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
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
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
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
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
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
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
Did you make any resolutions this year? It’s not too late, especially if you’re vowing to make 2020 the year you gain financial control. But too many Americans make the wrong resolutions when it comes to money and fail to achieve their goals, year after year. The One Thing AllContinue Reading
When discussing entrepreneurship, being in control is a crucial aspect of successful business ownership. Today we will dig deeper into how to use a cash value focused life insurance policy to fund portions of your business. A Closer Look at Entrepreneurship & Business Loans Business owner A is the typical entrepreneur who, based on the financialContinue Reading
Entrepreneurship and its benefits to the U.S. economy are as great as gospel to the financial gurus. But for you (the prospective new BOSS), it’s the personal rewards of entrepreneurship that remain most significant: high earnings, flexible work schedules, and following your passion. Entrepreneurship & Policy Loans According to Steve Case,Continue Reading