“Let go of the mentality of spending money for immediate gratification to protect yourself in the long term."
Economic self-reliance: the ability of a person, place or nation to endure successfully without additional financial support from government or other agencies.
If they can get you asking the wrong questions, they don’t have to worry about answers.
Is Money Worth the Paper It’s Printed On?
Life insurance is often equated with the death benefit alone and spoken of as something you "need" only if you have dependents. This is a limited understanding of permanent life insurance and its living benefits.
According to the consulting firm Accenture, boomer parents will be distributing about $30 trillion to their millennial descendants over the next 30-40 years.
If you’ve ever walked into a financial planner’s office or a brokerage firm, chances are you were handed a “risk assessment questionnaire," or something like it
Saving money provides the crucial foundation that allows us to then invest successfully.
The numbers are in, and people are living longer! The CDC calculates that overall life expectancy in the U.S. is presently 78.7 years, with women outliving men by an average of 5 years, or 81 years vs. 76 for men. (Longevity is one area where there is no gender equality.)
Prosperity Economics questions the financial assumptions we’ve come to accept as true and provides an alternative to “typical” financial planning. It employs common-sense principles and strategies that preceded the rise of 401ks and the financial planning industry.