Developing Your Money Life And Long Term Finances Through The Fallen Angels

If your financial situation feels good but not great, you might feel like things are falling out of control – and it doesn't have to be that way.

Even when we have good momentum with our money it can feel like things aren't going well sometimes – and we have to recognize that feeling as just our emotions playing tricks on us.

It's not that we don't have a good grasp of what's going on with our money – we just don't feel like things are going well in general, and that can lead to horrifically unwise decisions later when we act on our emotions rather than the facts of the situation – which could be that we're perfectly fine but don't see it.

That is why we need some very strong spirit guidance so that we don't get off track – it won’t be so difficult to welcome in a far stronger financial situation, and we won't have to pull ourselves through excessive challenges in order to get there.

Building up your finances in a way that you can count on your money situation long term – relying on much wiser and more stable finances as you go along – that is how we should live.

We should never descend into past mistakes that we made with our money – we need to get smarter and bring those decisions from the past where we fixed our mistakes moving forward, and bunch of spirits can help us with that …

Lavel – Helps to develop your finances in a way that you are much wiser and smarter, making far fewer mistakes and embracing a money life full of abundance and greater cash flow long term.

This can be a crazy effective power to apply to your financial life – once you see that your money can be stretched and made to last far longer than you could ever imagine, life can get very interesting because you know your money can be made far more efficient than you ever considered.

We are not trying to make something impossible happen here – making your money last longer and making far wiser decisions is simply a matter of changing your mindset and thinking, and once that happens your money situation will never look the same.

Another spirit can help with financial growth in a way that most simply don't think about …

Eshaliah – Brings you to understand your finances perfectly so that you make much smarter decisions with your budgeting and spending going forward; enables you to increase your cash flow in a way that you always have extra cash on hand and never spending your money needlessly going into the future.

Often we don't realize how much of our money goes to unnecessary stuff we buy that we end up not needing and regretting – and that needs to stop.

When you tweak your budget in such a way that your crappy spending goes down and you keep more of your …

Benefits and Risks of Life Insurance Premium Finance

Life Insurance Premium finance is the safer way of purchasing life insurance, especially for high net worth individuals. It allows a company to borrow the cost of life insurance premiums. It usually occurs when the company has a very high premium that makes it necessary to borrow the amount in part or in whole to prevent reducing the company liquidity.

More often than not, traditional lenders don't provide premium financing, and business owners need to look for specific premium financing providers to secure the loan.

Benefits of Premium Finance

When a company releases a large amount of payment, its owner must first consider whether the funds are needed for the daily operation of the company or for the expansion of the business. And in order to prevent liquidating some of the company assets or using key funds, financing is required.

More often than not, businesses depend on some type of loan to be sustainable. Premium financing is often a part of the debt cycle for company with high corporate owned life insurance costs.

A business owner can finance multiple policies via a single agreement that allows the owner to make a single insurance premium payment a month. In most cases, insurance companies accept premium financing and accept payment straight from the finance provider. When that is the case, the premium finance company will bill the business owner instead of the insurer.

Premium Financing of Non-Qualified Executive Bonus Plans

Premium financing can be used on non-qualified executive bonus plans, which are available for vital employees of any type of corporation. The employer has the discretion to select the workers to cover and the amount of the bonus. The business owner pays for the premiums on the policy, and the employee has to pay tax that's equal to the premium amount.

Financing of 770 Accounts

A 770 account is a permanent life insurance policy that has been structured to maximize its cash value. By maximizing the total death benefit and cash value, you can maximize the cash value of the life insurance policy. More often than not, the cash value is tax-free and can be accessed at anytime.

770 accounts have a very competitive rate of return and can be used as collateral. But the premiums can be high. High net individuals or business owners can resort to financing in order to keep up with the premium payments without the need to liquefy assets.

As you can see, financing life insurance premiums can help individuals and companies that need to pay large amounts of premium. It allows them to stay liquid while providing insurance coverage to oneself or one's employees. This is ideal for corporate owned life insurance programs as well as private banked owned life insurance policies.

