Image provided by: SEIU Local 503; Salem, OR
About The Oregon state employee. (Salem, Oregon.) 1944-195? | View Entire Issue (July 1, 1950)
30 insurance plan so that you have no choice (<5r options, as they are called) as to whether you receive à iump sum or monthly payment^/ Or he may have left the Choice open? Either way, you should know^Kvhy your husband decided-as he did, and what the pur pose of each policy is. NoteO>articularly: If theW)plicies paid you a lump’ sum, you would have to invest the money. How would you invest it— in what? Then figure out the total monthly income you . could expect from the proceeds of thè policies, plus social security. It may open your eyes— Jahd' your husband’s! To get a clear picture of^your hus band’s insurance program, sit in on the next Conferéhcè|:he has with his life insurance agent. The^agent will be glad to explain the ¿program and can do it better than your husband becausethe agent won’t be as self- conscious. Caution: Don’t let the agent use you as an unwittihg tool in ef- forts to sell your husband*'more. i S surance. Your husband may need -more insurance, but let him' m B the decision himself. What Is Your Family’s Financial S ta tB P You should have-’a pretty goodj idea of the sources* of your husband’s in come, how much comes in, how much goes out, how much is retained as savings. Here is an excellent way of educating yourself. It takes a little work but is worth. it.B®£ffiteln|l to balance the bank statement each month. Your husband Will probably be happy to hand over thè task. And you will be kept informed automati cally on the family’s financialWtatus and cost of living. Be your husb-and’s personal book keeper, if you think you Can manage it. That means, in adm fffigo balanc ing the Hfnk statement keeping a record of his aH W K id The T e le p h o n e 12 121 L y o n S tre e t N ISSEN MOTOR CO. Ford A u th o riz e d D ealer A LBA NY , OREGON assets, of course, are savings and checking accounts, stocks, bonds, per sonal property and real, estate. The liabilities' are on the car, the unpaid portion of the mortgage, etc. What Property Do You Own? Can you make a list of the family property, write «leBvn the market value of each item, whether it is owned' jointly or by your husband alone, and what his purpose was in ^ejuiringffl? But whatever his orig inal purpose, you need not be bound by it forever. These are changing tim e^B Your husband may own a piece of land. Did he buy it to build on some day ? I Or did he buy it as a specula tion ? What is it worth now? Should it be held indefinitely or sold? What real estate agent would he recom mend? If your husband owns stocks, has he bought them for income or be- cause he thinks they w ill go up in value? Should they be sold? The only way you will ever know these things is by taking a careful interest in w h aB S B r husband is doing. Eugene Hotel Eugene, Oregon Headquarters For All Occasions C. E. McLean, Mgr.
