How Couple Bounces Back From Being Laid Off To Financially Wealthy In Just One Year

Online, February 14, 2011 (Newswire.com) - Worrying about your families future is more than likely the up at the top in your priorities. But what some families are not making a priority is correct financial planning.

Doing enough to get by is not good enough. Thankfully, their are automated systems to allow you secure your families financial future just as the affluent do. Although, you will not need to be wealthy, you just need the discipline to save.

What you will learn is how the ultra rich use life insurance to secure their financial future. Leverage tax free investments and even turning one's life insurance into their own personal bank.

Is it far fetched? Is this method only for the super rich?

Felicia Water reports on this American family who bounces back from job layoffs to financial security.

"We all worry about the families financial future. Even the super rich worry and sometimes downsize. But are you doing enough to secure your financial future."

"If you have not noticed, I try to educate a lot on how money in 10 years from now will not be the same in value due to high inflation. So their is a HUGE need to put your hard earned money in assets that do the work for you."

"I read a cute story on how a couple bounces back from job layoffs to save for retirement."

"The couple went with a financial advisor to get an idea on how to not only get by, but to prosper. One of the main deficiencies in the couples plan was... Life Insurance."

"The other thing is... most American households do not really understand how to leverage life insurance to pay themselves monthly, while alive. Yes, enjoy the fruits of your labor and invest in your life insurance."

"I go into sharing this technique here on my Facebook page. Here's How The Ultra Rich Leverage Life Insurance"

"As for the couple... here is a little of their story:"

"Architect Cary Westerbeck is eager to draw up some plans for his family's future. At 40, he's rebounding after being laid off in 2009 by the firm he'd worked with for five years.
Unable to find a new job, Cary launched his own business, which has been steadily increasing as he builds a client base and the economy recovers."

"Though Cary said losing his job was ultimately freeing, he and his wife, Julie Westerbeck, had to take a hard look at how they were going to cover their estimated $6,500 in monthly expenses.
"I make one-half to three-quarters of what I used to," Cary wrote in an online survey to participate in a free financial makeover. "Yet we have retirements to fund and two kids' college educations to fund."

"That $6,500 figure includes the $1,600 monthly mortgage on their North King County home, Cary's student-loan payment, living expenses and payments on about $4,600 in credit-card debt. The Westerbecks also pay $212 a month to Washington's Guaranteed Education Tuition (GET) program to purchase units worth three years of in-state college tuition for their 7-year-old daughter Leah."

"They'll pay this amount until Leah turns 18."

"Fortunately, as a teacher with 18 years of experience, a master's degree and a special certificate, Julie earns near the top of her district's pay scale, about $75,000 a year.
But since the birth of their second daughter last summer, she's been working 80 percent of a full-time job at her school, plus they have additional child-care expenses. Cary says he cut some insurance coverage, stopped contributing to his IRA and put off fixing the roof of their house while they reduced household expenses wherever they could."

"We weren't really 'budget people' until we were forced to be," Julie said.

Read the rest of their story on how they secured their financial future.

If you are interested in being more educated on different assets you should know about. Then you will want to follow up on the life insurance blog from 1800InsuranceToday.com

On the blog, you can learn the methods of creating your own personal bank using life insurance and other high returning saving methods, that are only happening during this type of economy.

Don't believe for a second that you will need higher income to prosper from these life insurance methods. You can see in the last release, that little or no exams are now needed for life insurance. Plus, you will not need to pass away to be paid month after month from your life insurance.