Saving for retirement is a must for anyone who is of working age. It’s important to have the right type of retirement account, however, as different types of accounts are available to meet different needs. If you’re a business owner who has no employees, then the solo...
What Is Private Mortgage Insurance (PMI)? Private mortgage insurance, or PMI, is a type of insurance for your mortgage. If you put down less than 20% on your home when you buy it, you’ll most likely be required to purchase PMI. Although you’re paying for the PMI, it...
Modern investing technology has put the power of investing into the hands of the masses, giving nearly any individual with an internet connection access to global markets at their fingertips. With almost zero investment experience or industry knowledge, a person can...
Perhaps you’ve spoken to a friend at some point who sang the praises of an annuity and you thought…this sounds like a good idea. Or maybe you need a way to create a guaranteed stream of income and think an annuity may provide that avenue. Maybe you are an avid...
How to teach my children about finances – Part 1 – “Work-For-Pay” Mentality In accordance with our vision of seeing a society that is financially wise, we wanted to parents about the younger generations. In this episode of Allgen’s...
