Abundance Financial

📢 2025 Health Insurance Open Enrollment Starts Today! 📢

Open Enrollment is here, is your current monthly rate going up!? 🚀 It's time to review your health insurance options 👌 Our needs and budgets can shift throughout the year, so even if you liked your plan last year, it’s worth reevaluating.

If you've never worked with a trusted health advisor, send me a DM, and let’s schedule a call. A FREE 10 minute consultation could save you thousands in 2025 🧠💡💸

Abundance Financial is here to help you find the right plan that tailors both your needs, and budget.

Let’s make 2025 a healthier, smarter year together! 🤝

918-313-2246

Before 1974, it was perfectly legal for lenders to deny me credit based solely on my gender and race. The Equal Credit Opportunity Act of 1974 (ECOA), signed by President Gerald Ford 50 years ago on Oct. 28, 1974, changed that.

National First Responders Day is observed on October 28th, 2024, recognizing the valor and dedication of first responders across the country who risk their lives to safeguard the public. These heroes comprise police officers, firefighters, emergency medical personnel, medical staff, and more. We pay tribute to their unwavering commitment. 🚓🚑🚒

In 2023, an estimated 297,790 women was diagnosed with breast cancer in the U.S., making it the most common cancer in American women.

As of 2023, 1 in every 8 women (13%) will be diagnosed with breast cancer at some point in their life, according to the ACS.

Please give me a call 918-313-2246

There is one strategy, used by many businesses, which provides easy capital—cash value life insurance.

Businesses Saved by Life Insurance

1929, J.C. Penney – James Cash Penney used the cash value in his life insurance policies to meet the payroll and day-to-day expenses of his department store, JCPenney. This allowed the company to ultimately rebound from the Great Depression. Today, the company has an annual revenue of $12 billion.

1939, Foster Farms – Max and Verda Foster borrowed $1,000 against their life insurance policy to invest in an 80-acre chicken farm. Today Foster Farms’ products are sold all over the world.

1955, Disneyland – Unable to secure a large enough bank loan, Walt Disney borrowed against the cash value from his life insurance policy to help finance the creation of his new theme park, Disneyland. Today, The Walt Disney Company has an annual revenue of nearly $70 billion.

1961, McDonalds – When Ray Kroc bought out his partners (the McDonald brothers) he used cash value from his two life insurance policies to cover the salaries of key employees. He also used the funds to pay for the marketing campaign for his new mascot, Ronald McDonald. The franchise has since grown to over 37,000 stores in over 100 countries.

For more information on the immense benefits that cash value life insurance can provide your business, request a consultation with Abundance Financial.

At Abundance Financial we can customize a policy to fit your financial situation. Our expert Wealth Strategists are available to answer your questions and show you customized illustrations, outlining an individual plan of action to help you achieve your goals. Request a free consultation, no strings attached.
918-313-2246

1 in 8 women in the United States will be diagnosed with breast cancer in her lifetime. In 2024, an estimated 310,720 women and 2,800 men will be diagnosed with invasive breast cancer. Chances are, you know at least one person who has been personally affected by breast cancer.

But there is hope. When caught in its earliest, localized stages, the 5-year relative survival rate is 99%. Advances in early detection and treatment methods have significantly increased breast cancer survival rates in recent years, and there are currently over 4 million breast cancer survivors in the United States.

Awareness of the facts and statistics surrounding breast cancer in the United States is key in empowering individuals to make informed decisions about their health.

National Cancer Institute
Call 1-800-422-6237 for information about free or low-cost mammogram screening programs

Life insurance loans typically have interest rates between 5% and 8%, which is lower than the average rate for personal loans and credit cards. The exact rate depends on the insurance company and the policy.

Here are some other things to consider about life insurance loans:

No credit check
You don't need a credit check to qualify for a life insurance loan because you're borrowing your own money.

Repayment
There's no set repayment timeline, so you can pay back the loan as you're able.

Cash value
The cash value in your policy continues to earn interest while you have the loan.

Death benefit
Taking out a life insurance loan will usually reduce the death benefit that your beneficiaries receive.

Dividends
The interest rate and loan amount may affect any dividends paid to the policy

How to create a financial strategy for Millennials

If you’re a millennial or a member of Gen Y, there's a good chance that your financial needs are very different from those of your parents, or other generations. Learn how to build a financial strategy based on your realities and expectations. Consider this tips and approaches when building your financial future.

Tip for developing a financial strategy

1. Use money as a tool, not a goal.
Before you begin planning, think about what you want to accomplish with your money. Do you want to travel, start your own business, or champion an important social cause? If those are priorities in your life, be sure to factor them into the equation.

