We’re all aware of inspiring adages such as, “Follow your dreams and the money will follow,” or, “Anything you can imagine, you can do,” or, “Reach for the highest star.” While it is important to have hope and inspiration to achieve as much as you can, a problem may arise if dreaming of achieving distant goals becomes a form of avoidance and procrastination. Yes, you still can write that novel that Hollywood will buy for an insane amount of money. And, yes, you can still start that wevbsite that generates millions. Keep working at it, but also make sure you also have a realistic view – and plan – for your future
Your home may be your castle, but when it comes time to sell it, you have to learn to emotionally detach yourself from it. Otherwise, you may be stuck wondering why potential buyers are walking away and deals are falling apart. Certified Financial Planner, Rick Kahler, explains how to detach yourself emotionally and make the sale happen.
Should you fund your retirement plan (401(k), IRA and Roth IRA), or not? Which plan? How much? As a Certified Financial Planner, these are the most common questions I am asked by clients, workshop and webinar attendees. Ask three people and you’ll probably get three different answers. Here’s my answer (and it is sure to be different as well).
What can gardening teach us about our finances? Like the rest of our lives, gardening involves making choices. Most of us don’t have unlimited grounds and money to create our perfect garden. We have to choose between vegetables and flowers, between grass and gardens. But most gardeners understand that the process is the crux. Try something this spring, evaluate in the fall and during the winter create a plan to improve the garden next spring. Certified Financial Planner, Tammy Kraig, explains how our financial lives can benefit from the same attitude.
Right now, you are playing in the biggest, most important game of your life. How are you doing? That game is “The Money Game” and you’re in it because you are making financial choices each and every day. You can’t opt out of this game. You can’t sit on the bench or go back into the locker room. You’re out there on the Money Game field, pitted against millions of other players. Certified Financial Planner, John Buerger, explains the ins and outs of the Money Game and most importantly, how to win it.
As many Americans know, you can retire and start collecting Social Security benefits anytime from age 62 to 70. Most people start collecting right away at age 62. But what many people don’t know is that you can raise your benefit substantially by exercising a few simple options. Certified Financial Planner, Tammy Kraig, explains what these options are and how much you can boost your benefits by using them.
Increasing numbers of adults are sharing their lives without being legally married. Certified Financial Planner, Rick Kahler, explains why many couples are choosing not to head down the aisle and what you can do to deal with money issues if you’re in a serious relationship.
You’ve cut your cable, phone plan and insurance policies. You’ve trimmed daily expenses until you can trim no more. Yet, you still don’t have enough to live comfortably during your retirement years. Certified Financial Planner, Joel Ohman, writes about the other side of your budget planner – income – and shares five out of the box ways to make money as a retiree.
You’ve probably seen recent headlines like, “More Snow Storms Expected to Hit Parts of the U.S.” Life can be unusual and unpredictable, just like our weather! An emergency fund, such as a savings account, can be a financial foundation that may help to “support” you during the “storms” of life. These may include unexpected job layoffs or medical costs. Certified Financial Planner, Heidi Davis, explains the importance of an emergency fund and how it may save you one day.
When you hear, “It’s guaranteed,” what do you think of? Safety, reliability or predictability? Certainly these can all describe a guarantee. However, another side to any guarantee often isn’t immediately visible. Guarantees come with a cost: a higher price, lower return, less opportunity, loss of freedom or commitment. Certified Financial Planner, Rick Kahler, explains what a “guarantee” really means when it comes to your money and if a guarantee is worthwhile.
One of the annual rituals around the holidays is a list of New Year’s Resolutions or “how I’m going to change my whole life around to be a better person.” These promises usually involve breaking habits we know are, well, detrimental to us, such as junk food and overspending. We also pledge to exercise more, diet, avoid chocolate, etc. While some succeed at changing their habits and attaining their goals, most fall far short of expectations and then laugh about it with friends or co-workers when comparing notes on how quickly these were broken. Certified Financial Planner Kevin Worthley explains what it takes to actually achieve your resolutions this year and finally get your finances on the right track.