Good news for parents: You can help your kids learn to do well. Studies suggest a clear correlation between early education in money and future financial success. Financially educated children become financially successful adults People who learned about money as children were three times as likely to have a personal annual income of $75K or
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
Parents spend more than $500 billion annually assisting young adults with student loans, housing, groceries, car payments, cell phone bills, and other expenses, according to a recent Merrill study. For many families, that largesse is in the form of a gift, but some parents may call it a loan and treat the transaction as a
It’s natural for a parent to see their child do something special and optimistically project their success into world-class talent. Maybe your daughter plays tennis well or your son seems very comfortable with a golf club. It’s easy to imagine your child becoming the next Serena Williams or Tiger Woods. In fact, 80% of parents
Is your term life insurance policy about to come to an end? While it is actually designed to do just that, it may mean you have a decision to make about what to do: Do you keep it? Do you replace it? Do you go without coverage? Chances are, your financial situation may have completely
If you’re considering buying life insurance, you first need to decide between term life insurance and permanent life insurance. Term life insurance lasts for a fixed period of time, usually 10, 20, or 30 years, while permanent life insurance has no end date. Because coverage eventually expires with term life, it’s more affordable and straightforward.