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Taking Control of Your Finances: Why Financial Planning Matters

International College of Financial Planning

This blog post explains why financial planning is important and how it can benefit you in the future Understanding the Importance of Financial Planning: Financial planning involves setting financial goals, creating a budget, saving and investing managing debt, and planning for retirement and estate.

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Year-End Planning: Do Something Today That Your Future Self Will Thank You For

Carson Wealth

While premiums can cost more than you are willing to pay, no one in an accident has ever said, “I wish I had less insurance.” And in more dire situations, your loved ones named as beneficiaries will be covered. · Home & auto insurance – Review the cost of your current insurance coverage.

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How to Financially Prepare For the Unexpected

Gen Y Planning

What counts as an emergency is up to you, but it might be a sudden job loss, major home repair, unexpected medical bill, car repair, you name it. Growing your emergency fund won’t happen overnight, but there are a few simple ways to start saving: Budgeting : If you haven’t already, consider creating a monthly budget.

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Why do Physicians Need Financial Advisors and How to Find Them

WiserAdvisor

Financial advisors for medical professionals can offer a tailored approach to managing unique financial landscapes. However, physicians are often consumed by the demands of a rigorous medical career, and as a result, they can easily overlook this essential step. This can lead to financial instability in the long run.

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6 Financial Planning Mistakes Physicians Make

WiserAdvisor

Medical professionals may also earn bountiful packages, which can offer them a high standard of living, eliminating the need to be more mindful of their money, save more, or prioritize their future financial security. Creating a budget can help physicians overcome these issues. A budget is like a snapshot of your financial health.

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The Benefits Of Life Insurance: Evaluating Your Needs

Clever Girl Finance

Common living benefits riders include: Accelerated death benefit This rider gives the policyholder a portion of the death benefit if they’re diagnosed with a terminal illness and a shortened life expectancy , which they can use for medical bills and related expenses. Why shouldn’t I delay getting life insurance? In many cases, yes!

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Best Homeowners Insurance Companies of 2022 – Updated for December

Good Financial Cents

That said, not all homeowners insurance is created equal, and the best home insurance companies stand out due to the breadth of their policy offerings, the discounts they offer, and their affordable premiums. With Lemonade, you have the chance to customize coverage to meet your needs. What Doesn’t Home Insurance Cover?