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life insurance

How to Build Wealth, Inflation, Roth IRA, and Permanent Life Insurance

Financial Literacy Lesson 18 – How to Build Wealth, Inflation, Roth IRA, and Permanent Life Insurance

Financial Education Course – Step #5, How to Build Wealth This is going to be the last post of this Financial Literacy course. You’ve made it this far. So, let’s finish this out STRONG! Here are some ideas: Passive income streams (i.e. real estate, renting out rooms as Airbnb) Investments in the markets (i.e. mutual …

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what's included with a permanent life insurance policy

Financial Literacy Lesson 14 – What’s Included With a Permanent Life Insurance Policy?

In the last post we talked about term life insurance, today we’ll talk about permanent life insurance policy. Here are the similarities and differences between permanent life insurance vs term: The similarities is that both permanent life insurance and term offers a death benefit. The differences is that for permanent life insurance… It’s kept for …

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temporary life insurance

Financial Literacy Lesson 13 – Temporary Life Insurance

What is temporary life insurance? Temporary life insurance is protection for a specific period of time. We’re talking 10, 20, or 30 years. It’s the most affordable because it provides a death benefit. Term insurance, a form of temporary life insurance, expires after a certain term (i.e. 10, 20, 30 years) that’s why it’s called …

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life insurance questions

Financial Literacy Lesson 12 – Life Insurance Questions

Life Insurance First Questions – Rule of Thumb Your life insurance should cover 10X your annual family income If your annual household income is $100,000, that means you need $1 million death benefit. If your annual household income is $50,000 that means you need $500,000 death benefit. Life Insurance Questions – Second Rule of Thumb …

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