There is a lot of solid financial planning advice out there. However, none of it really applies to lower middle class families or to low-income families. Since a much larger percentage of this country is made up of low income to low middle income households, advice on finances needs to be restructured to suit single-parent households and low-incoome two-parent households. Here is some better financial planning advice for these very specific families and individuals.
10 April 2017
When your life changes dramatically, one of the first things you'll usually think about are your finances. Despite this, many people don't engage the services of a professional -- even if it's some of the most important decisions they'll make. Here are a few of the times that you should likely be sitting down with a financial planner. Getting Married In many relationships, money is a primary source of stress and tension.
16 March 2017
For every penny that you save towards your retirement or even a future business, comparable planning has to go into keeping your investments safe. Even with liability insurance, your assets can still be calculated as part of your net worth and be levied, garnished or seized to pay debts that you are deemed to owe. To safely continue to invest and save, use asset protection used as a tool prevent against you possibly losing them to creditors or lawsuits.
8 March 2017
To make sure that your ducks are in a row as it pertains to your accounting and bookkeeping, you'll need the help of professionals. Accountants should be hired to keep you organized, protect your body line, and to help you through audit processes. This is particularly true if you are in need of lease accounting as part of your business financial matters. To put together a team of professionals who can help you and to gain a grasp of the subject, read on and apply these tips.
2 March 2017
Are you planning for your retirement yet? If not, you should be. There's no age that's too young to start making plans for the future, and there's no point at which you're too old and have missed your chance. However, making that plan may be more complicated than you think. Most people have a picture in their minds of what retirement will look like, even if they're not actively planning for it yet.
17 February 2016
If you just got a high paying job or came into some sudden money, it is smart to hire a wealth manager to help manage your finances. If you don't, you have a good chance of mismanaging your money and finding yourself deep into debt. Here are some important reasons to have private wealth management. Setting Goals Wealth managers know how to set achievable goals for the future with your money.
11 September 2015