The start of the year is a good time to start planning, especially if you have a major life event in your future. If you follow a few smart financial tips these life events don’t leave you broke and help you control the emotional aspect of these events that can lead to irrational financial decisions.
Being in financial distress is not always related to a single event. Many times it is the impact of minor bad decisions over a long period of time that can be the cause. There are five financial habits that can be very detrimental to your long term financial success. Changing these habits will make a dramatic difference financially. The five habits to change are: having an expensive daily habit, irresponsible credit card use, buying a car every two years, making many small purchases instead of one large purchase and the number one habit to change is using “hoping for the best” as your financial planning model.
The holidays are supposed to be all about fun and good tidings to all. Unfortunately the holidays can also be a time when we are most likely to be victims of fraud and other scams. There are a few simple ways to protect your money during the holidays
Even though 2015 is coming to a close quickly there is still time to make several smart financial moves that can make a big impact on your financial situation for 2015 and beyond. There are several different aspects of your life that can be impacted with a few quick financial actions before the end of the year.
Black Friday is the traditional kickoff to holiday shopping and it seems to always begin with a frenzy of activity. This frantic activity often causes impulse buying leading to overspending on the holidays. And it’s not just black Friday but the entire holiday shopping season that needs to be considered. Whether you are reading this on November 26th or December 15th, the tips below can help you stay out of the red financially speaking.
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. There are a few topics that are important to discuss.
We all want to be successful financially and yet it is the one aspect of our life we often neglect when it comes to the basics of achieving success. Success is usually derived from a solid plan much the way teams are successful in sports.
Do you ever find yourself justifying your spending? Using reasons like: it’s on sale, or I deserve to treat myself to a lavish vacation or I don’t make enough money to save. Excuses like this could really be derailing your financial success, maybe it’s time for a financial intervention.