Wednesday, December 12, 2012

Budget Your Life - Build Your Lifestyle Ceiling

I want to take a brief moment to wish a very Merry Christmas and a Happy New Year to you and yours from all of us at Kemp & Associates!

As we approach the holidays, it’s both a delightful time to spend with family and friends, and a time to step back, count our blessings and reflect on how fortunate we are. It is also a time when your budget may become slightly tighter. This leads into our next topic, which is the lifestyle ceiling1

My family has been busy helping our oldest son get ready to attend college. It has been a great time to instruct and reflect with him, and it has also given me the opportunity to take a step back and remember what it was like for my wife, Shelley, and I when we attended college. If we go back 25 years when I graduated from high school in 1983, college wasn't a guarantee. If we go back 50 years2, college was a luxury to some, maybe even akin to winning the lottery or striking it rich. 

Wednesday, December 5, 2012

Determining the “Right” Amount of Life Insurance

According to a recent study, Americans are more concerned with being able to pay their mortgage and other bills today than they were a year ago. Now, more than ever, it is crucial that consumers protect their financial security.1 Life insurance is one tool that can provide this kind of protection. The fundamental question is: what is the “right” amount of life insurance?2