One of the primary questions I’m asked about life insurance is “Is Life Insurance Taxable?”. The IRS has very specific rules about how to handle life insurance payments and for the vast majority of people life insurance is not taxable. When we are looking into these details about life insurance …
Disney World is the “Happiest Place on Earth”, but with it’s ever increasing costs most people wonder how can they afford a trip to Disney World? With two years of planning and direct savings my family of 6 is ready to head out on a trip to Disney World this …
I’m often asked, “What is the best way to pay off your house early”. This is a tricky question because it depends on many factors, such as your current savings rate, the amount of home debt you have, and what your yearly cash flow situation is. In general, the more …
When I wrote Building Generational Wealth, I outlined a system that I think would work well for most people. I have since been asked “how can / should I give more money to my kids or grandkids than what you have outlined?” Synopsis of Building Generational Wealth: For Children: Giving …