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My Tips on Improving Your Finances for Life

There is no way to avoid dealing with money and finances these days. Therefore you should try to learn as much as possible to help you make good financial decisions and to increase your confidence about money.

When you make a budget, it should be realistic regarding your income and spending habits. Be sure to include all of your income such as alimony, child support, rental income, or any other. Always use your net income not your gross earnings in these calculations. Once you have the numbers, you can consider how to adjust your spending to stay within your income range. To maintain your budget never exceed your incoming cash flow.

The next step is to total up your expenses, and you should make a list of all monthly expenses. Your list should document each and every expense that you have whether it expense, spontaneous or just a one time expense. Remember that this list needs to have a complete breakdown of your costs. Be sure to add in expenses that you have from restaurant dinners and fast food as well as grocery bills. Reduce expenses linked to your cars, such as gas and insurance. If you have payments that you make quarterly or less frequently, divide them up to reflect a monthly payment. Make sure you include incidental expenses, for instance, baby sitters or storage unit rentals. Try to have the most accurate list possible.

Now that you have a good idea of ​​your income and expenditures, you can start planning a new budget. Look at each spending on your list, and decide what you could do without. If you normally buy coffee from a cafe, calculate how much money you would save on a weekly basis if you bought it from McDonald's instead, or made it at home. Exactly what and how much you are willing to compromise is completely up to you. The first step is identifying expenses that are not necessary so you can use the money for something else.

If your utility bills are rising, you may want to upgrade your appliances to save some money. Upgrading to well-fitted double-glazed windows, for example, can reduce your heating bill dramatically. Besides you can repair any leaky pipes and only run the dishwasher with a full load.

Swap old, inefficient appliances for those that use less energy. Although doing so may cost you some money upfront, over the long-term you will save a fair penny on your utility bills. Unplug the appliances you do not need. In time you will notice significant savings in your energy consumption.

You can make a significant decrease in your heating and cooling bills by improving your insulation, as well as the roof above it. Insulation or roofing issues can be very costly, as maintaining a regular temperature in the home can be expensive. If you invest in the upgrades, it will save you a lot of money in the long run.

Using these tips not only saves you money, but it …

Why Life Insurance is Very Important Before Investing Money

Many people ignore insurance. They are not familiar with the different benefits they can get out of buying life insurance. They feel like they are just losing money if they will spend money for buying insurance. In the world of personal finance, insurance has a big role.

In personal finance, we are commonly talking about saving money, budgeting money and even how we should spend our money wisely. Those are just basic things to talk about in personal finance. We should also talk about emergency funds and insurance.

Emergency funds will not discuss in this article. I believe you will prepare your emergency funds before you will invest your money. I will give you some reasons why insurance is very important particularly life insurance. Are you ready?

Investing is very exciting and rewarding. But don't dive into investing immediately unless you have emergency funds and most of all – health and life insurance.

Life insurance is very important because it serves as an income protection for the whole family who rely financially to the family's breadwinner. If the breadwinner is insured and he died, the family will not suffer financially since they can have the money to use to survive.

In the world of insurance, the money that the family members or beneficiaries are known as the "benefits". The insurance company will give an exact amount of money to the beneficiaries of the insured person.

Most of the time, the beneficiaries are those people who rely financially to the insured. Therefore, if there are people who rely to you financially, you should also immediately purchase life insurance policy.

Okay, enough talking about the benefits. Let's know the reasons why you need to buy life insurance before you invest money.

Your investment funds are not enough to help your loved ones financially. The ideal coverage or the face amount that your beneficiaries should receive when you died is amounting to the equivalent of 3 to 5 years annual income.

Example, if your annual income is one hundred thousand dollars ($ 100,000), your beneficiaries should have half million dollars when you died.

If you are just started investing money and your funds is amounting to $ 75,000, your family will be in financial trouble if in case you died.

