Submitted by Mary Beth Storjohann on Fri, 01/17/2014 - 3:00pm
Your net worth, representing your assets minus any liabilities or debt, measures your financial health. One of the first steps on your path to workable wealth: Calculate your net worth to give you a starting point to look back on in the future.
Maintaining a positive net worth not only keeps you on a positive financial course; it helps you qualify for loans and more attractive credit terms – saving you a lot of money over the long run.
Submitted by Ken Weingarten on Fri, 01/03/2014 - 3:00pm
Your salary grows every year – presumably – and so should your savings, if even in tiny amounts. Here’s how it all adds up.
Personal finance writing uses 1% a lot lately – either as the figure to annually increase your savings or as the select slice of the population the financially aspiring want to join. Can consistently saving 1% more each year help you gain entry into the top 1% we heard much about over the past few years?
Submitted by Dan Crimmins on Tue, 12/17/2013 - 12:00pm
Your future arrives before you know it. But since we can’t predict what it will bring, how do we prepare for it? By making plans and doing that as early as possible. Here are some wise words to help you seize your moment financially:
Submitted by Manisha Thakor on Mon, 12/16/2013 - 3:00pm
If the terms “financial planner” and “investment manager” seem interchangeable to you, know that many people — even financial professionals — goof in differentiating. Understand the difference to maximize your financial well-being, and here’s how.
Confusion reigns because the terms don’t just describe job titles; they refer to distinct parts of the integrated financial processes of financial planning and investment management.