The Path to Financial Wellness

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 that can take you closer to achieving financial wellness. Spend Less Than You Earn You’ll never get ahead financially… Continue reading

What’s Your Risk Tolerance?

Risk tolerance is the amount of risk you’re willing to take with your investments. As a general rule, younger investors have more time to keep their money invested and can accept more risk than older investors who will need to access their money sooner, such as in a few months or years. Market volatility is… Continue reading

Embracing Emergency Savings

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

Finding Your Financial Foothold

Without a budget, each month can leave you struggling to find a secure financial foothold. Have no fear, a potential solution does exist. As we learned in the “How to Budget for Success” article, we know 50% of your total income should go towards essential costs and 30% goes towards lifestyle priorities. Then, the remaining… Continue reading