Genistar
Our mission is to teach people how money works. We help you gain the knowledge you need to make smarter, more informed choices along the path towards your financial goals. https://genistar.online/
Source: https://genistar.online/
Genistar was founded in 2007 and is one of the fastest growing financial services companies in the UK. We are dedicated to educating families about their financial choices.
Our mission is to teach people how money works. We help you gain the knowledge you need to make smarter, more informed choices along the path towards your financial goals.
Financial Goals | Debt Freedom | Life insurance
Putting Life Insurance into Trust
Once you have taken the steps to set up your life insurance and protect your family, an important next step can be putting this policy into a trust.
A trust can ensure that the person you wish to receive the life insurance policy proceeds receives them, and they are not misdirected to someone or somewhere else.
Many people have champagne taste on a beer financial budget. They are always wanting to buy more than they can afford.
You must live below your means in order to have funds to save.
[Make Extra Money](https://genistar.online/what-we-do/) – Maybe you can begin a part-time job or sell some of your unneeded items.
If 9 year term life insurance policy is put into trust with a transfer value of nil.
Found the information on this page very helpful if it helps anyone:
How to Combat the Cost-of-Living Crisis | Session 1: How to Deal with Rising Utility Bills
Financial Education
In short, yes. Regardless of your circumstances, it is advisable for everyone over the age of 18 to have a Will in place. You may be asking yourself if your Will needs to be prepared by a solicitor or professional.
There are many benefits to making a Will. These include:
Giving you control
Ensuring that the people are looked after
Helping you focus
Ensuring your estate
Things to Consider Before Making a Will
Your Estate
Your Executors
Your Family
Your Gifts/Legacies
Your Residue
Other Factors
Even if you can afford to buy something now, that doesn’t mean you should. If you spend everything you earn, it’s unlikely that you will ever get ahead, and you might end up falling behind if you have unexpected expenses or if you lose your job.
