, 24 Jul 2008 09:22:06 +0000 http://www.ncnblog.com/?p=1340#comment-122090 "Why do today what you could put off indefinitely" Not sure where I heard that from but it is probably true for many. Bravo for taking this step! “Why do today what you could put off indefinitely”
Not sure where I heard that from but it is probably true for many.
Bravo for taking this step!

]]> By: Sarah http://www.ncnblog.com/2008/07/24/insurance-worries-and-my-need-to-stop-procrastinating/comment-page-1/#comment-122067 Sarah Thu, 24 Jul 2008 05:59:28 +0000 http://www.ncnblog.com/?p=1340#comment-122067 Speaking of lawyers, term life insurance, wills, and dependent children, I need to take care of some of those financial issues myself. My DH and I are in the process of upgrading our life insurance with new term life policies. We've passed the medical tests and are just waiting for the policies to become finalized. However, we need to see a lawyer about guardianship for our two small children just in case, God forbid, something would happen to us both at the same time. The other thing I need to figure out is how to leave our life insurance proceeds to our dependent/minor children in the event that something would happen to us both. I've done some research on life insurance trusts, but I'm not sure that would suit our needs. I was curious as to how you and your wife plan to prepare for that aspect of things for your own family? I'm not comfortable naming a relative as secondary beneficiary because money has a way of doing strange things to people and I would want to be 100% certain the funds were being used for my children's future and that they were well taken care of. Speaking of lawyers, term life insurance, wills, and dependent children, I need to take care of some of those financial issues myself. My DH and I are in the process of upgrading our life insurance with new term life policies. We’ve passed the medical tests and are just waiting for the policies to become finalized. However, we need to see a lawyer about guardianship for our two small children just in case, God forbid, something would happen to us both at the same time.

The other thing I need to figure out is how to leave our life insurance proceeds to our dependent/minor children in the event that something would happen to us both. I’ve done some research on life insurance trusts, but I’m not sure that would suit our needs. I was curious as to how you and your wife plan to prepare for that aspect of things for your own family? I’m not comfortable naming a relative as secondary beneficiary because money has a way of doing strange things to people and I would want to be 100% certain the funds were being used for my children’s future and that they were well taken care of.

]]> By: Graham http://www.ncnblog.com/2008/07/24/insurance-worries-and-my-need-to-stop-procrastinating/comment-page-1/#comment-122060 Graham Thu, 24 Jul 2008 04:52:56 +0000 http://www.ncnblog.com/?p=1340#comment-122060 Actually, I've found myself procrastinating when I don't know exactly what I'm going to do next. I've noticed this at work, since I started my job about a month ago, that I wait a lot longer to start a task than I did at my previous job. I suppose my procrastination stems from a lack of confidence in that respect. Otherwise, yeah, laziness. Can't say that I have a lack of confidence in folding clothes. :) Actually, I’ve found myself procrastinating when I don’t know exactly what I’m going to do next. I’ve noticed this at work, since I started my job about a month ago, that I wait a lot longer to start a task than I did at my previous job. I suppose my procrastination stems from a lack of confidence in that respect.

Otherwise, yeah, laziness. Can’t say that I have a lack of confidence in folding clothes. :)

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