Total household debt is up to $16.9 trillion for Q4 of 2022, and of that, nearly $1 trillion is credit card debt.
It’s pretty safe to say we all have one goal in common, and that is to eventually retire.
Credit cards could be a great financial tool if used properly.
A lot of people don’t have the time or the motivation to do a deep dive into their finances. Learn how to make your cash flow more efficient with the concept of the five areas of wealth transfer. Discover how to identify leaky holes in your personal economic model, build a pool of cash, and achieve short term, intermediate, and long term financial goals. This blogpost explains how to get started with saving and investing your money, and the importance of consistently putting away money to benefit from compound interest. Plus, find out how specially designed whole life insurance policies can help you achieve your financial goals.
Learn how to secure your financial future as a business owner by diversifying your assets, reinvesting profits wisely, and planning for retirement. Discover why it’s important to have liquidity and control over your assets and how to avoid being dependent on the sale of your business for retirement.
By its nature, a specially designed policy for cash accumulation puts extra money into the policy. A limited pay policy could make sense in a lot of situations, but it especially makes sense when you’re dealing with these specially designed whole life insurance policies designed for cash accumulation.
Are you saving for your future? Is it 10% of your income? Is it 15? Is it 20? Are you saving anything? And if you are, are you saving in a place where you have access to that money? In this blogpost we’re going to talk about how to strategically save for the future so that you’re able to meet your long term goals of retirement and your short term and intermediate goals as well.
When it comes to finances, there are so many tricks and strategies that all claim to move forward. But the question is how do you make your money more efficient and how do you maintain liquidity use and control of your money?
As a young business owner, it could be simple to fall into the trap of reinvesting all of your profits back into your business to help that business grow and expand and hopefully grow your income as you go.
How do you save for your retirement and achieve your financial goals along the way?