OurCommunityPower.org > Insurance Forum | Debt Forum | Mortgage Forum | Credit Forum
Insurance community: Your search for insurance ends here
 
Hi! I am your Insurance Assistant. If you do not get the required information on this page, use me so that I can help you reach the right page.
Let me help you out: 

Life Insurance, Debt and Suze Orman

 Previous  1 2 3  
Author Message
Add to del.icio.us
Add to YahooMyWeb
Add to Simpy
Add to BlinkList
Insurance Maze
Community Consultant
Insurance Maze



Joined: 16 Oct 2007

Posts: 481

InsuranceMaze's Home Page



5.98 Dollars($)

PostPosted: Tue Oct 07, 2008 12:47 pm   Post subject:   

Quote:
Ins, If he didn't want to contribute things equally in the beginning (splitting the bills) why should she pay his debt. To me he was a dead beat in the beginning by not being one household,two incomes.


I don't recall in any of this conversation where it was determined that it was the husband's idea of keeping the money and the bills separate.
Did I miss that part?

Quote:
Or maybe not what was this 100k spent on? And what about her not having any financial loss experienced in her hubby's death?


It appears that this woman actually made a profit from her husband's death. That was never the intended purpose for a life insurance policy.
We, obviously, don't know whether or not this was a marriage for convenience or the traditional marriage where love actually existed.
When we die, our reputation is all that remains.
Lori, your line of thinking is in tune with mine, now whether that's actually the right way to think is just a matter of opinion.

As far as the credit card companies, yes, they are some of the biggest con artists in our economy today, but normally it is the individual who makes application for the credit card and agrees to abide by the terms and conditions of the card. Most people don't complain when they swipe the numbers off the card at the mall, but only when they get the bill.

_________________
image
Sign Up We take your privacy very seriously.

*Full Name
*User Name
*Email ID
*Password
Read and agreed to abide by the AmPm Forum Rules.
Why should you join AmPmInsure?  Participate and earn
 Share your knowledge
 Enjoy the community feeling
 Win monthly rewards
 Meet industry professionals
fireyone
Senior member
fireyone



Joined: 07 Jan 2008

Posts: 1528

fireyone's Home Page



7.19 Dollars($)

PostPosted: Tue Oct 07, 2008 1:16 pm   Post subject:   

"we split the bills" is what she put in the origianl statement. I am assumong they didn't combine their funds. I believe that all bills should just plain be paid and not split up. I guess I was raised old fashioned like that.
I see too many scenarios where one partner doesn't want to help the other and this is what the post sounded like to me. I was assuming this is how it was.
If it pertained to me and my life I would pay. My husband would do the same...we work equally. Now if it was some jack*** I wouldn't care what his name looked like.
image
LifeIsGood
Senior member
LifeIsGood



Joined: 22 Sep 2008

Posts: 584

LifeIsGood's Home Page



1.22 Dollars($)

PostPosted: Tue Oct 07, 2008 2:15 pm   Post subject:   

...hmmm..split the bills. So...when he died, did she get "his" checking account? If so, there probably isn't a question to if she benefited.
_________________
Life moves pretty fast. If you don't stop and look around once in a while, you could miss it. - Ferris Bueller
image
fireyone
Senior member
fireyone



Joined: 07 Jan 2008

Posts: 1528

fireyone's Home Page



7.19 Dollars($)

PostPosted: Tue Oct 07, 2008 9:15 pm   Post subject:   

Could have only been a few bucks in there too??/ Maybe thats why he had all the credit bills...he didn't know how to save. Just an idea.
image
Lori
Moderator
Lori



Joined: 10 Sep 2007

Posts: 4517

Lori's Home Page
Location: Missouri


62.89 Dollars($)

PostPosted: Wed Oct 08, 2008 9:53 am   Post subject:   

Quote:
Lori, your line of thinking is in tune with mine, now whether that's actually the right way to think is just a matter of opinion.

I know, 20 or 30 years ago wouldn't have been any question Rolling Eyes
Quote:
As far as the credit card companies, yes, they are some of the biggest con artists in our economy today, but normally it is the individual who makes application for the credit card and agrees to abide by the terms and conditions of the card. Most people don't complain when they swipe the numbers off the card at the mall, but only when they get the bill.
thank you..bravo
_________________
**************************************
Life gaurantees a chance NOT a fair shake
**************************************
FIND a way EVERY day to lighten the load of another
**************************************
image
fireyone
Senior member
fireyone



Joined: 07 Jan 2008

Posts: 1528

fireyone's Home Page



7.19 Dollars($)

PostPosted: Wed Oct 08, 2008 1:28 pm   Post subject:   

My biggest thing about credit card companies is how they try to lure teenagers into their trap. As soon as my son turned 18 all we got was applications in the mail. I don't even know if that is legal. I was afraid he would fall for it so I went and signed his name (without his knowing) on the opt out place here on the web.
I know it may sound like I took his decision away from him but I took int consideration his train of thought and how he was always taking easy ways out.
image
Lori
Moderator
Lori



Joined: 10 Sep 2007

Posts: 4517

Lori's Home Page
Location: Missouri


62.89 Dollars($)

PostPosted: Wed Oct 08, 2008 4:47 pm   Post subject:   

Others may disagree, but I think you did the exact right thing...our kids are now 30 and 27, we raised them to think pretty much the sky would fall in if they got a credit card...NEITHER ONE ever got into the trap in fact the 30 year old has NEVER owned a credit card in her life...and the son has one that he intentionally requested that it never be allowed to exceed a 500 limit...for emergencys only....it's sick and sad what happens when these are in the hands of immature 'grown ups' ... I know people my age and older that have several maxed out...
_________________
**************************************
Life gaurantees a chance NOT a fair shake
**************************************
FIND a way EVERY day to lighten the load of another
**************************************
image
fireyone
Senior member
fireyone



Joined: 07 Jan 2008

Posts: 1528

fireyone's Home Page



7.19 Dollars($)

PostPosted: Wed Oct 08, 2008 10:36 pm   Post subject:   

I feel it was good. I think I told you his record and actions so I don't feel bad. I get caught in the credit trap long ago when my first hubby got kidney cancer. He was fighting for SS and we all know how long that can take. We needed something to help with the gas to and from the hospitol and bills. I will never fall into the trap again. We only have two that we had to take out after my accident and we paid faithfully and more than the monthly payment. We only have the one left to go and so we transferred it to a bank loan and then cancelled the card. I am not a credit card fan at all.
image
Quick Reply
Your Name
Subject
Message body
All times are GMT
 Previous  1 2 3
Page 3 of 3

 
 
Users Online
Users Online
Leader Board
Highest Pointsvictor27s
2fireyone
3Lori
Ask a question

Members
       Login
       Free SignUp
Resource Desk
       Insurance Articles
       Insurance Terms
       Insurance Guide
       Experts Corner
       US Auto Insurance Laws
       150+ Types of Insurance
       Insurance Calculators
       Discussion Archive

In Discussion

       120% FE and 23-25...
       Our trampoline bl...
       Principal provide...
       I had a car loan
       Appreciate advice...
       We have got 2 new...
       selling a life se...
       Will this look li...
       How are the thiev...
       Anybody contracte...

Blogged

       I want to thank my f...
       I have moved out, bu...
       Cape Girardeau City ...
       Hello world!
       State Workers Should...
       Mini-Meds: Limited B...
       Did Health Insurance...
       Health Insurance As ...
       Hello world!
       When Sick Become Exp...

 
We have chosen to apply the Creative Commons Attribution License to all works we publish.