Money Monday: Why Term Life Insurance and Investing the Difference Can Work for You
At first glance, whole life might seem attractive because it includes a savings component (cash value) that grows over time. But many people don't realize that, in the end, most whole-life policies do not pay out the cash value when the insured passes away.
Instead, the insurance company keeps the cash value and only pays out the death benefit. That means, in many cases, you're paying a lot more for a benefit you don’t actually receive.
This is why Term Life Insurance can be a smarter choice for many people. Let’s break down the advantages:
Money Monday: Markets Crash -But What We Do Next Is What Matters
It's every investor's worst nightmare...
You put your hard-earned money into the stock market...
And suddenly, it all comes crashing down 😱😱😱
You feel cheated -- like everyone else polished off the dessert and you didn't even get a bite -- but more than that, you're scared, wondering if you'll get your money back...and how long it'll take to recover.
The good news is that if you maintain a long-term perspective, a stock market crash is just a blip on your financial journey.
Money Monday: Solo 401(k)s Advantages for Your Financial Future
Welcome to Money Monday—where we break down important financial topics that can help you and your business thrive. Today, we're diving into the benefits of Solo 401(k)s for self-employed business owners and the advantages of setting up small business retirement accounts for your team.
THE CRASH THAT DIDN'T LAST
It’s natural to feel uneasy when the market takes a sudden dip. We all have financial goals and aspirations tied to our investments, and seeing their value decrease can be unsettling.
YOUNG ADULTS RELUCTANT TO INVEST FOR RETIREMENT, SHOULD START TODAY.
As a young adult, thinking about retirement can seem like contemplating a distant, abstract concept. With student loans, rent, starting a career, and enjoying life, retirement might not be a top priority. However, starting to invest for retirement early can make a significant difference in your financial future. Let’s explore the common reasons young adults are reluctant to invest and why it’s crucial to start today.