Let’s chat
918-313-2246

Many people are NOT happy with their current financial situation. Most feel disempowered and unequipped to make financial decisions for themselves. 🤨

Many assume that just because they have a 401K and matching with their employer they don’t need to worry about retirement.

This is a HUGE MISTAKE, since the average 401K last 7 years. What will you do for the other 25+ years after that? 😲

Blind trust and little to no financial education is setting people up for failure that many won’t realize until it’s too late.

❓️I’ve talked with people who cannot tell me what their monthly income and expenses are.
❓️I’ve talked to people who have no idea how much they have in their 401K, what % if anything is being matched, much less how it’s performing. 😕

The fear of facing the reality of their situation, the fear of making the wrong choices, the fear of judgment are just some of the reasons people end up in a paralyzed state with their finances. (Been there, done that)😏

The only wrong thing you can do is to do nothing. 🌟

Taking some kind of action, even if it’s a small action can open doors to a new experience with money. 🌟

This is why we offer FREE FINANCIAL EDUCATION CLASSES. 🌟🌹🌟

We care about your future. 🌟💜🌟

https://www.enrole.com/tulsatech/jsp/course.jsp?categoryId=C10F47C8&courseId=EDTR-3377

Join us and bring a friend! You must register but keep in mind the classes are free. 🌟😊🌟

Money 101 - Tulsa Tech

Is Your Life Insurance Policy Still Right for You?
Life changes, and so should your life insurance!
Whether you've recently bought a new home, welcomed a new family member, or changed jobs, your life insurance needs may have changed too.
Reviewing your policy regularly ensures it continues to protect your loved ones and meets your current financial goals. Don't wait for the unexpected—stay prepared.

Get in touch today to schedule a policy review and ensure you're always covered!

918-313-2236
https://calendly.com/lessielsimon/connectmeeting

financial mistakes to avoid in retirement
You deserve peace of mind in retirement, which could last 20+ years. Here are five common retirement planning mistakes to avoid so you can stay on track toward your retirement goals.

Retirement planning mistakes
Overspending

Retirement often comes with the joys of more free time and flexibility — which may make it easier to overspend. And in the early retirement years, especially, your expenses can add up as you adjust to a new lifestyle, such as more events with grandkids, a home renovation, high-ticket hobbies or travel. It's crucial to understand what not to do in retirement and maintain a balanced financial approach to help ensure your long-term financial security.
How to stay on track: Think about developing a budget for essential needs first, and a secondary one for lifestyle spending. You could adjust both as needed.

Let’s talk
918-313-2246

Reevaluating Life Insurance Needs!

The main concerns that often motivate purchasers of personal life insurance are that survivors would suffer a devastating loss of income and would be burdened by debt.

However, as time passes and a family’s needs, objectives, and financial situation change, the family’s life insurance needs will likely change as well. Because of the changes that affect many families, an annual “financial check-up” should be planned. However, certain changes demand that individuals immediately reevaluate their life insurance plans. Those changes that require a more immediate evaluation of life insurance needs include:

marriage
birth of a child
purchasing a residence
planning for children’s education
children leaving home
beginning a business
planning for retirement

First time buying life insurance? Let us walk you through it.

Can Now 918-313-2246

Own a 401(k), IRA, or 403(b)?
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A recent study concluded that 💲 TAXES 💲 will be your biggest retirement expense... even bigger than health care, shelter, food and transportation!!
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You're invited to attend a FREE class conducted by a top retirement expert. We will share the tax-free strategies of how to eliminate the IRS from your retirement accounts and potentially increase cash flow and assets by over 30%.
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You'll also learn:
☑️ How to grow your money tax-deferred, then receive distributions for retirement income... TAX-FREE!
☑️ The 3 BIGGEST risks affecting your retirement savings (and how to eliminate one altogether)
☑️ How to capture stock market gains without having to suffer the downside losses
☑️ What the wealthy are doing to pass on their estate fully exempt from government taxation
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Note: This class is FREE, but attendance is limited. Click the ‘Link ’ to save your spot!

https://www.enrole.com/tulsatech/jsp/course.jsp?categoryId=C10F47C8&courseId=EDTR-3377

Black and Hispanic Americans report a higher need for life insurance protection than other groups, with 49% of Black Americans saying they need or need more life insurance and 53% of Hispanics saying the same.

Call Now
918-313-2246

Protect what matters most
Life insurance is a crucial part of your financial plan. It helps your family - spouse, children, parents - with financial resources if you should pass away.

