Category: Financial planning

Why financial planning? Planning for a secure financial future is a must! It can be done, and is not easy, but is not rocket science either. Maybe you’re saving to buy your first home? Perhaps starting your own business is… Read more

What will you ask him? Here is a primer….a good place to start. You can add to these questions, not reduce them. Tell him that you may be carrying a tape recorder and may want some answers in writing. See… Read more

After a few months of working, you may be wondering just how much you need to make to start saving money. If you are working at an entry-level job, you may be making just enough to cover your basic needs…. Read more

If you are using your credit cards each month, and not paying off the balance in full, then you are going further into debt each month. This is a bad situation to be in, because you are making your financial… Read more

There are a wide variety of financial problems that people face. For many people financial trouble begins when you have a hard time with budgeting, but there may be additional issues that lead to serious financial problems. If you want… Read more

How does inflation affect financial planning ? If you have to make your money work hard for you, your PORTFOLIO has to give you REAL returns. REAL returns means the returns that you get AFTER TAXES AND after reducing inflation…. Read more

1. Sit Down for a 30-Minute Family Report Card Something that I often suggest is to do a “30-minute family report card.” During this time, you can assess your current financial situation and review the past year. Did you meet your… Read more

Have you ever made the decision that it was time to get into better shape? If so, you know what that entails.  On a consistent basis you need to exercise, eat right, get enough sleep, and drink enough water.  You… Read more

Goal Setting is deciding the end-point of your planning exercise – determining where you want to go. The more tangible your goals, the easier it is to plan for their realization. Begin by listing both your short and long term… Read more