Before the year runs out, I wanted to give you a year end financial checklist. I want you to start the new year with the right foot with your finances.
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.
I want to cover stage 2: building up your financial household. After you get out of debt your next step to strengthen your financial position. You want to focus on increasing your savings and managing the risks to your finances.
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!
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?