Is Wealth Accumulation Tied to Luck?

There is often debate on the role that luck plays in accumulating wealth. Some argue that wealth accumulation is a matter of hard work, commitment, and good decisions, while others believe luck is a factor. However, there are actions that those with wealth initiate in their wealth accumulation approach.

As we begin the New Year, it is crucial to plan one’s financial goals strategically. Preparing is always beneficial, given the uncertainties of an evolving global economy and fluctuating markets. Here are ten things to consider when planning New Year's financial goals.

The onset of a New Year often brings a spirit of change and improvement. One area of life that often receives excessive attention in the New Year is our finances.

The primary goal of financial awareness is to establish and maintain healthy financial habits. Financial awareness aims to help people understand things such as budgeting, setting financial goals, making informed investment decisions, interest rates, managing

For some people, managing money may feel like walking on a tightrope, juggling endless expenses. But with accountability, you can turn managing money into a positive endeavor.

Have you ever wondered how some families maintain their wealth over several generations? What's their secret sauce? The answer may lie in using life insurance to establish a legacy that lasts over multiple generations.

Debt can hinder financial confidence when you spend more than you make and borrow using credit. Other financial problems may occur, such as inadequate emergency or retirement savings.

Establishing financial wellness is a personal, ever-changing state of being that enables one to exercise choice while feeling in control of finances.

The average household with credit card debt had a balance of $7,149 in 2020. For the average household carrying credit card debt as of September 2020, this equates to an annual interest of $1,155.

The questions around auto insurance center not so much on whether to have it—it’s mandated by state law, required by your lender, and serves to protect your assets—but what kind of coverage you should purchase.

One reality of life is that risk is ever present. It exists in our commute to work, in our investment choices, and in our lifestyle decisions. Some risks can be transferred to an insurance company (e.g. auto or homeowners), while others we assume ourselves.

When you read about money matters, you may see the phrase, “getting your financial house in order.” What exactly does that mean? To some, when your financial “house is in order,” it means it is built on a solid foundation.