Submitted by Cherice Chen on Tue, 08/26/2014 - 3:00pm
What’s on your dream list? A yacht? A Lamborghini? Or a house in a summer resort? Well into your career and financially secure with extra money to spend, you now look for a treat, a reward for all the hard work of your youth. Advisors, however, have some important caveats for you when you plan to make such luxury purchases.
Submitted by Mary Beth Storjohann on Mon, 08/11/2014 - 3:00pm
Everyone goes through transitions in life, ready or not. Moving, switching jobs, getting married, having children – each one creates additional financial challenges. Some of life’s changes are foreseeable, while others catch us unprepared. Taking the necessary precautions is key to ensuring your financial stability amid these shifts.
Submitted by Sophia Bera on Tue, 08/05/2014 - 3:00pm
You probably go through many days feeling invincible. Bad things – or even just the weird and unexpected – happen to other people, not you. Wrong. When life throws you curves, almost always when you least expect, you need ready cash.
One possible curve: You come home to a wild turkey in your living room. A few months ago, one of my clients took a weekend trip with her boyfriend. On Saturday, they got engaged. On Sunday, they received a call that the patio door on their apartment “blew out.”
Submitted by H. Jude Boudreaux on Mon, 08/04/2014 - 3:00pm
For all these years I work with families, I notice one characteristic they have in common. When facing financial choices, they too often become paralyzed out of leeriness they will make the wrong ones. The answer is to get a good handle on their financial picture, so they can act.
Don’t get me wrong. They’re incredibly bright, they are achievers for most of their lives, and they have the financial success that they always expected. But these qualities work together to create a storm of fear that prevents them from making decisions and taking steps forward.
Submitted by Jordan Mills on Fri, 08/01/2014 - 12:00pm
In his best-seller Men Are from Mars, Women Are from Venus, John Gray talks about men “going to their caves.” Yet in financial planning, both genders often retreat from difficult situations and decisions. This harms financial futures – especially women’s.
Submitted by Jeff Rose on Tue, 07/22/2014 - 3:00pm
Raising a family is expensive. Before my wife and I had our first son, I was terrified. We were decent at managing our finances, but I suddenly felt that I had holes in all my pockets. I’m sure other families feel this pinch and constantly look for ways to cut costs.
Try some of the following money-saving tips and use them to take charge of your budget.
Submitted by Mary Beth Storjohann on Thu, 07/17/2014 - 12:00pm
This year is more than half gone. Amid your summer vacation and plans for fun in the sun, find time now for your mid-year financial checkup.
Like many, you probably picked a financial goal for this year, such as pay off debt or generally get your financial house in order. Now reevaluate your intentions and take a good look at where you stand. Start reviewing the following:
Spending plan. Cash flow management is key to a successful financial future and knowing where your money goes a must in creating a plan.
Submitted by Heidi Clute on Tue, 07/15/2014 - 12:00pm
You unfailingly schedule your annual physical and health screenings and dental checkups for you and your family. Schedule time for a regular wealth checkup, too, to determine your money situation today and how close you are to your financial tomorrow.
Here’s part one of what you need to do at least annually to make sure your money works hard for you.