Have a helping hand to favor your small business journey Small businesses are often overlooked in favor of large corporations. Despite their importance, however, small businesses face several challenges, such as limited access to capital and lack of expertise. In addition, these businesses often lack the resources necessary to succeed or fail properly. This leaves…
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Financial advisors aren’t just experts at investing Financial advisors also offer other services such as retirement planning, estate planning, tax preparation, and insurance planning. Making it important to take these ten reasons why you should hire a financial advisor. If you have no idea what you’re doing Most people who don’t understand finance make bad…
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Why choose the city of Phoenix to start a business? In the last decade, the Phoenix economy has grown at almost twice the national average. This growth has created new job opportunities for residents. There are over 350 companies headquartered locally, employing nearly 80,000 workers. Many entrepreneurs choose the Phoenix Area because they love its…
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Achieve your financial goals by following the best advice of professionals There are four basic components of a good long-term financial plan. These include saving for retirement, paying off debt, building wealth, and protecting against unforeseen expenses. The goal is to put together a budget and stick to it. Once you establish a spending plan,…
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There are some parents who don’t get life insurance for their children because they don’t want to burden them with financial responsibility. The problem is that if something happens to you, your child won’t get anything. If you die before your kids turn 18, they’ll lose out financially. You should consider buying life insurance for…
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As opposed to whole or permanent life insurance, term life insurance provides coverage for only a specific amount of time. Once the policy expires, the money provided by the policy goes back into your estate. The purpose of term life insurance is to provide protection for your family during a temporary crisis such as unemployment,…
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Financial advisors work closely with clients in many aspects of their lives, including managing investments and helping them plan for financial security both during their working years and when they retire. Brandi Tafoya in Five Rings Financial is a place to find such support and your own financial advisor, who can advise on how to…
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How much time should I spend learning about investing before starting? Is it worth it or would it be better to start with something else? Every beginner investors start from zero. When you invest your money, you hope to earn more than you put into the investment. The question then arises whether you should…
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How would you describe a passive income stream? Is it something that you can start today or is it more like a long term goal? Would you need a financial advisor as Kyle Fuller from Factum Financial to know your current options? A passive income stream is where you don’t actively work to earn money.…
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