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6 tips on making smart financial decisions while raising kids on your own. https://lnkd.in/gv_Kz-fS

6 tips on making smart financial decisions while raising kids on your own. https://lnkd.in/ehhVSuDg

Community Connect Consulting - The CCC in Because We Care Foundation - is the backbone of the organization Adriane Mayes and Enyka Gaines started in 2009. Community Connect Consulting firm focuses on strategies tailored for your business needs. With over 25 years of experience in wealth creation, we are a one stop shop to all of your business needs: General Estate/Retirement Planning; Life Insurance; Annuities; Credit Repair; Credit Management; Mortgage Consulting; Marketing Services; Fundraising; Sponsorships; Personal Tax Preparation; Business Tax Preparation; Accounting Services; Small Business Development; Business Plans; Grant Writing; and Fiduciary Services. Sounds like alot right? Because it is. In this video get a better idea of the random acts of kindness vision we have for the community.

You never know what surprises life will bring. We all want the best for our children. We try to do what we can to give them the tools they need in life to succeed and contribute to our society. But one topic that needs to involve many conversations that often goes missed is all about money, particularly how your children will be a steward of your wealth once you're gone. What we do is help have and plan for those conversations as well as how you will distribute your assets. Make sure what you have in place is collaborative so that everyone can be on the same page. Let us help you navigate this part of your family dynamic. Learn more about how our process works: https://bit.ly/3oKUZM3 #familywealth #wealthplanning #financialplanning #familyplanning #generationalwealth #collaborativefamilyplanning #familyfinances #legacyplanning

🚨 Special Needs Parents: Is Your Financial Safety Net Strong Enough? 🚨 Caring for a special needs child is a journey of love, but it can also be a financial tightrope walk. Are you building a safety net sturdy enough to catch your family if you stumble? Is your financial strategy as robust as your caregiving plan? 6 crucial strategies for building a financial safety net: 1️⃣ Emergency Fund on Steroids Standard advice of 3-6 months' expenses may not cut it. Are you aiming for 9-12 months to cover potential care gaps? 2️⃣ Income Protection Plan Your ability to earn is your family's lifeline. Have you secured it against unexpected health issues or job loss? 3️⃣ Specialized Insurance Coverage Regular policies often fall short for special needs families. Are you exploring options tailored to your unique situation? 4️⃣ Strategic Debt Management Debt can be a safety net shredder. Are you prioritizing debt reduction while balancing care expenses? 5️⃣ Flexible Investments Life changes rapidly with a special needs child. Is your investment strategy agile enough to adapt? 6️⃣ Legal Structures for Protection Trusts and other legal tools can safeguard assets. Have you consulted with a special needs planning attorney? Consequences of an inadequate financial safety net: 🔴 Compromised care quality during financial setbacks 🔴 Increased family stress during emergencies 🔴 Potential loss of important therapies or treatments 🔴 Long-term impact on your retirement and other financial goals Remember, a strong financial safety net doesn't just protect you—it empowers you to provide the best care possible. Found this valuable? Repost and follow Michael Pereira for more insights on financial planning for special needs families. Join Our Community If you're ready to build a financial safety net that's as strong as your love for your child, subscribe to my newsletter. Each week, I share strategies to help special needs families create financial resilience. Subscribe here: https://lnkd.in/e_NPURNe Let's connect and explore how to create a comprehensive financial safety net tailored to your family's unique needs.

Discover the unique financial landscape of child-free living with Jay Zigmont, PhD, CFP® and founder of Child Free Wealth. Together with Melissa Joy, CFP®, CDFA®, they unpack the nuanced financial strategies tailored for those who choose not to have children. From rethinking the legacy you leave behind to understanding long-term care planning without relying on the next generation, Dr. Zigmont offers profound insights that challenge conventional financial wisdom.    Explore the complexities of long-term care insurance and the critical timing for acquiring coverage, especially for child-free individuals. They delve into the cost implications, the necessity of standalone plans, and the crucial role of early planning in supporting aging parents without jeopardizing your own financial stability. Dr. Zigmont sheds light on Medicaid’s limitations and the importance of setting boundaries to avoid financial strain.    In a world increasingly leaning towards living child-free, they discuss the multifaceted reasons behind this choice, including financial, political, and environmental considerations. Listen and Learn:    🔶How child-free individuals need to plan for end-of-life expenses, such as long-term care insurance, as they may not have children to rely on for support.  🔶Why estate planning is crucial for child-free individuals to ensure their wishes are carried out and to designate someone to make decisions on their behalf.  🔶The reason why child-free individuals have the advantage of being able to optimize their spending and make life decisions without the financial constraints of raising children Listen to full episode here: https://lnkd.in/gCi4RmxC

