Key Considerations for Smooth Wealth Transfer Planning
By Tim McMahon |
3 Hacks in Building Your Family’s Emergency Fund
Showing your love and appreciation for your family can go from heartwarming birthday messages and memorable outings, all the way to investing in your future. More than anything, financial preparedness is one of the best things you can give your loved ones. Having savings and investments in place helps take care of any future financial needs or unexpected incidents. Although financial preparedness includes things like life insurance, part of being financially prepared is simply having a family emergency fund. Creating this fund lets you focus on the essential things and rest easy knowing you’re prepared for any situation that can happen. When you first get started, building up your emergency fund can seem like a daunting task, though the process can be simplified into three steps:
Read More
How to Keep Your Home’s Heating Bill from Rising When Temperatures Fall
Heading into the winter months as temperatures fall, many home heating bills will begin to rise, some dramatically. Fortunately, there are several things you can do to reduce your monthly heating expenses.
Read More
How Will a Fender Bender Affect Your Long Term Finances?
An average of 10 million car accidents happen every year. While some drivers are lucky enough to escape these accidents without a scratch, the fact is that most people sustain injuries to themselves and their vehicles. Even after insurance, the costs associated with car accidents can be overwhelming.
Read More
The Insurance You Need to Protect Your Family
When all is going well, we might think insurance is just a waste of money but, just when you think you have everything under control, life decides to throw you a curveball. Whether your little one was hit in the mouth at baseball practice or your newly licensed teen had a fender bender, having the right kind of insurance can go a long way toward keeping you and your family protected. Below are five of the most important types of coverage you should have.
Read More
Financial Options: How to Limit Your Annual Expenses
When it comes to handling your finances, it may seem like you have to make tradeoffs. This philosophy may be true, but you can still have fun while doing it. Here are some of the techniques that will help you to reduce your annual expenses without impacting your lifestyle.
Read More
Your Simple Guide to Buying a House in 2020
Are you ready to stop throwing away your money on rent and buy into the American dream of owning a home? Though owning a home sounds nice, it’s a big commitment too. If you’re ready to be king/queen of your domain, then here are some tips to simplify house buying in 2020.
Read More
Affordable Buying Options for Your Teen’s First Car
A teen’s first car is a special vehicle. Unfortunately for parents, getting that special vehicle can be an expensive proposition. If you’re looking to get your teen his or her first car, you might want to consider one of the affordable options below.
Read More
A Quick Guide to Starting a Family Emergency Fund in 2020
One of the quickest paths to financial ruin is to incur an unexpected financial strain such as medical bills or a car breaking down and having to borrow money, whether in the form of a loan or by using a credit card, in order to pay for it. Luckily, there is a solution. Having an emergency fund for cases just like this is the perfect way to avoid these slippery financial slopes. So, what is the best way to begin an emergency fund this year?
Read More
Making an Investment Plan That Accounts for the Rising Cost of Living
Average living costs tend to rise everywhere, which is something that investors need to consider when determining the longevity of their investments. An investment might increase in value, but it can be a net loss if its value rises more slowly than the cost of living. Whether you’re investing for retirement, your children’s education or another goal, read on to learn how you can make sure your plan keeps pace with the rising cost of living.
Read More
Handling the Financial Burden of a Death in the Family
Dealing with a death in the family is stressful. But, when it comes to handling the financial burden of the funeral and other expenses, the already sad situation can seem unbearable. Here are some helpful tips you can employ to make your financial burden easier to handle so you can focus on the process of grieving when a loved one dies.
Read More
Empty Nest Finances— Downsizing Tips to Increase Your Retirement Budget
The right financial plan is an essential component for ensuring a comfortable and secure retirement. As you shift from a working income to a fixed income, finding ways to help minimize expenses can free up the funds needed to ensure a better quality of life during retirement. Here are just a few of the many options that may allow you to stretch your financial resources to cover your retirement expenses.
Read More
Save Money During Wedding Planning
Though pricey weddings seem to be the trend for many Americans, rather than blow all that money in one day, if you can cut the cost down you could use the leftover for something more permanent like the downpayment on a house.
Read More