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Blog

Personal Finance Blog

The personal finance blog by Legacy Insurance Agency. Stay up to date on financial issues. Scroll down for our latest blog and archives.

You can increase your knowledge and improve your Financial Intelligence by reading our blog. Read the latest financial news, and learn financial strategies for achieving financial success.

Personal Finance

Personal finance entails the management of income and expenses over time. Individuals can manage their family’s cash flow and savings to build wealth, similar to how a business may manage their finances to earn profits. Financial management may involve credit cards, mortgages, insurance, retirement, savings, taxes, risks and life events.

Our Mission

Our mission is to enrich the lives of families by providing a process for them to maximize their financial security by avoiding the eroding factors of money, and to promote financial intelligence by educating others with specialized knowledge.

Increase your financial education and improve your Financial Intelligence by expanding your knowledge and you will increase your opportunities for success. Reading books and learning from others’ experience is the easiest way to build your knowledge base, check out our bookstore.

VLOG – Legacy Money

Learn more, subscribe to our YouTube channel: www.youtube.com/legacymoney


What Is a Multi-Generational Trust? - Hero

What Is a Multi-Generational Trust?

A multi-generational trust, also known as a dynasty trust, allows families to preserve wealth for future generations. It offers advantages ...
Read More
Who Needs Disability Income Insurance?

Who Needs Disability Income Insurance?

Who Needs Disability Insurance? It's easy to think that we don't need disability income insurance. But what's not easy is ...
Read More
IBC Savings System

Infinite Banking Savings System

Infinite Banking Savings System How To Save $3,000+/Month with Infinite Banking (Full Breakdown) In this post and video, I'm going ...
Read More
Family Bank

Family Banking Master Class

Family Banking Master Class - Video Training on Demand DISCOVER How To START A Family Bank and STOP Depending on ...
Read More
Prepare for Risks

How To Prepare for Risks and Uncertainties with Life Insurance

How To Prepare for Risks and Uncertainties with Life Insurance You can prepare for life’s uncertainties and risks with life ...
Read More
Laptop ideas and 5 smart ways to spend your tax refund

5 Smart Ways to Spend Your Tax Refund

5 Smart Ways to Spend Your Tax Refund Tax Refund - First posted by GuardianLife When you get a big ...
Read More
retirement savings

Retirement Savings

Saving for Retirement Considering retirement savings, we must take the time to plan for the future. There are too many ...
Read More

Best Disability Insurance for Physicians

Disability Insurance Made Especially for Physicians What is the best disability insurance for physicians? While there are many types of ...
Read More
Retirement Income Distribution

Retirement Income Distribution – How To Retire with More Spendable Income

Retirement Income Planning for your retirement income distribution can be tricky. Ultimately, most people want predictable income or cash-flow to ...
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Cash Value, Whole Life Insurance for Today

Cash value, whole life insurance can provide certainty in an uncertain world. And once in-force, you can start using it ...
Read More
Retirement Planning with Life Insurance and the Infinite Banking Concept. A Better Way - An Alternative to Traditional Planning

Retirement Planning with Life Insurance

Retirement Planning with Life Insurance by Barry Page, RFC and IBC Practitioner You can do your own retirement planning with ...
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Legacy Money Live

Join Legacy Money Live! For 2024 Legacy Money will resume our livestreams. Join us on Wednesdays for fresh, new content ...
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Bull Run

Bull Run

Running With the Bulls The Bull's are out, but how long can this bull market run?  If you've been waiting ...
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disability risks agent

Risks of Disability

The Risks of Disability What are the risks of becoming disabled? When most people consider disability, they picture something catastrophic ...
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Bank

Your Bank

Financial Independence with Your Bank Take control of your finances with your own bank. Having your own bank sounds great, ...
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Independence Day

Sticky
2018-07-04
By: Barry Page
On: July 4, 2018
In: Financial Independence, Infinite Banking, Inflation, Taxes

Independence Day Our Independence Day, more commonly known as the 4th of July, is when we commemorate the United States adopting the Declaration of Independence and when we declared our independence from the Kingdom of Great Britain. Independence Day is traditionally associated with fireworks, BBQ’s and family. As we celebrate our Independence Day, let’s remember what our independence really means… The colonists rebelled against the British Crown and taxation. Today, some 241 years later, our country faces a similar situation that would have our founding fathers rolling in their graves. Our federal government is destroying our freedoms and is larger and more oppressive than ever.Read More →

What Is a Multi-Generational Trust? - Hero

What Is a Multi-Generational Trust?

