Debt Management

College Funding Tips: How To Make Your Money Work For You

College Funding Tips: How To Make Your Money Work For You

Wouldn’t it be great if you could get $1 to do the job of multiple dollars? Are you wondering how this could be possible? Well, stick around to the end of this blog, because today we’re going to talk about multiple duty dollars and how to get your money to work harder for you and your family.

For most of us, our income is limited every month. We only have so much money coming in, so it’s important, and this is why we always preach: It’s not how much money you make, it’s how much money you keep that really matters. It’s also very important to make that money as efficient as possible – to make it work as hard as possible for you and not for the other guys. 

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Money Management Tips: How to Reach Financial Freedom

Money Management Tips: How to Reach Financial Freedom

Have you ever felt like you’re doing everything right? You’re paying off your debt as quickly as possible, you have a short mortgage term, you’re maxing out your retirement plans, you’re paying cash whenever possible, and you’re investing in the stock market as much as you can afford to, but you’re still not seeming to get ahead. You still can’t reach that feeling of financial freedom like you’ve finally made it? If that sounds like you, continue reading because we’re going to diagnose exactly why that may be the case and recommend some simple shifts you can make to reach financial freedom.

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Money Management Tips: Regain Control Of Your Cash Flow

Money Management Tips: Regain Control Of Your Cash Flow

We have been constantly talking about the importance of you being in control of your money or regaining control of your money. So why is it so difficult to accomplish despite it being a very simple concept? In this blog post, we are going to talk about the unintended consequences that result from following traditional or conventional wisdom when it comes to your finances and how to regain control of your money by just knowing these things. 

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What to pay first?  Insurance Policy Loan Interest, Premiums or Paid Up Additions Rider

What to pay first? Insurance Policy Loan Interest, Premiums or Paid Up Additions Rider

When you get a premium bill and your cash flow is limited, you should always pay the base premium first.The more you pay into the policy at that time, the higher rate of return you’re going to get within your policy.The next is the paid up additions rider.By paying the paid up additions rider in the first five years, it will give you access to more cash sooner so that you can start using your policy to pay for the things of life.The third priority is the policy loan interest.If you don’t pay the loan interest, the loan interest will be added to the loan balance and it may constrict the amount of cash value that is available in the future to access via the policy loan provision.The fourth area should be the actual loan balance. As your loan balance gets paid down, your cash equity increases.

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