At the age of 19, I lost my mother to cancer. Because she had no life insurance, I experienced many financial hardships and found myself in desperate need of college funding. That’s when I came across the LIFE Lessons Scholarship Program and applied. From the moment I was awarded the $7,500 scholarship last year, my life had made a complete turn, and I’ve been sent on an impeccable journey I never thought possible.
If you ask self-employed workers about retirement savings, a shocking number will give exactly the same answer, ‘What retirement savings?’ This is a major problem, not only for the self-employed, but for the United States as a whole. With more and more people without regular jobs and the benefits that come with them, the article says that our nation faces a ticking retirement time bomb. Here’s why.
Editor’s note: Smoking is an expensive habit, given that a pack of cigarettes can cost anywhere from $5 in Kentucky to $14 in New York, but there are many other hidden costs, like the extra $50,000+ you might need to spend on life insurance over a 20 year term. The good news, after quitting for […]
According to the global study from HSBC, The Future of Retirement, many working-age people in the U.S. and worldwide are hoping to live off an inheritance after leaving the workforce. The question is, how long can you live on the amount you may receive? What if you end up receiving very little or nothing and have limited or no savings of your own?
To get out of debt and to get a point that you have money to invest in your future takes discipline—military discipline, but “Soldier of Finance” makes it manageable by breaking it up into weekly tasks, from discovering where you are, to paying off debt, to getting started in investing. In the “Your Body Armor” chapter, he also gives great advice on the importance of insurance, including life insurance. Plus, each chapter has a “Go/No Go” checklist (love!) and a summary for those who “reading or attention challenged.”