Education Commons^™

G97-1318 Nebraska Insurance Purchasing Groups: A Guide For Implementation, Angela Parato, Mary Ellen Rider

University of Nebraska-Lincoln Extension: Historical Materials

This publication provides interested Nebraskans with a step-by-step guide to follow when setting up an insurance purchasing group. It also details the responsibilities of a third party administrator. It should be used in concert with NebFact NF96-263.

G97-1318 Nebraska Insurance Purchasing Groups: A Guide For Implementation, Angela Parato, Mary Ellen Rider

University of Nebraska-Lincoln Extension: Historical Materials

This publication provides interested Nebraskans with a step-by-step guide to follow when setting up an insurance purchasing group. It also details the responsibilities of a third party administrator. It should be used in concert with NebFact NF96-263.

Background

Nebraska legislation (L.B. 1222) allows Nebraskans to come together for the sole reason of purchasing health insurance. Background information about how to begin, types and portability of coverage, what providers to include, and when to evaluate the plan can be found in the NebFact sheet, How to Form Insurance Purchasing Pools in Nebraska, NF96-263.

Nf96-296 Gifting As An Estate Planning Tool, Paul H. Gessaman

University of Nebraska-Lincoln Extension: Historical Materials

This NebFact discusses gifting as an aspect of estate planning.

Nf96-299 Estate Planning Glossary, Paul H. Gessaman, J. David Aiken

University of Nebraska-Lincoln Extension: Historical Materials

This glossary provides brief definitions of terms frequently used in estate planning.

G89-941 Financial Planning Form: Income Statement, Kathleen Prochaska-Cue

University of Nebraska-Lincoln Extension: Historical Materials

This NebGuide provides step-by-step directions for completing the included income statement.

What Is an Income Statement?

An income statement shows income and expenses over a period of time, usually a year. Like a motion picture, it also can show the movement of income expenses between net worth statements.

This income statement includes five categories of income (salaries, wages, bonuses; investment income; gifts; borrowed money; and other income), and three categories of expenses (taxes; fixed obligations and financing expense; and living expenses). A space to calculate net income (the amount left after all expenses) concludes this form.

G89-940 Financial Planning Form: Net Worth Statement, Kathleen Prochaska-Cue

University of Nebraska-Lincoln Extension: Historical Materials

This NebGuide gives step-by-step instructions for filling out the included net worth statement, sometimes called a balance sheet.

A net worth statement, or balance sheet, is like a snapshot that shows a financial situation at a certain point in time. In simple terms, the net worth sheet shows how much money would be left if everything owned was converted into cash and used to pay off all debts.

The net worth statement includes what is owned (assets) on the left side of the sheet, what is owed to creditors (liabilities) on the right side of the sheet, and the net …

Heg87-211 For Sale By Owner: The Right Choice For You?, Kathleen Parrott, Jana Lamplot

University of Nebraska-Lincoln Extension: Historical Materials

The purpose of this NebGuide is to help you decide if a "do-it-yourself" home sale is an appropriate choice. Steps in preparing and marketing a home are reviewed. Ideas to promote the sale and a decision-making checklist are included. The decision to sell your home yourself requires careful consideration. Saving the cost of a real estate agent's commission is a primary reason for "do-it-yourself" sales. However, this type of sale is not all profit. It is necessary to invest time, money and other resources, in preparing and marketing your house.

Heg86-209 Farm And Ranch Family Living Expenses--Taking Control, Kathleen Prochaska-Cue

University of Nebraska-Lincoln Extension: Historical Materials

This NebGuide describes how families with an irregular income can control living expenses through use of a budget and cash flow plan.

Although farm and ranch family living levels have improved and become more comparable to nonfarm families, there will always be some important differences between these families with respect to managing the family living expenses. Income is irregular for many farm and ranch families and, in the past few years, has been insufficient to maintain the farm/ranch and family at a reasonable level of living. This guide is designed to help the farm or ranch family take control of …

Heg86-208 Life Insurance Insights, Kathleen Prochaska-Cue

University of Nebraska-Lincoln Extension: Historical Materials

This guide defines life insurance, its purpose, who needs it, types of policies and companies, how to choose the right insurance, and offers suggestions for policyholders.

Life insurance touches nearly every man, woman and child in the country. Every week of the year, people buy almost a million life insurance policies.

Heg85-202 Cash Flow Planning Form: For Household Expenses, Kathleen Prochaska-Cue

University of Nebraska-Lincoln Extension: Historical Materials

This NebGuide provides detailed step-by-step instructions for filling out a cash flow plan for household living expenses.

What Is Cash Flow Planning?

A cash flow plan shows the sources, amounts and timing of income and expenses. It shows when major expenses will come, when you will need credit and when you can plan for other major expenses. A cash flow plan is usually for one year, but it can be for any time period you choose.

