Looking for affordable life insurance plans

*Collaborative post.

Many years, I worked as a sales advisor for a life insurance company and my job was to advise customers on various life insurance plans we offered. It was an interesting job to say the least and it taught me a lot about the insurance sector and the different types of life insurance plans available. Many adults still have no life insurance plan in place and usually it is because they have no idea on how to go about getting a cover in place that would suit their needs.

Having said that, it is a new year and sorting out money matters is always high up on the list on many new year resolutions. If this is you, you have landed on the right blog post. If you are after cheap term life insurance plans, here are some tips for shopping around for affordable life insurance covers.

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Do your research

As always, it is important to always do your research before you dive into anything. That also applies for when it comes to shopping around for life insurance plans. Ensure you read the fine print of every cover you are interested in exploring so you are familiar and comfortable with the features. There are lots of money saving advice websites where you can read about and compare different life insurance policies, so there is really no excuse not to do your research before you decide on the cover that is best for your needs.

Decide on your budget and look out for cheap term life insurance

Once you have done enough research, you need to decide on how much you are able to spend on monthly payments. You want to pick a life insurance cover you can pay for conveniently. The last thing you would want is to set up a new policy only to miss payments and have it cancelled. Ensure you go for a plan that you can afford to pay for conveniently. Cheap term life insurance policies can be very affordable for many people.

Speak to a financial adviser

If you are confused with the different life insurance policies available, you can speak with a financial adviser. The right financial adviser will help you decide on the best policy for your needs. That way you are sure you are getting the right cover for yourself and your family.

Have all the required information ready

It is important to have all your personal Information ready when you are getting a new life insurance cover. Your health history, financial information and personal details will most likely be required, so ensure you have them all ready for a faster application.

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It is important to remember there are lots of options when it comes to life insurance plans. So make sure you take your time and shop around for the right cover that would tick all the relevant boxes. With the various policies in the market, you can be sure there will be the right plan for you and your family.



New Year Resolutions

Happy New Year everyone! Welcome to the amazing year of 2023. I am excited the new year is here and in full swing. 2022 felt like an incredibly long year, so it is good to have a fresh year to start off. The holidays were fun but it is back to work and school for us here, and I am looking forward to all what the new year brings. How did you enjoy the holidays? New year resolutions are always trendy at this time of the year; do you have any written out yet?

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New Year Resolutions

With the new year usually comes new year resolutions and it is always exciting to set them in the early days but sticking to them is another matter entirely. Back in the day, I started each year with a list of things i wanted to do or not do and it usually went south shortly after. Over time I have gradually stoped caring to compose a list and nowadays it comes even occur to me to create a list of resolutions. Now there is nothing wrong wIth having new year resolutions if they work for you. It works amazingly well for some of us but not so much for others, and that is the beauty of life.

I have found new year resolutions to be a complete waste of my time for the most part, and I prefer being intentional about every day living and work on creating the life I want on a daily basis. Living intentionally and setting daily resolutions work better for me, and I won’t have it any other way.

What do you think of new year resolutions? Do you have them and do you stick to them for the whole year? Please share your thoughts in the comments section below, let’s chat. Thanks for stopping by. Wishing you an amazing new year with all the goodness and blessings the world has to offer.

Cryptocurrency for Beginners: Spot or Margin?

*Collaborative post.

Crypto trading is a way to make money on the cryptocurrency market, taking advantage of its volatility and price changes. The essence is to buy and sell crypto at different prices and sometimes even on different platforms. There are many trading tools offered on crypto platforms. Some of them will be too challenging for a novice trader, and others are less. Here are some of the most popular tools:

  • spot trading;
  • p2p exchange;
  • futures trading;
  • margin.

Let’s see which tool will be perfect to start trading cryptocurrency.

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Spot Trading

Spot means a person purchases or sells coins at the current prices, where assets are accrued to a trader immediately or shortly. That is why it is called “spot” – a person pays and receives coins on the spot.


This tool means a person borrows funds to enter the market with a better position and, thus, to receive a bigger profit. The main difference between margin and spot trading is that using the margin tool, a person pays only a small part of the sum from own funds, and all the rest funds are borrowed.

The key things to know about margin:

  • Leverage allows multiplying the initial amount of funds and entering the market with a more profitable position. For example, having the initial sum of $100, a trader can use a leverage of 5X and, in fact, enter the market with $500. That is, one borrows funds of $400 from an exchange. Leverage can be different depending on the platform you use.
  • Margin. Since the crypto market fluctuates constantly, prices do not keep at the same level. When the equity level decreases, crossing an established threshold (margin), you will have to add funds to your account or sell some assets (depending on where the market moves) to maintain the equity position set by margin requirements.
  • Collateral. Your initial investment (in our case, $100) serves as collateral. If you are not able to react to a margin call and add coins to your position, a platform can liquidate your position, and you will lose your $100. That is the biggest risk in margin trading.

Talking about beginner traders, we recommend using spot markets first and, along with receiving more practice, trying margin with the minimum leverage size. You can buy cryptos and apply any trading tool on the WhiteBIT exchange.


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