Striving towards your
Financial Freedom

Does someone depend on you financially?

In the spirit of our core My Money Strategies philosophy we never tell people what they should do. We only share with them simple options—if you do X, you will get Y. 

There are 5 major concerns that we hear from our members more than any other! Click on the concern below that you find yourself thinking about most often to read how the APS can help!

Minimize Interest Expense

When striving to minimize your long term interest expense, it is important to maximize your tax deductions along the way.

If you prepay a lender each month, you could miss out on valuable tax deductions as your interest expense could decrease each time.

Our clients have discovered that by utilizing a careful planning strategy, they often receive more benefits while maximizing their interest deductions.

NOTE: Please consult your tax and legal advisor as we do not offer any tax or legal advice.

Maximize Tax Benefits

To maximize tax deductions via interest expense many people agree that by paying TAX DEDUCTIBLE INTEREST EXPENSE as long as you can during the accumulation phase. (The accumulation phase is that period of time that a mortgage holder is accumulating money to be used at some point pay of the mortgage in full.)

You can deduct home mortgage interest if all the following conditions are met.

  • You file Form 1040 and itemize deductions on Schedule A (Form 1040).
  • The mortgage is a secured debt on a qualified home in which you have an ownership interest.

NOTE: Please consult your tax and legal advisor as we do not offer any tax or legal advice.

Provide for your family with insurance protection at the lowest net cost possible.

Buying life insurance is often viewed as a moral decision and the type to buy is an economic decision.

Permanent life insurance (owning your insurance for the entirety of your life)
…is a form of life insurance such as whole life or endowment , where the policy is for the life of the insured, the payout is assured at the end of the policy (assuming the policy is kept current) and the policy accrues cash value.

Term life insurance (renting your insurance for a span of typically 10 or 20 years)
…where insurance is purchased for a specified period (typically a year, or for level periods such as 5, 10, 15, 20 even 25 and 30 years) where a death benefit is only paid to the beneficiary if the insured dies during the specified period. There is no cash value in these policies.