2026-03-04
By: Support
On: March 4, 2026
In: Finance, Life Insurance, Money Solutions, Taxes

A multi-generational trust, also known as a dynasty trust, allows families to preserve wealth for future generations. It offers advantages such as reduced estate taxes, asset protection against legal challenges and support for responsible wealth management. Guest Post, first published by Ameritas How do you make wealth last beyond your lifetime? For many families, the answer is a trust, a legal arrangement that allows one person or entity, known as the trustee, to manage assets for the benefit of another person or group, referred to as the beneficiaries. The individual who creates the trust is called the grantor, and they set the rules for howRead More →

Who Needs Disability Income Insurance?

Who Needs Disability Income Insurance?

2026-01-15
By: Barry Page
On: January 15, 2026
In: Disability Insurance, Financial Planning

Who Needs Disability Insurance? It’s easy to think that we don’t need disability income insurance. But what’s not easy is to think of someone that would be willing to pay you five thousand dollars a month to age sixty five if you became too sick or injured to work. Who Would Pay You? Think about that for a moment. Of everyone you know, who would be willing to pay you five thousand dollars a month if you were unable to work due to an illness or injury? How about you write down three names? Well, how about just two names? It’s not an easy questionRead More →

IBC Savings System

Infinite Banking Savings System

2025-11-11
By: Barry Page
On: November 11, 2025
In: Finance, Infinite Banking, Life Insurance, Whole Life Insurance

Infinite Banking Savings System How To Save $3,000+/Month with Infinite Banking (Full Breakdown) In this post and video, I’m going to talk about what I call the ultimate financial tool, and a way to systemize your savings, so you can grow your wealth with less risk. It’s not get rich quick. It’s a safe and predictable way to take control of your finances, using the Infinite Banking Concept and good old fashioned, whole life insurance. My mission is simple to help you protect your family and keep more of your money. I’m here to help level the playing field for families and those who seekRead More →

Family Bank

Family Banking Master Class

2025-11-03
By: Barry Page
On: November 3, 2025
In: Bank On Yourself, debt, Finance, Financial Independence, Financial Planning, Financial Strategy, Infinite Banking, saving

Family Banking Master Class – Video Training on Demand DISCOVER How To START A Family Bank and STOP Depending on Banks Forever Learn How Private Family Banking Works Learn how to start your own famiy banking system in this short video masterclass that you can watch instantly, on demand. You’ll learn how to finance your major purchases through your own private financial system, without credit reporting and bank qualifying. Video Training Based On IBC Family banking is a simple way to protect and grow your wealth safely. The Infinite Banking Concept™ (IBC) as detailed in the book, Becoming Your Own Bankerâ„¢ is simplified and explained in ourRead More →

Prepare for Risks

How To Prepare for Risks and Uncertainties with Life Insurance

2025-09-23
By: Barry Page
On: September 23, 2025
In: Finance, Financial Planning, Life Insurance

How To Prepare for Risks and Uncertainties with Life Insurance You can prepare for life’s uncertainties and risks with life insurance. Additionally, life insurance offers multiple benefits to help address the various challenges we may face throughout our lifetime. Death and Taxes Ben Franklin said that death and taxes were the only certainties in life. And, while those things may be certain, it’s the uncertainty of when and how much that can cause problems. Preparing for life’s uncertainties is imperative. Life insurance serves to provide financial protection for those who rely on your support in unforeseen circumstances. Prepare with Term or Whole Life Insurance LifeRead More →

Laptop ideas and 5 smart ways to spend your tax refund

5 Smart Ways to Spend Your Tax Refund

2025-04-29
By: Support
On: April 29, 2025
In: College Funding, debt, Finance, Retirement, Taxes

