Tag: investment decisions
8 Steps For Planning For Your Financial Future
With so many of us falling into the trap of immediate self-gratification, we often neglect the financial planning that’s needed for our future. And as Scott Langdon from MoneyTaskForce.com says, “if you fail to plan for your financial future, you’re basically planning to fail. And we all know that the consequences of poor financial planning can be […]
Frugal Not Cheap: 3 Important Differences
There are many differences between being cheap and being frugal. Someone who is cheap does not want to spend money on anything, regardless of its value. Someone who is frugal understands the value of things but wants to cut costs when possible. It is important to understand these differences in the following situations. Short-Term Versus […]
6 Beginner Investing Mistakes (And How To Avoid Them)
New investors have access to more information than ever before to help them get started, but beginners often make simple mistakes that prevent them from attaining their investment goals. While it takes time to grow more comfortable with investing, fixing these common errors will immediately make you a more effective investor. 1. Using the First […]
5 Important Financial Decisions You Must Make Before Your 40th Birthday
People in their 20s can afford to be carefree, live life to its fullest, and make their own fair share of life’s inevitable mistakes and follies. In your 30s, you’ll most likely tone down your exuberance and focus more on your career or family. However, as you enter your 40s, the prospects of retirements start […]