Les Schlais – Useful Money Management Advice

Les Schlais and John Kim formed Syncis with the aim of providing financial services to middle-income families and individuals. The company recruits Associates who role is to provide information to clients and help them achieve their long-term financial aims. For many, this means learning how to manage their money more effectively. These handy pointers will help anybody with this aim.

Ditch The Debit Card

While your debit cards may offer enormous convenience thanks to the prevalence of chip and pin machines and the rise of contactless payments, they also open to door to impulse purchases that result in you losing track of your finances. Consider withdrawing the money you know you will need for purchase before you head out, so you are not tempted to buy things you don’t need.

Set Goals

If you know what you want to do with your money you will have more drive to cut down on your spending. Create achievable goals with milestones attached to them and consider how you need to work within your budget to achieve them. Your goals will provide you with the tools you need to override the impulse to spend on things you don’t require, which will help you manage your money better.

Get Help

The role of Les Schlais and the Associates at Syncis is to provide information to people who are looking to make smart financial decisions. There is no shame in seeking help from qualified professionals who will be able to provide you with information on how to manage your budget and what you should do to ensure you have the money you need to reach your goals.

Les Schlais – The Benefits of Insurance

As the Co-CEO and Co-Founder of Syncis, which is an “independent marketing organization specializing in the sale and distribution of life insurance and related products,” Les Schlais places a lot of his focus on providing new Associates with the information they need to help their clients make key decisions related to insurance. In order to do this, all Associates must understand the benefits of comprehensive insurance policies and be able to communicate these advantages to their clients, while also ensuring they keep the needs of clients in mind. The following are all benefits of insurance that you should consider before taking out a plan.

Risk Cover

Life is full of uncertainties and there are many situations that may cause issues in your life if you are not properly equipped for them. Insurance offers you the ability to prepare for such scenarios, providing you with the peace of mind to live your life how you want to without having to worry about what might happen if something goes wrong. The best insurance policies are able to mitigate risk and provide you with the protection you need to move on should something happen.

Helping Towards Financial Goals

In many cases insurance can be used to help you achieve your financial goals. For example, those who are planning for retirement can take out life insurance to ensure all of their assets are protected and their loved ones are provided for should they pass on. Paying into an insurance policy also encourages you to be more frugal with your money, allowing you to understand the importance of prioritizing your income. These lessons can be applied in other areas of your life, potentially helping you to achieve financial stability.

Annuities

Annuities are annual sums that are often paid to those who have taken out insurance policies, or to the benefactors of such policies in some cases. They are commonly associated with life insurance policies, with the money that has been placed into the policy often being used by retirees to provide a steady source of income when they no longer work. It is best to speak to a qualified professional to find out how you may best make use of annuities before taking out a policy.

Facilitation of Loans

Insurance policy holders are usually granted the ability to take out loans against their policies, often without affecting the other benefits that their policies offer them. Again, this is useful in cases where life delivers unexpected circumstances that would otherwise leave you in dire financial straits. By having an insurance policy, you give yourself more options to help you handle such scenarios.

Les Schlais is an experienced financial services professional and the current Co-CEO of Syncis.

Les Schlais – Traveling Tips

For those who are traveling enthusiasts like Les Schlais, there are right and wrong ways to travel. Proper planning can turn a traveling trip into a wonderful and memorable experience that you will talk about for years to come. Without proper preparation however, it can turn into a nightmare. With a few tips from experienced travelers however, you can ensure a safe, fun experience, and even save some money in the process.

Here are some traveling tips for beginners:

Don’t Hesitate – Airline ticket costs fluctuate frequently. So much that even the airline can’t predict when. So don’t get hung up too much on ticket price changed. If you can find and afford the right ticket, go for it.

Don’t Double Book – This is a problem that occurs a lot when booking tickets online. Sometimes a screen freezes or the browser reloads while you are booking. This has caused many to accidently book the same flight twice. While these can be canceled within 24 hours, often people don’t check until it’s too late. So be sure to check the day after you book just to make sure this doesn’t happen to you.

Closed Pool? No Problem – Sometimes this happens. You book a hotel specifically because it has a beautiful pool, and by the time you get there, the pool is closed. This actually gives you grounds for a room credit. Ask the front desk about receiving compensation for what was promised. They likely won’t make your stay free, but you could win yourself some additional perks.

