longtermcareguy  

Isn't it funny how some things come back full circle?

It was just about ten years ago in California when people started withdrawing equity from their homes and buying sports cars and boats, renovating their homes, and taking lavish vacations.

It was no big deal for Californians with no solid financial foundation to spend $50K on gas guzzling SUVs.  A guy I know bought an used SUV and the auto insurance alone was $500 per month!  I don't have to tell you what happened to him and his family. Thank God their marriage was able to withstand the financial stress of an increased mortgage, falling equity, and a poor economy.

Here we are in 2009. California families are now saying what did we did wrong?  Did we forget the lessons taught by our parents to save money for the future and invest money with the long term in mind?

More and more Americans are returning to traditional financial planning strategies. First, by living within one's means, more people in 2009 actually started family budgets.  Second, families are spending less on eating out, extravagant birthday parties for children, and impulse buying based on emotions.

More importantly, Californians are buying insurance to protect their families' futures.  Five years ago, people used to laugh at 3 to 4% rates of returns.  Now, with uncertainty in the stock market, these percentages don't look so bad.  Of course, based on your age, the stock market may offer better, above average returns over the long haul.  Still, people are realizing that protection for the surviving spouse and children, in the present, is equally important to investing for the future.

All applicants must complete an application and underwriting is done by insurance carriers.

Please contact Clarence at (888) 824-6919