Heg84-190 Rent A Home?, Kathleen Prochaska-Cue, Debra Busch Welsch

University of Nebraska-Lincoln Extension: Historical Materials

This NebGuide discusses advantages and disadvantages of renting; factors to consider in selecting rental housing, including apartments; and leases, costs and relationships with the landlord.

The word "home" means something special to all of us. A home is more than four walls and a roof that serves as a shelter from wind and rain. It provides us with a sense of belonging, a feeling of security and a place to relax and "be ourselves."

When we are looking for a place to call home, we have a number of needs to be satisfied. Some of these are very practical -- …

Heg94-195 Credit: How To Establish, Protect, And Use It, Marilyn K. Sugden

University of Nebraska-Lincoln Extension: Historical Materials

This NebGuide discusses how to obtain credit, suggests steps to take if credit is denied, and provides guidelines for managing your credit accounts.

Buy now -- pay later! How many times have you been encouraged to use future income to pay for present needs and wants? Indeed, credit has become a way of life for many American consumers. While abuse of credit has created problems for some, credit itself should not be viewed as a villain. When used properly, credit can be an effective tool to help individuals and families reach financial goals. While credit can be an important part …

Heg83-183 Negotiating With Creditors, Kathleen Prochaska-Cue

University of Nebraska-Lincoln Extension: Historical Materials

At some time, almost everyone gets behind in paying a bill. This publication offers suggestions about how to deal with creditors during those times.

The Problem

Due to some unexpected event, you are behind on your bills and don't expect to be able to catch up in the next month or two. You may have lost your job, or have had large medical bills.

You make promises to pay you can't keep; checks bounce, or you receive threats from creditors (people to whom you owe money) that they will sue or turn the account over to a collection agency.

Your …

Heg83-177 Budgeting Systems When There Are Two Earners In The Household, Kathleen Prochaska-Cue

University of Nebraska-Lincoln Extension: Historical Materials

This publication describes various ways of managing the income of two earners in the same household, including the advantages and disadvantages of each.

Two earners in the household pose additional problems for the money management system. Should each person have money that is not accountable to the other -- money that is one's own? How are the bills to be paid? Should they be divided down the middle with each spouse taking responsibility for separate items (one gets the mortgage, the other the car payment), or is one partner responsible for all the basics and the other for the frills? …

Heg79-104 Auto Insurance Insights, Kathleen Prochaska-Cue

University of Nebraska-Lincoln Extension: Historical Materials

This publication examines the basics of auto insurance.

Transportation costs are the third largest expense category for the average family, claiming up to 20 percent and more of family take-home pay. One of the liveliest topics of conversation is the high cost of auto insurance coverage and ways to cut premium costs.

Heg79-103 Homeowners Insurance Insights, Kathleen Prochaska-Cue

University of Nebraska-Lincoln Extension: Historical Materials

This publication provides basic information about homeowners insurance.

Most of us have property we want to protect against unknown dangers that might damage or destroy it. Homeowners or renters insurance can provide that protection. These policies include both property and liability insurance. They usually exclude motor vehicles for recreational or highway use.

The properties covered and the perils those properties can be insured against are listed in the policy. Your house, garage, and other structures on your lot are covered. Personal properties including household contents and other personal belongings are covered up to specified limits. Perils are listed under various …

Heg79-102 Health And Disability Insurance Insights, Kathleen Prochaska-Cue

University of Nebraska-Lincoln Extension: Historical Materials

This publication covers the basics of health and disability insurance.

Good health is one of the personal goals of almost every individual or family. Because health is so important to a person's plans, providing for good health care--at a reasonable cost--is a major concern.

About 85 percent of the non-institutionalized population in the United States has some form of health insurance. Approximately three-fourths of those people covered are covered through group health insurance policies.

In the past 20 years medical costs have increased rapidly because of an increased demand for medical care by our health-conscious society, a shortage of doctors, …

Heg79-101 Insurance -- What Kind Do You Need?, Kathleen Prochaska-Cue

University of Nebraska-Lincoln Extension: Historical Materials

This NebGuide examines various types of risks and the need for insurance.

Have you spent time recently with an insurance agent who was trying to explain an old policy or to sell you a new one? Perhaps you felt you didn't know which questions to ask about what you were signing, or how the policy would pay in an emergency.

Most people would like to better understand insurance terms and the reasons for buying insurance. Before you visit with an agent, you will want to answer some basic questions about an insurance purchase that is adequate for your situation.

Heg77-78 It's About Time, Kathleen Prochaska-Cue

University of Nebraska-Lincoln Extension: Historical Materials

This NebGuide looks at a simple time management system.

An unusual resource each of us has is time. It's unusual because you can't save it for tomorrow, you can't borrow today some you had left over yesterday, you can't lend it to someone else, you can't leave it behind, you can't take it with you.

You can do only two things with time; use it now or lose it forever.