legacy

Why is capital preservation critical to long-term financial success? Not only to preserve capital but to have access to its value. Preserving capital is vital because it enables me: to have the resources to meet ongoing expenses to invest in future opportunities to handle unplanned events Without access to capital, I will struggle: to meet…

I’ve spent 11 years of my parenting journey grappling with this lesson: “You can’t quit something until it’s over.” That’s the lesson I learned when I was a kid, and I recently realized it’s how I was teaching my kids. But, I have had a shift in perspective. I don’t want my kids to think they have…

You don’t need life insurance to leave behind a legacy. Why? Legacy isn’t about: • You • Money • Arrogance It’s not about making others think that you were some great person and did all this amazing stuff while you were alive. Legacy is about: • Making others better • Caring for your loved ones…

Is Infinite Banking (IBC) the right fit for you? I’ve been using whole life insurance to preserve capital, build alternate sources of financing, and be more resilient for about a decade. In helping others do the same thing, I’ve learned to recognize when someone isn’t ready to move forward with IBC. Here are 3 common…

Life will knock you down. What helps you bounce back when that happens? Resilience is the ability to bounce back when life knocks you down. It’s the ability to keep fighting through all types of circumstances. The resilient person knows what is in and out of their control and focuses on the former. They focus on their responses and…

~ Spike Milligan Are people who make more money happier? What about people who save more? Can people be happy with very little? And how do your spending habits impact our satisfaction? In this article, we’ll explore the relationship between wealth, income, and happiness. As you’ll see, there are many insights we can glean from…

There seems to be no shortage of financial advice, but that has not led to economic success for most. Too many Americans are having trouble saving for their own needs and wants while struggling to pay down debt and keep up with the rising costs of healthcare and college educations. Many are saving in their…

“When people point out that I am successful in business AND a woman and a mother, I have to wonder why that should come as a surprise or be a fact worth noting.” What challenges do women face when it comes to money? What must they do to overcome these challenges? And where are the…

Not much in life is truly “guaranteed.” We can’t guarantee the weather, what other people will or won’t do, the direction of the markets, or even if we’ll be around to see tomorrow. And even most “guarantees” have exceptions. Your purchase is guaranteed – but only for 30 days, or unless you drop the item,…

“Whole Life or Term Insurance?” It’s a never-ending debate amongst financial advisors and self-proclaimed experts. Today, we’d like to suggest a third option. But first… let’s summarize the two most popular and obvious choices: Term life insurance allows the insured to afford more coverage for less premium, thus putting greater protection in place, in the form…

Investors have short-term memories, which is why so many cling to the stock market, even when it’s on a downward trend, or overdue for a correction. If you have lost confidence in the market, or are simply looking for WHERE you can invest OUTSIDE of the stock market-safely and profitably-you’re not alone. So why do even nervous investors still cling to mutual funds and…

While inheritances are largely thought of in terms of financial legacies, there are many things that we “leave” for our children, including things they may not want! Our financial, emotional, physical, intellectual and spiritual legacy is hopefully a positive one, not one that burdens them. Whether or not you have life insurance, assets, or a…