Larry Jones's Blog, page 2

When You Visualize Success, You Can Achieve Success

Sara Blakley and Spanx Sara Blakely may not be a familiar name in the average American home. Some of the products she has created for women, though, would be recognized through her company called Spanx. As a young woman, Sara pursued several different business opportunities that were not working out for her. Before starting her […]

5 Steps To Prepare Your Family For A Worst Case Scenario

On January 30, 2002, one of the worst ice storms in recent memory hit the Kansas City Metro area, my current hometown. At the time, we owned a house in an older neighborhood that boasted large trees and above ground electrical power lines. This is definitely not a good recipe to have during an ice […]

6 Steps to a Killer Emergency Fund For When “Stuff” Really Hits the Fan

Introduction Many financial experts teach the basic “three to six month’s worth of expenses in a good money market account” for a good emergency fund, but the preparation usually ends there. I’m not knocking this advice because I think it is good advice. My family has a rainy day fund such as this for unexpected financial […]

How Some Whole Life Insurance Policies May Be A Lot Better Than Some Financial Experts Make Them Out To Be

The Whole Life Versus Term Life Debate In Financial Peace University, Dave makes it clear that he hates whole life insurance products. He encourages everyone to buy term life insurance and then invest the difference normally paid for a whole life policy. There are many in the personal finance world chanting the exact same mantra. […]

The Investment Pyramid: A Different Approach To Financial Investing:

In the book Financial Fitness: The Offense, Defense, and Playing Field of Personal Finance by LIFE Leadership (Brady and Woodward), the authors include a recommended investment strategy they call the “investment pyramid.” The plan starts at the bottom of the pyramid with what the authors view as the safest form of investing. Then, they encourage […]