Tag: finances
7 Tools To Build Wealth After 50
There is an old joke in my office that goes like this: Everybody can retire in 15 years starting with nothing. I can prove it. Most people overspend until their birthday has a 5 in front of it. Then they panic. OMG! I have only 15 years until retirement! And then they get serious and […]
5 Tips: Helping Your Aging Parents Manage Their Finances
As a society, we often find it hard to discuss financial issues. Having that conversation with loved ones can be even harder. In fact, according to the study by the National Endowment for Financial Education cited here, seven out of 10 adults find it hard to discuss financial issues with aging family members. While these conversations […]
The Fuzzy Math Behind COVID-19
Fear is the most powerful weapon in war. Hitler deployed buzz bombs against London in an attempt to destroy resolve and heighten fear during World War II. It nearly worked, if not for the even greater resolve of the British people and their leader, Winston Churchill. Fear is such a powerful weapon that nations will go to […]
4 Tips To Consider For Financial Security During Retirement
Retirement planning should start today because when the time comes that you can’t work like you used to, your finances are going to change a lot. You might have questions such as what your end retirement savings goal should look like, the kind of investments that would help you reach that goal, what kind of […]
4 Tips To Help You Start Saving Money
On the surface, saving money seems like an easy concept. But in practice, it is much harder. Saving money is especially hard for people who don’t have a reliable or stable income. If you haven’t started saving for the goals in your life, these quick tips will help you. Start Tracking Your Expenses The best way […]
Projecting Finances For The Aging
In assisting my mother-in-law with her finances, one of the things I’ve done is to project how long her savings will last. I’m monitoring her income, spending and savings to ensure she is able to live comfortably now and still has enough to cover future potential living and care expenses. Since it may be of […]
6 Retirement Planning Tips For 50 Year Olds
Retirement Planning Action Tips for Today You’ve hit the big 5-0 and the reality that you’re not going to work forever sinks in. If you’re like most Americans, your retirement account is on the lean side. A recent Economic Policy Institute article reports that for households between ages 50 and 55, the average savings balance is $124,831. Yet, […]
24 Simple Rules Of Personal Finance You Must Follow
Personal finance. Oh, personal finance. Why aren’t thou known to all? That is the question, isn’t it? There really should be no reason that we have to cross the internet searching for the answers to personal finance because we can’t figure it out. We should receive all the financial education we need on money matters […]
Stop Forgetting These Essential Items From Your Budget
Do you use a budget for your household expenses every month? If you do, congratulations! You are on your way to a more financially secure future. If not, check out my beginners guide to budgeting. There are items in a budget that seems to never be included when you look at normal family budgets: savings and taxes. […]
8 Money Tips That Will Change Your Life Forever
That is the goal, right? To finally have enough money to live your life the way you want. A life where you don’t have to worry about deadlines, or your bossy boss or an annoying colleague. A life of where you have the time to travel, make new friends, dine in the best restaurants. In […]
