The Efficiency of Money
Americans are trying to save money for retirement. People are trying to find the best way to do that but many are confused as to where their money should go.
Which Do You Insure, the Goose or the Golden Egg?
Today, I want to introduce a video that talks about disability insurance – - insurance to protect the goose.
Protect Your Future
This article from USA Today’s American Life Magazine Highlights the need to prepare for the future, by considering the purchase of Long Term Care Insurance.
Math Is Not Money – And Money Is Not Math!
Years ago most companies would provide retirement plans that guaranteed an income for the rest of your life. These plans were called Defined Benefit Pension Plans and when you retired they gave you a percentage of your income for the rest of your life. Many of these types of pensions have gone away, replaced by a 401K where employees put their money into the stock market for the most part.
Financial Organization – Part 5
Taking care of first things first, our prior blogs talked about the importance of the Protection and Savings levels of the model. In the fifth and last part of our Financial Organization series, we deal with the third level, Growth.
Financial Organization – Part 4
In our last blog, we talked about the logical process of dividing each of the three model areas, Protection, Savings and Growth, into nine sub-areas, or “drawers”. We also listed all the common errors in the 9 Protection Drawers. In this blog, we are going to take a look at the common mistakes in the Savings drawers.
Financial Organization – Part 3
The proverb goes “A “Picture is worth a thousand words” and the truth of that proverb is very clear once we’ve created the game board or visual picture of our client’s financial model. In this blog, we are going to list some of the most common shortcomings of the nine Protection drawers.
Financial Organization – Part 2
In our last blog, we talked about emptying and organizing the financial “junk drawer” into a working model. Once that is done, we have the beginnings of helping people move from where they are to where they want to be in life.
Financial Organization – Part 1
When we sit with clients initially, we find that most people have what we call the financial “junk drawer.” What does that mean? It means they don’t have an organized approach to making money decisions.
Taking Care of Business Now And in the Future: Everything you need to know about succession planning
Your business goes on from day-to-day without anyone knowing what would happen tomorrow if you were suddenly no longer able to manage the business. Without you, what would happen to your business?