When you need help with your 401k retirement account, where do you go for it? The obvious answer would be your 401k company. You should be able to use your 401k company as a resource for all of your 401k questions and concerns. Your 401k company should provide you all of the 401k info that you need; some 401k … Read more
Why do you invest? You invest because you want money, a better future, a bigger home, you want to go on nicer vacations, you want more. To be able to afford everything you invest for, you need to become a successful investor. Becoming a successful investor is not for everyone. To become successful you have to make a commitment, … Read more
If you are telling yourself that you don’t have the money to make your 401 k investing worthwhile, stop it!! You do have the money, you may just have to make a few lifestyle changes. You need to make the choice between short-term satisfaction and long-term fulfilment. Give up a little bit today – to have a reward tomorrow. A small amount … Read more
To attain, you must first have a strategy to get you there; that sounds so simple and yet it’s a concept that’s so often overlooked. To build your wealth, the same is true, you need an investment strategy. Instead of just guessing about where to invest, you will be more successful if you develop a strategy. There are no … Read more
You have to come to terms with your finances sooner or later. It’s okay to not have all the answers. We have outlined some simple tips that will help you get ahead with your finances. Getting Ahead of Your Finances Tip #1 – Your Credit Cards Start with credit card debt. Pay off your credit cards. Get out of debt. Stay … Read more
Within your financial life there are so many things to know about investments that sometimes it’s hard to keep up. For example the concerns about investing enough and investing in the right places. And then in your financial life you also have to be concerned about credit scores because credit scores affects almost everything you do. So much … Read more
Someday you will reach retirement age…guess what, we all do. The question you need to ask yourself is whether or not you will be ready to stop working when you do reach retirement age. Will your investments be enough to support you in retirement? The only way to stop working is to have enough money saved … Read more
Saving for your own retirement is your responsibility. Saving for retirement does require some effort on your part. Of course if your employer matches your 401k plan contributions it helps ease some of the burden on you; but you are still ultimately responsible for getting yourself financially ready for retirement. By adjusting some of your financial … Read more
Bad or weak financial habits, like bad eating habits, have bad results. No one plans on developing bad financial habits. No one wants to deal with the results of bad financial habits either. Just like no one wants to deal with the results of poor eating habits. But the fact remains that if you eat … Read more
If you feel as if you don’t have a good handle on managing your money, you’re not alone. In this tough economy a lot of people are beginning to realize that they aren’t managing their money as well as they thought they were. People are taking note and making changes. When the economy is bustling, … Read more
Most women are not frightened easily, except when it comes to personal finance. Women put up barriers when it comes to financial matters. Women invest much too conservatively because they do not understand investments such as stocks and mutual funds. They delay saving for retirement because they aren’t sure about how much they should contribute … Read more
Believe it or not, planning for retirement is a life long commitment. To do it right you will need you entire life time to save enough money to retire; unless, of course, you are lucky enough to inherit wealth. We all want financial security, but don’t always know how to go about getting it. Achieving … Read more
IRAs are complicated enough. Inherited IRAs can even be more complicated, if not handled properly. Be sure to find a good financial adviser who has experience with inherited IRAs, because they are handled differently than other investments such as 401k’s or life insurance policies. Then make sure your beneficiaries understand what to do with … Read more
You’ve worked hard for your money, so the song goes. With that said, the last thing you want to do is give it away to the IRS in taxes. How you manage the simple task of beneficiary designations on your IRAs can make a difference on how much of your hard-earned money your heirs get to … Read more
Investors demand a lot from their 401k retirement plan accounts. Continual growth is demanded, declines are not accepted but those expectations are a bit too high. When the economy sputters and the financial markets fluctuate with such huge swings, 401k accounts will feel the impact, that’s just what happens in the markets. The investments within your 401k account will … Read more
Your magic retirement number is 80. If you don’t have 80% of your pre-retirement income in savings and retirement investments – – – – – don’t retire!! Unless you plan on working throughout your retirement years, you will run out of money if you start your retirement with anything less than 80% of your pre-retirement income saved up. … Read more
Financial Principles You Need To Follow: Are you financial healthy? How would you know? And if you are financially unhealthy can you take some medicine to make it all better? No of course not – but you can recognize bad symptoms and through your own efforts make improvements. Follow these 5 principles to help you improve … Read more
Financial mistakes are easy to make; in fact, sometimes you aren’t even aware that you are making them. Therein lies the difficulty, avoiding financial mistakes can be a challenge if you are not aware of them. All mistakes can be corrected though, whether the mistakes are made from too much debt, too many fees, loans,late pays or from abusing … Read more
Financially speaking, there were always certain things you could count on without a doubt because they were indestructible. When times got a little rocky these “financial cushions” were strong so they would keep you safe. With today’s economic breakdown many of the financial cushions that you thought were solid have been severely weakened. Before the economic collapse home values never declined, home equity always increased, … Read more
We all procrastinate; but there are just certain things you should not put off doing, regardless of how bothersome they are. You can procrastinate on getting a hair cut or changing your oil, but there are 4 financial decisions that you should not put off doing. You should not delay in getting a will written up, preparing a budget, buying life insurance and selecting the investments … Read more