5 Smart Ways to Spend Your Tax Refund Tax Refund – First posted by GuardianLife When you get a big check from the IRS, you might be tempted to treat yourself to a shopping spree, but there are smarter ways to put the money to use. In 2023, 120.9 million people received tax returns from the IRS1 averaging $2,753.2 If you’re fortunate enough to get a refund this year, invest that money in your financial future to get the biggest benefit. Here are five smart ways to put your tax refund to work. 1. Save for retirement If you‘re enrolled in a retirement account through your employer,Read More →

retirement savings

Retirement Savings

2024-10-15
By: Barry Page
On: October 15, 2024
In: Financial Planning, Life Insurance, Retirement, Retirement Income, Retirement Plan, saving, Taxes, Whole Life Insurance

Considering retirement savings, we must take the time to plan for the future. There are too many risks involved and too much responsibilty to let it happen by chance.Read More →

Best Disability Insurance for Physicians

2024-08-07
By: Barry Page
On: August 7, 2024
In: Disability Insurance, Finance

Disability Insurance Made Especially for Physicians What is the best disability insurance for physicians? While there are many types of long term disability insurance, the best kind will fit your specialty, and is made especially for doctors. Other insurance may pay only if you’re unable to perform the duties of your own occupation, and you’re not working in any other occupation. Still others pay only if you cannot work in any occupation for which you are reasonably qualified. Great News for Physicians! You can apply for disability insurance coverage with a true own-occupation definition of total disability.  Why does the definition of total disability matter?Read More →

Retirement Income Distribution

Retirement Income Distribution – How To Retire with More Spendable Income

2024-06-21
By: Barry Page
On: June 21, 2024
In: Finance

Planning for your retirement income distribution can be tricky. Ultimately, most people want predictable income or cash-flow to cover their expenses during retirement.Read More →

Cash Value, Whole Life Insurance for Today

2024-05-31
By: Barry Page
On: May 31, 2024
In: Financial Planning, Infinite Banking, Whole Life Insurance

Cash value, whole life insurance can provide certainty in an uncertain world. And once in-force, you can start using it today! Whole life insurance offers permanent protection and coordinates with your other assets by providing protection, growth and significant tax benefits. In this short video, Barry Page explains the benefits of cash value, whole life insurance and how you can use it for Infinite Banking. “The fate of the world economy is now totally dependent on the stock market, whose growth is dependent upon about 50 stocks, half of which have never reported any earnings.” Paul Volcker, former Federal Reserve Chairman Real Benefits of Cash Value,Read More →

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Writing On the Wall

"The current fiscal policy is unsustainable. We are heading to a future where we'll have to double federal taxes or cut federal spending by 60%." David Walker, Comptroller General of the United States "The fate of the world economy is now totally dependent on the stock market, whose growth is dependent upon about 50 stocks, half of which have never reported any earnings." Paul Volcker, 1999, former Federal Reserve Chairman "My friends, there is good news and bad news. The good news is that the full faith and credit of the FDIC and the U.S. Government stand behind your money in your bank. The bad news for you, my fellow taxpayers, is you stand behind the U.S. Government." L. William Seidman, former head of the Federal Deposit Insurance Corp. (FDIC) "In coming decades, many forces will shape our economy and our society, but in all likelihood no single factor will have as pervasive an effect as the aging of our population." Ben S. Bernanke, Chairman of the Federal Reserve System "Because the Social Security trust fund does not consist of real economic assets, we are left to rely on the federal government's future decisions to either raise taxes, reduce spending or increase borrowing from the public to finance fully Social Security's promised benefits." Paul O'Neill, former Treasury Secretary "As a nation we have already made promises that we will be unable to fulfill." Alan Greenspan, former Chairman of the Board of Governors of the Federal Reserve System

Readers asked…

How can life insurance help during retirement?

“Life insurance is a private contract between the owner and an insurance company. In exchange for a payment, the insurance company is legally obligated to provide you with benefits pursuant to the contract. Specifically, these benefits can be utilized to pay expenses for long term care, as a hedge against inflation, and as a regular, predictable, and reliable income stream for life.

It’s basically a private contract that allows you to have your dollars work harder.

The primary reason people buy life insurance is to protect their loved ones from loss, however perhaps it’s best kept secret is that it can be used to provide a steady, tax-free stream of income during retirement.

There are various types of life insurance: term, permanent, universal, variable and index. Each has its own benefits, and should be configured to fit your goals.”
~Barry Page

Contact Information

Legacy Insurance Agency, PLLC
2600 Government St
Ocean Springs, MS 39564
(228) 875-5545 phone

www.legacyinsuranceagency.com 

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