Make sure you know the facts before you buy...💡
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💰Cash value savings goes to a company when you die💔
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🔼~Higher premiums = lower coverage amount📉
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💸You have to pay interest on your OWN money to borrow🔒
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💹Your earnings ONLY grow 1-4%📈
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💼First 1-4 years (depending on the company) the money you're contributing to "savings" is actually going to the company⏳
Some will say it's a tax write-off- yea because your money grows at a loss due to the first few years your money is going to the company so you will never catch up to what you actually put in.📝💰
Some will say it has savings that I can pull from in case of an emergency- yes, but if you never use it before you die your family will never get that money. 💔💸
Some will also say I would have to pay 10% tax on a withdrawal from an IRA if I needed it- yes, but the earnings of an average of 9-12% from the S&P 500 is far greater and will ALWAYS beat the overall earning on your cash value AND if you die before you use it all, your beneficiary(ies) will inherit it!!!!📈💪
Don't FALL FOR THE HYPE! The majority are not securities licensed, don't have a fiduciary responsibility to do what's in your best interest, are just in it for the money, etc. 🚫💼
Infinite banking is not it y'all...❌💰
Keep your investments separate from your life insurance. 💼📈
🌐 www.anthonydoty.com
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#financialindependence #financialfreedom #financialliteracy #personalfinance #investing #financialeducation #finance #money #debtfreecommunity #financialplanning #budgeting #debtfreejourney #debtfree #wealth #financialgoals #investment #financetips #financialadvisor #business #entrepreneur #wealthbuilding #moneymanagement #passiveincome #stockmarket #budget #moneymindset #moneytips
How to Gain Real Wealth & Peace of Mind 🌟 #shorts
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Budget friendly self care swaps! This is so needed for me today 🧘🏻♀️☕️🧖🏼♀️
🌐 www.anthonydoty.com
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If you HAD to pick one... which would it be?!
🌐 www.anthonydoty.com
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#financialindependence #financialfreedom #financialliteracy #personalfinance #investing #financialeducation #finance #money #debtfreecommunity #financialplanning #budgeting #debtfreejourney #debtfree #wealth #financialgoals #investment #financetips #financialadvisor #business #entrepreneur #wealthbuilding #moneymanagement #passiveincome #stockmarket #budget #moneymindset #moneytips
Hey, everyone! I want to share a personal story with you that taught me some important lessons about credit and financial management. 😬
Recently, I lost $23,000 in available credit overnight with the X1 Card. Waking up to find out that a massive portion of my credit limit had disappeared was a shock, to say the least! This sudden reduction really got me thinking about how credit limits can impact our financial health—especially when we least expect it.
💳 What Happened:
The X1 Card issuer decided to lower my limit without warning, likely due to changes in my credit score or spending patterns. While it didn’t leave me with a major financial issue, it did have an immediate impact on my credit utilization, which can affect my credit score if not managed properly.
⚠️ Why It Matters:
Credit limit reductions like this can catch you off guard, especially if you rely heavily on one card. It’s a reminder to always monitor your credit and be prepared for changes.
💡 What You Can Do to ...
Hey WealthWithDoty family, I wanted to share my incredible journey with you all. Before meeting Holly, I was struggling with multiple businesses and no clear direction. But thanks to her amazing coaching and the AIM methodology, I've transformed my approach and regained my focus.
Check out video here:
If you're feeling stuck or need guidance, I highly recommend connecting with Holly. She can make a real difference in your journey, just like she did in mine! 🙌
🔗 Connect with Holly > https://Links.Anthonydoty.com/s/Holly
#FinancialFreedom #Empowerment #SuccessStory #BusinessCoach #FinancialCoach #EntrepreneurLife #OvercomingObstacles #FocusAndAchieve #TransformYourLife #FinancialSuccess #MindsetShift #Motivation #PersonalGrowth #BusinessJourney
Which of these financial tips do you apply?
🌐 www.anthonydoty.com
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