A Scientific Approach To Monthly Cashflow Optimization

2019-02-03 19_08_20-100$ photo by Pepi Stojanovski (@timbatec) on UnsplashWhen it comes to managing one’s monthly cashflow, how does a behavioral scientist go about doing it? Today’s article outlines the monthly cashflow optimization system of one behavioral scientist – one that he has refined over many years to “maximize [his] happiness per hour spent thinking about money.” For more – including why he only budgets for “boulders”, why he self-insures rather than buying as much insurance, how his system helps protect against lifestyle creep, and more, CLICK HERE.

Read More

How Tax Reform May Have Changed Your Life Insurance Needs

2018-02-27 06_30_24-Free stock photos of life insurance · PexelsIn considering how the new tax law affects your finances, the author of today’s article advises not to neglect its potential impact on your life insurance, noting that the “Tax Cuts and Jobs Act made significant changes that impact the use of life insurance as an estate protection vehicle and modified the tax ramifications of selling a life insurance policy on the secondary market as part of a life settlement.” For how the TCJA may have reduced the need for some individuals to have life insurance – and how it may make selling a life insurance policy on the secondary market more appealing – CLICK HERE.

Read More

The Quest For Affordable Long-Term Care Insurance: 5 Insider Tips

2016-10-09 08_02_35-Films & TVWhile the Department of Health and Human Services estimates that almost 70% of those turning 65 today will require long-term care at some point (and 20% will require it for longer than five years), today’s article acknowledges that – shocked by the prices – too many are choosing to forego this insurance. As such, today’s article outlines five “insider tips for finding affordable long-term care insurance.” What does one insider say is “the ideal age” to begin shopping for long-term care insurance? Why does another insider recommend against adding riders to your policy? CLICK HERE to read more.

Read More