Many people are in the habit of making resolutions for the New Year and financial resolutions are often included. The key is knowing if they are realistic or just another resolution that will be forgotten before Ground Hog Day.
Most people don’t intend to be in a poor financial situation, it usually is a combination of misfortune and poor financial habits that lead them towards financial distress. There are a few behaviors that can be the foundation for a better financial outlook and mastering the basics will pay dividends your entire life.
Many parents are excited about spending time with their college kids who will be coming home for Thanksgiving in a few short days. This time together provides an excellent opportunity to talk about the financial aspects of their college life. You can have a good discussion as long as you frame it as an adult conversation, not a parent/child conversation.
A lot contributes to being financially sound and healthy, but there are essential money habits that help put you on the right path. Start with these basics now and grow your financial savvy from here.
The holidays season is about to start and with it will come several opportunities to make financial mistakes. Many people start the New Year off in a desperate financial situation that can be avoided with just a few common sense tips and a little planning before the holidays actually start.
Do you have a desire to live more comfortably financially speaking now and in the future? It doesn’t have to be all about earning more money. The concept of living below your means now so that you can retire earlier and more financially set later is a way of life that is different.
It may sound scary at first, but doing a regular budget check-up can be both easy and extremely beneficial. We want to give you four simple ways you can review your numbers to conduct your own budget check-up. You’ll take a look at your debt, emergency savings, net worth, and discretionary spending.
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.