George Ferrin, of Armor Wealth Management, introduced the concept of building buckets to achieve long term financial success. Different buckets are recommended for reasons such as: tax savings; avoiding risks; protection; access to cash, and guaranteed returns. Life and disability insurance are 2 buckets used for protection, while retirement savings accounts and long-term care insurance are buckets used for long term protection. Once your buckets are established, they can be utilized to work together by using benefits from one to pay for benefits from another. The sooner one gets started building buckets, the better the results. Contact George or Fred Badyna for assistance in building buckets.
November 13 2018.Exchange
Did you know that 19,000+ adults who live in the Richardson community don’t speak English well or at all? The Richardson Adult Literacy Center (RALC) is a nonprofit community-based literacy organization and that relies upon persons like Elaine Kollaja to support its mission of improving the lives of adults and their families through English language instruction. For the past 3 years Elaine has been teaching English as a second language classes for the RALC. She says the RALC has become a significant part of her life and she will soon be a Board Member of the Center. The RALC has over 700 students each year who pass through their classes and they rely over 650,000 donated hours to provide their services. As is usually the case when volunteering, Elaine receives more than she contributes. Elaine continues to keep her Hugo and Lyla’s Little Free Library going and has adopted a similar Little Free Library at the Richardson YMCA.
Correction: Volunteer Hours total 6,500 hours per year, not 650,000!
September 25 2018.Exchange