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Principles of Personal Finance
July 5, 2018

Principle 1: Save at Least 15% or More

Our savings determines the amount of opportunity we will have in the future and keeps the power of interest on our side.People that don’t save, still spend. Unexpected life events…
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Principles of Personal Finance
July 4, 2018

Principle 2: Maximum Protection

We need to strategically protect ourselves and our assets from all the things that could possibly derail the plan. Protect at the level you would want if the event you…
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Principles of Personal Finance
July 3, 2018

Principle 3: Full Replacement of Assets Upon Death

The death benefit guarantees that a certain amount of money/assets you spend and enjoy while alive will then be replaced upon your death. This is your “license” to utilize and…
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Principles of Personal Finance
July 2, 2018

Principle 4: Six Months to One Year of Income Storage

People with healthy levels of savings, and good saving habits, do not put as much pressure on their investments as people without those good habits.Too often people invest in “get…
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Principles of Personal Finance
July 1, 2018

Principle 5: Velocity of Money

Creating movement and gaining multiple uses of your own money is what creates benefits and reduces your exposure to loss.The best way to understand the principle of velocity is to…
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