Warren Buffet and Compound Interest?

I just read an article on yahoo finance about compound interest.  The article was rather straight forward and basic.  Don't get me wrong, there is a need for such articles as so many people have almost zero financial education.  In fact,…

Love and Prosperity

I have been a member of Partners for Prosperity for a long time.  There is an article on their website that is simply well written.  Please take the time to read it. Love and Money: The Surprising Wealth Predictor   The facts are…
College Opportunity Costs
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Student debts can rob you and your child’s future!

Can you say college loans? Can you afford a college loan? These are questions that are plaguing young Americans who are just coming out of college and are preparing to go to college. A recent article titled the stunning truth about how students…
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Personal Savings Rate is an Indicator of National Greatness

"Our prosperity as a nation depends upon the personal financial prosperity of each of us as individuals." Those are the opening word to the foreword of George S. Clason's timeless classic The Richest Man in Babylon.  Although they were possible…

Taxation and Life Insurance Contracts

If you have read much of our blog at all you know that professionally designed life insurance is one of our favorite tools to use. This blog will deal with the taxation of life insurance contracts.  Tax season for a lot of people is not a fun…
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Which insurance company is best for IBC?

This is a question we get a lot.  A picture (Diagram) is worth a thousand words, so......
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Cash Is For Criminals?

You read that right.  That is not a tongue and cheek question but rather a reactionary question to a recent article published by ABC Australia entitled; "Cash is for Criminals: Why we should scrap big notes."   According to an economics professor…

What Is THE Best Age To Take Your Social Security?

Do you know many people lose thousands, tens of thousands even hundreds of thousands in lost benefits by taking their benefit incorrectly? You have the choice to start collecting Social Security anytime between the ages of 62 and 70?  The burning…
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BOLI Continues to Increase

Why do Banks own life insurance or commonly referred to by the acronym BOLI (bank owned life insurance)?  According to banking rules, banks must keep a certain amount of tier one capital to protect them against failing. Tier one capital is…
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“BACK TO SCHOOL” NOT SO BRIGHT WITH 529 PLANS

This time of year there is a certain shift in the air - the smell, the feel.  It means the start of football season, and the start of another school year.  With the beginning of a school year comes a little more rigidity in our planning and…