Life insurance
I didn't want to hijack Ben's thread, but I can't help thinking about his wife and how she will take care of their girls for the nest 20 years.
If you have kids, YOU MUST HAVE LIFE INSURANCE!
This is the second time I've seen an airplane crash leave a widow with two little kids. This is terrible enough with out the burden of debt and no income on top of the normal grief. Term life insurance is really cheap, even for pilots (500K costs me about 25/month).
You also need a will that says who and how will take care of your kids. You particularly need to appoint someone in case both of you were to die at the same time.
If you haven't sat down with your wife and talked this out, you absolutely need to ASAP. It's a bit morbid, but you need to do it.
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"You may all go to Hell, I shall go to Texas"
David Crockett
Last edited by USMCmech; October 22nd, 2009 at 22:55.
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