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This month is Life Insurance Awareness month. I will be posting information to help bring some clarity on life insurance and all that it has to offer for building financial literacy.
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Scott posted an update in the group Member Business Listings: 2 days, 17 hours ago · View
The Seven Wonders of Life Insurance
If someone asked you to name the Seven Wonders of the World, could you? The one that pops into most people’s mind is the Pyramids at Giza. Other ancient won- ders, like the statue of Zeus at Olympia and the Hanging Gardens at Babylon, have succumbed to the ravages of time, making them harder to recall.
Why are the Pyramids such an enduring symbol? Their grand pres- ence, of course, is a clear reason—they rise up majestically out of the desert. Their iconic shape is another—their strong, solid bases have ensured that these ancient structures are still here today. Perhaps that is a lesson for creating an enduring financial strategy: Create a strong base with a fundamental financial tool—life insurance.
Life insurance should serve as the foundation of your family’s finan- cial security, helping to ensure that your loved ones will be alright financially even if something were to happen to you.
1. Buys time
Allows loved ones to focus on their grief by helping to pay for the funeral and other final expenses.
2. Provides a fresh start
Lets loved ones start with a clean slate by helping to pay off credit card bills, outstanding loans and even the mortgage.
3. Generates income
Helps replace lost income for years to come so that surviving family members can continue to pay for life’s necessities.
4. Offers flexibility
Gives a surviving spouse the chance to take time off from work or to switch to a job that offers a more flexible work schedule.
5. Creates opportunities
Can provide funding to start a business, or pay for schooling so surviving family members can train for a new career.
6. Funds the future
Offers a way to fund longer-range goals like a college education for the kids or a secure retirement for a surviving spouse.
7. Leaves a legacy
Gives parents the chance to leave future generations with the legacy of long-term financial security.
Life insurance…
September is Life Insurance Awareness Month,
the perfect time to think about all the wondrous things that life insurance can do for you and your family. But that can only happen if you’ve done the proper planning. So don’t wait another minute. Schedule time to meet with an insurance professional in your community or your benefits manager at work to make sure that you have the right amount and type of insurance to protect the ones you love.
LIFE is a nonprofit organization dedicated to helping consumers make smart insurance decisions to safeguard their families’ financial futures. Learn more at http://www.lifehappens.org © 2009 LIFE 2009. All rights reserved. -
“Those of us who did make it have an obligation to build again. To teach to others what we know, and to try with what’s left of our lives to find a goodness and a meaning to this life.”
Platoon 1986 Charlie Sheen Meaningful Living -
”There are seven things that will destroy us: Wealth without work; Pleasure without conscience; Knowledge without character; Religion without sacrifice; Politics without principle; Science without humanity; Business without ethics.”
— Mahatma Gandh -
“I firmly believe that any man’s finest hour, the greatest fulfillment of all that he holds dear, is the moment when he has worked his heart out in a good cause and lies exhausted on the field of battle – victorious”
Vince Lombardi quotes (American Football Coach, national symbol of single-minded determination to win.1913-1970) -
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“Nothing in this world can take the place of persistence. Talent will not; nothing is more common than unsuccessful people with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan ”press on” has solved and always will solve the problems of the human race”
Calvin Coolidge quotes (American 30th President of the United States, 1872-1933) -
Success is to be measured not so much by the position that one has reached in life as by the obstacles which he has overcome while trying to succeed.
Booker T. Washington (1856-1915)
Up From Slavery (1901) -
“A gift is pure when it is given from the heart to the right person at the right time and at the right place, and when we expect nothing in return”
Bhagavad Gita quotes -
Scott and Darren Smith are now friends 1 month, 1 week ago · View
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“Talent wins games, but teamwork and intelligence wins championships.”
Michael Jordan -
“Every accomplishment starts with the decision to try.”
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Scott posted an update in the group Building Economic Empowerment: 1 month, 2 weeks ago · View
I’ve always been one to listen to things and then get the information for myself. Here’s a link with a summary for the Financial reform bill: http://tinyurl.com/Financial-reform-summary
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He is a wise man who does not grieve for the things which he has not, but rejoices for those which he has. ~Epictetus
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