Resources
How To Maximize Social Security Benefits
As you plan on your retirement, one of the best, prudent financial moves you can take is to maximize your Social Security benefits as much as possible. The question is, why and how? The main reason for this course is that when you retire, the sources of income and...
FOUR REASONS FOR YOUR MONEY WORRIES.
A life of financial freedom is the ultimate dream, at least for most of us. It is thus no surprise that you have worked hard in school and managed to acquire that well-paying job with all the benefits, hoping that it will set you on a path to financial freedom. Still,...
The Banker’s Secret Bunker Part 3
The BOLI, CUOLI, COLI and YOU! Banks have gained a lot of success from life insurance, but it does not mean that they are the only ones entitled to these benefits. Credit unions have also joined this Investment by buying life insurance, known as CUOLI (corporate-owned...
The Banker’s Secret Bunker Part 2
Why banks buy life insurance Banks' primary objective of buying life insurance is to acquire the benefits not available in their products and other institutions. Compared to the bank's products that are taxable and low rates, life insurance offers a guaranteed growth,...
The Banker’s Secret Bunker Part 1
Have you ever wondered why banks keep making supernormal profits while you barely make anything material from savings in the same banks? Banks have a little-known strategy for investing their savings that ensure survival even during any economic turmoil. As banks...
The Positive Economic Impact of Debt
Credit may get a bad warp, causing dread and fear in the lives of millions, but does it deserve it? Credit moves the economy- each person's credit line is like a pump that pulls money around in the economy by creating the ability to spend where it didn't exist before....
The Rise of Bitcoin and Cryptocurrencies
Cryptocurrency is a digital currency whereby a decentralized system verifies transactions and maintains records using a concept known as cryptography. Bitcoin is a form of cryptocurrency and is currently the highest valued and most popular form of that currency....
Building Cash Flow vs. Paying off Debt
The importance of creating passive income from assets cannot be understated. In today's economic climate, many people are finding it more difficult to balance their income and expenses. The good news is, you can make a huge dent in your financial issues by simply...
6 Ways in Which You Can Go Bankrupt
Normally, life is full of surprises, and we always face unprecedented events that may drain our bank accounts if not wisely handled. One day, you may have millions in your bank, while the next day, you might have nothing due to unforeseen situations. Here is a list of...
Should You Give Your Child a Debit Card?
Are you in a dilemma of whether to acquire a debit card for your child or not? If yes, you are exactly in the right direction because every caring parent have their children at heart. Some questions you might be asking yourself include: • What most probable age to...