Hello everyone! I am very excited and thankful to announce that my new e-book, “7 Principles for Financial Success” is now available for purchase on Amazon for $2.99. The book is also available in Spanish (“7 Principios para el Exito Financiero”) also at Amazon. Please share this great news with your friends and family and thank you for your continued support!
I wanted to share these 7 Principles for Financial Success with you today because I firmly believe you too can win with your money if you are diligent in applying them. If you are winning with money, I would love to hear how have you applied these or other principles to succeed. Share those blessings with others!
However, before the year runs out, I wanted to give you a year end financial checklist. These actions will help you start 2013 on the right foot with your finances.
What is the role of insurance? In simple terms, insurance is the tool that is designed to protect you and your family against what might happen. When you have the right level of insurance coverage in place, you are transferring the risk to another entity (an insurance provider) and you pay a premium for that risk transfer. If you think about it, insurance works like an umbrella works when it rains. The umbrella does not stop the rain, but it keeps you from getting wet. Likewise, having the proper insurance won’t stop an event, but it will help you weather the storm and minimize the impact to your finances. So what types of insurance do you need?
Could you do this for yourself? Would you do it for your family? This country of ours is still the greatest country in the world. It is still the land of opportunity, the land of the free. But you have to brave. You have to be daring. You have to choose to be above average. Start today!
These are what I believe are the most essential elements of your financial plan. Start executing on these, and you will be on your way to winning with your finances.
However, when it comes to meaningful presents, I believe very few things compare with the present of a good financial plan for your household.
¿Ya compraste tu regalo de San Valentín para tu esposa o esa persona especial? ¿Hiciste la reservación para esa cena especial? La TV y la Radio están llenas de comerciales con sugerencias para regalos. Esta celebración esta supuesto a ser para celebrar tu amor por esa persona especial en tu vida en una forma especial. [...]
Don’t leave any of these steps to chance. Wishful thinking won’t help you get control of your finances. Thinking something is a good idea won’t make you act on it. You have to decide to change and there is no better time than today.
In terms of your finances, you are also dealing with managing risks in your life. In the midst of dealing with getting your budget under control or paying down on debt, you might overlook having the adequate mitigation actions in place to protect your family. This is where insurance comes in.