Introduction to Pension Plans
While some people still stash cash under their mattresses for retirement, the majority know there are more springs than savings under there. When it comes to true savings, interest-bearing investments are the way to make money grow before you clock out for the last time. Because there are so many types of pension plans, it’s important to understand the basics first before planning for your financial future.
Finding the Right Financial Advisor
Finding a good financial adviser is a little like deciding on a marriage partner. It involves evaluating a variety of elements — experience, standards, goals and philosophy — and determining how well your particular styles mesh. Here are a few tips and questions you should ask before you say, “I do,” with a financial adviser.
Child Care Costs vs. Income
The decision to work or stay at home with the kids has become increasingly complex for families due to the realities of today’s economy. In some cases, the cost of child care not only outweighs the income provided by a second job, but it’s also a largest single expense. It can cost the average family more than college tuition or even housing. Here’s a look at the current state of child care costs and how to manage them.
How Personalities Affect Spending
Everyone may pay the same way — either with cash, credit or debit — but the experience of spending money can be radically different from one person to the next. Understanding how your personality affects your spending habits may help you reign in those impulse purchases.
Ways To Achieve Better Work-Life Balance
Remember playing on a seesaw when you were a kid? It isn’t any fun when one child is substantially bigger than the other. Coordinating work obligations and personal time is a lot like the seesaw’s teeter-totter effect. Constant stress from a never-ending workday hurts relationships, damages health and reduces your overall happiness. Finding a balance is essential if you want to keep stress at bay.
What Percentage of Your Paycheck Should You Spend Each Week?
It looked so easy in grade school with those cute pie charts sliced into brightly colored wedges. But, out in the real world, dividing up your paycheck into spending and saving requires some additional calculating and a bit of shuffling.
The Pros and Cons of Early Retirement
Early retirement is a dream for many workers. Who doesn’t look forward to having the freedom to spend more time with family and friends, to travel the world or just enthusiastically pursue hobbies — all with a sound ? Like many dreams, however, retiring early comes with both pros and cons. Understanding the effects of early retirement can help you make the right decision for you and your family.
Ways to Better Organize Your Bills
Keeping track of bills can be stressful, but developing a system to pay them on time at least ensures that you won’t be hit with late fees and penalties. Here are some tips for a better payment experience to streamline your finances. Paying With Your…
Investing Tips for 40-Somethings
January 17, 2017 When you’re in your 40s, you are passing through a life stage that brings with it many money pressures. You’re looking toward a retirement that requires adequate funding, while your kids may be planning for college. Here are a few tips that…
Financial Tips After Landing a Promotion
A promotion is certainly a career event to be celebrated, but you’ve worked hard for your money, so treat it right. Fortunately, there are several steps to take that will help you make the most of your growing income. Adjust Your W-4 Tax Withholdings…