Interviewing Financial Advisors: 10 Key Questions to Ask
Find a Professional to Help You Achieve Your Goals: Interviewing Financial Advisors Selecting a financial advisor is an important decision when working toward your financial goals. Similar to choosing a doctor or lawyer, it’s vital to find an advisor whose approach aligns with your needs and values. Interviewing financial advisors allows you to gather insights, evaluate compatibility, and make a well-informed choice. In this guide, we’ll cover key questions to ask during the interview process to help you find the right advisor for your unique financial situation.
Your Financial Reset Checklist: Moves to Make as We Approach Mid-Year
Strategic Adjustments for Enhanced Financial Health: A Mid-Year Review Guide As we approach the midpoint of the year, it’s an ideal time to review and potentially reset your financial strategies. This period allows you to assess your progress towards your annual goals, adjust your budgets, and fine-tune your investment strategies, too. Here’s a practical mid-year financial reset checklist to guide you through your mid-year financial review.
Spring Clean Your Finances: A Comprehensive Guide to Decluttering Your Financial House
Leverage This Season as an Opportunity to Evaluate and Revitalize Spring ushers in a period of renewal and refreshment, extending an invitation not only to our physical spaces but to our financial lives as well. As the seasons transition, it presents an ideal moment to embark on decluttering your finances, meticulously reviewing your budget, and fortifying your money management practices. This guide will navigate you through a systematic process to scrutinize your personal finances, trim down unnecessary expenses, and craft a streamlined budget to enhance your savings and establish practical financial aspirations.
Spring Money Tips: 7 Ways to Dust Off Your Finances This Season
Use This Season to Reassess and Refresh The season of spring leads many of us to want to dust off the weariness of winter and freshen things up. As the new season approaches, you may also want to think about freshening up your finances. Perhaps you made some financial resolutions in the New Year, and now is a great time to revisit those and reassess your finances. Between the doldrums of winter and the new season ahead, you may find that there are some financial strategies or decisions that no longer serve your goals. Below, we’re sharing seven spring […]
Love and Money: What to Do When Your Spouse Won’t Talk About Finances
If Financial Communication Doesn’t Come Naturally, You’re Not Alone Money conversations with your spouse are imperative when you want to achieve joint goals, and yet they don’t always come easily. Money is a very personal topic, and many people are not accustomed to discussing it. It can be downright perplexing when your spouse refuses to work on a budget with you, create financial goals and objectives, or talk about a habit that may need to be addressed. Perhaps they are actively avoiding or even refusing to discuss a specific issue, or maybe they simply fail to engage when you […]
Creating a Lasting Legacy: Strategies for First-Generation Wealth Building
How to Grow and Preserve Your Assets for the Next Generation If you have a desire to build wealth for yourself and your loved ones and you are starting from ground zero, you are considered a first-generation wealth builder. Building generational wealth that will support you and your family now – and for generations to come – requires that you utilize the right financial strategies. While it can certainly seem overwhelming to figure out where to start and what future steps are necessary, having the right information can help you proceed with confidence. Below, we discuss four strategies for […]
Your Personal Finance Journey: Budgeting and Saving Tips
Balance Your Budget and Your Lifestyle with These Five Tips Creating a budget is easy. Sticking to it is hard. Luckily, following savvy budgeting and saving tips can help. According to recent surveys, 74% of Americans have a monthly budget, but 84% of those with a budget fail to stick to it. If this sounds familiar, these budgeting and saving tips can help you create a more realistic budget you can feel motivated to stick to.
New Year, New Goals: Planning Your Money Moves for 2024
Smart Money Moves: Will You Start the New Year with a Roadmap to Success? The coming of a new year inspires much thinking and planning. You may be looking for ways to structure and organize your life to be prepared for a brand-new year, especially when it comes to your personal finances. As you plan your money moves for 2024, it’s important to consider both short- and long-term goals. It’s also beneficial to arrange finances for emergencies or unexpected situations. How should you plan your money moves for 2024 to ensure economic stability and prosperity? Here are key strategies […]
Three Financial Resolutions for Widows in 2024
Positive Steps for Facing New Financial Realities Losing a spouse is a devastating experience. The emotional toll is difficult enough, but many widows also face looming challenges to their finances. According to the most recent data available from Congressional Research Services, 15.5% of widows aged 65 or older live below the poverty line, compared to 5.8% of married women. While there’s a lot that the recently widowed must process, it’s important to take a few key steps to ensure financial stability for the future. With that in mind, here are three financial resolutions for widows to take in 2024.
Navigating Financial Stress During the Holidays
Tips for a Joyful and Budget-Friendly Season The holiday season is often portrayed as a time of joy, togetherness, and celebration. However, for many people, it can also be a source of financial stress and anxiety. The pressure to buy gifts, host gatherings, and partake in festivities can lead to overspending and financial strain. But fear not, there are practical ways to navigate financial stress during the holidays and enjoy the season without breaking the bank.