There is a lot more to being good with money than just making ends meet, but you don’t need to worry if you aren’t incredible at maths or savvy on the latest finance news. We are here to show you what improving your financial habits doesn’t have to be difficult with 7 practical tips for managing your finances. 1. Have A Budget This is the foundation for any financial plan. Many people may not want to create a budget because it takes time to put together. However, all you need…
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Strategic Wealth Management is an Insurance Policy for Old Age
With more people living longer and healthier than ever before, it is highly recommended that you have a clear financial plan for your retirement years. Worldwide there are 901 million people over the age of 60, and most of these people will live healthy lives. The odds, and the natural cycle of life, mean that you too will join this age group at some point and thus should be prepared. It is the underlying premise of all insurance and perhaps the most pressing pre-planning that many will need to do.…
Read MoreOver 50% of financial advisors selling life insurance miss opportunities to do so
A Saybrus survey shows that many miss the chance to bring plans and policies together. A recent study performed by Saybrus Partners, Inc., has shown that financial advisers will frequently overlook the chance for selling life insurance as an important part of an individual or family’s financial planning. Only 34 percent of the respondents claimed to be “very comfortable” broaching the topic with clients. The survey also showed that 56 percent of advisors have not made it a habit of regularly discussing the importance of this type of coverage to…
Read MoreSurvey shows financial plans should include insurance
According to a Saybrus Partners survey, just under half of the American adults who have received professional financial advising and who have a financial plan have ever addressed the issue of including life insurance as a part of their portfolio. Saybrus Partners is a Hartford, Connecticut-based life insurance partnership company. Among the survey participants who said that they had talked with their financial advisors about life insurance, 15 percent said that the discussion was held over a decade ago. An additional 40 percent had talked about it within the last…
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