Financial Planning is simply organizing your current income and assets to create surplus funds that may provide for emergencies and opportunities that will present themselves in your lifetime. It is sometimes called a Wealth Accumulation Plan.

There are many individuals who market themselves as financial planners and there are many self-help books, tapes, and other information that can be purchased on the subject. The best self help financial planning tapes and booklet we have seen is one that is based on the Bible. It was developed by Dr. John Morgan, the senior pastor at Sagemont Baptist Church in Houston, Texas. They are located at 1123 Hughes Rd. Houston, Tx 77098 and their phone number is (281)481-8770. The tapes and booklets offer a very interesting view of financial planning based on Biblical principles. It deals better with debt and debt reduction than most other financial planning tools. Eight tapes and a booklet can be purchased for under $50.00 and it is our recommendation that you contact Dr. Morgan and purchase his tapes and booklets. The Bible offers some very powerful financial principles you may wish to incorporate in your overall plan.

No matter what type of financial planning or wealth accumulation plan you use, almost all will call for the purchase of life insurance and disability insurance to protect your income for yourself and your lifestyle for your family. The prices for life insurance can vary as much as 4-500% for the same coverage from the high cost carrier to the low cost carrier. If you will give us a call in Houston at (713)686-5433 or outside of Houston at 1-800-543-3289, we will be happy to furnish you quotes and information about the various types of life insurance products to help your financial planning. If you know the amount of life insurance you would like to see click here.