The document provides advice and recommendations for newly married couples to set up their financial household and plan together. It recommends creating a household budget that allocates money across common expense categories like housing, transportation, debt payments, savings, and other expenses. It also advises couples to pay down any debt accumulated before marriage, communicate openly about spending habits, and avoid credit abuse. The document emphasizes the importance of saving for emergencies, short-term goals, children's education, and retirement to plan financially for both short- and long-term needs.
YOUR OPPORTUNITY
Where do you want to be in 5 years? 10 years? What about right now?
What if you could have the benefits of a traditional business career, but without someone else controlling your income, hours, partners and overall job security? Maybe you’re comfortable in your job, but would like to increase your opportunities and income without trying to balance the multiple schedules created for you. Technology is continuing to advance and the business world is rapidly changing. You’re going to be working anyway- shouldn’t you enjoy it? Shouldn’t you control it? Welcome to Financial Education Services.
At FES, we’ve combined the flexibility of working for yourself with the stability and management of a business which has already been established and achieved success. You don’t need to invest a bunch of money, store inventory or learn the technology behind our advanced financial programs; you just need the motivation and work ethic to create a strong, dependable team and continue to develop yourself as a leader within your organization. Your opportunities are limitless. The harder you work the more you’ll gain.
You’ll also have security in knowing the innovative products and services you are distributing are of the utmost quality and yet are continuously improving. The demand for our services is growing each and everyday, fitting the needs of various people throughout your community, at all stages of life. Make a difference, change your life- know that the hard work you’re putting into today is building and benefiting your financial opportunities for the future.
www.myfes.net/BRobinson1
The Best Way to Buy Sell or Replace Life Insurancefreddysaamy
http://ekinsurance.com/pennsylvania-life-insurance/
Traditionally, life insurance is purchased during your working years to replace your income for your family in case you died. But if you are retired, do you still need life insurance?
YOUR OPPORTUNITY
Where do you want to be in 5 years? 10 years? What about right now?
What if you could have the benefits of a traditional business career, but without someone else controlling your income, hours, partners and overall job security? Maybe you’re comfortable in your job, but would like to increase your opportunities and income without trying to balance the multiple schedules created for you. Technology is continuing to advance and the business world is rapidly changing. You’re going to be working anyway- shouldn’t you enjoy it? Shouldn’t you control it? Welcome to Financial Education Services.
At FES, we’ve combined the flexibility of working for yourself with the stability and management of a business which has already been established and achieved success. You don’t need to invest a bunch of money, store inventory or learn the technology behind our advanced financial programs; you just need the motivation and work ethic to create a strong, dependable team and continue to develop yourself as a leader within your organization. Your opportunities are limitless. The harder you work the more you’ll gain.
You’ll also have security in knowing the innovative products and services you are distributing are of the utmost quality and yet are continuously improving. The demand for our services is growing each and everyday, fitting the needs of various people throughout your community, at all stages of life. Make a difference, change your life- know that the hard work you’re putting into today is building and benefiting your financial opportunities for the future.
www.myfes.net/BRobinson1
The Best Way to Buy Sell or Replace Life Insurancefreddysaamy
http://ekinsurance.com/pennsylvania-life-insurance/
Traditionally, life insurance is purchased during your working years to replace your income for your family in case you died. But if you are retired, do you still need life insurance?
How Parents Keep Control Both During Their Lifetimes And After They Are DeadBruce Givner
Irrevocable trusts are required if you want to engage in estate tax planning, asset protection planning (creditor planning) and even in a great deal of income tax (including capital gains tax) planning. However, parents are not thrilled at the idea of having to give away assets to a trust that they cannot revoke!! Do you mean that they can't change it? What if they change their minds about their children? About the trustee? Happily, there are many ways to make the parents comfortable that even though the trust itself is unable to be revoked, it is flexible. The parents, of course, pick as the initial trustee the person they trust to do whatever he or she is told without question but simply out of loyalty. More importantly, the parents can - at any time, without a reason - remove the trustee and name a new one (as long as the new one is not "related or subordinate" as defined in IRC Section 672(c)). The parents can advise the trustee to drop the assets down into a single member LLC and appoint the parents as the non-managing members. The trust can have a protector who can be given the power to remove the trustee; to change the allocation among the children; to add grandchildren and spouses of heirs and charities as beneficiaries; to change the manner of distribution to the heirs. Under California law if all of the beneficiaries and the grantors agree, they can amend an irrevocable trust without having to go to court. There are also other ways to change an irrevocable trust, e.g., decanting to a new trust with better provisions. The trust can start off as a grantor (disregarded) trust for income tax purposes and it can "flip" or "toggle" to a complex trust and, perhaps, flip back again. So, the goal of this presentation is to make people aware that there are ways to make parents comfortable with irrevocable trusts, without which planning would be difficult, if not impossible.
