Financial Freedom and Its Role in the American Dream
“When the architects of our republic wrote the magnificent words of the Constitution and the Declaration of Independence, they were signing a promissory note to which every American was to fall heir. This note was a promise that all men would be guaranteed the unalienable right of life, liberty, andContinue Reading
How Health Affects Your Life Insurance Premium
When looking into getting a whole life insurance policy, obviously one of your first questions will be, ‘how much will my life insurance premium cost?’ The answer to your question is dependent on multiple factors. However, one of the biggest factors that determines the cost of a policy is a person’sContinue Reading
Measuring Human Life Value with the Human Capital Statement
How much are you worth, really? Traditional bank statements tell you that your assets minus your liabilities determine your net worth. The workforce places a value on your life conveyed by the salary you earn. According to this Bloomberg article, the government has all sorts of ways to determine human lifeContinue Reading
What Are Paid Up Additions (PUA) In Life Insurance?
The paid-up additions (PUA) rider is a unique additional insurance feature that comes with utilizing whole life insurance. To understand how PUA works, you must first understand one of the most attractive features in owning whole life insurance—the cash value. The cash value in your policy provides liquidity for anythingContinue Reading
The Cash Value of Whole Life Insurance
What is the Cash Value of Whole Life Insurance? The cash value of whole life insurance is the contractual dollar amount the insurance company will exchange with a policy owner in the event the insurance policy is cancelled. This same cash value is the basis by which the insurance company willContinue Reading
4 Ways You Can Profit from a Tiny Home Investment
Is a Tiny Home Investment Right for You? Tiny homes are all over reality TV and sweeping the nation. Whether you’d ditch your mortgage and live in a tiny home yourself or plan to rent or resell, now is the time to consider whether a tiny home investment is a goodContinue Reading
Cash Flow Banking with Whole Life Insurance
What is Cash Flow Banking? Cash flow banking is a concept that allows you to capture the opportunity cost of your dollars. It lets you be your own bank and earn interest on yourself. This is most commonly achieved using dividend-paying whole life insurance. Whole life insurance is used because it’sContinue Reading
Put Your Money in Motion to Increase Investment Returns
Money in motion tends to stay in motion. Keeping money in motion by moving it through assets is how you generate wealth. It’s not about saving piles of money in various accounts accompanied by strict limitations. It’s about leveraging money and multiplying its use for your profit. Whole life insurance helps you multiply your money andContinue Reading
How to Stop Volunteering for the Financial Rat Race
Eat, sleep, work, repeat… Does this rat race sound familiar? For many, the get-up-and-go-to-work routine this is the only way they know, simply trying to pay the bills and survive. The result ends up being that you merely work for your money, rather than your money working for you. “MoneyContinue Reading
Sculpting a Path to Financial Responsibility
Financial responsibility comes in many forms and is important for a multitude of reasons. When we are accountable for something within our control and management, such as money, it becomes our responsibility. Having money requires us to take financial responsibility for how it is managed, how it is spent, and howContinue Reading