You can benefit from market gains without directly investing in stocks by utilizing an Indexed Universal Life (IUL) insurance policy. This type of policy allows the cash value to increase based on the performance of a stock market index, such as the S&P 500. With features like floors and caps on index performance, individuals can […]

Most people start their financial adventure by creating a standard account, which they only use for checks and deposits and are not looking for savings accounts and specific features they may offer. Many of these individuals let their money sit in these accounts until it reaches a certain amount, at which point they start looking […]

The typical scenario is that you get your paycheck. After you recover from the shock at how little is left after taxes, you divide it among all your outstanding bills, intending to put whatever is left over into your savings. Do you pay yourself first? But nothing seems left over, and your savings don’t grow. […]

Are you searching for life insurance coverage that combines the flexibility of universal life insurance with the potential for higher growth in a cash-value account? Indexed Universal Life Insurance (IUL) might be your perfect solution. This innovative type of policy allows you to link the cash value to the performance of a stock or bond […]

We have all heard the advantages of investing in a mutual fund over trying to pick individual stocks. First of all, mutual funds hire professional analysts who are market experts and devote many hours of study to the various stocks. Unless you want to devote much of your free time to studying financial reports, you […]

There are several different types of investments and many factors in determining where you should invest your funds. Of course, determining where you will invest begins with researching the various available types of investments, determining your risk tolerance, and determining your investment style – along with your financial goals. If you were going to purchase […]

The word “frugality” has left a more negative connotation for most people than simply being a saver, a cheapskate, or a tightwad. There is a thin line between saving and too much frugality to the point of being awkward and ridiculous. This is where the negative connotation comes from. But you will never go wrong […]

Stock picking is a very complicated process, and investors have different approaches. However, it is wise to follow general steps to minimize the risk of investments. This article will outline these basic steps for picking high-performance stocks. Step 1. Decide on the time frame and the general strategy of the investment. This step is very […]

Think hard about such a decision before you declare bankruptcy because you are stuck with several debts. There are good debt management techniques that you can opt to use to help you ease your way through your debts. The process is not easy. Financial problems are never easy. This is especially true if you owe […]

You say you know where your money goes and don’t need everything written down to keep up with it? I issue you this challenge. Keep track of every penny you spend for one month, and I mean every penny. You will be shocked at what the itty-bitty expenses add up to. Take the total you […]