Life insurance is one of the important thing to consider before investing money. Don't ignore it. Don't be in a hurry. Carefully plan your investment plan and one of your investment plan is to protect your income first. I hope you learned something today. If you have any questions or want to know more about investing, you can read blogs, ask on forums or attend investing seminars.

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How to Set Personal Life Goals for Growth

Change is said to be the only constant in life. Who you were five years ago is not the person you are today. However, you might be feeling like you are just drifting through like aimlessly without any target for where you want to be.

If that feels like you, then you probably have not set any life goals for yourself. Life goals are important because they give guide you, give you focus and a yardstick to know when you are headed in the right direction.

What are life goals?

When most people think of personal development, finances come to mind. However, personal development entails continuous expansion of various facets of your life including spiritual, social, mental and physical.

If any one of these facets of your life isn't in order, then all the others might crumble. Self-development, therefore, is multi-faceted and a continuous process that seeks to achieve self-actualization. It therefore never stops.

How to Set Personal Life Goals

You probably have heard that goals should be SMART. This means that they should be specific, measurable, attainable, realistic and time-bound. When your goals are SMART, you are able to visualize them and set up a plan on how to achieve them in the decided time-frame.

Before you jump into writing down SMART goals, you must visualize your life in five or ten years to come. What do you want to achieve by then?

Take the large goals and the big picture and break it down into smaller goals that you should achieve progressively starting today. The smaller you break down your goals, the easier it becomes to achieve them. As you achieve smaller goals, you get motivated because the bigger picture becomes that much closer every day.

Categories you Might Set Life Goals In

As stated earlier, personal development is multi-faceted. It involves all aspects of your life including the following: career, financial, education, family, health, attitude, physical, pleasure, social, love, relationships and spiritual.

It is essential that you focus on all aspects of your life and aim to get better every day.

Take Action

Setting goals and having a plan is one thing; but without action, it all becomes wishful thinking. It is important, therefore, that you start today to work on your goals. As started earlier, it becomes easy to achieve the bigger goals when they are broken down into smaller ones.

Do something daily or weekly that works towards your long term goal without thinking of how long you have to do it. This will prevent you from feeling overwhelmed by how much you have to achieve.

Conduct Progress Reviews

You will not know how far you have come unless you are able to measure your progress. A progress review helps you know whether you are still on track or you have derailed off what you should have been doing.

You can choose when to do the progress reviews based on the goals you need to achieve. You can do it annually, semi-annually or even quarterly. …

Benefits of Life Insurance for Seniors

The majority of senior residents of North America are not able to afford long-term care due to the high cost. Only a few seniors use their insurance to cover the expenses for long-term care. This is a serious issue; too many seniors are unprepared for these costs, leaving them and their families at financial risk. There is a solution: purchasing life protection can help cover all possible expenses for long-term care. There are also several other advantages of purchasing life insurance for seniors; find out about these below.

Provide Financial Support for Your Spouse

Married elderly couples are often anxious about leaving their better halves with debt after passing away, and for good reason. Funerals in countries of North America are quite expensive – they can cost as much as $5,000 or more. Not every family can afford these costs, and that is why life coverage comes as a practical solution.

Life protection policies can fully cover the expenses of the funeral and burial of one spouse, and that coverage can bring some peace of mind to the insured person. Covered by a life protection policy, the individual can be sure that his or her significant other will receive the necessary support to deal with the financial side of a funeral.

In addition, a surviving spouse can use the funds from the coverage to increase the benefits from their pension plan.

Life insurance for seniors makes it simpler to deal with the expenses of a funeral, and that means the financial pressure does not add to the already-stressful situation.

You Can Still Get Life Insurance If You Are Sick

A lot of the insurance companies that provide traditional life protection policies often refuse to provide life protection for seniors who have pre-conditions. A serious illness poses a high risk to your life, not to mention the fact that advanced age also contributes to that increased risk. These are the main reasons an insurance company will decline your life insurance application.

