Blog
Are You Stressed about Money?
With all the talk surrounding mental health these days, let us not forget the effects of financial stress.Sometimes we try to avoid stress by burying our heads in the sand, which only allows the stress to grow. The bigger it grows, the harder we work to avoid it. It...
The Next Generation of Finances
Finances. The complex subject. These are the thoughts of the insurance brokerage Simplified Financial. Our continuing mission to simplify complex financial decisions and find creative solutions. To boldly help the businesses, families, and individuals that want that...
Insurance Agent vs. Insurance Broker
Trying to find insurance products and the company that is right for you can be a challenge. That is why there are insurance agents and brokers. What is the difference between the two? Agent: Agents are great if you know the specific product you want. An insurance...
What Do Financial Advisors Do?
It is fairly common knowledge that a financial advisor’s job is to help their clients manage their money. However, there is more to it than that. What do financial advisors do? Financial advisors help their clients establish and manage their financial portfolios...
How Are Financial Advisors Paid?
Have you ever wondered how a financial advisor gets paid? There are two main methods: fees for services and built-in commissions. Fees for Service In the fees for service method, an advisor might charge a fee by the hour. Built-In Commission A built-in commission...
Why Teach Children Money?
It is a great idea to start teaching your children good financial habits early. Starting young can provide your children with the necessary tools to approach finances responsibly. This could lead to less stress and overwhelm in the future and develop their potential...
Why Are Financial Reviews Important?
Why are financial reviews important? Financial reviews keep the flow of communication between you and your financial advisor. Financial reviews are important to: Update changes to your account and policy informationAdvise you of new products and services that may...
Wills – Next Steps
All right, so you decided to write a will. What a great decision! Nevertheless, you find yourself wondering what to do next. Wonder no longer, here are the next pieces of the puzzle. Designate an Executor An executor facilitates the settlement of an estate. It is his...
Why You Need a Will
Creating a will can feel like walking through a corn maze without a map. There are so many paths, and you do not want to take the wrong one or leave anything behind. Common reasons why people avoid writing a will: I cannot afford a willI do not have the timeI will do...
Life Insurance Awareness Month 2020
It is Life Insurance Awareness Month! Life Insurance is a tax-free lump-sum paid to a designated beneficiary after a person dies. This much, most people know. There are two main types of Life Insurance: *Depends on the type of Whole Life Insurance. Life Insurance is...