What is lazy money? It is money in your tanks that is not performing well for you or is being wasted through inefficient systems or structures, thereby creating unnecessary wealth transfers. Do you have money that could be working better for you?
Here are a few areas where you may have "lazy" money1 that could be better utilized to work more efficiently for you:
Are you ready for the New Year? It's time to make sure your finances are on track for the year ahead! If you haven't already, this is a great time to meet with a financial professional and take stock of your goals and objectives. The New Year is also a great opportunity to reassess old habits and set some goals for working toward improved health and wealth in the year(s) to come.
It is only natural for us to worry about our finances, especially during a crisis such as a pandemic, as it affects so many facets of our everyday lives. Nevertheless, financial stress is a big deal - no matter the cause - and needs to be addressed.
Cash Value Whole Life insurance is one of the most misunderstood financial tools (by financial advisors as well as the general public), so we wanted to clear up some common misconceptions about the unusual benefits provided by this unique financial vehicle.
There are many different types of life insurance, but the most commonly used are Term Life, Whole Life, and Universal Life.