I was asked recently if I was a “fiduciary”. I had to ask what they meant with their question. “Fiduciary” always meant to me the same thing as “trustee” as with a trust or acting in a manner having been … Read More
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Financial planning is not just for the elite 1% – You might not have thought of everything!
In a recent article by Forbes it was articulated why financial plans are not only for the 1%. This is #7 of their top ten reasons. ” 7. It will help you identify risks you hadn’t thought of. Part of … Read More
Financial planning is not just for the elite!
In a recent article by Forbes it was articulated why financial plans are not only for the 1%. This is #10 of their top ten reasons. ” 10. It will help you live more comfortably. Those with a plan are … Read More
Women, Money, and the Long-Term – Do you focus on yourself?
How many long-term financial decisions have you made for yourself? How steadily have you saved and planned for retirement? Have you looked into ideas that may help to lower your taxes or preserve more of the money you have accumulated?
Women, Money, and the Long-Term – Are you too focused on the short-term?
How many short-term financial decisions do you make each week? You probably make more than a few, and they may feel routine. Yet in managing these day-to-day issues, you may be drawn away from making the long-term money decisions that … Read More
Should I consider life insurance or should I wait until I am older?
Shopping for coverage may seem confusing, boring, or unnecessary. Yet when you have kids, get married, buy a house or live a lifestyle funded by significant salaries, the need arises. Confer, compare & contrast. Talk with a financial or insurance … Read More
NFL player makes millions, but lives on $60K per year.
Detroit Lions wide receiver Ryan Broyles studies his personal financial situation. This started during an NFL rookie symposium. This NFL player has a $3.6 million contract. Through careful planning and budgeting he has chosen for himself and his family to live on … Read More
Is America Prepared to Retire? Two-thirds of us have no financial plan.
Only 48% of Americans say they think they are saving enough. And 30% feel that they are not even slightly confident that they are saving enough for retirement. That finding comes from the 2015 Consumer Financial Literacy Survey conducted by … Read More
Making choices about money. Helping children understand money.
Everyone learns about money differently. Some people get it quickly. Some people do not understand basic principles about money even as adults. You can help your child along their path to understanding money by allowing thier opinion in some financial … Read More
Money management ideas for children.
Set aside three containers. The containers could be envelopes or something more firm such as a jar or box. Label the containers Share; Spend and Save. When money is received by your child, as gifts or from small jobs, help … Read More