Educational Savings Accounts Explained

  College costs can take a toll on a family’s financial earning power if steps are not taken beforehand to save for and fund this expensive endeavor.  With college costs ranging from $20,090 to $45,370 annually, finding the best sources of funding is important.   Educational Savings Accounts Basics There are several factors connected to … Continue reading Educational Savings Accounts Explained

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A Guide to Saving for Retirement Healthcare

When planning and saving for retirement, one main concern for many potential retirees is how to pay for healthcare needs during retirement.  Some interesting facts pertaining to health care and retirement are: According to the 2015 U.S. Department of Health and Human Services’ publication, A Profile of Older Americans, in 2014, men who had reached … Continue reading A Guide to Saving for Retirement Healthcare

How to Protect Your Family Against Unexpected Change

When an unexpected death or disability occurs, a family may have many changes.  If a spouse dies suddenly, the total family income may be reduced drastically, leaving the surviving spouse with a reduced income and increased expenses.  During this uncertain time, life insurance can reduce the worry of increasing financial expenses, says Geoffrey J Thompson.  … Continue reading How to Protect Your Family Against Unexpected Change

Managing Your Finances: A Personal Financial Security Review

Throughout our lives, we depend on our incomes to take care of ourselves and our families. Wages earned from our jobs go toward paying household and transportation expenses, educational expenses for our children, our retirements, and lifestyle purchases like travel or other expenses that enrich our lives. We work hard for our money, so it … Continue reading Managing Your Finances: A Personal Financial Security Review

Financial Planning: Preparing for Disasters By Protecting Your Property

In part one of our preparing for disaster series, we discussed precautionary measures to protect your family in case of emergencies.  In the event of a life-threatening natural disaster or emergency, the health and wellbeing of you and your family are paramount. Establishing a disaster preparedness plan is an ideal way to get ready for … Continue reading Financial Planning: Preparing for Disasters By Protecting Your Property

Financial Planning: Preparing for Disasters

2017 has seen more than its share of natural disasters. Hurricanes, typhoons, and earthquakes the world over have set new records in terms of lost lives and of costly destruction. Recent natural disasters have caused unprecedented damage, causing dozens of deaths, thousands of people to lose property, and millions to evacuate their homes in search … Continue reading Financial Planning: Preparing for Disasters

12 Tips for Securing Your Financial Future

In our last blog, we discussed earning power and how it relates to your financial future. Now let us dive right into 12 tips to help maximize your earning power and secure your financial future. Tip 1: Spend Less than You Earn This may seem like a no-brainer, but many people struggle with the concept … Continue reading 12 Tips for Securing Your Financial Future

Earning Power: The Secret to Securing Your Financial Future

Throughout our working lives, the money we earn is expected to go a long way. Our incomes pay for places to live, transportation, household expenses, and things like travel or activities. These incomes even go toward paying for educational and medical costs for our children. Working to earn a living is something most people do … Continue reading Earning Power: The Secret to Securing Your Financial Future

Critical Illness Insurance: What You Should Know

In our last blog post about protecting financial assets in critical illnesses, we introduced critical illness insurance. This article will dig deeper into these unique and specialized insurance plans, which may be a good solution for those who worry about financial security if faced with a life-threatening illness such as a stroke, cancer, or a … Continue reading Critical Illness Insurance: What You Should Know

What To Know To Protect Your Assets While Critically Ill

We depend on our incomes to pay for life’s necessities and to engage in our lifestyles. American workers use our earning power throughout the course of our working years in order to save for the future, enjoy the world around us, and to cover household and educational expenses, just to name a few of the … Continue reading What To Know To Protect Your Assets While Critically Ill