Paying Closer Attention To My Financial Statements

Paying Closer Attention To My Financial Statements

  • Wealth Management Tips: How To Obtain Financial Independence

    The meaning behind the words financial independence is different for every individual. For instance, while some individuals see financial independence as the means of being able to finally purchase a home to support themselves well into retirement, others may see financial independence as the means of transferring their wealth to their heirs in the future. In broad terms, financial independence refers to someone securing sufficient assets that will allow them to support their lifestyle now and later down the road.

  • Wealth Management Planning

    Many people don't know where to start when it comes to investing. It is, after all, often abstruse information for the common layperson both to understand and implement successfully. This is where a wealth management advisor can help. A good wealth management planning firm will take into consideration all of one's factors, not just how much money is in your retirement account or how to save a certain number of dollars each pay period.

  • Want To Make Your Sole Proprietorship Accounting Easier? Separate Business And Personal Accounts

    For new business owners, getting a separate business bank account is one of the basic pieces of advice. But sole proprietors often don't do this simply because they want to keep their businesses low key. If you're a sole proprietor but are handling things in a fairly informal way, you may want to at least get a separate bank account for money that comes in from your business, even if the account is just a regular one and not a special type marked only for businesses.

  • Retirement Income Ideas to Discuss with Your Financial Planner

    One of the big issues that many couples face in retirement is how to acquire enough money. Retirement income is vital for most people because social security is not going to be enough, and some people do not have the benefit of having a pension. This is why it is good to plan ahead and consult with a retirement planning advisor so that when the time comes you won't be stuck without enough income to either sustain your desired lifestyle.

  • 4 Ways To Build Your Wealth Through Your 30s And 40s

    As you reach adulthood, it is time to start focusing on building your wealth. As you start making more money, you want to be putting more money away into savings and investments. Building your wealth requires a commitment to savings and investing. #1 Build Up a High-Interest Savings Account First, you are going to want to work to slowly build-up money in a high-interest savings account. This should be money that you only access in a financial emergency, such as your vehicle breaks down and you need to fix it, you have to take time off work to fly home to take care of a loved one, or you lose your job.

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    About Me
    Paying Closer Attention To My Financial Statements

    When my card was declined at the grocery store a few months ago, I realized my financial situation had hit rock bottom. Instead of ignoring the problem, I decided to meet with a financial counselor to see what I could do to make things better. I talked with him about how to handle unplanned expenses and how to budget for my day-to-day life. It was incredible to learn more about money, and now I can proudly say I am living within my means. I decided to make this blog for anyone that struggles with financial planning so that you can turn things around.