March has finally arrived, which means winter is over and spring has sprung, and the annual tradition of spring cleaning begins. It not only refers to the act of housecleaning but metaphorically as well, like getting our finances in order before an audit or inspection occurs. Many of us have questionable financial habits ranging fromContinue reading “It’s Time to Spring Clean our Finances”
Tag Archives: life insurance
Express Your Love this Valentine’s Day with Life Insurance
As Valentine’s Day approaches, you’d want to give your loved ones the best gift to express your love to them. There are the usual gifts you can give, like roses, chocolates, or romantic getaways and dinners in five-star restaurants. However, there is something that is more meaningful and will say in big bold letters: “IContinue reading “Express Your Love this Valentine’s Day with Life Insurance”
Whole Life Insurance as a Christmas Gift for Your Child
‘Tis the season to be jolly, and in this joyous occasion comes the spirit of gift-giving. Kids particularly love this time of the year, since they are mostly the recipients of these brightly wrapped boxes filled with unknown wonders. Yet, sooner or later, they grow up, go off to college, get married, have their ownContinue reading “Whole Life Insurance as a Christmas Gift for Your Child”
As the Holidays Approach, Should We Worry About a Recession?
The holiday season is coming, and along with it are the corresponding colorful lights, pomp, and grandeur. It is a time of giving gifts, spending quality time with the family, and eating hearty food. However, should we feel concerned about a recession, which can potentially ruin it? Many Americans think that we are currently inContinue reading “As the Holidays Approach, Should We Worry About a Recession?”
Answering Your Usual Questions about Life Insurance
For an average layperson, life insurance may be confusing, and many are not able to grasp its many intricacies. They may find its themes too perplexing to understand completely, and you might be one of them. However, you may be a little hesitant because you just don’t know what it is and to a greaterContinue reading “Answering Your Usual Questions about Life Insurance”
Be Prepared for Retirement Costs
“In this world, nothing can be said to be certain except Death and Taxes,“ Benjamin Franklin once said. As long as you are still breathing, the government will tax you and will continue to find new ways to keep taxing you. Enter the Washington State Long-Term Care Trust Act. With the passage of this law,Continue reading “Be Prepared for Retirement Costs”
How Walt Disney Used Life Insurance to Fund his Dream
by: Lem Lomeda Walt Disney was, and still is, a large part of everyone’s lives. His creative output produced all of the best memories we hold dear in our childhood, from beloved cartoon characters like Mickey Mouse, his feature-length animated movies, to family-themed parks all around the world. However, all of these had the dangerContinue reading “How Walt Disney Used Life Insurance to Fund his Dream”
Preparing for the Two Things that Most People Worry About
There are two things that most people worry about: 1) Dying too soon, or 2) Outliving one’s savings. The prospect of retirement might not seem very real to you right now. But working in retirement homes for almost a decade, I’ve seen the consequences the elderly have to suffer for not having enough money forContinue reading “Preparing for the Two Things that Most People Worry About”
I.B.I.S.
I call it the Insurance-based Investment Strategy. There are plenty of resources out there that talk about this strategy in detail. To read more about it, you can start with these books: Heads I Win, Tails You Lose – by Patrick Donohue Money. Wealth. Life Insurance – by Jake Thompson Live Your Life Insurance –Continue reading “I.B.I.S.”