New York, NY (PRWEB) September 21, 2013
Jonas Insurance Advisors strongly encouraged readers to analyze their financial situation and future needs, and begin to construct a financial plan according to what they find. This caution came on the heels of CBS’ September 10th article, entitled “Lessons from a Life Well Lived”. The article tells the story of the author’s parents and their organization and perseverance in maintaining a healthy and stable financial life, from the time they were young to the time they retired. Jonas Insurance Advisors encouraged readers to heed the author’s advice in caring for their financial futures.
Steve Vernon began his article with the revelation that his now-deceased mother left behind a legacy that has inspired he and his siblings. This legacy is largely due to his parents and their financial security through consistent planning and living within their means, as well as maintaining a modest living following retirement. Because they did so, they were able to afford a modest, comfortable life throughout their retirement, filled with family, friends, and their respective hobbies.
JonasInsuranceAdvisors.com believes that Vernon’s parents offer a great example for readers; they did not boast vast income numbers, but instead understood their finances and did not try to live outside of their means. This saved them financial heartache and hardship. The editor of JonasInsuranceAdvisors.com thinks that readers would do well to follow this example and offers this: one of the greatest ways to manage money and ensure that living within one’s means is possible is to make and strictly follow a budget. Budgeting may be a simple month-to-month budget, or may include budgeting money set aside for vacation, birthdays, or Christmas gifts. JIA recommends that when making a monthly budget, do not skimp on any items. Include personal expenses such as toiletries, as well as factoring in any insurance policies, from life insurance, to renter’s and health insurance payments. Also factor in the price of gas on a monthly basis, food, and clothes. JonasInsuranceAdvisors.com urges readers to heed this advice- once this budget has been made, stick to it. All excess should either be put away in savings of some kind, or put toward paying off debts. Though it may seem a small step to a larger life goal of living comfortably, it ensures that money is tracked and managed properly, allowing families to live within their means and save for the future.
Steve Vernon is a regular financial contributor to CBS’ Money Watch, lending his financial expertise gleaned from 35 years as an actuary. He currently serves as a university researcher, seeking methods to better retirement for the American public.
Following Steve Vernon’s article regarding his parents’ finances and how they inspired him, JonasInsuranceAdvisors.com urged readers to consider their current financial situation and plan for the future, both in terms of retirement and how to live within their means. Jonas Insurance Advisors offered a simple rule for living within one’s means: budgeting. Taking the time and effort to construct a solid budget will develop consistent spending habits, allowing all leftover money at the end of the month to be devoted to either savings or paying off outstanding debts. Though it is a small step, it can pave the way for a comfortable future. We are all going to die someday. Making a plan for our lives and sticking to it can help create stability for families. JonasInsuranceAdvisor.com recommends that people learn about all the options out there in life. If no exam life insurance is something one wants to learn about, they can obtain this information on MCFIR.com.
JonasInsuranceAdvisors.com is an online resource designed to assist families in financial planning and money management.