ENOLAM Investments by Captain Retail

Many people have never been exposed to sound financial information and guidance to drive their financial decisions. ENOLAM investments seeks to increase financial literacy rates in underserved communities

A budget is not just a plan to pay bills. A budget enables you to achieve your financial goals and create wealth! Creating a wealth building budget allows you to be deliberate and intentional with the resources you have so that the things you do today may enable you to create a new financial legacy that has generational impact.

Life insurance can be one of the greatest gifts you can leave behind. As an added bonus, insurance payouts are normally not taxable. Term life insurance policies are sufficient for most people. Plans are for a set number of years and are cheaper than whole life insurance.  However, it is important to get an insurance policy that best suits your unique situation.

Credit can be a powerful tool if you shift from using it for consuming things to using it as a leverage to create wealth. What does leveraging your credit mean?The term “leverage” simply means using something you have to get the result you want. In this case, what you have is excellent credit. And you can use it to: Save money on loans and insurance. Make investments. Grow your real estate portfolio

1. Create a will. A will is a legally enforceable document that spells out your intentions for the distribution of your assets – both financial and personal – at the time of your death. It allows you to allocate the distribution of your assets to specific parties, in amounts spelled out in your will. Additionally, it provides you the opportunity to decide who you don’t want to share. Having a will however, does not prevent your estate from going through probate.
2. Establish a living trust. A trust goes a long way in clarifying and simplifying the distributions of your assets when you die, but they can’t protect everything from creditors. The primary benefits of creating a living trust is that your estate avoids probate and the potential tax benefits