Subprime Meltdown: From U.S. Liquidity Crisis to Global Recessioncharlesbrownell
How the housing market spilled over into the credit market and that spilled over into the stock market and that spilled over into your local supermarket.
Here is a great document about stopping the foreclosure process in Michigan. You can also find more information at www.stopmichiganforeclosure.com it is a website with a lot of valuable information about avoiding foreclosure on your home in Michigan.
SAMP Dinner Meeting September 15, 2021
Current Issues in Mortgage Lending
RESPA Affiliated Business Arrangements, Bitcoin and Blockchain, Climate Change, Pricing Exceptions
14 05-17 the most common flaws in estate planningBruce Givner
The most common flaws in estate planning including the failure to get started, the failure to maintain fresh documents, the failures in many documents, failures in asset transfers, failure to consider family issues, and failures through overplanning and underplanning.
How Parents Keep Control Both During Their Lifetimes And After They Are DeadBruce Givner
Irrevocable trusts are required if you want to engage in estate tax planning, asset protection planning (creditor planning) and even in a great deal of income tax (including capital gains tax) planning. However, parents are not thrilled at the idea of having to give away assets to a trust that they cannot revoke!! Do you mean that they can't change it? What if they change their minds about their children? About the trustee? Happily, there are many ways to make the parents comfortable that even though the trust itself is unable to be revoked, it is flexible. The parents, of course, pick as the initial trustee the person they trust to do whatever he or she is told without question but simply out of loyalty. More importantly, the parents can - at any time, without a reason - remove the trustee and name a new one (as long as the new one is not "related or subordinate" as defined in IRC Section 672(c)). The parents can advise the trustee to drop the assets down into a single member LLC and appoint the parents as the non-managing members. The trust can have a protector who can be given the power to remove the trustee; to change the allocation among the children; to add grandchildren and spouses of heirs and charities as beneficiaries; to change the manner of distribution to the heirs. Under California law if all of the beneficiaries and the grantors agree, they can amend an irrevocable trust without having to go to court. There are also other ways to change an irrevocable trust, e.g., decanting to a new trust with better provisions. The trust can start off as a grantor (disregarded) trust for income tax purposes and it can "flip" or "toggle" to a complex trust and, perhaps, flip back again. So, the goal of this presentation is to make people aware that there are ways to make parents comfortable with irrevocable trusts, without which planning would be difficult, if not impossible.
Subprime Meltdown: From U.S. Liquidity Crisis to Global Recessioncharlesbrownell
How the housing market spilled over into the credit market and that spilled over into the stock market and that spilled over into your local supermarket.
Here is a great document about stopping the foreclosure process in Michigan. You can also find more information at www.stopmichiganforeclosure.com it is a website with a lot of valuable information about avoiding foreclosure on your home in Michigan.
SAMP Dinner Meeting September 15, 2021
Current Issues in Mortgage Lending
RESPA Affiliated Business Arrangements, Bitcoin and Blockchain, Climate Change, Pricing Exceptions
14 05-17 the most common flaws in estate planningBruce Givner
The most common flaws in estate planning including the failure to get started, the failure to maintain fresh documents, the failures in many documents, failures in asset transfers, failure to consider family issues, and failures through overplanning and underplanning.
Servicio Dedicado de Internet a través de una red propia de fibra óptica a nivel nacional. Soporte técnico 24x7x365 con SLA. Integración de telecomunicaciones con sedes remotas a través de una red privada,seguridad dela información, seguridad perimetral.
What are windows object? Are global variable some way part of window object? What are window timer methods? What is the difference in setTimeOut and SetInterval? Which is better? Things which we all should know before using `setTimeout` and `setInterval`.
If you have all these question then you are at right place :)
#kiprosh
Lending & Borrowering Out of Your IRAryankimura
This presentation talks about creating notes with your IRA. It shows you how a century old investment strategy can get you double digits returns with the safety and security of a tangible asset to collateralize the note. This is how Banks make money and you can too with your IRA.
United Credit Education Services reveals the 10 myths about credit and the credit reporting agencies. Credit Restoration is legal thats why we have the Credit Repair Organization Act.
Dean Graziosi - 7 Ways to Finding Funding Right NowDean Graziosi
Find Funding Right Now - 7 Ways to Fund Your Deals In Today's Down Market..
