A Quote by Suze Orman

If a child, a spouse, a life partner, or a parent depends on you and your income, you need life insurance. — © Suze Orman
If a child, a spouse, a life partner, or a parent depends on you and your income, you need life insurance.
Remember life insurance is intended as income replacement to help dependents and or/spouse pay for things that your income would have covered. When you get to the point that you're dependents (Your kids mostly) aren't dependent on your income, you could reduce the amount of life insurance you are carrying.
Success on any level begins when you accept responsibility for creating life what you want. You are the only person who can truly make it happen. Not your boss, your business partner, your financial planner, your spouse of life-partner. Just you.
The best tool today is longevity insurance - they call it income insurance. Most people know the value of life insurance. But what if you live? So instead of trying to guess one or the other, you plan for those 20 years and you get this income insurance. If you live beyond 85, you have money that's guaranteed for as long as you live in the form of an annuity.
If there is anyone dependent on your income - parents, children, relatives - you need life insurance.
To me, a spouse should be a life partner AND a business partner. Just like any good partner, her strengths must make up for my weaknesses and vice versa.
Your greatest asset is your paycheck. Disability insurance protects you and your family if you are unable to work by providing income which will help pay your bills and take care of your family. It's just as important as life insurance.
There are times as a parent when you realize that your job is not to be the parent you always imagined you'd be, the parent you always wished you had. Your job is to be the parent your child needs, given the particulars of his or her own life and nature.
I feel what a spouse can do for you, no child or parent can. Just that if you get the right connect with your spouse, you get it going right.
But a married spouse at whatever income level is almost always going to improve the economy of a household over a lifetime, whether that spouse is adding the proceeds of a minimum-wage job or the inestimable value of being a stay-at-home parent while the other one works.
There's love for your parents, your family, your spouse, your partner, your friends, but the nature of the connection you have with your child, there's nothing like it. It has its own character and it's so serious and so powerful, and so it's a prism through which I see everything.
The parent-adolescent relationship is like a partnership in which the senior partner (the parent) has more expertise in many areasbut looks forward to the day when the junior partner (the adolescent) will take over the business of running his or her own life.
A child's geographic location, race or parent's income level should not predetermine their life's course and it's up to us to see that they don't.
Compared to other parents, remarried parents seem more desirous of their child's approval, more alert to the child's emotional state, and more sensitive in their parent-child relations. Perhaps this is the result of heightened empathy for the child's suffering, perhaps it is a guilt reaction; in either case, it gives the child a potent weapon--the power to disrupt the new household and come between parent and the new spouse.
One of the things I say is, 'You cannot control your spouse, but you can influence your spouse.' And one of the ways to influence your spouse is to make sure you are meeting their need for love.
Tens of millions of Americans are modern-day slaves - unable to retire early, or working in jobs they don't really want, just for the health insurance they need to take care of themselves, a spouse, or a child with a 'preexisting condition.'
It's more pressure on women to - if they marry or partner with someone, to partner with the right person. Because you cannot have a full career and a full life at home with your children if you are also doing all of the housework and child care.
This site uses cookies to ensure you get the best experience. More info...
Got it!