Does Insurance on Your Pet Make Sense for You?

One of the most common risk management tools is insurance. Most people have insurance for their homes, their cars and their health. This limits their financial liability in case disaster strikes and costs start piling up.

If you own a pet, you also have the option to purchase insurance to cover your pet. According to the North American Pet Health Insurance Association (NAPHIA), there are 179 million pets in North America; however, less than 1 percent are covered by pet insurance.

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Financial Planning 101 - Do You Need a Financial Advisor?

For many of us in life, regardless of what it might be, we typically try to figure how to do things by ourselves. It could be fixing the car, something around the house, or as we’ll be covering here, managing your own investments and finances.

At some point in our life, though, lack of time and knowledge becomes an issue. Most of us can figure out the basics of investing and financial planning, but eventually, you simply don’t know what you don’t know if it’s not your profession.

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Your Ultimate Health Savings Account Guide

Are you familiar with a Health Savings Account (HSA)? If you’re like most people, you’ve heard the term but you’re probably not sure what it is or if it makes sense for you.

If that’s the case, then it’s your lucky day because we’re going to dig into exactly what a Health Savings Account is and, most importantly, why I absolutely love them. So with that, let’s check out a few statistics that just might surprise you.

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Retirement Income - Your Step-By-Step Guide to Not Running Out of Money

Congratulations! You’ve worked for decades to prepare for retirement and now you’re there, or almost there, ready to start what can be the most enjoyable phase of your life. Very likely, you’ve got plans to travel, see family and friends and maybe even revisit hobbies you’ve neglected for decades.

However, as you are most likely aware, you must also make plans related to your money. Specifically, you want to be sure you have enough retirement income to last you for the rest of your life.

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How to Create a Pet Estate Plan

As a pet parent, you know how important it is to plan for your four-legged family members in the event that you become incapacitated or pass away. Who will take care of them and where will they go?

Pet Orphans: What Will Happen to Your Pets When You Die?

About 65 percent of American households include one or more pets, and if yours is one of them, you know that your pets are family. And like the rest of your family, they deserve for you to make them part of your estate plan.

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The Best Personal Finance Tips When Changing Jobs

Congratulations, you landed a new job! Hopefully, it’s the job of your dreams or at least a lot better than your previous one.

Now that you’ve said “I do” to your new employer, it’s now time to tackle the financial things to do when changing jobs. Don’t worry, the list isn’t overwhelming (although we certainly understand the stress of moving and changing jobs), but many of these items are time sensitive and could have a major impact if not handled correctly.

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5 Financial Must-Dos On Your Birthday

Oh the joys of having another birthday. It just means you got another year older… congratulations! You are probably wondering where in the world the last year of your life went if you’re anything like me - getting old can be rough.

I heard a great quote the other day that totally resonated – “The days get longer, but the years get shorter.” So true in my opinion. The older I get, the more time flies. I have no idea why, but that’s definitely how it feels.

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These Four Things Could Surprisingly Kill Your Personal Finances

We all know the old saying, “What you don’t know can’t hurt you.” But what does that even mean and where the heck did it come from? I can tell you for certain it definitely doesn’t apply to the world of finance.

In my world, what you don’t know can definitely hurt you. And, as bad as this is going to sound, a lot of the biggest banks in the world were built from people “not knowing.” Whether it’s hidden fees, even if they are legal (no offense, Wells Fargo), or paying interest, these seemingly little things can add up to a lot of money over time.

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The 5 Things You Should Do After Purchasing Life Insurance

1. Review Your Policy.

That’s right, I’m actually recommending you open up and look at that giant life insurance document you received. Please don’t just throw in a file for it to never be seen again.

I know it’s intimidating but do it. It won’t be that bad. I’m not asking you to study or memorize it, but rather peruse through it to make sure everything is correct.

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How Much Life Insurance Do You Really Need?

At a certain point in your life you realize you might need life insurance, but how much is the right amount for you? Continuing on with our theme for Life Insurance Awareness Month, let’s take a look at this very common question you’ve probably asked yourself.

So, how much life insurance do I really need? Well, depending on who you ask will depend on your answer. You could call a life insurance agent, financial planner, wealth advisor, etc. and get a different answer from each of them. Are they all right or are they all wrong?

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NextGen Wealth, LLC is a registered Investment Advisor. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities product, service, or investment strategy. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial advisor, tax professional, or attorney before implementing any strategy or recommendation discussed herein.

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