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.
Financial advice is often very general in nature. Too often we can mis-understand financial advice or not apply it correctly. This leads to missed opportunities or even poor money decisions. Having an understanding and applying this advice to your situation is very crucial.
Building strong money habits and reaching your financial goals requires more than just an annual planning and budgeting session. Life generally doesn’t go completely as we planned which is why a mid-year financial review is key for financial success.
With the first quarter of the year almost in the books, it might be time to look at those resolutions that you formulated at the start of the year. Many of our New Year’s resolutions may have gone by the wayside. If some of those forgotten resolutions are financially related there is still time to get them back on track.
For millions of Americans, they have or will soon receive a tax refund check this year and for others, this is the time of the year they are receiving annual bonus payouts. These windfalls of money can be a great temptation or a great opportunity.
If your take home pay has increased this year either due to a raise or the tax law changes this could be an opportunity to make significant financial changes. There a few keys moves that can really can help you change your financial situation.
While many entrepreneurs focus on how they can quickly increase sales, it is equally important to look for strategies that will help lower expenses. By lowering certain expenses, you can then use the available money towards other areas of your business. Whether you are a new or experienced business, here are three items to consider to maximize savings and grow your bottom line.