Whether you are 5 years from retirement or 25 years from retirement, understanding a few key assumptions regarding retirement planning can be helpful. Finding the truths about retirement advice and how it might apply to your situation is an important step in having the retirement that you desire.
Being a good credit risk starts with your credit score but there is so much more that financial institutions use to evaluate your credit worthiness. And the lower your credit risk the lower your rate will be when you obtain a loan. Following are a few ways you can become an attractive borrower to every lender.
Most of us have signed up for health insurance and 401k from our employer but we might be missing some of the other money saving perks offered. And sometimes employees don’t take full advantage of the benefits they are using. Taking full advantage of employer offered perks can have many short term and long term benefits for your financial situation.
The stock market has been a bit tumultuous during the last few days and this type of market can often lead many investors to make mistakes that could have drastic consequences on their financial future. The keys to surviving a stormy market are relatively easy to do. Surprisingly, a lot of the effort should be done prior to any market downturn.
In the next few weeks, several thousand college freshmen will be arriving on campus excited to start the next chapter in their life. An often overlooked aspect of this new life is the financial wisdom needed for this new found freed. Following are five tips for parents to share with their college bound children.
Getting financial advice is often overlooked for important life events and sometimes you really need advice from other professionals too. Many times we don’t realize that certain events have many other consequences that are beyond our base of knowledge. Knowing when to seek advice is really an important skill to develop.
We have all heard that debt is bad, but realistically almost everyone has to have debt. Not many people can really afford to pay cash for a home or a car. Knowing the difference between good debt and bad debt is a key to financial success.
We all come from different backgrounds, have had different life experiences and are probably in different stages of life. We do however have one thing common despite all of our difference. If we are not where we want to be financially, it is usually ourselves that we have to blame.