by Ray | Debt Elimination, Financial Planning Basics Guide, General Finance
This is the continuation of our financial planning guide if you have missed earlier topics here is a review. Before we go on to the next step in our financial planning process and to the second level in the financial pyramid we need to discuss debt reduction. Reducing...
by Ray | Financial Planning, Financial Planning Basics Guide, Insurance
We have covered Life Insurance and Critical Illness Insurance in our insurance series so far. However, I have not touched much on Disability Insurance because it’s one of the most difficult policies to understand. It is also the most expensive one and one where...
by Ray | Financial Planning, Financial Planning Basics Guide
In our financial planning guide we have almost completed level 1 of the financial pyramid and are ready to move to the next step in our financial planning process. We have covered the basics of personal finance and financial planning and only if you have these steps...
by Ray | Financial Planning Basics Guide
When it comes to personal finance and financial planning people often forget a very important aspect, Wills and Power of Attorney. Although having a Will and Power of Attorney is not going to help you reach any financial goals directly, it is an important aspect of...
by Ray | Financial Planning Basics Guide, General Finance
Emergency fund is a vital part of financial planning. Building an Emergency fund is step 5 in our financial planning process. Last week we looked at why insurance is important in personal finance, emergency fund is similar to insurance and is just as important in your...
by Ray | Financial Planning, Financial Planning Basics Guide, Insurance
Life insurance is a very important part of good financial planning. As I have mentioned several times before in personal finance, protection is the outmost important aspect of personal finance. When it comes to personal finance many forget about insurance, I believe...