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.
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.
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.