Life Insurance As An Asset?

Life Insurance As An Asset?

 

life insurance

Life Insurance. When you think of assets what comes to mind? When thinking about your future money the more diverse the assets the better. Most people like bonds,fixed or cash products because they are SAFE! What happens when “LIFE” throws you a curve-ball?

 

You may have been diagnosed with an illness and now you need to start dipping into that bucket. Now you face depleting that bucket and can you or will you ever be able to replace that outgoing money?

 

Let’s look at another asset that could perform in many “curve-ball” instances, one that you may not even be aware of, one that can used for a plethora of “Life Situations”

It is Life Insurance!

Are you surprised? The reality is that most people aren’t taught the beauty of Life Insurance as an Asset Class. Its looked upon as an expense. Canceled first if financial stress happens as if it were a gym membership.

The problem with that is you are only able to get Life Insurance if you are healthy and the younger you get it, the less expensive it is.

Q: Where did people have their money during the great depression?

  1. Bank
  2. Cookie jar
  3. Insurance Company

Fact; During the great depression the only people who were financially comfortable had all of their money in INSURED  INVESTMENTS! AKA; Life Insurance!

When constructed correctly with the correct company it could be one of the greatest assets you can provide yourself with. It can also protect your business, your family and You in case of an unforeseen illness. This is so personal and when structured correctly with your individual needs, it could give you everything you ever need for a financially comfortable future.
Let’s have a discussion about this. Its Life Changing.

You Forgot To Teach Me How To Run a Business!

Entrepreneur, how to run a businessYou started a business because you have a passion and a message that inspired you to action. That’s likely what you want to concentrate on and where you want to spend most of your time. But the surprise that you got is that you have to know how to run a business. It’s the part of being an entrepreneur that most people like the least.

I’m sharing my key strategies with you below for how to build a strong and sustainable business so you can lead from a place of passion and purpose. These key strategies will help you realize success more quickly, and your business will be much more rewarding and fun! Continue reading “You Forgot To Teach Me How To Run a Business!”

6 Ways to Leverage the Past Without Living There

2014 is over halfway behind us. Has it flown by for you? That has been the case for me this year. It seems as though it was just a blink ago that I was sharing the holiday season with my daughter and her family in Oklahoma. Now I am about to go back again to Oklahoma for some summer fun! On days where the rush of time passing gives me pause, I am reminded of the value in looking back even as we live in the present.

This is one of those subjects where then can be some pesky “fine lines”. There are endless debates and writing on the competing values of looking forward vs. looking back. It can almost make them seem mutually exclusive of each other. Continue reading “6 Ways to Leverage the Past Without Living There”