The late Jim Rohn, who spent 40 years as a sales expert and motivational speaker, would frequently discuss financial freedom in his podcasts. In his distinctive voice, he would emphasize the need to learn to work harder on yourself than you work on your job. He called making money…
Are robo-advisors worth it? Ask yourself these 5 questions first
Robo-advisors can be a great solution for many investors. They bring investing management at a reasonable cost, letting you focus on doing more of the things you love instead. A robo-advisor sets up an investing plan and manages it, and all you need to do is add money to the account…
What is a financial plan and how can I build one?
Managing your money can sometimes feel like a daunting task. However, one way to stay on track is to use a financial plan to guide your path.
Your financial plan is a document that provides a road map to your money destination. It lays out your current financial situation, helps...
Financial advisors: Are they worth the cost?
As with any relationship, the scope and depth of engaging with a financial advisor can vary significantly from one person to the next. One person may seek a financial advisor for education or one specific need while someone else desires to have more comprehensive assistance with managing multiple aspects of their finances…
How much of your paycheck should you save?
You have big dreams for the future. Maybe it’s buying a home with a drool-worthy, airy kitchen. Maybe it’s an early retirement so you can jet off with your S.O. and see the world.
Regardless of the future you imagine for yourself, you probably know that you should be saving but might be wondering if you should get…
How to budget money: Tackle your debt and start saving
Budgeting is a great way to plan your income and expenses over a period of time to keep spending in check. This can help you tackle debt or save to achieve your financial goals.
By looking through your expenses you may be able to find better ways to spend your money. You might also be able to cut some expenses…
What are examples of monthly expenses?
Creating a monthly budget is one of the most basic steps you can take to manage your money and make sure that you stay on track to meet your financial goals. To create a budget, though, you need to have an idea of what your monthly expenses are. You also have to make sure that your expenses don’t exceed your monthly income so that you can pay all your bills…