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Can you give me insight on the best life insurance companies to contact? |
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The most important thing with shopping for insurance is to have some idea of the firm's financial condition. The insurance company's ability to pay your claim is of the utmost importance. Following the rating systems that rank insurance companies A to F, you should work with a company that is A-rated or better. |
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Next, you need to calculate your insurance needs and then shop around for the best rate to meet your need. To determine what your insurance needs are, click on the Training tab and make sure to attend my next Money for Life™ financial workshop in your area. |
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I want to start learning more about how to make my money work for me — really investment 101. I am tired of a financial planner making all the decisions, and I don't really know or understand how to check an investment out. What would you suggest as a good way to start my Investment 101 lessons? |
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I am so glad you asked that. People like you, who really want to learn financial management — specifically, what to do with your hard-earned money — are why I began the Money for Life™ workshops. |
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Being a firm believer in having a solid foundation of knowledge and resources at your fingertips, I highly recommend attending one of my Money for Life™ workshops. My workshops tour all across the country and they are the best "Investment 101 lessons" I can recommend. |
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I heard you mention a program about lowering your health insurance costs. I currently work for a fairly large company which provides health insurance. I am interested in going out on my own, and the one thing that is holding me back is the cost of health insurance on my own. Do you think the program you mentioned would be beneficial in this case? |
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I recently heard part of your interview on the radio. You mentioned there is a company with very inexpensive monthly payments that accepts individuals with pre-existing medical conditions. If you could provide me with the requested information, I would be very appreciative. |
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Do you have any information on getting medications for the elderly at a cheaper rate? My parents, for example, are on Medicare and the pills that they have to buy are really highly priced. Is there anything that they can get that would help them with the cost? |
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The program you all need to know about is something completely different than health insurance, but it can save you money on healthcare, without a doubt. |
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It is a program that can save you 20 percent to 50 percent, and sometimes more, on all your healthcare needs, including physicians and hospitals. This is not an insurance plan, but a program that will minimize your out-of-pocket healthcare expenses. |
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To learn more about it, click on the Training tab and make sure to attend my next Money for Life™ financial workshop in your area. |
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With all the talk about the end of Social Security as we know it, we are now in our 30’s and starting to save for retirement. Is there anyone specialized in retirement planning that can help us with this? |
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Glad to see you're starting early. With retirement savings, the sooner you start the better. Here’s the good news. At the Jordan Goodman Organization™, we help our members build a personalized plan that helps maximize their retirement, not to mention other demands such as college financing. |
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Americans are living longer and longer, so we like to see our members aspire to having at least $1 million to retire on (or more, depending on their needs). And the good news is we’ve got a customizable plan for all our members, no matter what their age. To discover how you can get a purely objective retirement plan, click on the Training tab and make sure to attend my next Money for Life™ financial workshop in your area. |
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Did I hear you mention on the radio that I could get a mortgage rate that would automatically go down? |
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Yes, you did. I often recommend people look into it. This loan is a unique mortgage in which the rate only adjusts downwards and never goes up. |
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You can use it to finance a new home or refinance an existing mortgage. The initial rate may be slightly higher than the lowest rate you may be able to get in the marketplace. But, every 120 days, if mortgage rates fall by a quarter point or more, your rate will automatically go down with no closing costs or points. Therefore, over time you will end up with the lowest mortgage rate at the lowest out-of-pocket cost. To determine exactly what kind of mortgage is right for your situation, click on the Training tab and make sure to attend my next Money for Life™ financial workshop in your area. |
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My husband and I have always felt that the amount of taxes we pay is ridiculous, and that was when we were in the lowest tax bracket. Now that we have more income, the amount we pay is even more insane. I saw you talking about the new 2003 tax changes on TV. Do you have any general tips on what we can do to reduce the drain of taxes? |
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Reducing your taxes is very important because taxes are the single, largest expense of your life. The trick to reducing your taxes is taking steps long before you sit down to do your tax return. At my Money for Life™ workshop, we’ll show you many of my tried and true tax strategies, as well as which of the new 2003 tax laws you can use to keep more money in your pocket. |
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Help! My husband and I are going crazy trying to keep track of everything. He has a tax accountant he likes for our taxes and a financial advisor he likes for our investments. But we also have an attorney we were referred to by our accountant (just in case), our home and life insurance is through different agents, and we go to other professionals for various things. Is there someone that can combine some of these things for us or are personal finances just getting more and more specialized? |
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Things are getting specialized, but to achieve Money for Life™, every aspect of your current and future finances must be evaluated and weighed at once so a comprehensive plan can be put together. If the left hand doesn’t know what the right hand is doing, your finances remain scattered, disconnected. I call this being financially disjointed, and it’s almost impossible to get ahead this way. That’s why I founded JGO — so you can keep focused on the big picture, simplify your life, and only have to provide your information once. |
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At JGO, we look at your entire financial life. When you need help with your investments, we look at your entire financial life and make the best recommendation. When it’s time to structure your tax life and maximize your deductions, we instantly see the whole picture. We know if you have a home-based business, how many kids you have, how much your house is worth, and what your investments and tax sheltered savings amount to so we can do what’s best for your financial future. To learn more about finding a single point of contact for all your financial needs, click on the Training tab and make sure to attend my next Money for Life™ workshop in your area. |
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A friend of mine always criticizes the stock market and says I should get into real estate like him. I’ll admit I haven’t made much money in stocks, but I’m not much of a handyman either. He makes money buying really run-down houses, fixing them up, and then renting them. Can you think of any other way to make money rather than spending my weekends painting walls and fixing toilets? |
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I grew up watching my Dad struggle with being a landlord. He had two rental houses and it was a real nightmare. I don’t know how much he made, but I know he said it wasn’t worth it. I heard you talk about real estate as a durable investment that every American should profit from. What exactly do you recommend? |
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Unfortunately, most people get a headache when they hear the term “real estate investing.” The truth is, for every right way to invest in real estate, there is a wrong way. I show people the right way, and it doesn’t involve picking up a hammer or collecting rent unless that is something they enjoy doing. To see how you can begin putting money in your pocket from America’s most durable investment, click on the Training tab and make sure to attend my next Money for Life™ financial workshop in your area. |
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I don’t have a will, and just always figured I would get one done when I got older or when (and if) I made more money. According to what I heard you say on TV, if I don’t prepare for this stuff now, I could die tomorrow and the state would decide what to do with my kids. Did I hear this correctly? |
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Without a properly prepared estate plan, a lot of things can happen to what you’ve worked and cared so much for. Not only can the state decide what to do with your children, the courts can decide what to do with all your assets. No matter what the size of your “estate,” you want to avoid probate and estate taxes like the plague. Without a proper estate plan, your friends and family are left with the burden of sorting through all your financial affairs. To discover how you can get a purely objective evaluation of your estate, click on the Training tab and make sure to attend my next Money for Life™ financial workshop in your area. |
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