The marketing practices of many life insurance companies require new agents to refer family and friends early on in their training so they can quickly generate commissions as well as profit for the insurance company.  This training practice encourages the sale of life insurance products that may or may not be in the best interest …

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What is Infinite Banking? The basic idea of the Infinite Banking Concept (IBC) – aka Becoming Your Own Banker – is built around funding whole life insurance and then leveraging the cash value via policy loans to self-finance debt, personal and business expenses, investments, and even to provide passive income for retirement. Some love the …

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The savings rate in the US has been going up a bit recently but it’s still lower than what it should be. Generally speaking, people aren’t saving enough money to have financial peace of mind. But, when someone does save money there are a host of decisions to be made on how to keep that …

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Becoming your own banker, the infinite banking concept, bank on yourself and other financial concepts promote the idea of using the life benefits of life insurance. Many people think life insurance is for when you die, that’s true, but you can also use life insurance while you’re still alive. There are benefits to using life …

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A Quick Overview of Dividends Table of Contents: What is a Dividend? The Four Life Insurance Dividend Options Where to Go from Here Frequently Asked Questions KEY POINTS Dividends in Life Insurance: Dividends are payments from the insurance company to policyholders, typically for whole life insurance policies. They vary based on the company’s performance and …

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Meet Denzel and Meryl Steyn from Queensland, Australia! Queensland is known for its beaches, tropical islands and lush rainforests and has a climate similar to Miami. The Steyns are grateful to call it home. July 4th marked the Steyns 38th wedding anniversary. They are full of love for their family, and they are grateful to …

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Table of Contents: Life Insurance and Home Purchases Guidelines on Leveraging Life Insurance for Home Acquisition Using Life Insurance Cash Value for House Purchase When Can I Take a Loan Against My Whole Life Insurance? How Much Can I Borrow Against My Insurance Policy? Is Life Insurance a Practical Tool for Wealth Accumulation? How Much …

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Disclaimer: Investing information provided on this page is for educational purposes only. McFie Insurance does not offer advisory or brokerage services, and does not recommend or advise investors to buy or sell particular securities. Table of Contents: Understanding a Volatility Buffer Understanding the Role of a Volatility Buffer The Role of Volatility Buffer in Counteracting …

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Table of Contents: Keep your business and personal expenses separate Invest in bookkeeping software (and a bookkeeper) Establish a budget Maintain accurate business records Select an accounting method Maintain updated financial records Optimize accounts payable (AP) terms and invoicing Segregate accounting responsibilities Monitor significant high-cost expenses Plan for significant investments strategically Exercise diligent oversight in …

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Table of Contents: Where Should You Keep Savings for Your Grandchildren? How to Save Money for Your Grandchildren Tips for Saving After You Stop Working Create a Savings Plan With McFie Insurance Saving for your grandchildren can help them with costs they’ll face when they grow up. This could be for college, their first house, …

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