We asked some top advisors what their advice is for being financially fit. Here’s what they shared with us. How many of these can you tick off?
It’s about the flow. Watch your cash flow and live within your means—that’s the starting point. Once that’s under control, plan for the future, including what if something happens to you.
If you have it, it’s most likely not enough. Most employer-provided life insurance coverage is one to three times your salary. So if you make $50,000, having up to $150,000 of life insurance sounds like a lot, right? But if you try to put that money to work in today’s interest rate environment, you’ll soon find out it doesn’t go very far. And if your family needs to spend $50,000 each year, what are they going to do after the third year?
It’s Life Insurance Awareness Month and what better way to celebrate than gathering Twitter friends and experts to talk about financial fitness and life insurance! We spent an hour today (Tuesday, Sept 12) moderating a very lively and insightful conversation. Here are some great highlights from #LIAM17Chats.
Join Life Happens as we moderate a Twitter Chat focused around all things life insurance during Life Insurance Awareness Month. We anticipate plenty of activity from consumers, the media, insurance companies, agents, and more. We hope the chat helps promote life insurance awareness among consumers, and allows agents and companies to discuss industry issues, best […]
When you’re taking care of yourself, whether it’s your health or what you eat or your finances, it’s about self worth. Either you’re worth taking care of in all aspects, or you’re not. So developing more self worth is something everyone—including myself—can do.