Erin Bui chats about helpful tips on keeping your debt in check (avoid consumer debt like the plague), having your emergency fund, learning about insurance and investments, and basic budgeting and saving habits we should adopt. Her goal is financial independence and she is right on track! Financial independence and stability is my goal. I want to start managing my life without … [Read more...] about Financial Independence Through The Right Habits & Knowledge
Young Families
Crafting Your Financial Power of Attorney
We discuss the important considerations and intricacies of the Financial Power of Attorney document in the estate planning process and difference between the General Power of Attorney and Durable Power of Attorney. This should be part of any estate plan checklist. When preparing to give another person the ability to make financial decisions for you, there are many things to … [Read more...] about Crafting Your Financial Power of Attorney
The Advanced Health Care Directive
We discuss the importance of having an Advanced Health Care Directive (aka Living Will) and the important choices you must make in this living document. The Advanced Health Care Directive, also known as a Living Will, is one of the most important documents in the estate planning process. What this document does is it specifies what should happen to you if you become sick or … [Read more...] about The Advanced Health Care Directive
Breaking The Cycle of Poverty: Start With Your Mindset
Marc Ang gives a pep talk about some financial basics, such as saving money, not spending more than you have and focusing on your financial goals; based on a real life example of a successful retiree, Carla. Having financial basics are key before you even think about insurance and investing and keeps you from being a slave to your finances. Why do some people rise up from poor … [Read more...] about Breaking The Cycle of Poverty: Start With Your Mindset
The Young Family Preparation Checklist
Michelle Sun gives young families and couples just starting out their household, a list of to-do items such as estate planning, life insurance, disability insurance and basic investments. With the birth of a new child comes the celebration of life, but with younger kids comes more financial responsibility and care, especially during the first few years after their birth. A … [Read more...] about The Young Family Preparation Checklist