You are at:Home»Category: "Financial Wellness" (Page 10)
Browsing: Financial Wellness
You want to take more control over your money. We have the top financial wellness tips. These personal finance tips can help you reach all your money goals.
When you think of things that make your life easier, what comes to mind? Smart phones? Other electronic devices? Household appliances? If you think about it, one of the biggest productivity boosts in the last ten years has been immediate access to your cash, i.e. online banking. It’s easy. It’s convenient. And it has a lot to offer.
Credit cards are a valuable financial tool for both individuals and businesses, but they come at a price. You get purchasing power on the spot, and the creditor only requires you to pay off a small amount of the total every month, i.e., the minimum amount due. However, it’s important to remember that the minimum is calculated in the best interest of the creditor, which puts you at a disadvantage.
When teaching children about money, the important thing to remember is that there are no rules or best way. All parents will approach financial education differently, and no one should feel pressure to cover all the “right” lessons.
If you want to buy a house in the next 12 months – you’ll need some hard work and a bit of luck. But you can improve your help your chances of success, and your wallet, with a plan.
Since we all know what the other certainty in life is (death), maybe we shouldn’t be all that upset about the onset of tax season, right? Here are a few tax hacks to dial down the pain.
An emergency savings fund will help you be self-reliant and take care of bills if you have an unexpected expense or your income is reduced or eliminated without relying on credit.
You may not realize it, but by paying down your debt, you ARE saving! Actively reducing debt means you’re saving on interest, avoiding late fees, and maintaining or increasing your credit score.
One of the most frequently cited reasons people give for not saving is they cannot afford it. There may be ways to adjust priorities to find small ways to save. One way to force yourself to save is by automating your savings. It can give you the incentive you need to get started, and the process can be simple and painless. Here are four simple ideas to get you started.
If you had to choose between setting financial goals, and going to a music festival, you’d probably choose the music. But how would you pay for the entertainment? Goal setting may not be as much fun as a concert, but it helps you to save for and achieve exciting, fun and important things, like retirement or college.
