Premium what you pay (monthly or yearly) to keep a policy in force. Where it's taught Insurance: Buy Term and Invest the DifferenceOptions: Calls, Puts, and the Hockey-Stick PayoffAnnuities: Buying Yourself a Paycheck for Life Try it with a calculator Life Insurance CalculatorOptions CalculatorAnnuities Calculator Appears in 16 other lessons The Emergency FundDebt Payoff Strategies: Avalanche vs SnowballGood Debt vs Bad Debt: It's Not the Loan, It's What You BoughtSinking Funds: Saving Monthly for the Bill You Know Is ComingRisk & Return: Volatility Is the Price of GrowthDiversification: The Closest Thing to a Free LunchStocks: Price, Dividends & What 'Total Return' Really MeansBonds: Why Their Prices Move BackwardsRoth vs. Traditional: Pay the Tax Now, or Later?The HSA: The Only Account With a Triple Tax AdvantageTwo Job Offers: Compare Total Comp, Not SalaryThe Benefits Cliff: When a Raise Leaves You Worse OffHDHP + HSA vs PPO: Picking a Health Plan Without GuessingDisability Insurance: Insuring Your Paycheck, Not Just Your StuffWhen to Claim Social Security: The Break-Even BetPay Down Debt or Invest? The Guaranteed-Return Crossover Related terms AnnuitizeAnnuityBreak-evenBuy term and invest the difference (BTID)Call / putCash valueDeath benefitDeductible