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WHAT WILL BE T WILL BE
WHA
MAXIMIZING

Y
YOUR LEGACY?OUR LEGACY?
the Music of Your Money

oney is like a musical instrument, most fully appreciated when expertly played. Creating a hit song involves choosing
the melody, lyrics, and rhythm that strike a chord with the listener. Elevating your finances and keeping them at the top
of the charts also involves choices: making key decisions, setting goals to attain your desired results, and taking guided
t will mark y
Wha
What will mark your time on this earth, proof positive our time on this earth, proof positive
M action along the way.
t y
our lif
tha
er
e ma
tt
that your life mattered, that your accomplishments will t your accomplishments will
ed, tha
There is a distinct difference between earning money and making money on money you’ve earned. Successful finance management
is about amplifying your current and anticipated resources. You then protect the assets you’ve orchestrated with insurance, a key
positiv
positively empower generations to come?wer generations to come?
ely empo
YOUR LEGACY?OUR LEGACY?
Y
instrument in your financial concerto. The right life insurance perfectly
played at the right time is another essential factor in the mix. WHA
LEAVING A MONETARY LEGACY CAN VING A MONETARY LEGACY CAN
For instance, don’t fall for the chorus of creditors insisting LEA
on you buying their protection plan! It’s always best to own the
EA
EASILY BE ACCOMPLISHED. Y BE ACCOMPLISHED.
WHAT WILL BE T WILL BE
insurance yourself. Otherwise, you’re paying higher premiums SIL
protecting their risk, not your own, and there’s no cash left
over for your family.
Registered Education Savings Plans or RESP’s provide a flexible means to ensure or RESP’s provide a flexible means to ensure
No matter the source of purchase, there are only R egis t er ed E duca tion Sa vings Plans
two basic kinds of life insurance, yet many people don’t higher learning f or y our lo v
higher learning for your loved ones. All your grandchildren can be included in ed ones. All your grandchildren can be included in
know which one they have, when they bought it, or how
one policy, despite being from separate families, and still receive the designated amilies, and still receive the designated
much it’s worth. Here’s an excellent case in point. While one polic y , despit e being fr om separ a t e f
government grant on your yearly contributions. RESP’s even allow for the addition ontributions. RESP’s even allow for the addition
building their family construction business, a couple was go v ernment gr ant on y our y early c
paying $152/month on various creditor, mortgage life, of multiple c ontribut ors who can incr
of multiple contributors who can increase the accumulating tax-free growth.ease the accumulating tax-free growth.
and disability policies to cover the lenders for $400,000. By
choosing to amalgamate and own only one comprehensive term e insur anc e is another inno v a
Cascading lif
Cascading life insurance is another innovative way to benefit future generations. tive way to benefit future generations.
policy themselves, they are now saving $250/year while currently
P
Purchase a dividend-paying policy for a child and watch it grow in value over time. or a child and watch it grow in value over time.
insured for a combined risk of $1.53 million! Imagine the extra ur chase a dividend-pa ying polic y f
The “cascading” component allows ownership of the insurance policy to flow to wnership of the insurance policy to flow to
he “
T
resources available for their children’s education fund or their own cascading” c omponent allo w s o
entrepreneurs’ pension plan. someone else until the y oungs t er is ma
someone else until the youngster is mature enough to manage the investment ture enough to manage the investment
“
“ Money is a guarantee that we may have what we want in the future. y have what we want in the future.
independently.
independently.
MELANIE CHEEK
MELANIE CHEEK FINANCIAL
e ma
Mone
ant
ee tha
t w
y is a guar

info@melaniecheekfinancial.com
Though we need nothing at the moment, it insures the possibility of t the moment, it insures the possibility of
T
hough w
e need nothing a
melaniecheekfinancial.com I 780-604-3711
satisfying a new desire when it arises.” – Aristotle
satisfying a new desire when it arises.” – Aristotle
If you’re currently debt-free or your life includes a new home or
a symphony of children, even grandchildren, it’s time to ensure
TO LEAVE YOUR LOVED ONES THE MEANS TO PURSUE OVED ONES THE MEANS TO PURSUE
the expenses you incur make sense as well as “cents”. You are T O LEA VE Y OUR L
ENDLESS OPPORTUNITIES, NOW, THAT’S A LEGACY! S OPPORTUNITIES, NOW, THAT’S A LEGACY!
buying money at a discount when you purchase life insurance. ENDLES
Whether the financial proceeds go to your beneficiaries or
IN THE END, IT’S NEVER ALL IN THE END, IT’S NEVER ALL
accumulate in your own permanent policy, it’s all tax-free!
ABOUT MAKING MONEY. ABOUT MAKING MONEY.
There’s not enough room in this magazine to sing the
praises of dividend-paying life insurance as compared
IT’S ABOUT MAKING AN INDELIBLE IT’S ABOUT MAKING AN INDELIBLE
to an alternative investment. The concept of using
IMPACT ON SOMEONE’S LIFE.CT ON SOMEONE’S LIFE.
permanent life insurance as an “estate bond” is a wise IMP A
way to maximize your assets, ensuring your heirs
get more than the CRA! Don’t skip a beat; take the
Melanie Cheek – Your Money-Making MaestroMelanie Cheek – Your Money-Making Maestro
opportunity to explore this concept.
Working together, we can create your inspired money
Inspired Wealth Building Expert Inspired Wealth Building Expert
masterpiece that will influence generations to come! Let’s Pr of
Professional Musician & Songwriter essional Musician & Songwriter
get you in tune with the inspired financial strategies that
Wealth begets wealth.
Wealth begets wealth.
will ultimately manifest your dreams! Irene Lay Photography
26 26 WOMEN IN PROCESS
WOMEN IN PROCESS