Retirement Planning

Retirement Planning

Most people spend months in advance planning for and anticipating their one week vacation to their dream location. However, when it comes to their longest vacation in life, retirement, they often do very little or no planning at all.  In fact, there are many who...
Why Time Is Money?

Why Time Is Money?

Many of us have heard the saying, “Time is money”. But most of us just accepted it and have never really reflected on the meaning of the statement and its truthfulness. The statement “Time is money” can be explained using multiple scenarios in different contexts, but...
Why Bank On Yourself Or Your Family?

Why Bank On Yourself Or Your Family?

What Does “Bank on Yourself ” Mean?  In the book Bank On Yourself by Pamela Yellen, she explains the “Bank On Yourself” concept as buying a whole life insurance policy on yourself, funding the insurance cash value using paid up additions (overfunding the cash value),...
What Is Your Debt-To-Income Ratio?

What Is Your Debt-To-Income Ratio?

One of the biggest contributing factors to the financial issues many face today is debt. People from all income brackets tend to have too much debt, so most of their income goes towards debt servicing instead of towards a higher quality lifestyle. Many six-figure...