ELL Financials
26/07/2021
THE DIFFERENCE BETWEEN SAVING, INVESTING AND SPECULATING
TALK TO A FINANCIAL CONSULTANT NOW TO LEARN MORE AND KNOW WHAT APPROACH IS SUITABLE FOR YOUR FINANCIAL GOALS AND NEEDS!
Video Credit to Pinnacle Advisory Group
LEVERAGE YOUR SAVINGS FOR YOUR MEDIUM TO LONG-TERM GOALS THRU COMPOUNDING INTEREST
TALK TO A FINANCIAL ADVISOR NOW TO KNOW HOW YOU CAN START LEVERAGING YOUR SAVINGS!
Video Credit to Dan Lok
20/07/2021
PAY YOURSELF FIRST
"Pay yourself first" means that you should pay your own savings and investment accounts first. You are "paying" your future self by saving for your long-term needs and expenses. For example, paying yourself can include:
✅Putting money into a retirement account/program
✅Buying insurance, including life insurance and long-term disability care
✅Paying into a health savings account
✅Creating an emergency fund
✅Paying off debts
When you pay yourself first, you are prioritizing your long-term financial well-being. Rather than focusing only on immediate needs, such as bills or entertainment, you pay your future self by saving before you do any other spending.
Source: TheBalanceDotCom
18/07/2021
WHERE ARE YOU ON THE JOURNEY OF BUILDING YOUR FINANCIAL PYRAMID?
Like constructing the great Egyptian pyramids, finances take a long time to build. Financial independence, preserving our wealth and leaving a legacy are what we are all striving for, but we get there by working our way up the pyramid. We need to remember that everyone is on the same journey, but at different stages, so don’t feel discouraged if you’re not where you want to be yet. (IslandSavings)
TALK TO OUR FINANCIAL ADVISOR NOW TO HELP YOU MANAGE, BUILD, STRENGTHEN, PROTECT AND PRESERVE YOUR FINANCIAL PLANNING PYRAMID!
MONEY MISTAKES TO AVOID IN YOUR 20's
Source: The Financial Minimalist PH
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