Building strong money habits and reaching your financial goals requires more than just an annual planning and budgeting session. Life generally doesn’t go completely as we planned which is why a mid-year financial review is key for financial success.
For the last few months, many of you have been getting ready for the summer by working out and changing your diet so you will be ready to be active. This same philosophy needs to apply to your financial situation to be ready for the summer.
It’s almost summer and for people of all ages that usually means vacation and an opportunity to create a financial problem. Overspending on vacation is often one of the top five money blunders people of all ages can make.
If your take home pay has increased this year either due to a raise or the tax law changes this could be an opportunity to make significant financial changes. There a few keys moves that can really can help you change your financial situation.
Want to make your budget work in 2018? The key is avoiding the many potential budget busters that will come your way this year. This should make for a more successful budget and a better financial outlook.
Many people are in the habit of making resolutions for the New Year and financial resolutions are often included. The key is knowing if they are realistic or just another resolution that will be forgotten before Ground Hog Day.
Most people don’t intend to be in a poor financial situation, it usually is a combination of misfortune and poor financial habits that lead them towards financial distress. There are a few behaviors that can be the foundation for a better financial outlook and mastering the basics will pay dividends your entire life.
Many parents are excited about spending time with their college kids who will be coming home for Thanksgiving in a few short days. This time together provides an excellent opportunity to talk about the financial aspects of their college life. You can have a good discussion as long as you frame it as an adult conversation, not a parent/child conversation.