We all have hopes and dreams for our families and for our future. By having life insurance, you can help ensure that your loved ones' hopes and dreams become a reality even if you're not there to make them come true. Abundance Financial life insurance policies can provide more than just a death benefit – our policies offer additional benefits, called riders, which enhance the overall value of your policy.

Call Now 918-313-2246

I know, I know, you didn’t get on face book to learn about something as boring as income protection!

But hear me out for a moment…

If you’re like most people, your ability to practice your specialty has taken many years of education and training.

Now that you are earning a nice living, you leverage your salary to support all your expenses and your mortgage is typically the biggest monthly nut.

It seems like everything rests on your income!! Your mortgage, your auto payment, retirement savings, child care and perhaps student loans and more…..

Research has shown that nearly half of all home foreclosures can be attributed to disability and the accompanying loss of income.1 Additionally, over half of all personal bankruptcies and mortgage foreclosures result from disabilities.2

All those years spent in training have you in a great place. But what if you couldn’t continue to practice your specialty due to an illness or an injury?

Can you truly count on your home owner insurance plan to protect your income?

What if you could no longer work—would you still pay your mortgage?

We offer monthly free training seminars showing how to better protect your income.

Hint: The answer isn’t very complicated and takes very little time.

Call Now!
918-313-2246

Are you Turning 65?

Understanding Healthcare Costs in Retirement
Healthcare costs are one of the largest expenses retirees face. These costs can be unpredictable and vary based on several factors, including your health status, the type of insurance coverage you have, and where you live. According to recent data from the Employee Benefit Research Institute (EBRI), a 65-year-old couple retiring today might need approximately $413,000 to cover healthcare expenses throughout retirement. This estimate includes premiums for Medicare Parts B and D, Medigap insurance, and out-of-pocket expenses.

Let’s chat
918-313-2246

🚨 LAST CALL TULSA 🚨

🗳️ Polls to elect our next mayor close at 7:00pm TODAY! If you arrive by 7pm, STAY IN LINE.

🔍 Need help finding your polling place? Check out the OK Voter Portal here: https://mbl.ms/l_OAZh7GH8y

🚌 Need a ride to the polls? Get a FREE ride using MetroLink Tulsa to get to your voting poll place. No sticker, no I.D., just hop on and go!

If you've already voted, copy this message and send it to your friends, family, coworkers, and neighbors!!!!

- Abundance Financial

Starting Aug. 29, the state's 4.5% sales tax on groceries will be eliminated, following the signing of the bill by Gov. Kevin Stitt in February. The tax cut is estimated to save the average Oklahoman about $104 per year. Following Aug. 29, you shouldn't be charged the state sales tax on most grocery items.

🎉 Heyyyyy Teachers! 📚💕

Open enrollment is here, and it's time to take charge of your insurance and retirement plans!

We all know TRS just doesn’t hack it when it comes to prepping us for an actual retirement.

There’s other supplemental options out there that may not be offered through your district!

Don’t just go with the flow—let’s make sure you’re getting the best options for YOU!

💖 Whether you’re dreaming of better coverage and lower premiums on insurance, or a retirement plan that fits your fabulous future, we’ve got your back!

We provide FREE personalized reviews.

Let’s explore your choices and find the perfect fit together!

You deserve the absolute best! 🍎✨

Let’s chat, friends! 💖

Welcome to Abundance Financial, a life insurance agency committed to providing comprehensive, tailored, affordable life insurance solutions for individuals and families, regardless of health condition.

Click the "Book Now" button to get a free quote!

Term life vs. whole life insurance: Overview
To better understand the difference between term life and whole life, here’s a quick rundown on how each type of coverage works.

Term life insurance
The way term life insurance is simple: It covers you for a fixed period of time, such as 10, 20 or 30 years, and pays out if you die during the term. If you outlive the term and your coverage ends, your beneficiaries won’t receive any money. A decreasing term life policy is slightly different, and less common. The life insurance death benefits gets smaller over the length of the term while the premiums stay the same.

Whole life insurance is the most common type of permanent life insurance and typically costs more than term life. This is because most policies offer coverage that lasts until much later in life, such as until 90, 100 or 120 years old. Whole life insurance also has a cash value component. A portion of your premium goes toward the cash value, which can grow over time. Once you’ve built up enough cash value, you can borrow against it or surrender the policy for cash. Premiums remain level and the cash value grows at a guaranteed fixed rate. The death benefit is also guaranteed, but be mindful of taking out cash value loans or withdrawals without paying them back. While you’re not required to repay them, your insurer will subtract any outstanding loans or withdrawals from the final death benefit paid out to your beneficiaries.