Financial Considerations Before Remarriage If you’re about to remarry, you’ve probably already made some major decisions together — such as how you introduced your families to each other or deciding where you will live. And that’s just the beginning. You and your new spouse will also have to work out a number of financial and… Continue reading
Debt is something most everyone deals with at some point during their life. The size of that debt may range from the cost of a new sweater to a home mortgage. Whatever the case, knowing how to handle personal debt is important for maintaining healthy finances over the long term. Are You in Too Much… Continue reading
The goal for most parents is to raise children who grow up to be successful and independent. And young people who recently finished college are especially eager for independence. However, rent, student loan repayments and other financial obligations can make it a struggle to get started in life. Some parents may consider offering their children… Continue reading
The purchase of your first home may be the most important financial decision you’ll ever make. While finding the perfect property in the location you love feels like the beginning of your journey, there are numerous other aspects of buying a home you should consider first. You will have to come up with a down… Continue reading
Do you wait until May to take down your holiday decorations? Do you hit snooze on your alarm clock each morning? Do you put off grocery shopping until the only food in the fridge is a three-day-old leftover meatloaf? Then chances are, you’re a procrastinator. When it comes to managing your finances, procrastination can put… Continue reading
What Emergency savings accounts are an important part of any financial plan. The purpose of these accounts is to cover or offset unforeseen financial emergencies. Such emergencies can include car repair, medical expenses, or even employment termination. Your account should ideally be separate from your primary savings account. This helps reduce the temptation to spend… Continue reading
Unless you’re planning to move to a new and more expensive city, you probably don’t give much thought to the cost of maintaining your lifestyle – or your personal “cost of living.” But your cost of living can change without a cross-country move. You might buy a car that’s more expensive than your last one…. Continue reading
Ever felt trapped by your growing amounts of debt? It can accumulate fast and leave you in a deep financial hole. The more debt you have, the harder it may feel to achieve financial stability. By understanding the categories of debt, you can learn how to put a repayment strategy in place. There are four… Continue reading
Most of us will be on a fixed income once we retire. In addition to any pension or social security benefits we might receive, we will need to determine how much to pay ourselves out of our retirement savings account. Retirement industry experts recommend planning to be able to replace 80% of your pre-retirement income…. Continue reading