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.

@FlatOutFrugal: “By sowing frugality we reap liberty, a golden harvest.” –Agesilaus

@MoneyMag_Penny: Investors flocking to 529 college savings plans, says Financial Research Corp. Net flows up 75% over past 2 years.

@LaMonicaBuzz: Forget about Barney. Looks like Yahoo is the most hated purple dinosaur. $YHOO down another 4% today. Below $16 for first time since March.

@CNNMoneyTech: Sprint is offering up to $175 to those who switch from any other carrier, not just T-Mobile

@Retireby40: A Wii is NOT an Investment!

@DebtChronicles: My son is looking for a way to finance his wish list this summer – how do your kids earn money?

@FinancialUproar: If no one wants to pay for music, why are investors still paying up for music companies?

@MoneySmartBook: You don’t have to be a #financialexpert or read lots of money books to know that you have to carefully choose how to spend your money.

@Money: Americans are spending a record $3,000 a year to fill up their cars.

@TaxResolution: According to a survey @ 30% of Americans are planning to spend their #IRS refund.What about you?Did you even get a refund?

@JonChevreau: Workers aged 50-plus expect to live longer on less but unprepared for inflation.

A new survey says fewer American households now carry life insurance than any time in the past 50 years. LIMRA, an insurance industry group conducted the survey and says that now millions of families are living without this important safety net. The study shows that 44% of households have an individual life insurance policy and 30% have no life insurance, whether from an employer or individual.

Families with the greatest need for coverage are typically viewed as those with children under the age of 18, and right now 11 million of those households are without life insurance protection. Premiums actually cost much less now than they did ten years ago. According to statistics from ING, a $500,000 20-year term policy costs about $25 a month.

There are several reasons experts say explain the drop in coverage including the recession, procrastination and fewer insurance agents. The cost is why 40% of families say they don’t have life insurance. But ironically, if the primary income earner in the family were to die, 40% say they would have trouble meeting expenses. Another reason is the lack of urgency that life insurance carries. It’s a voluntary purchase which is why many people delay buying it. “A lot of people really overlook the whole need (for insurance) until they have a health condition, and then life insurance prices are out of reach for them,” Amy Danise, editor of Insure.com, told USA Today.

A final explanation for the lack of life insurance is the reduction in insurance agents. About four out of five families don’t have a life insurance agent, according to the study. Statistics show that in 2010 there were 184,873 affiliated agents. Two decades ago that number was nearly a quarter of a million. Since the days of door-to-door salesmen are gone, Byron Udell of AccuQuote tells USA Today, “there’s less of it getting bought.”

It is simple to make the all too common mistake of buying too much or too little auto insurance for your needs. A few of the questions you want to ask yourself when searching for auto insurance quotes, according to experts, are one what kind of deductible should I pay?, and two, how much coverage should I purchase? Answering these two questions will help make deciding what the right amount of auto insurance is for you a breeze.

It sounds unbelievable until it happens to you, but gas thieves are beginning to strike by larger numbers and using more brazen tactics. This does not come as a complete surprise since the price of gasoline has continued its steady rise to nearly $4.00 as a national average.

Even though the increase in thefts is not surprising it is certainly disturbing. The most traditional method of stealing gas is those motorists who fill up and drive off. To combat this many stations require that drivers prepay before they pump but the last few months has seen a resurgence of this tactic.

Are your life insurance premiums getting more and more expensive? There are some factors, which may be attributed to the costs of life insurance premiums. In many cases, you can expect to have lower premiums if you live a low risk lifestyle and are in reasonably decent health. A change in either one of these conditions can cause your insurance premiums to go up. You should know that there are certain factors that need to be taken into account when considering life insurance and you need to know how they affect your insurance premiums and whether you can do anything to control these effects.

Why is renters insurance important? For many renters, this type of insurance coverage is neglected even though they do provide valuable protections for the renter’s apartment or house. In some cases, it not willful neglect that is the problem, but just a simple oversight. It is not offered or mentioned by the landlord or property owner, so the renter remains uninsured. What sorts of protections are provided by renters insurance? The main element of protection is for the renter’s personal possessions against damage or theft. In this way, it functions like homeowners insurance. Those who are not familiar with renters insurance should find out whether there are insurance agencies that offer renters insurance policies.