Articles by Lance Cothern

Lance is a licensed Certified Public Accountant (CPA) in the state of Virginia and he covers money management, budgeting, financial products, and more. He is also the founder of Money Manifesto, a personal finance blog, where he writes about his family's relationship with money. Education: B.B.A. in Accounting from James Madison University.

Penny Stocks: 5 Reasons to Avoid This Investment Find out why penny stocks are dangerous investments that you should avoid when considering scams, costs, and risks involved. Are Life Insurance Payouts Considered Taxable Income? Photo of Lance Cothern Lance Cothern Are Life Insurance Payouts Considered Taxable Income? Life insurance helps your family stay on their feet financially after you pass... Compare Reverse Mortgage vs. Home Equity Loans & HELOCs for Retirement Income Photo of Lance Cothern Lance Cothern Compare Reverse Mortgage vs. Home Equity Loans & HELOCs for Retirement Income When you’ve already retired and you need income, one potential source of income... Best Health Insurance Options for College Students See how college students can obtain health insurance coverage (through parents or alone) and what to look for in the right policy. High Deductible Health Plans (HDHPs): How to Choose Between Health Insurance Options Find out how high deductible health plans (HDHPs) offer health insurance coverage whilst offering access to health savings accounts (HSAs). Health Insurance Deductibles: How Do They Work? Photo of Lance Cothern Lance Cothern Health Insurance Deductibles: How Do They Work? Health insurance can help your family avoid bankruptcy from high medical bills.... Mortgage Protection Insurance vs. Term Life Insurance: Pros and Cons to Consider Photo of Lance Cothern Lance Cothern Mortgage Protection Insurance vs. Term Life Insurance: Pros and Cons to Consider When you take out that home loan, it gets recorded in the public records of your... Simplified Issue vs. Guaranteed Issue Life Insurance Compare the pros and cons of simplified issue and guaranteed life insurance policies to determine which one is a better fit for your estate planning. How Life Insurance Fits Into Your Estate Planning With Wills and Trusts Learn how life insurance and associated policies may work in conjunction with other estate planning instruments such as wills and trusts. Life Insurance Endorsements: How They Work for Optional Coverage Photo of Lance Cothern Lance Cothern Life Insurance Endorsements: How They Work for Optional Coverage You’d think buying life insurance would be straightforward. After all, that’s...