During the first quarter of the year is when most people receive raises, bonuses or tax refunds. Leading many people to question of what they should do with this windfall of money. How you use this money has a dramatic impact on your financial future.
The amount and type of debt a person has accumulated is directly linked to that person’s current financial wellbeing. Too much debt can be financially debilitating and not using debt can keep a person from moving forward. Fortunately, managing debt wisely isn’t difficult and it can change your financial outlook.
Making financial resolutions each year is an exercise almost all of us do. Unfortunately, we often make vague and hard to measure resolutions. Without specific goals, follow thru is very difficult and without actionable goals, resolutions tend to never move past the proclamation stage.
Even though there are several important financial events in your life, your retirement is the single most important financial step in your life. Preparing for this event shouldn’t start a few years before it happens.
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 unexpected. It starts with understanding how different life events might impact your financial situation.
We often hear that a budget is the key to financial success but did you know there are many different types of budgets? Picking the one that works for your current situation is the key to budgeting success.
Are you getting a raise or promotion soon? If you are, it could be a good time to make a few subtle changes to your financial situation. Here are a few moves to make with this new found money so that you can be money smart.
A person’s life can be greatly impacted by the financial goals they establish for themselves. If you are happy with just getting by, likely that will be all you ever accomplish. Setting stretch financial goals in four areas is the key to improving your financial well-being.