Les Schlais enjoys traveling, and likes to prepare for each trip.

Source(s): http://travel.nationalgeographic.com/travel/trip-tips-20-fixes/

 

Les Schlais – House Hunting Mistakes to Avoid

Businessmen in the financial services field like Les Schlais usually keep an eye on the real estate marketplace. Knowing when the market is up and when it is down, is a good way to help prospective homebuyers make smart financial decisions. Buying a first home is a journey all of its own, and there are many pitfalls that can turn the experience into a nightmare. That is why it is important for new homebuyers to educate themselves to that they can find the right home.

Here are some mistakes to avoid when hunting for your first home:

Overreaching – One common thing new home hunters do is buy a house that is out of their budget range. This happens because the house hunter “falls in love” with the home, and simply can’t settle for anything else. Often new homebuyers get whisked away by the dreams of their great home and life. They start filling the home up with appliances in their head before even considering the price. Getting trapped in a mortgage you can’t afford can be a financial nightmare that may end with you losing the home altogether.

It is also important to factor interest into a house purchase. If you are taking out a loan to buy your home, remember that a house that costs 25,000 more, doesn’t even factor in the extra interest. So consider that before making a hasty purchase.

Desperation – Sometimes it can take months to find a house that is in the right price range, quality range, neighborhood, and is not already taken. New house hunters can often start to feel desperate when they keep getting outbid on the home they want, or simply can’t find one in the right location. This desperation can lead to making a bad decision.

Hastily moving into a house you don’t like can be a financial nightmare. Getting a new home means paying the agent’s 5-6% commission cost, closing costs for the mortgage on a new home, plus the expense and hassle of moving again. Even renovating a home is expensive and time-consuming. That is why if you start to feel desperate, it is better to take a step back and wait it out. Eventually you will find the right home for you.

Overbidding – This can happen a lot with new home buyers. They do not want to be beat out by the competition, so they offer a bid over the documented price of the home. The problem with this is that a bank won’t give you a loan for a home if the house doesn’t appraise at or above what you offer. That means you would have to pay the cost out-of-pocket. Also, in the event that you want to sell the home, it is likely that you will get less than you paid for it, or worse, will be unable to sell it due to the mortgage.

Financial advisors like Les Schlais caution people on making bad home-buying choices.

Source(s):http://www.investopedia.com/articles/mortgage-real-estate/09/buy-house-emotion-free.asp

Les Schlais – How to Build a Business From the Ground Up

Les Schlais is a dedicated professional who is committed to achieve professional success as a leader in the financial industry. He is a natural entrepreneur who has the ability to seize a professional opportunity when he sees it. He is currently the Co-Founder and Co-Chief Executive Officer for the independent marketing organization known as Syncis, and he has been growing the company since 2009. He saw an opportunity to start his own company when he realized that much of the middle-level income class was unable to obtain life insurance and other related items due to their financial situation. He believes that all people should have the right to protect themselves and their businesses no matter their level of income, which is why he founded Syncis.

Les Schlais understands what it takes to operate a business in a competitive market. There is arguably no market or professional industry more competitive than the financial industry, but he was still able to successful found and grow his own business in the field. It takes more than just an extensive knowledge of your specific industry to start a business; you have to understand general business principles as well if you’re going to be successful. This is why it is so difficult for start your own company because business owners quickly realize there is more to it than simply knowing your field. Here are some tips on how to build a successful business from the ground floor, to the upper level.

The first thing you need to keep in mind as a business owner starting his or her own company is a plan. This isn’t something you lightly sketch out as you start building your business, this is something that needs to be well thought out, realistic, and it should be able to project your future status quite accurately. A business plan is essential for start-up companies because it will help you obtain the investments you need to open your doors and keep them open until you can start making some of your money back.

In addition, having a business plan to attract investors and establish realistic goals, you’ll also need to hire trustworthy employees. This may seem like an obvious necessity, but it’s easy to get caught up in the thrill of having your own business and being able to hire friends and family. Although you may trust them, you have to trust them to perform the job well and consistently. Unfortunately, business owners tend to find this fact out after it’s too late to hire any body else.

Les Schlais started his business with these basic business principles in the back of his mind. Not only did they help him start growing his business quickly, but they have helped him continue to grow Syncis in order to make it one of the most successful financial marketing organizations in the country.