When you first start your business, it’s very important, actually, it’s vital that you reinvest the profits into the business to help the business grow. However, as your business continues to grow more and more, your net worth becomes enmeshed in the business. Consequently, your net worth becomes illiquid and inaccessible. And that has a direct impact on your cash flow.
Make no mistake about it – whether you finance through conventional methods, through a bank or a finance company, or with using our process and borrowing against your cash value – every payment you make will increase somebody’s net worth. Using our process, you will increase your net worth.
Are you thinking about buying a life insurance policy on a child or grandchild, but aren’t exactly sure what the benefits of this purchase are? Fundamentally life insurance is a transfer of risk, and in most cases it’s a transfer of risk from the insured to the insurance company for the case of premature death.
Are you thinking about buying a life insurance policy, but aren’t sure what to do because there are so many options? Well, stick around to the end of this video, because we’re going to go over the five different types of life insurance policies.
We would like to outline what it means for us to be a financial
advisor for our clients, and it’s not dissimilar to the relationship a golfer has with their caddie.
We all want to make the most of the resources available to us; to be as efficient as we can be while also avoiding wealth transfers. Once a decision has been made to part with our dollars, it is permanent. Since we can never have those dollars back again, it makes sense to spend them wisely.
Lifestyle money represents the dollars you are spending to maintain your current standard of living: where you live, what you eat, where you vacation etc. For many people, this is where the conversation ends. While everyone wants to solve their financial problems, reducing their current standard of living is not a popular option.
Where is it written that, in order to make money in the markets, you have to lose 30%, 50%, or even 70% of your money? Do you ever feel like you’re playing a rigged game? A game that’s set up for them to win and for you to lose? Find out how you can develop a strategy that would prevent you from ever losing money ever again!
We all know the death benefit when it comes to life insurance policies, but how would you like to become the beneficiary of your own policy? Well, stick around to the end of this video, because we’re going to show you how to take advantage of the living benefits of life insurance.
