Posts Tagged ‘disability insurance’
Financial Risks And Personal Finance Risk Management, Part 1
Risk management is a methodology to mitigate negative consequences resulting from threats and uncertainties. In this article, I’ll be exploring financial risks focused on personal finance and how to minimize these risks. Since risk management is a huge topic, I am going to limit it within the scope of the REAL Wealth Building [...]
You would never take out an insurance policy on behalf of your bank and pay its premiums, would you? But that’s exactly what you’re doing when your credit card company convinces you to buy life and disability insurance. The sales pitch plays upon fears of the unknown:
What if you became ill or disabled and [...]
Recently, my friend Patrick from Cash Money Life wrote, “Your Greatest Asset is the Ability to Create Income.” In it, he said:
“What is your greatest asset? Most people think it is their house. They are wrong. Bank account? Wrong again. For the vast majority of people, the greatest asset they have is the ability [...]
