Planning For The Best Medical Attention


wealthymattersHumans have not yet found the way to ensure immortality, but the advancements of modern medicine are such that , much of our life expectancy , and the quality of curative and palliative care we receive ,and ultimately our quality of life depends on what medical care we can afford and negotiate to receive.

Here’s how I’d recommend you go about putting in place the system to ensure that you get the best medical care of your choice. So that you are not constrained for lack of money or forced by insurers to pursue treatments that insurers rather than you would prefer.

First take an inventory of your own body, medical history, personal habits, lifestyle and environment to check if you are predisposing yourself to certain diseases. Then take an inventory of the diseases that other members of your family are having to live with or that they have finally succumbed to. These and related diseases are those you yourself are most likely to have to deal with. Read more of this post

Buying Life Insurance – A Balancing Act


wealthymattersThe conventional financial wisdom is that people best serve themselves by purchasing an online term insurance plan and investing the rest of the premium in diversified equity mutual funds. I have a slightly different take on the matter. Let me explain. Many readers have remarked on the difference between my stand and that of other experts.

If you are young, just started working, have little savings, come from a family with little savings, are the sole or main bread-winner of the family and have many dependents, an inexpensive term insurance plan is your best bet. Even as you work towards building wealth, you don’t put your loved ones at the risk of destitution, should something happen to you.

Also if you are older but have to provide for home and children and perhaps have mortgage and car loans etc. outstanding, you’d do well to increase insurance cover via a term plan for the duration of these loans to ensure that in your absence unpaid loans don’t add to your family’s miseries. Read more of this post

Persist


wealthymatters

Smart Work Has It’s Place,But There Is No Substitute For Hard Work.


Wealthymatters” I can’t bear to think of working on Sundays.”

-This from a guy in his thirties, who has been an employee all his life and is only now thinking of setting up his own consultancy business.

Called me up on a Sunday and found me at work on a new launch. He wanted my help to arrange a loan.

So what was he proposing to do?

Hire a place and an employee and set-up in business.

Oh and he’d like my help in understanding cash management as his is a business that involves credit and his having to give 60-90 days payment terms to¬†customers and having to pay very “competitive” salaries to employees.

And oh he doesn’t believe in working hard. He’s going to be the boss and take it easy and get his employees to work. Read more of this post

Dealing With Ill-Will


Avoid the ill-intentioned, but if you can’t

be happy

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