Having a pre-condition does not mean you are left without life coverage at all, though. There are many insurance companies that do provide insurance for people who cannot or do not want to undergo a health exam. This type of insurance, often called no medical life insurance, does not require a medical examination for qualification; however, this feature also makes the price of this type of insurance higher, compared to a traditional life protection policy.

There are two types of life insurance policies that do not require a health exam: guaranteed issue and simplified issue. Guaranteed issue insurance plan requires no medical tests and no medical questions; that means that you are approved for this insurance automatically, but you will have to wait two years before the policy starts to work. Simplified issue insurance requires you to answer a series of questions, but there is no medical examination, and the policy provides coverage from day one.

The Bottom Line: Life Insurance Is a Reasonable Choice for Seniors

Progress in …

Insurance Agents Name Choices – Insurance Specialist, Financial Planner, or Life Advisor?

Are you one of the plain insurance agents? Agents often prefer to upgrade their title as an insurance specialist or financial advisor on their business card. Names like life advisor reflect positive experience and knowledge. Which of these different terms distinguishes you from being just one of the insurance agents? Here are 101 top choices to pick from.

There is a lot more to a name then may realize. Calling yourself an agent or sales agent makes you sound run of the mill. It also projects the sound of a salesman trying to sell you something. Few people enjoy feeling a person is selling them anything, it stinks of pressure. This is why in this list of different terms you will see how high words like specialist, expert, and professional rank. The prospect gets a completely new perspective, just by the title you give yourself! Prospects closely take notice when an agent jointly works with them in reaching a decision on what is the best plan of action. Prospective clients want to feel like they are part of the decision process.

Important internet search tip: to get an accurate count use quote marks around your term, “insurance specialist” will only give you that term in that exact order. Without the quotes you would also get all instances of people searching terms such as specialist insurance, specialist in writing insurance claims, specialist in automobile insurance sales, etc.

To give this article value, in front of each of the insurance agents distinctions is the number of current Google listings. This way you can easily see how often internet views “insurance agent ” look-up terms like specialist, planner, representative, and. advisor. Please remember the Google count figures often change daily.

1. 10,600,000 = financial advisor

2. 6,690,000 = insurance agent

3. 4,280,000 = financial planner

4. 2,120,000 = investment advisor

5. 1,780,000 = insurance agents brokers

6. 1,600,000 = investment adviser

7. 999,000 = insurance guide

8. 735,000 = insurance specialist

9. 638,000 = financial expert

10. 604,000 = financial professional

11. 590,000 = financial specialist

12. 513,000 = life pro

13. 433,000 = insurance professional

14. 431,000 = health insurance agent

15. 322,000 = insurance expert

16. 271,500 = insurance salesman

17. 269,000 = life professional

18. 268,000 = life insurance agent

19. 253,000 = insurance consultant

20. 252,000 = insurance advisor

21. 244,000 = insurance sales representative

22. 219,000 = insurance manager

23. 218,000 = estate advisor

24. 217,000 = insurance executive

25. 189,000 = estate planner

26. 186,000 = independent insurance sale

27. 179,000 = insurance sales agent

28. 155,000 = insurance seller

29. 130,000 = insurance producer

30. 126,000 = investment representative

29. 120,000 = insurance authority

30. 119,000 = insurance representative

31. 112,000 = life agent

32. 107,000 = life insurance specialist

32. 104,000 = life specialist

33. 102,000 = insurance adviser

34. 89,900 = insurance sales manager

35. 86,200 = licensed insurance agent

36. 85,200 = insurance manager

37. 71,000 = health agent

38. 66,600 = insurance …

Why Selling Life Insurance Is Better Than MLM Or Network Marketing

People tend to buy what they want and what they need. But no body wants to buy Life Insurance but it is bought because it’s needed. MLM typically sells the newest and the latest and greatest idea, thing or concept. People will buy it in hopes that they can use the product as a visual aid to get others to make a similar purchase.

