Insurance isn’t the most thrilling to think about, but it’s necessary for protecting yourself, your family, and your wealth. Accidents, illness, and disasters happen all the time. At worst, events like these can plunge you into deep financial ruin if you don’t have insurance to fall back on. Some insurance policies are unavoidable (think: car
At a certain point, you may consider buying life insurance to protect your family’s future. Insurance-comparison website Policygenius boils it down to a simple question to decide whether you need life insurance: Does anyone rely on your income for their financial well-being? That could be children, a spouse, aging parents, or anyone else who could
With the summer about halfway over, it’s time to start thinking about going back to school. Even if you think you have a few weeks of summer fun left, the sooner you start gathering the necessities like back to school clothes, the better. This is no different with the traditional back to school clothes. But
Some of the bestselling finance books represent a sampling of old standards mixed with modern classics. Here are a few of our favorites. 1. “The Total Money Makeover” (2007) by Dave RamsayWell-known personal finance expert Dave Ramsay has again achieved bestseller status with his latest book on improving your financial life. Ramsay’s books focus primarily
At a meeting of financial advisors, I was recently asked, “do you actually think life insurance is an investment?” My inquisitor was making more of a statement than asking a question, so she was surprised by my answer: “I can tell you that life insurance was an investment for me; one that I’m benefiting from
You have heard the term, but you don’t know how it works. You may even be familiar with the strategy, but not aware of the nuances. How might this strategy benefit your clients? And which ones? Why should one use premium financing over other types of loan investment alternatives? Premium financing is a strategy whereby