Increase your savings through smart money management, automated savings and investments, and solid retirement planning.
The end of the year is approaching and with it an excellent time to analyze your financial house and see what changes you’d like to make for the upcoming year. For some this might mean examining their spending for ways to save money. With a few tips you can be on the road to saving money and improving your financial health.
I recently wrote about paying yourself first, and one astute commenter had a great question about the value of maxing your Roth IRA first or your company’s 401(k) plan first.
On the heels of the election, many people are worried about the economy, their investments, and their money. I think we are, in fact, in a good place and on track for great growth in the United States and Canada. Europe may have a tougher time. Some people have been so scared that they took their money out of the bank. Let’s just be clear, you should never do that.
Your Mattress is Not FDIC Insured – Four Reasons to Keep Your Money in the Bank Read More »
Some people debate whether it is a good idea to pay off your mortgage early. I don’t see why it is a debate at all. Sure, we can conjure up some numbers that make it look smart to stay in debt, but staying in debt is never a good idea.
A year ago last month, I bought my condo. The biggest purchase of my life was one I could not have made on my own. I turned to trusted people to help me through the process. My parents provided guidance, having bought homes in the past. My mortgage banker, a work friend of my father, walked me through some of the steps in closing my first mortgage. Last, but certainly not least, my realtor, a family friend, helped me find my home and get the best price possible. Allegedly.
Personal finance folks often throw around the term “pay yourself first.” It is a bit big headed of us to assume you know how to do that. Here are some steps you can take to put the most popular finance advice to work.
