You might think that you don’t need a financial planner. Many people are convinced that they can do their own research, come to their own decisions and decide the best way to invest or use their money. That might true for you. But unless you are knowledgeable about both the legal and financial consequences of … Continue reading Choosing a Financial Planner
Category: Financial Planning
Saving Money and Building Wealth: Wealth Consciousness
Here is a secret to building wealth: before you ever accumulate any substantial sum of money you must gain a wealth consciousness. What is “wealth consciousness”? It is a consciousness of abundance that recognizes that you deserve wealth and financial rewards in life just for being you. It is a fundamental law of the universe that … Continue reading Saving Money and Building Wealth: Wealth Consciousness
Setting Goals in your Financial Plan
You have probably heard the old adage, “If you don’t know where you are going, you are likely to end up anywhere”. This applies to finances just as much as it does other aspects of life. A destination is a “goal” and without one there is no way of measuring your performance. Therefore having a goal is … Continue reading Setting Goals in your Financial Plan
Saving Money and Accumulating Wealth: You, Incorporated
Here, we will make an imaginative leap into the realm of ideas. We are going to imagine ourselves not as people but instead as businesses. For those of you familiar with business jargon and characteristics this should be relatively easy. For others it may be more difficult. However, if you take the time to understand the concept you will … Continue reading Saving Money and Accumulating Wealth: You, Incorporated
Saving Money and Accumulating Wealth: Fundamental Principles of Wealth and Resource Management
An objective of ours is to help you learn how to find financial success. However, there is more to doing that than just crunching numbers and making investments. The main reasons most people do not achieve financial success is because they fail to apply fundamental lessons that apply on a much wider basis than finance alone. This section … Continue reading Saving Money and Accumulating Wealth: Fundamental Principles of Wealth and Resource Management
Introduction to Estate Planning: Wish Lists and the Purpose of Money
Everyone needs a wish list in life. A wish list is a list of everything and anything you could possibly want to make your life complete. A wish list is more than just a list of information though; in fact it is the equivalent of a compass point. When you make your wish list it becomes the … Continue reading Introduction to Estate Planning: Wish Lists and the Purpose of Money
Creating a Debt List
We have discussed a wish list as an important aspect of financial planning but there is another list just as important. This article focuses on the opposite of the wish list, the debt list. The debt list is just as important as the wish list and therefore just as much attention should be paid to it though … Continue reading Creating a Debt List
Family Budget Planning
Budgeting is a bad word to some people. What do you think of when you hear the word budget? Budgeting is something that every family should do to save for their future. In family budgeting the main thing that you need to remember is “the money that comes in is equal to the money spent.” In this way, you … Continue reading Family Budget Planning
Balancing Income and Expenses
It is necessary to learn the skill of balancing income and expenses no matter what your financial situation. Many people put off keeping a budget until they are financially “on their feet”. However, in order to get financially “on your feet” a budget is a necessity. And to be sure, what we call a budget is nothing more … Continue reading Balancing Income and Expenses
Discipline: A Necessary Skill for Financial Success
Discipline is a necessary skill for proper financial management. Without it you will never acquire or accumulate anything. Without it you will never accomplish anything. Discipline is being able to say no when you need to and to be able to put money away instead of spending it. It is being able to do the things you don’t want … Continue reading Discipline: A Necessary Skill for Financial Success
