Articles

THE DEFINING MOMENT – A Life Changing Approach To How Money Works

Defining Moment #1
Your Money Will Never Be Worth More than It Is Today.
Every financial institution understands the power of money. They also understand the term “the velocity of money.” Money that doesn’t move or have velocity is like money that is stuffed in a mattress; it doesn’t create wealth or profits. To give …

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Myths about Credit Repair

USCCRA’s 10 Myths of Credit Repair
Myth # 1: When I pay off a past-due account, such as a charge off or a collection account, it will show “paid” and no longer be negative.
It is difficult to fully restore your credit without paying your outstanding debts. However, paying off a debt can actually …

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Six famous companies that were started or saved by Life Insurance

If not for life insurance, Disneyland might have existed only in Walt’s imagination. Stanford University might have been a short-lived tribute to a son who died young. James Cash Penney’s personal depression during the Great Depression might have shuttered the J.C. Penney chain. McDonald’s might have only served a few hundred thousand. Today’s home chefs …

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Seven Reasons To Verify Life Insurance Policy Performance

Seven Reasons To Verify Life Insurance Policy Performance
1. Potential for Underfunded Policies
Most policy pricing is based on certain assumptions about policy charges, interest rates, planned premiums and other issues. Policies are usually designed with enough planned funding to stay in-force at least for life expectancy. Unfortunately, with today’s lower interest rates, more and …

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Your 401K is not an Emergency Fund

When you are in desperate need of cash, your 401k account can look like an attractive option. After all, if your account has been receiving automatic contributions from you each month along with a percentage match from your employer, you could be growing quite a nest egg. There are certain situations where you may be …

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Save Like You’ll Live To 100?

The problem with many of the online retirement savings calculators is that they use life expectancy averages. In the United States, the average life expectancy for a man is 76, while the average woman can reasonably expect to see her 81st birthday.
What these calculators don’t take into consideration is that not everyone is average. …

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You Need A Rainy Day Fund

You never know when you will be sitting at a stoplight when telltale smoke starts curling from beneath the hood of your car. What started out as a perfectly normal day could lead to a staggering mechanic bill. If you are living paycheck to paycheck, even a little “bump in the road” like a broken …

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