While there is plenty of valuable financial advice that you would do well to follow, such as the importance of living within your means, managing risk, and investing for the future, if I could give just two pieces of financial wisdom, it would be to pay yourself first and to take emotion out of your financial plan.
Auto dealers are a tight-knit group. I know this firsthand as I’ve watched my grandfather and father run the same family-owned dealership for the last 50 years. Because of the close-knit mentality, dealers want to make sure that financial professionals know what they’re talking about, that they truly understand the automotive industry before they hand over the keys to any aspect of the dealership.
You know the power of having a financial guide in your corner when things get tough. Do your friends and family have this kind of support?
Auto reinsurance doesn’t have to be complicated. Find out how Jake at JGP Wealth Management can maximize your reinsurance investments!
Do you want to leave a lasting legacy that spans generations to come? If you’re like most of our clients, the answer is a resounding yes! And while this is a noble goal to have, transferring wealth to the next generation can come with its own set of challenges. For example, you might be protecting your assets in the best possible way now, but what happens after it’s transferred? How much could you lose to taxes? Your estate may be protected when it’s in your hands, but will that continue once in your heir’s possession?
How can women start planning for their retirement journey, especially when their life situation doesn’t look like the norm? Between longer life expectancy, lower marriage rates, and consistently high divorce rates, it’s estimated that 80% of women will end up alone. That means it’s never been more important for women to start taking control of their financial life.