Why retirement savings? Many people dream of retiring with peace of mind, financial independence, or at least a level of financial security and freedom. This is not just some random or selfish goal. Usually, when people reach a certain age, their income levels start...
What exactly is financial planning? You’ve probably heard the term "financial planning" a lot, but do you know what it means? It has two key aspects – one related to companies and other legal entities and the other applicable to individuals. Financial planning is...
Do I need asset protection at all? When we speak about assets, the first thing that comes to mind is stocks and investments. The reality is that people these days possess many more assets, even if they don’t realize it. These include retirement plans, bank accounts,...
Why we need asset protection Many people wishing to achieve financial independence and freedom focus on maximizing the value of their assets. They use various methods for asset management, increase their income through active and passive financial streams, and control...
My SEO company asked me to research a preselected list of the 50 most prominent personal finance and financial independence blogs in the USA and globally. I allocated one weekend for the job and started to review each blog in detail – the topics covered (how to...
Quite often, people are confused about who gets the life insurance payout. What if during the duration of the policy you have more children, not specified as beneficiaries in your previously created insurance? What if you decide to have a separate will? Or simply...
You have more assets than you think Many people accumulate various assets during their lifetime, such as bank accounts, insurance policies, real estate, stocks, options, retirement plans, pension funds, and investment portfolios. Not to mention digital wallets and...
We’ve all seen the myriad of articles that proclaim more or less that you are financially independent if you have income by which you can sustain your quality of life even if you stop working. In other words, if you have enough passive income that doesn’t depend on...
1. The purpose of secure digital vaults People these days have complex assets – bank accounts, life insurances, retirement plans, company stocks, stock options, RSUs, to name a few. In addition to these assets, many of which are digital, people have more and more...
The dirty secret of life insurance You buy a life insurance policy and you name your spouse or children as beneficiaries. You think you’ve finally protected your family and achieved peace of mind – you believe your family is secure should anything happen to you. They...