We're going to give you specific go-to resources that will help you to locate financing in these seven major funding resource categories:
- Community Banks and Credit Unions
- Friends and Family
- Government Funding and Grants
- Investors
- Hard Money
- Lines of Credit
- Short Term Funding
1. Marriage & Money Setting Up Your Financial Household Marriage & Money
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Editor's Notes
Everyone looks forward to their honeymoon… but what about the “moneymoon?” It’s when the wedding is over and life together begins — including your financial life.
Creating a few simple plans in the beginning of your relationship can lead to nuptial and financial bliss in the long run! Create a household budget and stick to it! Pay down any debt accrued before you got married. Start saving for your future together Plan for the unexpected. As a couple, create a total financial game plan. Let’s review these five simple steps that can help you keep the moneymoon alive.
Many experts suggest that you should allocate no more than the following percentage of your gross income to the following categories. Gross income is your income before taxes. REVIEW BUDGET GUIDELINES Keeping finances separate or joining your bank accounts is a matter of personal preference. But whatever you decide, don’t forget to communicate! More than 70% of couples say they talk to their partner about money at least once a week. (Smart Money, November 2003)
DO break your bad debt habits. DON’T delay paying off credit cards completely. DO communicate honestly about your spending habits. DON’T abuse your credit. Starting a new marriage with a huge debt load can be burdensome.
DO break your bad debt habits. What’s more of a financial downer than debt? Two people’s debt! And considering the average household with one or more credit cards owes more than $8,000 on those cards, starting a new marriage with a huge debt load can be burdensome. (Parade, July 13, 2003)
DON’T delay paying off credit cards completely. The average American household pays about $1,000 in credit card interest per year. (Money.CNN.com, January18, 2004)
DO communicate honestly about your spending habits. According to a survey, almost 40% of men and women admitted lying about how much something they bought had cost (Smart Money, November 2003)
DON’T abuse your credit. Although it might be tempting to buy furnishings or electronics for your new home, impulse purchases can really add up and harm you down the road. In the fiscal year ending September 30, 1.66 million bankruptcies were filed —- up 7.4 percent from the year before. ( The Atlanta Journal-Constitution , January 18, 2004)
Starting a family or retiring from your job might seem like a long way off, but it pays to start planning early. Saving and investing is an essential part of your financial game plan — and it means more than just putting a few dollars in a savings account. Your savings game plan should include: Emergencies: enough to cover 3 months of expenses Short Term Goals: save up for big ticket expenses Child’s Education: starting early makes a difference Retirement: Social Security can’t do it all
Emergencies: According to a recent survey, only 28% of households said they have enough money saved to weather a financial hardship. (Money, April 2004) If you have to make a home repair or supplement a spouse’s income due to unemployment, it’s essential to have cash on hand. A good goal to shoot for: enough money to cover three months of core expenses. (Parade, January 19, 2003)
Short Term Goals: Maybe you’re dreaming of a summer vacation, new appliances for your home or another big-ticket purchase. Save up for things like travel — it’s better to pay cash than get locked into high interest credit card debt.
Child’s Education: If you plan to start a family, it’s a good idea to think about education as well. With annual tuition at a 4-year public university topping $4,000 in 2003, starting early makes a big difference. (Time, November 2, 2003)
Retirement: Are you among the 30% of workers that haven’t saved a dime for retirement? (Kiplinger’s, March 2004) Start saving and investing now, because Social Security can’t do it all. In fact, the average Social Security benefit check pays just $899 a month. ( SSA.gov, “Social Security Basic Facts,” May 2004) Could you and your spouse live on that?
When you’re married, you may depend on your spouse’s income to help pay the mortgage and other living expenses. No one wants to think about tragedy or loss, but you should discuss with your spouse a game plan if something unexpected should happen.
While nothing can replace the loss of a spouse, a term life insurance policy protects your family if something should happen. Depending on your expenses or if you have children, you may need a policy that covers between 6 and 10 times your income. ( Money.CNN.com, August 4, 2003)
In addition to considering a life insurance policy, it’s important to talk about each other’s wishes if one of you should die. A will gives legally binding instructions for the distribution of your property and the care of your children if you pass away.
Planning for the unexpected, saving for retirement, paying off debt… as you start your new life together, does all of this seem daunting? It doesn’t have to be.
Before you smile for the wedding photographer’s cameras, get a “financial snapshot” taken. Primerica offers a free Financial Needs Analysis (FNA). The FNA gives a detailed overview of your current financial situation and suggests a personalized game plan for your financial security. The FNA is complimentary, confidential and customized for you and your spouse.
Your wedding is only the beginning of sharing your life with someone and the FNA is only the beginning of creating a total financial game plan. Your Primerica representative will work with you — in your home — to provide solutions that can help you get off to a great start financially.