Today's show gives you the tools you need to sit down and calculate an appropriate amount of life insurance coverage for you to own.
On Episode 173, I discussed the three primary ways of calculating an appropriate amount of insurance:

Human Life Value approach
Needs Analysis approach (the best)
Rule of Thumb approach

This show teaches you how to calculate a Needs Analysis.
The process is simple:
What You Want - What You've Got = What You Need
In order to figure out what you want, simply make a list of everything you want for your family in case of your death.
Divide that list into:

Lump Sum needs (immediate cash)
Income needs (ongoing cash)

For the income needs, decide:

How much?
For how long?
Liquidating approach or a non-liquidating approach?

Enjoy the show!
Joshua
Links: 

Episode 173: http://radicalpersonalfinance.com/173-economic-basis-of-life-insurance-and-individualfamily-uses-of-life-insurance/
Episode 101: http://radicalpersonalfinance.com/how-to-calculate-how-much-you-need-to-save-for-your-kids-college-rpf0101/
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