For most everyone, following the basic money rules is the path to success. However, just like all rules, there are exceptions. Knowing when to break a money rule can be the key to long term financial success.
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.
We have all heard the sage financial sound-bytes that seem so powerful and useful. But what do they really mean and how can they be used in everyday life? Decoding the true meaning of some of the tried and true financial sayings can be very helpful to your financial situation. Applying these thoughts will produce positive results.
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.
It’s time to make the most of your 401(k). You’ve probably heard these tips before, but sometimes it’s good to have a mental refresher to put these tips into practice!
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.
Helpful financial advice can be found everywhere. The key is understanding and taking action on the tips we hear so often. Understanding how you live within your means or what it takes to save early and often for retirement is not always as easy as it seems. The way in which you follow the advice is key to developing a solid financial future.
For most people, following the basic money rules is the right choice for their financial situation. However, as with most things in life, there are situations that following the tried and true advice might not be the best option.