|Wealth Plan TV (2.6.3) Keys to Wealth | Income and The Flow of Money
Wealth Plan TV in this segment of the program the flow of money is examined again looking at income in particular. Not necessarily do you have to cut back on expenses to develop wealth as there are several aspects to the whole concept in the “Keys to Wealth”. Income is an integral part of the “Keys to Wealth”. You can develop wealth by increasing income from your current position, getting a second job or from a business you own such as a service business or a network marketing business.
The first key to wealth in the flow of money is, income. Seek advice from your financial planner about insurance premiums, your level of insurance cover or your need to increase your income.
Phil Testa of “Multi Function Solutions” a world wide business specialising in multilingual labels puts the hard questions to Kerry Sharp.
What about the level of premiums for insurance? Look at need and cost in life insurance and the amount of premium you will pay. Level premiums are a bargain after 5 years.
Even if someone is not earning income what they do in your life is worth money and you need insurance cover for your spouse. The value of the insurance could be based on the domestic services you would have to pay for upon the demise of a spouse.
You Tube video link: http://youtu.be/q_Q-RJGWoU8