What is the best age to get Life Insurance?
Life insurance is designed to protect your family and other people who may depend on you for financial support. It pays a death benefit to the beneficiary of the life insurance policy. So, when is the best time to get life insurance? The optimal age for purchasing life insurance is technically right after birth. Life […]
How Age Changes The Way You Think About Money
Did you know that your age partially influences your perception and how you use money? Well, neuroscience today focuses on the brain’s changes as one age from birth to death. For instance, a recent study found out that our brain’s processing speed is quickest at the age of 18 and slowly begins to decline henceforth. It also […]
Can I Afford Not To Have Insurance?
The real purpose of health insurance is not to save your life (just as the purpose of auto insurance is not to reduce your chances of an auto accident). Health insurance–like auto, homeowners and other forms of property insurance–is designed to protect you from financial risk. One obvious risk faced by those who go without […]
Best Advice When You Make Mistakes With Money
Let’s take a quick quiz. Count how many times you answer “yes” to the following questions: Have you ever… Overdrafted your checking account? Forgotten to pay a bill? Spent more than you earned? Acted on bad financial advice? Chosen to spend your money instead of save it? Ignored a financial problem instead of dealing with […]
Panic Selling…….Don’t Be STUPID!!
Is the World Ending? Should I Sell? During times of high volatility, it can be very tempting to want to pull out of your stock market investment. But according to a recent study by Bank of America this might be the worst thing you can do. Nobody can fully predict the markets which is why […]
