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.
It has been reported in the last few weeks that the Federal Reserve is planning to increase their rates two or three times in 2017. The impact for you might not be exactly what you think it will be regardless of whether you have a variable rate loan or not.
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.
The holidays are in full swing now and for many work and family life are transitioning to holiday mode as well. For your finances you can’t really take a break if you want to be financially successful. Now is a critical time to stay focused and not make financial mistakes that can start your 2017 off in a financial crunch.
The holiday season is always full of hustle and bustle with shopping, holiday parties and travel. Many people are so focused on the holidays that they can let their guard down and be susceptible to fraud and scams. Just a taking a few precautions can help you avoid most scams and frauds.
Between Black Friday, Cyber Monday and Giving Tuesday, you have had several opportunities to exceed your holiday budget with still nearly a month to go. If you find yourself in that situation, don’t panic. You have several options available that can use to get yourself out of this financial difficulty.
If you have a desire to make 2017 better financially than 2016, a great place to start is to review what is working and not working in 2016. This will help you be more successful in 2017, especially if you had a few hiccups financially that proved challenging to overcome.