7 Situations When You Need a Financial Advisor Most
.7 Situations When You Need a Financial Advisor Most
Matt Wiley MAR 28, 2019
Do you know enough about financial management to take care of all of your investing on your own? Or do you need help from a seasoned expert?
That question comes up for millions of Americans each year.
15 Things To Help Kids Be Good With Money
.15 Things A Personal Finance Expert Suggests Parents Do To Help Their Kids Be Good With Money
Thu, October 28, 2021,
I like to imagine I was raised to be financially intelligent (thanks ma and pa) but now that I have a kid of my own, I was curious what an expert had to say about raising kids to be good with money.
I write about personal finance and money, so you'd hope I have it together — and for the most part, I think I do. I owe my love of saving money and my abhorrence of debt to my parents who set me up with a bank account at birth, had me get a job as soon as it was legal, and made me save up for the dumb plastic toys I thought I just had to have.
Treasury Bills vs. Bonds: What’s the Difference?
.Treasury Bills vs. Bonds: What’s the Difference?
Patrick Villanova Fri, October 29, 2021,
Fixed-income securities play an important role within individual investment portfolios and the economy at large. But like other securities, fixed-income instruments come in a myriad of variations, from short-term Treasury bills that only pay interest when the bill matures, to long-term Treasury bonds, whose investors receive interest twice yearly. Below, we’ll specifically examine the similarities and differences between Treasury bills, Treasury bonds and other types of bonds. If you’re interested in investing in fixed-income securities, a financial advisor can help you build a balanced portfolio.
Treasury Bills vs. Treasury Bonds
Like their name suggests, Treasury bills and Treasury bonds are debt instruments issued by the U.S. Department of the Treasury to help fund the operations of the federal government.
Cramer: ‘Stop Freaking Out’ About Inflation”
.Cramer: ‘Stop Freaking Out’ About Inflation” — here's how to profit from soaring costs
Jing Pan Mon, October 25, 2021 MoneyWise
The threat of runaway inflation has many investors running scared — but for once, Jim Cramer isn’t getting too heated. The Mad Money host says there are still plenty of attractive places to put your money, pointing to four sectors in particular that could profit from rising prices.
Cramer: ‘Stop freaking out’ about inflation — here's how to profit from soaring costs
“We’ve got lots of companies that benefit — and many that benefit, you might say, spectacularly — and others that are basically immune,” Cramer said last week on his show. “Plenty of winners out there if you just stop freaking out and start looking at the opportunities.”
How To Rebound From a Bad Financial Year
.How To Rebound From a Bad Financial Year in 2020
By Andrew Lisa May 17, 2021
Follow these steps to improve your financial health.
Many Americans toasted the end of 2020 and woke up in 2021 realizing that while the end is in sight, we still have a long way to go to conquer the pandemic and right the economy. You may be one of the millions of Americans who lost their jobs, closed a business, faced unexpected expenses or experienced some other major loss due to COVID-19. The first thing to know is this: You are not alone.
Even more comforting, you still have the power to achieve financial freedom despite the setbacks of last year. With a little effort, you can shore up your budget, reduce your expenses and manage your financial recovery. The following short list of actions you can take right now will help you improve your financial health this year.
Tips To Keep Your Finances in Order Without Sacrificing What You Want
.Tips To Keep Your Finances in Order Without Sacrificing What You Want
Cameron Huddleston Last updated: Oct. 25, 2021
If you’re trying to live on a budget, you might not feel like you can have the things you want. But you don’t have to resign yourself to living a bare-bones existence if your budget is tight — it’s possible to live on a budget and get some of the stuff you want.
Create a Budget That Prioritizes Needs
If your income is limited, make sure it covers your needs first. “Food, shelter, clothing and utilities are needs,” said Donna Freedman, author of “Your Playbook For Tough Times. “The rest is just a series of wants.”
How To Set Up An Estate Plan
.How To Set Up An Estate Plan
Georgina Tzanetos Tue, October 26, 2021, 10:07 AM·7 min read
Thinking about estate plans usually evokes an image of a wealthy family summoning their family lawyer to make sure their summer homes pass through to the children while evading taxes. Modern estate planning though is much more about organizing your financial assets to make sure they are protected from new problems, such as outside business ventures or a potential divorce — or even a pandemic. According to a new survey from Edward Jones, a third of Americans say the pandemic has triggered conversations with their family about end-of-life plans.
An estate plan is a contract that is put in place to disperse and dispose of a person’s assets upon their death or selected time of transfer for the assets. This can include wills, trusts, powers of attorney, probates and more. It is up to the individual who created the estate plan to determine who the beneficiaries of their estate will be.
16 Simple Things That People Say Helped Them Feel Less Worried About Money
.16 Simple Things That People Say Helped Them Feel Less Worried About Money
Tue, October 26, 2021, 12:16 PM
Learning to work through the feelings that come up around money can be *quite* the journey. So when a redditor asked the folks at r/PersonalFinance for their tips on dealing with money anxiety, the responses that came in showed a really interesting range of ideas, both financial and psychological.
Here are some of the top comments:
1."Coming from a frugal but financially stable background, what helped me was budgeting and an adequate emergency fund. Once you understand what your life costs, and you have three, six, nine, 12 months or whatever of living expenses saved up, it helps not to worry about the future. If I lose my job, my house, get divorced, whatever, I know I can make it work." —u/meggers26
Nothing Happens Without a Plan
Nothing Happens Without a Plan
200-Level (Intermediate) | Retirement Planning
Updated October 15, 2021
October is Financial Planning Month. Of course, it’s also Adopt a Shelter Dog Month, Breast Cancer Awareness Month, Domestic Violence Awareness Month, Global Diversity Awareness Month, National Bullying Prevention Month, Estate & Gift Planning Awareness Month, and more. There’s plenty of awareness, appreciation, and support-worthy causes to recognize and celebrate this month.
But since Financial Planning is one topic highlighted this month, there’s no time like the present to do something vital for you and your future. Rarely anything happens without a plan. Even your daily to-do list is essentially a plan. If something isn’t on that list, the chances of it getting done go down dramatically.
How and Where To Spend Wisely as the Economy Recovers From the Pandemic
.How and Where To Spend Wisely as the Economy Recovers From the Pandemic
Rob Poindexter Thu, October 21, 2021
The pandemic has taken a massive toll on the economy, which has negatively affected individuals and small businesses alike. As the economy is recovering from the setback, you might be wondering what, why, and how to make wise decisions when it comes to spending on necessities.
Here’s how you can spend or splurge wisely during the economy’s recovery period.
Know the Difference Between Your Wants and Needs
5 Signs You’re Saving Too Much
.5 Signs You’re Saving Too Much
Cynthia Measom Thu, October 21, 2021
For many people, saving too little is the problem. However, for others, it’s the exact opposite because they are saving too much. Too much of anything can be dangerous, including stashing excess cash in a savings account or under a mattress.
But how do know if you’re putting too much cash toward savings? To help, consider these five signs that indicate your savings balance is out of control and learn how you can start being smarter with your money.