5 Characteristics of a Good Life Insurance Agent
Doctors, dentists, counselors, and life insurance agents. They all have something in common; there are key factors that need to be present before we officially select one. A recent consumer poll provided that 79% of consumers asked their family and friends for insurance agent referrals. And 69% asked colleagues andContinue Reading
The 3 Best Wealth Creation Principles
Most wealth creation principles are easy to understand, but difficult to implement. Nelson Nash, in his book Becoming Your Own Banker, discusses three distinct rules that can “make or break” your pathway to wealth and prosperity: the Golden Rule, Parkinson’s Law, and Sutton’s Law. The Golden Rule: (Those who haveContinue Reading
What is My Retirement Number?
It’s no wonder that people are asking what their retirement number is. If you’re using a 401(k) or any other qualified plan, finding your retirement number becomes essential to how much you need to save. What Is My Retirement Number? At Paradigm Life, we believe that “Knowing yourContinue Reading
Finding the Perfect Investment
As Wealth Strategists from Paradigm Life, people turn to us in hopes of finding the perfect investment. Our response to those needing guidance? You came to the right place. Building a client’s wealth journey is a unique process; and no two road maps are alike. The first point ofContinue Reading
Successful Strategies that Strengthen Business
Finding successful strategies that strengthen your business can at times, be somewhat of a challenge. There is no blueprint for your exact situation, exact business model, or even exact timeframe in which you are operating. Walt Disney, arguably one of the greatest entrepreneurs that lived, at one point didn’t knowContinue Reading
Why Austrian Economics will Increase Your Billfold
Austrian Economics is a school of economic thought that promotes financial control and financial freedom. Inherently, Austrian Economists believe that any monetary system needs to be backed by a commodity, and that it’s dangerous for any economic system to be supported through a system of false credit. Though Austrian EconomicsContinue Reading
The Central Bank Definition & History
What is the Central Bank? Surprisingly, a lot of people don’t know what the central bank actually is. Currently, the central bank is the Federal Reserve System that provides services for the United States’ banking system, monetary policy, and issuing currency. When and Why did the Central Bank Begin? The CentralContinue Reading
Your Personal Family Banking System
Having a personal family banking system is easier than you think. It appears that individuals (turned families) have become accustomed to banks (or The Feds) telling them what to do with their money – how to save it, how to borrow it, and what to spend the borrowed money on.Continue Reading
Home Prices are Rising Again: The Millennial Disconnect
According to S&P/Case Shiller, home prices are rising again. (Wall Street Journal) The housing cost in the top 20 markets around the country are moving upwards of 4% from last year. What does this mean for baby boomers? Home Prices are Rising for Millennials: How this is a negative forContinue Reading
401(K)’s: Reaper of Your Retirement
He hung up the phone, it was HR, it was his turn to meet with the ‘retirement plan’ specialist. While it wasn’t mandatory, the many emails, memos and reminders provided by HR led him to realize that not attending his appropriated time may perhaps be frowned upon by higher ups.Continue Reading