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[16 Aug 2017 | Comments Off on Preparing for an Illness: Coping Financially When you get Sick | ]
Preparing for an Illness: Coping Financially When you get Sick

If you have been diagnosed with a long term illness, you may be wondering how in the world you’ll be able to keep on paying your bills. A chronic illness can wreak havoc on your finances as well as your health. In the interest of making the most of a bad situation, we are pleased to present a few good ways to prioritize your debts and stay afloat even while battling a serious illness.
Build a budget you can live with
A weekly or monthly budget can help your money go a …

Financial Planning, Headline »

[10 Feb 2017 | Comments Off on Once You Have The Idea, You Just Need The Funding! | ]
Once You Have The Idea, You Just Need The Funding!

One of the hardest parts of starting a new business is getting the money together to do it. It can be extremely difficult to make sure that you have enough to get going fully. And, for young people, there simply isn’t the time to save enough to get started. So, you’re probably going to need to get some funding if you want to get a business started. And, to help you out, this post will be going through some of the best ways to go about doing this. Now, all …

Financial Planning, Headline »

[18 Dec 2015 | Comments Off on Tax Tips for Newlyweds | ]
Tax Tips for Newlyweds

In April of 2015, a new tax allowance has been made available to newlyweds. The amount you are subject to is dependent on who is working in the house and how much money is earned. Therefore, it is easier to understand some of the differences when you file as a couple.
Know Your Tax Rate
When you get married, the new tax allowance is available for those who do not already pay a high tax rate. This means if you are marrying a person who is paying a higher rate of income …

Financial Planning, Headline, Personal Finance »

[16 Dec 2014 | Comments Off on In Your 30s? It’s Not Too Late to Start Investing in Your Retirement | ]
In Your 30s? It’s Not Too Late to Start Investing in Your Retirement

Much of the traditional wisdom that’s bandied about regarding retirement planning assumes that everyone started saving and investing during their early- to mid-twenties once college was over and a quality job had been procured. For many young workers, however, the realities of a challenging employment landscape, student loans, wage stagnation, and more has kept concerns about the inevitable future on the backburner. Thankfully, it’s never too late to start investing in your retirement, even if you’re well into your thirties. Here are a number of ways you can start investing …

Financial Planning, Headline »

[23 Dec 2013 | Comments Off on Want to be Free? Five Must-Dos for 20-Somethings (And Why We Envy You) | ]
Want to be Free? Five Must-Dos for 20-Somethings (And Why We Envy You)

by Dan Danford, CFP®
Hey 20-something … Lots of 30-somethings, 40s and Baby Boomers out there envy you. Why? It’s not for the reasons you might think.
If you’re in your 20s, you are in a crucial stage of their life where decisions you make now will have a profound impact on where you’ll be as you enter your retirement years – which will truly sneak up more quickly than you realize. Actually, the decisions you make now will impact how you make plans to enjoy life at every decade. While it’s …

Financial Planning, Headline, Personal Finance »

Financial Health Through the Decades

In each decade of life, it’s important to make sure that the right financial decisions are being made to ensure that financial health and freedom remain in life through the working years, and that retirement is an enjoyable experience with ample funds. The most important element of good financial health is that the process must start early, and so this means that the moment an individual heads into his twenties, attention must be paid to finances and saving.
The 20s
Many people don’t feel as though they’re actually grown up when …

Financial Planning, Headline, Personal Finance, Retirement »

Take Your Savings to the Next Level

Most people know the importance of saving. However, few people take the necessary steps to jumpstart their savings account. They may deposit a little money here and there, but at this rate, it can take years to grow a decent financial cushion.
Some people don’t think about saving their money until they’re well in their 30s. However, younger adults typically have fewer financial obligations, thus it is easier for them to save money. Maybe you’re in your late teens or early 20s. Maybe you just recently started a family. Putting your …

Financial Planning, Headline, Personal Finance »

The Marshmallow Experiment and your Finances

While many people who possess large amounts of money are very smart, others are not necessarily but where able to be at the right place at the right time. Being intelligent is not necessarily essential to creating wealth but what differentiates those two types of people? Also, what is the marshmallow experiment and how does this relate to it?
In the late 1960’s a StanfordUniversity researcher named Walter Mischel carried out a long study with marshmallows. He placed marshmallows on a table in front of 4 year old children that liked …