Money Mistakes Young Families Make
By Pradeep Shankar, SiliconIndia | Tuesday, October 25, 2011
Lack of Insurance
You find so many new families who are uninsured. They prefer buying expensive products, like whole life insurance, for too little coverage. Infact most young people should have a term life policy worth five to 10 times their annual income. You need to insure yourself first so that your family doesn't suffer in your absence. You can make use of the benefits the employer provides you with.

