One of the biggest inhibitors for someone purchasing life insurance is cost. Many people have this conception that life insurance is far too expensive for them and there is no way to work it into their budget. I am here to tell you it may be more affordable than you think. Don’t believe me? I’ll give you a few examples. The average 30-year-old pays $87 per month for cable, $78 per month for a smartphone, and $48 per month for high speed internet. In comparison, a 30-year term life insurance policy for $250,000 can cost as low as $20 per month for a 30-year-old. At just $20 per month you can protect your family from disaster for the next 30 years. We set aside hundreds of dollars every month to have the luxuries of cable packages, high tech phones, and high-speed internet. In my opinion, an extra $20 per month for something that can really make a difference in your family’s wellbeing is a no brainer. Your spouse and children would be inconvenienced by losing cable, smartphones, and internet. But if they were to lose you their worlds would be turned upside down and without life insurance your family may struggle to get by. If you are hung up on the cost of life insurance, I hope this short post will put it in perspective for you.