Strong passwords for online accounts are a mandatory component of our everyday lives. But how do you keep track of them?Do you use one password for each type of account, e.g., banking, investing, social media? Or do you use your own unique system for generating...
What does ETF stand for? An ETF is an Exchange Traded Fund.In general, an ETF is a basket of securities that you can buy and sell on the relevant stock exchanges through a brokerage firm or an online trading platform. ETFs are similar to mutual funds but give...
What will happen to your assets if something happens to you? Most people are predominantly focussed on maximizing the value of their assets and achieving high wealth status – financial independence, passive income streams, a higher income. Inevitably, there are...
What is asset management? Asset management is a set of procedures focussed on managing digital, financial, and physical assets. Examples of financial assets are bank accounts and insurance policies. An example of a physical asset is real estate. There is not yet a...
Why retirement savings? Many people dream of retiring with peace of mind, financial independence, or at least a level of financial security and freedom. This is not just some random or selfish goal. Usually, when people reach a certain age, their income levels start...
What exactly is financial planning? You’ve probably heard the term "financial planning" a lot, but do you know what it means? It has two key aspects – one related to companies and other legal entities and the other applicable to individuals. Financial planning is...
Do I need asset protection at all? When we speak about assets, the first thing that comes to mind is stocks and investments. The reality is that people these days possess many more assets, even if they don’t realize it. These include retirement plans, bank accounts,...
Why we need asset protection Many people wishing to achieve financial independence and freedom focus on maximizing the value of their assets. They use various methods for asset management, increase their income through active and passive financial streams, and control...
My SEO company asked me to research a preselected list of the 50 most prominent personal finance and financial independence blogs in the USA and globally. I allocated one weekend for the job and started to review each blog in detail – the topics covered (how to...
Quite often, people are confused about who gets the life insurance payout. What if during the duration of the policy you have more children, not specified as beneficiaries in your previously created insurance? What if you decide to have a separate will? Or simply...
