One of the keys to financial success is understanding that the use of savings or debt for purchases has a major impact on your future financial success. More to the point, how you pay for any purchase has a direct correlation to your future financial success.
September is National Preparedness month and an important component is being financially prepared for all of the life events that can come your way, expected or unexpectedly. It starts with understanding how different life events might impact your financial situation. Being prepared could be easier than you imagine.
If you’re looking for a fresh start in your finances, or even a few reminders to help you stay on track, we have 3 simple financial rules you can follow!
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.
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’s July, half the year has already passed and if you haven’t achieved all of your financial goals, don’t worry. There is plenty of time to straighten out your problems and get back on track with your financial goals with a few simple strategies.
For anyone who wants to improve their financial situation, the first step is usually tracking their spending to see where their money is going. The second and much harder step, deciding where their money should be going which usually means a drastic change in financial habits.
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.