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Ouch! Feeling the Financial Pinch in a Month or Less

This statistic is startling: 7 in 10 employed Americans would feel the financial pinch in a month or less without their paycheck. And when you dig a bit deeper, you find that 1 in 4 working Americans would feel the pinch immediately. These are just some of the findings from the new survey from Life Happens “What Do You Know About Disability Insurance?”

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Dore Bakouris

A Living Miracle

Many of us in our 20s are filled with hope and optimism about the new jobs we have—or will work into, perhaps finding a partner and starting a family, maybe even buying a home. In short, designing a life “we” want to live, not one that’s been dictated to us. So, it’s not often we contemplate how those dreams could be derailed by an accident or illness that takes away our ability to earn a living and fund our dreams.

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799,182 Reasons to Buy Life Insurance

But assuming you’ll rely on a crowdfunding site if tragedy befalls? Which would you prefer during a time of intense stress—a new technology that enables panicked fundraising by your grieving family, or a time-tested financial tool that delivers funds immediately to your beneficiaries in a cash lump sum to pay immediate expenses, such as the funeral and burial, and in addition, all the day-to-day bills and debts that will have to be paid as life continues on.

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