Congratulations on graduation! It’s time to get geared up for college so you can meet new people, discover your academic interests, and welcome some more financial independence. As you transition into college, managing your money well can make your life easier. Here are a few things to think about.
Family is one of the strongest bonds - most of us will do anything for our family, especially parents or kids. And it is this strong sense of responsibility that can create havoc to even the best laid retirement plans. There are a few moves you can make to help avoid financial disruption caused by your family especially if your become aware of some of the possible negative outcomes that could be looming in your future.
For a healthy financial future, it’s essential that your child learns how to manage money well and appreciates the importance of saving money.
The New Year is a time for new beginnings. A time when people make declarations to lose weight, quit smoking, volunteer to help others, and develop better habits. You probably have a mental list of personal areas you want to improve. But have you considered adding a financial resolution to that list? How would your life look if you saved more, spent less, paid off debt, and planned for retirement?
A budget is a listing of your income and expenses with the goal of making your total income be equal to or greater than your total expenses.
If you are not happy with your current financial situation, maybe it’s time to take action and start getting fit financially. There are a few ways to get your financial situation in shape and it starts with realizing you might not be where you want to be financially.
Saving money takes time and dedication especially if you are saving for something specific. So, how do you save with a goal in mind? Here are some simple steps to start with:
Auto dealers and carmakers offer all sorts of special deals that seem to be very attractive. Whether it’s a $3,000 rebate, zero-percent financing, or some other kind of incentive, the deals make the car of your dreams seem like a great buy. But do those incentives always give you the best deal?