Have you set your New Year’s resolutions yet? According to a recent study, 31 percent of them are money-related. The top financial resolution was to save more money (39 percent), followed by paying down debt (24.6 percent), improving spending habits (15.1 percent), investing more (11.6 percent) and getting a raise (11.3 percent). Interestingly, men were […]
By now, most of you should have received your 1099s or W2s from your employer to start your taxes. According to a recent survey, 49 percent of respondents said they would pay someone to do their taxes, 38 percent would do it themselves with tax preparation software, 10 percent would do it themselves by hand, […]
According to a recent study by Tom Corley, author of Rich Habits: The Daily Success Habits Of Wealthy Individuals, there are few key habits that separate the rich from the poor. “Rich people” are defined as having a yearly income of $160,000 or more and a liquid net worth of at least $3.2 million, and “poor people” […]
Everyone should have a financial plan, regardless of age, income or net worth. It will help plan for the future and meet goals. Having a skilled financial adviser can be vital in helping create a financial plan. Some people like to do it themselves, but for those who do not have the time, desire or […]
The best financial goals and plans can be easily derailed by common mistakes that can act as roadblocks. Here are some of the top financial goals people have: Generating current income (59%) Providing health insurance coverage (55%) Managing/Reducing debt (53%) Building a Retirement fund (51%) Building an Emergency Fund (47%) Preparing for future medical needs […]
Many of us have an investment portfolio or work retirement plan. Investing is an important component for retirement planning and financial independence. We saw however in the 2008 financial crisis that sometimes investing can produce losses, not gains! The three main traditional asset classes to invest in have been stocks, bonds and cash. Recently, another asset […]
Planning for a baby with your partner? Check out this calculator below to see if you’re in a good financial place to start.
One of the top financial goals people have is purchasing a home. Many people buy a house only once in their lifetime, which is why you want the best representation possible for your needs. This is the first of three articles to help you make smarter decisions in purchasing your first home, an investment property […]