This is the time of year that many couples are taking their relationships to a more committed level. With Valentine’s Day being this week most couples probably talked about love but for long term relationships a discussion about money is critical. Following the money relationship advice below might be just as important to your relationship as expressing your love for each other.
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.
It has been reported in the last few weeks that the Federal Reserve is planning to increase their rates two or three times in 2017. The impact for you might not be exactly what you think it will be regardless of whether you have a variable rate loan or not.
If you want 2017 to better financially than 2016 you really need to have a plan. It doesn’t have to be complicated, sometimes a simple plan works the best. A plan based on foundational aspects of money management can actually be easy to follow and requires only 6 steps.
One of the traditional activities for this time of year to make resolutions for the New Year. Making smart financial resolutions should be part of your New Year’s resolutions. Avoiding the common mistakes in making resolutions can help you be more successful in achieving your goals for 2017.
If you have a desire to make 2017 better financially than 2016, a great place to start is to review what is working and not working in 2016. This will help you be more successful in 2017, especially if you had a few hiccups financially that proved challenging to overcome.
With the holidays fast approaching, we are all busy making plans and creating to do lists to get ready. If you have kids using the holidays as a teachable financial moment should be on that list. There are several opportunities to help make sure that holiday traditions don’t include financial woes.
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.