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
How to Make 2020 the Year You Gain Financial Control
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
So You Want to Be the Boss? – Entrepreneurship Part III
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
So you want to be the Boss? – Entrepreneurship Part II
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
So you want to be the Boss? – Entrepreneurship Part I
Entrepreneurship, owning your own business, and being the boss are right up there with owning your own home as the most defining concepts of the American dream. Today, with the high rate of unemployment, the uncertainty of the global economy and the general unease of world socio-political events, taking control ofContinue Reading
Creating a Roadmap to Personal Wealth Management
When it comes to personal wealth management, have you defined your financial goals? And will you know when your goals have been reached? Recently, my wife and I took our three little boys on a campout to Rockport State Park in Utah. The campground is amazing, and our kids had aContinue Reading
Would It Make Sense to Kill Cash?
Cash, bills, coinage, notes, dough—our government is printing more cash than ever. But should we be ditching it instead? We love to fill our tub with bills and roll in it as much as the next person, but cash actually enables crime. That’s right. Bribery, tax evasion, drug dealing, andContinue Reading
Home Renovations and Paid-Up Additions
A paid-up additions rider isn’t the first thing that comes to mind when people think of home renovations. In fact, life insurance is rarely the first thing on anyone’s mind. But a paid-up additions (PUA) rider is one of the most important elements of a properly structured life insurance policy builtContinue Reading
Questions You MUST Ask Before Purchasing Universal Life
Universal life insurance might not be the right choice for you. Though all permanent life insurance policies render a cash value, universal life insurance isn’t necessarily the best option for infinite banking and retirement planning. At Paradigm Life, we always focus on the best strategy that helps clients maximize the benefits within theirContinue Reading
The Secret That All Millionaires Know
What are your options when the stock market takes a dive and the interest rate on all of the “safe” investments is next-to-nothing? You don’t want to panic, but leaving all of your cash in equities and “riding out” the coming storm is not the smartest thing to do. IfContinue Reading