No matter what stage of life you are in right now, there are smart financial moves you can and should be making to improve your financial situation. Not making these moves doesn’t necessarily mean your financial outlook is bleak but it can make it much more difficult.
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.
During your lifetime you will certainly spend more than you should, not save enough or make some other poor financial decision. The little mistakes might not seem important but any money mistake can lead to bigger problems if not fixed.
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.
Lets face it, managing money can be adventure especially in today’s ever changing financial environment. Whether you have a portfolio of investments or it is just managing your 401k, there are mistakes to avoid if you want to have long-term success.
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 breakers.
In the next couple of weeks, thousands of college students will be heading off to college for the first time or maybe the fourth time. As parents, there is a wealth of information to impart to your children, but perhaps the most important are the following five financial tips.
The biggest threats to achieving the retirement of your dreams are actually very easy to control if you recognize and deal with each of them. You need to acknowledge these potential retirement threats and develop strategies to make sure that you don’t fall prey to one of these potentially devastating actions. It is also important to note that some of these retirement threats might present themselves very early in your life so strategies to avoid these threats need to be devised long before you get into your 60’s.