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Many use these policies in their estate plans or as buy/sell or even key-man policies. The purpose of them is very misunderstood, and there are many better ways to do this without overpaying for life insurance.
Audio Production by Podsworth Media - https://podsworth.com
You have flexibility, but it should only be used when you NEED to, not all the time. Paying premium makes you money.
Audio Production by Podsworth Media - https://podsworth.com
Many people feel embarrassed when we meet that they have term life insurance. I do not hate term; it has it's use, just not for the long-term.
Audio Production by Podsworth Media - https://podsworth.com
Here are some updates from the insurance company that I write with. Most likely very similar to any company, but good information for policy-holders to know.
Audio Production by Podsworth Media - https://podsworth.com
3 things I do not buy into 100% are gold/silver, cryptocurrencies, and velocity banking. Are they useful? Perhaps... yet I don't understand a lot of the hype or why these are the end-all, be-all for some folks.
Audio Production by Podsworth Media - https://podsworth.com
Keep in mind, if you are looking for advice from others, your approach will determine your success.
Audio Production by Podsworth Media - https://podsworth.com
The naysayers will always say your new idea will be too hard, too much work, etc. However, your new response is, "pick your hard." You may be willing to put the hard work in because you have a passion for what you are doing. Their passion lies somewhere else.
Audio Production by Podsworth Media - https://podsworth.com
Who is right in this fight? Who is the door mat, and how long do we sit around waiting?
Audio Production by Podsworth Media - https://podsworth.com
Here are some things that will raise your credit score quickly with minor effort.
Audio Production by Podsworth Media - https://podsworth.com
You don't get to count your debt as paid-off if you come into money. Be honest and keep paying yourself; those are the basics of the Infinite Banking Concept.
Audio Production by Podsworth Media - https://podsworth.com
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