Where to put $5,000 now

What would you do with a million bucks? That's easy. But what about five grand? With a handful of broad goals in mind, here are Money Magazine's picks.

By Asa Fitch and George Mannes, Money Magazine

Above are the least expensive 30-year policies from insurers with an "A" rating or higher from A.M. Best.

35 of 43

Goal: Protecting your family

Best life insurance:
Term life

If anyone would have a tough time making ends meet if you died, you need life insurance.

Level-premium term is the most cost-effective option. Cover yourself until age 65.

What would you do with $5,000?

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