To all Licensed Financial Professionals. Do you really understand the power you hold in your hands? Because of you, someone will get sick or have an accident, but all their bills will still be paid and you get to deliver them a six or seven figure check tax free. They can focus on their recovery and not worry about losing their home or car or paying for childcare. #livingbenefits Because of you, someone’s retirement will be there when they need it because you protected it, grew it, made it no longer subject to a market loss and showed them how to access it tax free. #retirementplanning Because of you, someone’s child or grandchild will go to school with no school debt or start a business without having to beg for a loan. #milliondollarbabyplan Because of you, someone’s dreams will come true and they will live their desired lifestyle instead of the life they settled on after the world whooped them and beat their dreams out of them. #familybank #businessopportunity Because of you, when someone gets to the most vulnerable stage of life, they will live comfortably with the money and benefits that provide them choices of a nice living with around the clock care or the ability to live with family that gets a check so they are never considered a burden in their mature years. Twice a baby, once an adult. #longtermcare #LTC And, when the inevitable does come to pass, because of you, the family can grieve not worrying about a gofundme or finances. Thank you for the flowers and food and prayer but they look at you differently when you hand the family a $2 million dollar check. #insurance #LifeInsurance #terminsurance #IULInsurance #wholelifeinsurance #MortgageInsurance Being straightforward - yes, we make great money in this field. But, it costs our clients nothing to do business with us and we never get a dime of the money they trust us to put away for them. We put our clients in a great position. We change lives today and leave a legacy for the future. Come work with me. Our mission is real. While you help families and businesses, your own dreams will be realized too. https://lnkd.in/eg5qP8Wz

Losing a spouse is devastating. Added to the emotional impact is the need to take care of financial issues. This article outlines what has to be done immediately and what can wait. However, you should also make sure to talk with your attorney and financial advisors. Getting your financial life in order can be challenging. If you need assistance with your day-to-day finances, contact me for a consultation. I can help you work through those issues until you're ready to handle them on your own. https://buff.ly/4bk40DH #moneymanagement #financialliteracy #budgeting

It is especially important for families of special needs children to have a financial plan. Here are some of the essentials: https://lnkd.in/gbYCX6w8 #StoicWealth #SpecialNeedsPlanning

Today I had the annual review with my IFA (Independent Financial Advisor), Jane Newman. Routinely we discuss my investments (i.e. my pension pot) and whether my attitude to risk has changed over the last year. This time we also looked at our family incomings/outgoings, and discussed wills and life insurance. However, she had seen a money post of mine on LinkedIn and wondered if I’m suddenly a financial expert…which of course I’m not and don’t claim to be. I do not give financial advice – qualified folks like Jane do that!! 🧠 I explained that I’m coming from a place of mindset. How I started looking at my own patterns around money back in the noughties, because I needed to ‘change my mind’ after racking up £200k of debt. ✍ How I certified as a Tapping Into Wealth Coach to help other successful women get to grips with their money issues. My dirty little secret had been that I was earning a great salary, yet still skint at the end of each month. Yes, even successful people can have money problems 🙈 ❤️ These days I know that money always comes in when I need it. I’m relaxed about my finances – and I’m scrupulously devoted to monitoring them every week. I LOVE seeing how my money moves about and cares for the wellbeing of me and my family, as well as the charities I support. 🤔 If you’re curious to learn more about feeling this way why not start by downloading my 2-page introduction to the stories we tell ourselves about money:  The 7 Biggest Lies We Tell Ourselves About Money (link in comments).