Oncken Insurance Agency, P.C. Blog
Positive Psychology Instructor Emily Esfahani of the University of Pennsylvania once said that the obsession with the pursuit of happiness only has one solution. She said it is to understand the meaning of your life. She also said that this is the key to resilience and success. In fact, many psychologists have defined happiness as a feel-good moment or a state of ease and comfort, but the truth is that the key is in the meaning of life and nowhere else. For psychologist Martin Seligman, meaning often comes from serving a greater purpose beyond oneself.
Your home is your biggest investment. In fact, a large chunk of your net worth depends on the value of your home. However, if your home is not generating any cash flow for you, then perhaps you are missing out on a lot of good opportunities. If you want to turn your home into an asset, the first thing you need to do is to lower your expenses and find ways to generate income from it. Once you have net positive cash flow coming from your home, then you can already consider it an asset. After all, an asset is something that adds monetary value to your finances. Here are four ways to transform your home into an asset.
After years of work, it is time for you to have your own business. In order to protect your business, you need to purchase business insurance. Business insurance can vary depending on which risks you are faced with. For example, your business depends on the clients you work with, the type of work your business does, and whether or not you have employees. Here are four types of insurance that could protect your business from future troubles.
If you are thinking of purchasing an annuity for your retirement income, then you might enjoy a lot of benefits from it. If you are looking for a way to generate more income for your retirement years, then you should know that your annuity provider will promise you a certain amount of income after a certain period of time. This guarantee is given in exchange for the sum of money. While annuities may have some advantages like complex rules, it has a number of benefits that you need to know more about.