What are you really worth? Americans used to save over 14% of what they made, but now Americans are hardly saving at all. Many people don’t feel they are worth anything, and hence they don’t save anything. This is tragic!

How much should you save? Some say you should have enough saved to live on for 6 months, some say enough for 3 years. Both those options beat having just $500 like 50% of Americans, but are they right for you?

Also on this show: If guaranteed policy values are based on a 4% return, and I you are paying 5% interest on a policy loan, are you only paying a net 1%? As you may suspect, there is more to the actual results of this example than what appears on the surface.

Join Tom and John on Wealth Talks, as they discuss the answers to these questions.

Resources:

10-20-70 Budgeting System & Worksheet: https://www.life-benefits.com/10-20-70-budget-system/

Order Winning Your Financial GAME & Workbook: https://ao160.infusionsoft.com/app/manageCart/addProduct?productId=208