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Life Lessons
Mike Thompson died in a car accident leaving behind his wife, Amanda, their two boys and stiff financial challenges. “After that,” Amanda recalls, “I put the house up for sale and we moved in with my mother.” About six months later, she purchased life insurance on herself telling her agent, “I don’t want this to happen to my children.” Amanda’s
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Use Your Social Security Statement as a Guide
Once you reach age 25, the Social Security Administration (SSA) will send an annual report on your individual account. This report will highlight potential benefits from your account and is a valuable tool for your use when considering ways to plan for your retirement and other financial needs. Social
Giving Credit Where Credit is Due
During the loan approval process, a question that customers often raise is, “What do they look for on my credit report?” and “What is a credit report, anyway?” Credit reports are used by the majority of potential lenders to assess your credit worthiness and help determine whether or not to approve
Give Grandchildren the Gift of Life
When you are trying to choose just the right gift for your grandchildren, you can have a tough time sifting through the newest trends and fads. Last week it was this pop star, next week it may be a new cartoon character. On top of that, you don’t want to get something that won’t last 10 minutes out
Back to the Basics
The snowball started with an inspection. When Jenny took her car in for an inspection, she had no idea that it would need new tires and a new catalytic converter. After these expenses, she didn’t have enough to pay one of her credit cards. She figured she’d just make it up later, but when Jenny missed
What Kind of Investor Are You?
If you are investing money or planning on doing so, there is one very important question you should ask yourself: What kind of investor am I? Knowing if you are an aggressive or conservative investor is the first step to knowing how you should invest your money. Determine your risk tolerance First you
Life Events – Review Financial Strategies
If nothing ever changed in your life, you could probably chart your financial and investment strategies and then forget about them. But your life is full of changes — and many of them will require you to take a new look at how you save, invest and protect your family. Let’s run through some of the
What’s Your Objection to Term Life Insurance?
One objection to purchasing term life insurance is just that: when the term is over, the policy is finished. That’s it. No more coverage. Many people worry they will outlive the policy period and ‘waste their money’
