Financial Planning Archive

Salaried positions are generally thought of as better than those paying an hourly wage, although there are, in fact, potential benefits and drawbacks of both, largely depending on the industry. Increasingly, businesses tend to avoid …

Although financial planning might not make it to the top of your list of things that are important to the well-being of your family, it is nevertheless an integral part of being worry-free. Instead of …

One of the most common problems that couples face has something to do with finances. Couples normally struggle to make ends meet and to cover the seemingly endless everyday expenses. Though many couples recognize the …

Being organized means being orderly, and it is very important in financial planning. Financial planning in its simplest sense, is plotting financial goals you want to achieve in the future and then matching those objectives …

At some point in our lives, we’ll find the need to save for our future. In this day and age, nothing is certain. We don’t know what lies ahead, we can be laid off with …

The importance of saving money and planning financially for the future is well known. What might not be as well known or even realized is that in order to have a financial plan that is …

Financial planning is an important part of making the most of your money and being able to obtain your financial goals.  One of the most important tools in your financial planning is a monthly budget.  …

A debt free life is a very ideal life financially but it seems to be a very steep uphill climb to achieve such a feat. Many people, even financial professionals and experts, suggest that in …

In this economy, it’s difficult for youth to save let alone plan for retirement. There are many obstacles to initiating a sound retirement strategy that permits a secure and comfortable lifestyle for the winter years. …

Parents want to help their children with college the best way possible. Even by doing so, those children usually find themselves getting part-time jobs to save enough money for things such as tuition, room and …

In these days of financial complexity, building a secure future without a plan could be compared to building a house without a blueprint. If the shear volume of financial advice about saving, investing, insurance, estate planning, …

Are you a little tight on cash right now, but the bills need to be paid by next week? Well, if you are thinking of ways to get cash now, you could always borrow from …

There are things that can throw you off track financially. Becoming ill, getting married, divorced or finding yourself with a decrease in income. When something interrupts your financial standing you might find you become desperate …

It is vital to ensure monthly expenditure does not exceed monthly income in order to live within one’s means. Additionally savings should be put aside for an emergency fund and the future. The benefits of …

Financial security and independence is one of the few things that everybody wants to achieve yet only few make it. Whether we like it or not, finances play a very important role in our lives …

If you have a large estate, a living trust might be exactly what the doctor ordered. Living trusts protect your assets for your beneficiaries in a way that other trust vehicles do not. These trusts …

“Money is like a sixth sense without which you cannot make a complete use of the other five”, said a wise gentleman. He couldn’t be more precise in summing up the role of money in …

Balancing finances is critical. Finances that aren’t being balanced and monitored take a life of their own and sooner or later, they become so serious that that cause financial stress. Balancing finances isn’t as tough …

Depending on whatever financial situation you are in, you may want to take out a loan. It could be a loan for a new car, a medical payment, repairs of the nature, or college tuition. …

The necessity for planning for the future varies from person to person. Planning for the future is an important step everyone should make, but don’t wait until it’s too late. There are many ways you …

If regular folks knew how shockingly ordinary millionaires were, there would be a lot more millionaires.  One of the biggest erroneous ideas in the way of ordinary folks getting rich is that the rich are …

To make the most of your money, it is important to start financial planning as soon as you can. When you start your first “real” job and start earning a salary, you are likely to …

There are folks who feel that they will get where they need to be in life (although they may not be sure where that is) if they put one foot after the other. They feel …

We all dream of being successful and financially prosperous, don’t we? The desire for prosperity and financial freedom is common to everyone, but only a few are able to actually live their dreams. And you …

Developing the knowledge and skills for money management is a life-long process, but it’s important to start as young as possible to take advantage of many concepts. Being in my early 20s, I can tell …

When the going gets tough, it is time to get going and find ways to bring in some additional cash in a hurry. If you have a full-time job, you could borrow from a payday …

Money management is a skill not taught well by our public school system. Doubt me? Entice your highschool aged child into a friendly game of monopoly…then half way through the game, just reach over, steal …

Many people are simply too busy or just do not know how to keep a proper budget, but it does not have to be as tricky as you think.  Keeping a budget is one of …

These days, family finances can get too crunched for anything as lofty as “investing in a career” or “following the American Dream”; just getting out of debt might become the new American Dream. If a …

The person who can accurately estimate his or her future expenses and then be able to pay each of those expenses in a timely manner when each of those expenses becomes due and payable is …