Estate planning is hardly a topic that comes to mind when one thinks about growing old. After all, the purpose of senior living should be enjoying retirement, traveling, and cherishing time with family and friends. However, as you age, the importance of planning for the future becomes ever more critical. Having a well-crafted estate plan is not only crucial for maintaining financial security, but it also provides a profound sense of tranquility and guarantees the welfare of your cherished ones.
5 October 2023
A good business offers products or services that people want and need. However, that's not the only quality of a good business. A good business has many other qualities, including excellent financial management skills. You might have a great business model and product, but your business will struggle if you don't have the right financial management team and skills. In this case, hiring a business finance consultant might help. Here are a few signs your business should hire one.
13 April 2023
A natural disaster can throw anything from a minor curve ball to a major wrecking ball through your financial plans. But as you begin on the road to recovery from a flood, fire, hurricane, or earthquake, how should this extreme event change your financial plans? Here are a few key areas to consider. 1. Your Insurance Coverage. Insurance coverage is a necessary, but often underappreciated, part of financial planning. Were you covered sufficiently when the natural disaster hit?
19 October 2022
A high credit score and clean credit record can be important financial assets. They allow you to secure low-interest financing for major purchases like vehicles and homes. They also can facilitate you being hired more easily for jobs in industries like banking and insurance. However, when you first start out in adult life, you might be unsure of how to maintain a good credit score and record. You can learn important lessons for safeguarding these aspects of your financial wellness by enrolling in and completing professional accredited credit counseling.
31 May 2022
Preparing for your retirement is a responsibility that will require some of your attention throughout much of your working life. Failing to have a solid plan for achieving the level of retirement savings that you will need can make this far more difficult and much less likely to provide you with the type of retirement that you were wanting. Create A Sustainable Plan For Adding Money To Your Retirement Account
10 March 2022
Look at investment and wealth management advice, and you'll see information about stocks, mutual funds, 401(k)s, and more. But you might not see much about annuities, and it's not uncommon to see commentary about how annuities aren't what people should use to invest money. In some cases, the criticism has a basis; for example, you may hear people tout annuities as an alternative to the volatile and unpredictable stock market. Creating an annuity solely out of fright isn't the best way to invest, obviously.
3 December 2021
When you begin your adult life, your primary goal may be to build a financial nest egg that you are able to rely on during emergencies and on which you can retire later. You want to manage your money carefully and know when, where, and how to invest it so that it can grow into a substantial sum. However, if you have no experience investing and saving your own money, then you may need help achieving your financial goals.
5 October 2021