Steps in the financial planning process
YOU CAN BUILD YOUR FINANCIAL FOUNDATION! It's time to TRANSITION from a "I/we can't afford that mentality" to a new HOW CAN I GET SOME NEW FINANCIAL KNOWLEDGE TO MAKE THIS POSSIBLE. Here's what a SOLID Financial Foundation looks like... #1. Having a Family Budget to tell your money where to go, instead of wondering where it went. YOU HAVE TO GIVE YOUR MONEY AN ASSIGNMENT...and you do this via a budget; planning in advance what amount of household money will be spent on what things............ .
A Financial Security Living Benefits Story
A Financial Savior Living Benefits Testimonial
This family Finances got saved with a living benefits policy
This plan saved this Mom and her son's finances and health insurance .
You must understand the difference between GOOD DEBT (Assets) vs. Bad Debt (Consumer goods that will not go up in value).
1) Make saving and investing a MAJOR part of your life.
2) CUT OUT all of the "Non-essential" expenses and change your spending habits to intentional spending only.
3) SAVE to INVEST.... Become an investor. Buy assets that will go up in value. Keep in mind, wealth happens through the accumulation or ownership of assets.
4) Actively work to lower your taxes via pre-tax contributions using 401k/403b's, SEPS's, etc.
5) Build additional Tax-free Retirement Savings using ROTH IRA and Life Insurance IULS.
6) Focus on credit repair or good credit maintenance.
7) Learn the Wealth Formula and implement it ASAP.
8) Set-up & utilize a Family Operating Budget customers a reason to do business with you.
Indexed Universal Life (IUL) for Kids is the most flexible savings tool on the market. You can set-up their college savings plan or store away funds for their wedding.
Contact us for an estimate today DrAmy@lawsagency.com
Life Insurance has Changed!
Procrastinating is one of the most damaging things you can do when it comes to your retirement savings. But there is still time, and the best time to start planting that seed is today!
The biggest difference between the wealthy and the middle class is the time the wealthy spend thinking of ways to minimize their taxes. Learn how taxes can make an enormous impact on your retirement savings, and how to minimize that impact.
Compound interest: It may be compound, but it's NOT complex! Learn more about how compound interest can be your best friend if it's working for you, and devastating if it's working against you!
What is the best college savings plan for kids? As tuition costs continue to skyrocket, proper planning for your child's college expenses is becoming more and more important. Learn how a little planning can go a long way toward ensuring that your future college grad isn't buried in student loan debt by the time she starts her career.
Learn how Indexed Universal Life Insurance (IUL) can capture market growth while providing protection from market losses. Life Insurance has changed drastically in the last 25 years! This unique wealth-accumulation vehicle provides policy-holders with the potential to enjoy a happy, healthy, non-taxable retirement.
Check out this great video. Learn how a living benefits policy saved this family.
Do you have a will? Medical directive? A Trust? What is probate?
Do you have some of your retirement funds in an Annuity?
WE ARE ALWAYS LOOKING FOR NEW AGENTS TO JOIN OUR INSURANCE AGENCY If you are Ready for a New Career or need some Part-time Income, watch this video and then send Dr. Amy an email stating your interest DrAmy@LawsAgency.com
The content within this website is for informational and educational purposes only and does not not constituted legal, tax or investment advice. Tax and/or legal advice are not offered by Dr. Amy Hymes, HNA Management Solutions, Inc., Life & Annuity Wealth Systems (LAWS), The Alliance Group or their affiliated companies. Website visitors and video content consumers, please consult your own personal tax professional or legal advisor for further guidance on tax or legal matters regarding your own situation. Please note that insurance products and any related guarantees are backed by the claims paying ability of an insurance company. Insurance policy applications are vetted through an underwriting process set forth by the issuing insurance company. Some applications may not be accepted based upon adverse underwriting results. Some types of permanent insurance may require consistent premium payments, or the policy may risk lapsing. Unpaid policy loans decrease future death benefits paid to beneficiaries. Excessive policy loans may cause the need for future premium payments. If a contract lapses due to excessive policy loans or if a customer chose to surrender their policy, one may be subject to tax payments for policy loans that exceeds the premiums paid. Excessive premium payments may cause the policy to become a modified endowment contract. Policies classified as modified endowment contracts may be subject to tax when a loan or withdrawal is made.
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