Financial Security
Our lives have been compromised and our financial security is at risk. While 2020-2022 have beeen years for the record books, the damage has yet to be calculated.
But what does that mean? We need a plan… Not a government plan, a personal economic plan that protects our finances and provides security for our family and businesses.
If we do not sieze this opportunity to protect what matters now, it could mean total destruction of everything that keeps us secure.
Creating a Financial Plan
For families and business owners, effective financial planning can allow you to establish goals and track your progress. Furthermore, implementing a plan doesn’t have to be hard or complicated.
An effective plan will allow you to make adjustments and implement new strategies and concepts along the way. The ability to compare strategies and run scenarios with different goals in mind can add confidence to your financial decisions.
Why is Financial Security Important?
Our belief is that you must examine the “why” before you can accomplish the “what”. Goals fall short and changes in the macro economy can interrupt our plans. We have to understand why we are implementing our personal economic plan and commit to our why. The what will change, and is simply not enough to keep most on track until completion.
Typically, our family is the underlying reason for why we plan. With family as our focus, we are concerned about asset protection now, and growing our wealth for the future. If you are of the belief that your why is based on your family, then their financial security is of even more importance.
Financial Tools for Security
While investing involes risk, certain financial tools provide security.
Gold and silver have been used as money since the beginning of time. However, since we were removed from the gold standard, our beloved dollar is what we use for money. The value of the dollar is what is being threatened by over spending, and inflationary money expansion from the Federal Reserve.
Precious metals have been considered safe havens for centuries. And, in today’s volatile economy, they are still seen as a secure place to store wealth. These assets have provided safety while other markets may be under performing.
When the economy falters or a financial crisis appears, many rush to gold or silver. Others focus on alternative strategies to protect their wealth.
Real estate and mortgages have often been seen as safe financial tools. Unfortunately, many were burned with the housing crisis, and even these once safe tools have shown their vulnerability. What most don’t understand is that debt and liabilities are very different, and being solvent and in control are more important.
Wealthy families have been using another financial tool that also out dates the Federal Reserve and the Internal Revenue Service. This tool is called dividend paying, whole-life insurance.
Life insurance is the only financial instrument that can guarantee that what you want to happen, will happen. Whole Life Insurance in particular has many benefits that can help you in reaching your financial goals. While stock markets have plunged, owners of this centuries old financial tool have prospered.
Now is the time to act in securing your financial future. Protect your faith, family and finances with with a no cost, online financial consultation.