To save means to set aside, keep, reserve, conserve, or stockpile. National Savings Day (October 12th) was created to drive awareness about the importance of saving. To quote Warren Buffett,…
Author: BrightDime
We all have that pile of “important” documents that we’re not sure if we should keep or toss. Or maybe you get most things electronically now and have been saving…
An umbrella insurance policy is a type of additional liability insurance that supplements your homeowners, renters, auto, and/or boat insurance policies, if due to a claim, those limits are exhausted.…
A durable health care power of attorney (HCPOA) (sometimes referred to as health care proxy, advanced medical directive or medical power of attorney) is a legal document that you sign…
A durable power of attorney (POA) is a legal document that you sign giving a named individual(s) authority to help you with any and all matters (banking, check writing, investing,…
A power of attorney (POA) is a legal document that you sign giving a named individual(s) authority to help you with any and all matters (banking, check writing, investing, taxes,…
A living will (sometimes referred to as an Advanced Medical Directive) is a legal document that allows you to pre-emptively express your wishes and provide instructions regarding medical treatment and…
A Will (sometimes referred to as Last Will and Testament) is an expression of your final wishes, and how you want your personal property and financial assets to be distributed.…
Compound interest is a key component to growing your investments. Basically, when interest is paid on the principal (or your investment account earns a positive return) that interest or return…
An individual retirement account or IRA is a type of investment account designed to help you invest money for retirement in a tax efficient manner. IRA’s have annual contribution limits…