Everyone makes hundreds of financial decisions in their lifetime and no one ever makes them all correctly. However, there are a few mistakes that everyone needs to avoid to avert financial catastrophes. These are decisions that can have long lasting consequences.
Saving enough money for retirement can be confusing and intimidating, which can prevent people from thinking about it altogether. This lack of planning is just one threat to your future’s financial security. Whether you’ve been planning for years or you’re just starting out, here are seven threats to your retirement to keep in mind.
It never hurts to have a few goals in mind as you approach various age milestones. For example, before you’re 30, you should be maximizing employer benefits like a 401(k) plan. But what are the financial goals you should think about before you reach 40? Here are a few areas you may want to consider.
It's possible that more than your house that can use Spring cleaning. If you are like most people, your finances could probably use a little work as well. Now is a great time to start and the most of the items on a financial Spring cleaning list can be completely in less than 30 minutes.
As you plan for retirement, there are sure to be glitches along the way. But it is important to know that there is always time to make a correction. Whether you’ve been planning for years and years, or only a few months, you may benefit from taking a look at these common planning mistakes and how to correct them.
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.
The current market conditions can certainly make us all a little nervous about investing and perhaps lead us all to question our strategy. Following a few basic tips can be helpful in these turbulent times.