People who are serious about improving their physical health know that it requires effort and a series of small steps taken over time. It’s much the same with improving your financial health. Here are some steps you can take to start or continue your journey to financial wellness. Look for Savings in Your Day-to-Day Spending… 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
Navigating the world of investments can prove difficult. It’s easy to get overwhelmed, lost and frustrated with the process. But the sooner you understand the process, value, and importance of investing, the more likely you are to achieve financial security in the future. Here are some tips you should consider to help ease the investing… 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
The Star Wars franchise has inspired no shortage of memes, quotes, dreams and followers over these past years. In honor of May the 4th (be with you), let’s take a look at the top five financial lessons we can draw from this world of iconic heroes, dreaded villains and explosive action. 1. Unlearn Bad (Financial)… Continue reading
Wills, trusts, powers of attorney — what do all these things mean? No question, estate-planning jargon can be confusing. Yet, having a plan is an important part of your overall financial wellness. Let’s walk through some basic terms, concepts and tools to help you better understand the components of estate planning. A Will Comes First… Continue reading
First, the car broke down, then the dishwasher stopped working, and now the dog is sick. Sometimes the old saying, “When it rains it pours,” seems to ring a little too true. When you need money to pay large, unexpected bills, where do you turn? Many people use credit cards or borrow from their retirement… Continue reading
We should spend less than we make. That seems like a simple concept, so why is it often so hard to do? Without a budget in place, it’s easy to overspend on the things we want and leave ourselves without enough money to cover the things we need. Focus Your Spending on the Essentials The… Continue reading