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GET QUOTELife insurance is an agreement between you, the policyholder, and an insurance company to provide a tax-free sum of money to your loved ones, known as beneficiaries, if you were to pass away. The money they receive is known as a “death benefit” and is meant to help your family out financially if they lose income that they were dependent on. Get a free quote
Investing involves committing money in order to earn a financial return. Essentially, this means that you invest money to make money and achieve your financial goals. Regardless of where you invest your money, you’re giving your money to a company, government or other entity in the hope that they provide you with more money in the future.
Once you’ve got savings, you’ll absolutely want to invest. Compound Interest will always outpace the interest rate that you’ll be able to get on a savings account. Start investing as soon as you can.