Wondering what the best minds in money are tweeting about? Every other Tuesday we’ll fill you in on the conversation with Tuesday Money Tweets. You’ll get the 140 characters (or less!) of the financial wisdom you crave from around the Twitterverse.

@GailVazOxlade: According to research, 88% of all impulse purchases are made because the item is on sale.

@Moneyville: First-time home buyer? A condo might be a good idea.

@LAMFinance: Have you been tracking your budget lately? If not, be sure to replace that extra expense with income!

@MoneylineNY: Interest Rates are at an all time loan! Great time to refinance, and get some cash for Home Improvement!

@Money: You can have a 6-mo. extension to file your taxes (get Form 4868), but today is the last day to fund a 2010 IRA.

@MoneyMag_Penny: The President & First Lady earned $1.73 million in 2010 & paid taxes of $453,77

@JoyceMeyer: What do you do when disappointment comes? You can either let it press you down or you can use it as a stepping-stone to better things.

@ThomasJStanley: The median # of hours a millionaire works before reaching the 7-figure net worth threshold? 59,800!

@SoOverDebt: The iPad want is getting almost unbearable. Second job starts tomorrow – bring on the as yet unallocated extra cash!

@DebtChronicles: Why am I driving my car to the gym? Rising Gas Prices Will Not Get Me Down!

Many consumers, so knowledgeable when it comes to considering the costs of auto, medical, or homeowners’ insurance, are clueless when it comes to life insurance. Perhaps life insurance offers the additional psychological difficulty of having to plan for something you will never be able to experience. Regardless, in the words of Rory Roniger of the Louisiana-based Eustice Insurance Group, most people “go into [buying life insurance] half-cocked, with numbers they literally pull out of the sky.”

Allstate Corp, the largest public provider of automobile and other property insurance in America, has revealed its figures for the second fiscal quarter of 2008. The insurance giant experienced a 98% decrease in revenue since 2007. This decrease was due to the company’s quickly-devaluing investments in the catastrophic US mortgage market, as well as to this year’s spate of storms and other natural disasters, which made property-damage claims skyrocket.