Many of us have goals in my mind but very few have them written down . There are many books written about goal setting and all of it can be confusing . I have to rewrite some of my goals and take out those that I was able to achieve . It feels great to achieve a goal and when you take it off the list it confirms success . Keep goals clear , measurable , timeline to achieve a goal and not too many . The formula I use is simple and works for me . Be brave and write down your goals and keep yourself accountable . Enjoy your journey !
Insurance provides cash and it is that simple . When does it provide that cash ? At time of disability , after you survive a critical illness , when you need long term care and death . If you are not concerned about financial consequences caused by a condition keep your money for something more valuable . Delivering a cheque reminds me why I chose my profession . When I am able to tell a widow that she has enough money to have her son attend law school in September and that she has no financial issues I look at my profession for what it is . It has never been about making sales , attending conferences or flashing my recognition trophies . It has always been and will always be about protecting people by delivering cheques at time of disability , critical illness , long term care and death .
New Year is coming and most of us have dreams we want to become a reality : more family time , better relationships , more financial success , more free time , better health , inner peace , love in our lives and many more . Dreams can become reality and faith must be present with commitment to action . I find that taking action is a difficult step for some as they get discouraged . Having the strong desire will get us motivated to move in the direction of our dreams . When I was training for my first professional football camp I had a strong desire which pushed me through long workouts and there was a purpose . What is your purpose ?
There is so much going on during holiday season and activities can sometimes overshadow the important things . We live in a very paced society that needs to be constantly stimulated . When we here people saying I am bored who are 18 years old that is a problem . I will make an effort this holiday to RELAX and enjoy my time with family . What about you ? Work can wait !
There are a number of ways that you can buy insurance and save tax dollars . Depending on province you live in , insurance can be purchased with lower after tax dollars or even on a tax deductible basis . Corporations can own , pay for and be beneficiaries of life , disability and critical illness insurance . The rules that CRA has set out how to structure coverages and when premiums can be deducted as a business expense . Your insurance advisor has to have complete knowledge and can not solely depend on insurers to guide them because at the end of the day he or she is responsible for giving wrong advice . I belong to a group called Canadian Advanced Life Underwriters which is very clear on tax issues as it is also in close contact with CRA to ensure it's members are getting accurate advice on many issues.I see it as my responsibility to educate myself in order to know more then simply selling a product and professional advisors do this to better serve their clients . Deduct or not to deduct ?
Would you like to know how to save yourself life insurance premiums ? Maybe you are saying this is a sales marketing pitch ! NOT ! Best time to buy insurance : when you are healthy , when you are young , when companies are underpricing their product to gain market share and maybe best time to buy is now . There are a number of reasons you should review your coverage now . Premiums are going up and that does not look like it will stop any time soon . Permanent insurance rates (Whole Life ,Universal Life and Term to 100 ) are all increasing due to many reasons but mostly due to one primary reason being these policies are designed a benefit whenever you die . Companies must price their product to cover future death benefit claims and permanent insurance is a plan that never expires as long as you pay the premium . Short term life policies will pay a benefit maybe 2 percent of the time . Why ? Policies get canceled when renewal period arrives and rates are will knock you out and people convert to a permanent plan ! You still waiting to contact a independent insurance professional ?
Business etiquette is something that is badly lacking with some people and I wonder why . Treating people with common courtesy like responding to a phone message or email to me seams like a common action as breathing . Do people really feel that they are that busy or too important to reply ? Maybe I am missing the boat and should accept these people as "special " . I am a connected individual and relationships are very important in my personal as well as business life . The world is a big place and there are many professional people who better deserve our attention so I say good bye to those that choose to be in my opinion rude !
Have you ever thought how these things fit together : accounting ? Legal ? Insurance ? Investments ? Banking ? Most people do their planning as a series of activities like maybe having a personal as well as a business will but rarely have all the pieces of the puzzle come together . We have been assisting individuals and corporations put all these puzzle pieces together to make a beautiful picture and leave nothing left to chance . Yes we are recognized as one of the premier advisors in providing financial products when needed to solve a risk or investment advice however, our knowledge is much more rounded . We do not charge a fee for our services and we get paid in two ways : if there is a product needed we get to provide you with a solution and we welcome referrals which is how our clients are mostly derived . Testimonials on our web tell some of the story , www.tkfg.ca , but a discovery meeting will give you a indication if there is a fit for both of us to work together .
