Financial Planning Archive

Roger was devastated to hear about the passing of his grandfather. The two were close when he was a boy, but now he had a family of his own now and lived on the other …

Protecting yourself from financial inflation is about making wise financial investments when you make your decisions about what to do with extra money. There are so many competitive places where you can shop for products …

The immediate aftermath of the Lehman Brothers’ declaration of bankruptcy in September of 2008, can only be described as tumultuous for people who held money market fund accounts. This relatively safe investment, in an industry …

Retirement Savings is something everyone should think about, especially the way social security is going. College graduates are in the best position to take advantage of long investments and compound interest because of their age.They …

The importance of financial planning is often underestimated. Those with disposable income think they don’t need to do any planning financially because they have money to buy what they need and those with limited income …

Are you graduating from college? This is a monumental achievement for young adults. This marks the beginning of the “real world” however this achievement does come with new financial responsibilities for the young adults. Making …

Income diversification is the key to survival in today’s economy because diversification lowers the risk of complete financial loss. The more income sources an individual has, the better off they will be. It is no …

Bonds are the classic “conservative” investment – low or no risk, but only modest returns. When you buy a bond, in effect you are lending money to a company or a government, which that company …

Offering financial aid to children now or later is the major premise of this debate. Acceptance of that assistance will no doubt have varying degrees of response and determination by the children. That determination can drastically …

Not only can managing your money be difficult, it can also be very stressful. Instead of stressing out about it, though, try becoming organized. My wife and I used to struggle with our money management, …

Very few children know the value of money. They see that their friends have the latest electronic gadgets, designer clothing or fashionable jewelry and they want it too. They have no idea how much those …

It is very important in today’s society to understand the role financial planning has in everyone’s lifestyle. Good financial habits can permit you to keep track of your money. In today´s society, it is important …

Net assets is just a fancy way of saying what is your overall balance once you’ve taken account of all your assets (e.g. shares and savings) and all your liabilities (i.e. debts) The equation for …

Your daily disposable income (or DDI) is, quite simply, the total amount of money available to you to spend according to your whims each day once all your financial commitments have been taken into account. …

Financial prosperity doesn’t come easily. It takes hard work, discipline, sacrifice, and patience. However, by following a few simple rules, you can get there. Here are the guidelines my wife and I have followed, and …

College is one of the biggest expenses most people will ever face and sadly this expense deters many people from going to college but it shouldn’t there are many ways to deal with the expenses …

Financial planners are not necessarily regulated, but most of them choose to obtain one of a series of legitimate certifications so that they can signal to consumers that they know what they are doing. Also, …

Dealing with finances is one of the most common dilemmas that college graduates face. Upon finishing school, these graduates find a job and start to earn a living. However, since schools only taught the necessary …

Helping our children is important; however, there comes a time and a place where there are things that don’t really help. Giving them as much money as they need, often falls into this category. Forging …

Retire Young, Retire Rich is the fourth book in the popular rich dad series written by Robert T. Kiyosaki. For those new to Robert Kiyosaki and his material, his books primarily advocate the teachings of …

Life is difficult. Unfortunately, it is much more difficult during an economic crunch such as the one we’re going through right now. My wife and I found it particularly challenging, so we tried changing our …

The importance of financial planning is unparalleled. In fact, it may be the thin line that may define success or failure. Everybody needs a financial plan because without it, how can you define and achieve …

When to buy real estate can be as tricky as when to invest in a stock. How do you time your purchase? Today, the markets are precarious. There are a few things you can use …

Financial planning is important for people of all ages. Some people in their early and even late twenties believe that the process of financial planning should be implemented when a person is in their late …

Bad things happen to everyone. When you incur a sudden or unexpected expense that causes you to draw money out of your saving account or require money from other sources you now have a financial emergency to deal with. …

Budgeting involves you having a clear set of boundaries to adhere to in terms of your finances. It is important that when you plan a budget that you are actually very realistic in doing so …

Budgets are an essential part of managing finances but most people either never get around to making a budget or they don’t manage to stick to the budget they set. Budgeting is done with the …

The longer you rent, the more likely you are to postpone purchase of your house.  Federal Reserves in its Survey of Consumer Finances has consistently found a huge gap between the average net worth of …

If you are not rich enough to fund your College education yourself, these groups of co-students are bound to help you out. All you need do is identify them and make yourself available to them. …

So, you have money issues, but you don’t know how to go about solving them. This is where a financial planner comes in. A financial planner is a qualified professional who helps individuals or companies …