E will oversee the WILDHOG Department and its members.
This is the family life insurance department.
We will consider MAY to be "MONTH OF THE WILDHOG".
During the month of May, we will discuss things that relates to the WILDHOG Department
or the WILDHOG Insurance Company. The WildHog Department will be supported by
several other Bank Accounts Departments. These accounts are the Gamma Cherry, Shamarak,
Locus, Kowha and Cookrit Accounts.
After adding up all the current balance of those accounts, we will use the total sum to be the WILDHOG total. In other words, the Wildhog account will be the accomulation of ALL FIVE other bank accounts.
This department will grow as our kids grow. So, we can easily pass this company/business on to our kids to manage.
Our Primary investment will start from the LOCUS and KOWHA Accounts. These bank accounts are the contribution and the accumulation of the $10/wk and $5/wk programs, respectively.
The diagram shows who will be responsibile for the WILDHOG Insurance Company
parts. I broke the Insurance Company into 4 groups/parts: Area of Study, Documentation,
Capital Investment, and Business.
This is the area of studies relative to the WildHog Insurance Company.
This diagram shows the Capital Investment.
We are in the fourth year anniversary of the family WILDHOG
Currently (after 3 years), the family WILDHOG Insurance Company has $5,600.00.
In the next 3 years, we will have over $11,200.00. At this point,
this insurance company
will help cover any funeral expense(s) for any member under the family tree,
and at the same time this program (family business)
will oversee the welfare of your
own family member(s).
In 10 years, we will have over $18,666.00 in this insurance company. At this time, the WILDHOG insurance company will cover 50% of any funeral expense(s) for anyone of us, while this program will continue to support other family members.
In 15 years, WILDHOG will have over $28,000.00. Here, the WILDHOG Insurance Company will cover 100% of anyone funeral expeneses, while this program will still continue to support the welfare
of all family members.
Obvious, I do not need a "$1millon" to open an insurance company. In fact, as my parents, and my brothers and sisters may know that I have started this WILDHOG Insurance Company with (negative) -$10,000.00. So when I wirte my book, I will title it "How to open an insurance company with a negative Capital Investment.
Many people will be curious "how to" do this. My book will have only one page, saying, "If you save less than $50 per week($2,500.00/52weeks = $48.07/week), you can open an insurance company." If I get $1 per book (since it has only one page) and let's say that within 10 years, I sold 1millon books, then I will have $1million. I will put that mil into the WILDHOG Insurance Company. By then, I will insure my house under this WILDHOG, then my car.
We are in our Fourth Year of the Family WILDHOG Insurance
Currently, our Insurance Company shows
We have established an Insurance Company showing.
This diagram shows the Family Protecting Account. The Pink circle is the WILDHOG Account (aka Protecting Account). The WILDHOG Department will support all family members. This Account will be the accumlation of ALL (5) other Accounts.
FINANCIAL OFFICERS & ACCOUNT DEPARTMENTS:
The diagram shows all 6 Bank Accounts with its respected Financial Officers. These Accounts are considered to be our Family Bank Accounts (aka, Money Rings). Each Bank Account will be represented by its own individual Department and its Trustees. These Bank Accounts are also known as The Family "MONEY RINGS" Departments. We will make sure that ALL of our kids get familiar with these money rings. We will start any Investment with the accommulation of The LOCUS and KOWHA Departments.D will be in charge of the Locus Department,
BANK ACCOUNT DEPARTMENTS: