If you want to know how you are doing financially from a big picture perspective there are only four numbers that you need to know to gauge your financial situation. These four numbers provide a snapshot of where you are today and also provide insights on how well you are doing over time.
If you want 2017 to better financially than 2016 you really need to have a plan. It doesn’t have to be complicated, sometimes a simple plan works the best. A plan based on foundational aspects of money management can actually be easy to follow and requires only 6 steps.
One of the traditional activities for this time of year to make resolutions for the New Year. Making smart financial resolutions should be part of your New Year’s resolutions. Avoiding the common mistakes in making resolutions can help you be more successful in achieving your goals for 2017.
While you may not be ready to begin saving money during the holidays, the New Year is a great time to start once the hustle and bustle is over! To have the greatest success, it’s important to set practical goals you can achieve. FORUM can help you do this with our 52 Week Money Challenge. With this plan, you can save money incrementally throughout the year.
Earning more and being frugal are often cited as the keys to financial success. Increasing your salary and cutting expenses though are only part of the picture. Your net worth is the true gauge of our financial success and building net worth needs to start very early in your financial life.
If you hope to one day retire early, it’s important to begin planning now. Below you’ll find a few quick tips to help you get started.
Finding extra money is good any time whether it’s one dollar or one thousand dollars. What is surprising is that many of don’t think of all the places we can find a little extra cash. Finding this cash can be little effort but for bigger windfalls, a little more effort might be required.
If your son or daughter is heading to college this fall, both you and your child most likely have a lot on your mind – finances, meeting new people, choosing a major, and more. With all of these conversations happening, it’s a great time to talk with your child about the basics of budgeting, establishing credit, and opening a free checking account.