A huge difference with Life Insurance is that you really cannot buy it you can only apply for it to find out later if you have been approved. People are more likely to fill out an application for Life Insurance to see if they qualify in hopes that they can receive its protection. On the other hand with MLM’s it’s all about buying the dream. But the dream is never real. In other words no matter the product or service in MLM it is never a need. MLM’s do not feature anything that you must have. It is all about the emotion just wanting more. The MLM sale is more about the imaginary hype than the reality of the experience.

We Know We All Die

In this world we all die. The only way to get out of here is to die. Reality says that when we die someone will be left to mourn our death. Reality also says that we must be buried and with that comes an expense. If we do not prepare for the inevitable it can create a hardship for our family members thus interrupting the mourning period. To not apply for a Life Insurance policy is like not caring about your family and what burdens may come there way without you.

MLM do not have that kind of power. Cell phones, lotions potions and pills, legal services, water filters, make-up, to name a few, are all being sold as MLM products. True if your car breaks down in the middle of the night having a cell phone would be a great idea. Being told by a judge to not return to court without a lawyer makes having a legal plan essential. However, when the need runs out will we still keep the product? With Life Insurance the need only gets filled one time. The plan is designed to protect us on a daily basis because no one can predict when there own death would occur.

The Unexpected Happens Unsuspectingly

Death is always unexpected. At the writing, a week ago I watched on the news as a teenaged boy makes the winning basket in a high school basket ball game and then drops dead minutes later. How sad, at a moment when he, his family and friends should have been celebrating they all turned into mourners unsuspectingly. Believe it or not Life Insurance is not sold for that reason.

Life Insurance is sold for what it does not for what it is. In the headlining story preceding this paragraph what do you think is most important to the family? After the sons …

Life Insurance Fraud

Life insurance fraud is a black eye on both life insurance companies and life insurance customers. Both parties have been guilty of life insurance fraud and will be again–especially since, sadly, fraud seems to be on the rise according to most statistical measures.

Research by the non-profit The Coalition Against Insurance Fraud concludes that life insurance fraud committed by all parties costs an average household $1650 per year and increases life insurance premiums by 25%.

Life insurers are most often guilty of insurance fraud in the form of their agents doing “churning”. This is where the agent seeks to cancel your existing life insurance policy and replace it with a new policy that is paid for by the “juice”, or cash value, in your existing policy. Agents do this to earn more commissions for themselves without having to seek new prospects for business. Churning can result in increased premiums for a customer and clearly costs them out of their cash value.

Another insurance fraud practiced by agents, however, is called “windowing”. This is where, being unable to attain a client’s or applicant’s signature on a necessary document but already having that signature elsewhere, the agent holds up a signed document behind the unsigned document, presses it against a window to make the light shine through, and traces over the signature with a pen in order to forge the signature of the client or applicant.

When big name insurance companies have their agents do bad things it makes big headlines, but the fact is that the public is far more guilty of insurance fraud than companies are. And of course making false claims is the thing they do the most, which is why all claims on life insurance death benefit payouts are subject to investigation.

But falsely stating background or financial income information is another form of insurance fraud often engaged in by consumers. They might be embarrassed by their medical history or income, or they may realize that if they tell the truth they will have their coverage diminished or their premiums will be very high. If a life insurance company finds out someone lied on their application they have the right not to pay the claim or not pay the full death benefit depending on the circumstances and the policy.

But there are things that buyers of life insurance can do to protect themselves against insurance fraud, since they don’t have the great investigative resources that life insurance companies do.

Remember, when it comes to life insurance, if it sounds too good to be true, it probably is. There’s no free lunch.

Save all of your life insurance paperwork, including getting receipts for every penny you give your agent, and never ignore any notifications from your life insurance company.

Life insurance is never free and it’s not a pension plan, although certain policies can indeed become self-funding–but they never start off that way.

Never buy any coverage that you feel strongly is unnecessary, never let yourself be pressured, and …