Renting or buying is a question that needs careful assessment of our own values and priorities, however we still can perform a reasonable analysis and help ourselves really understand quantitatively what each option entails. Renting a place is a simpler…
Employers nowadays are rarely providing pension plans also known as defined benefit plans which used to be the norm in the past. Fortunately, mid and large companies are now usually offering the so called defined contribution plans which are a…
In the last couple of decades savings accounts have lost its appeal due to the minimal interest rate they are offering. Although that might not be changing drastically any time soon due to the low interest rate environment dictated by…
When doing financial planning for a client or for yourself, one can use different financial planning models in order to frame ideas, goals, and resources to create the plan. The models I use are acting as complements to each other…
After we discussed the different insurance products and their uses it is time to look into the process you should be aware of once you decide you would like to purchase a life insurance for yourself. Usually, a traditional insurer…
In the last post we discussed some of the attributes of life insurance, its uses and how to decide how much death benefit to buy. We also elaborated on how to choose the right company and shared some resources for…
In my post How to plan for the unknown I started discussing some of the incentives and benefits of owning a life insurance and we saw that some people might need one to achieve peace of mind or other family…
In my first post about financial planning I have discussed some of the benefits and framework I would use to help people plan for their financial needs. I have also listed several common goals which I will be delving into…
Financial planning is one of the things every person will sooner or later encounter in his life. Naturally there are many people that ignore the importance of it and never do the effort to plan for their finances but I…
Our people are our greatest assets. This statement sounds correct and is used very often in today’s business reminding us that the company by itself is the people who work in it. However, it sounds incomplete to me so I…