Some of the most common things people keep doing wrong with their money are:
Spending beyond their means
Overcharging on credit cards
Trying to time the market (when to buy and sell investments)
Suggestions on how to correct
An investment policy statement gives you the guideline you need to stay focused on your investment strategy. Having your IPS in writing can help you to stay on track and not be tempted to make changes to your portfolio based
There are several things you can do to better assure your portfolio is allocated appropriately in the event the stock market declines.
My first rule of thumb is that any money that you are going to need in the
The answer is your mindset. How you think about money greatly affects your potential for long-term financial success. When working with clients that had a hard time building and maintaining their cash reserve I would explain it to them like
It is normally not a good idea to roll credit card debt into your mortgage for several reasons. Lets look at the positive reasons and negative reasons to be better able to evaluate this.
Positive Reasons To Roll Credit Card
I have always felt that one of my most important jobs as a parent is to help my children be self-sufficient. Someday I won’t be here, and they need to be successful and able to support themselves without assistance. If
With the difficult economy many face today, below are suggestions for inexpensive family activities.
Volunteer as a family for a charity that you believe in, i.e. soup kitchen, women’s shelter, etc. It gives the whole family a way you can
Halloween: When you use your imagination there are so many costumes you can easily put together for just a few dollars. Halloween costume: Check out your local Goodwill or second-hand clothing store. You can find so many useful items such
Creating jobs at home for kids to earn money
Can teach them life skills they will need for the rest of their life
Teaches them the importance of being responsible and doing a good job
Can give them
I wanted to assure my daughter would have good credit when she graduated and therefore be better able to live comfortably on her own. I also needed to find a way to reduce the cost of sending her to college.