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.