Creating a Financial Plan Yourself Isn’t Difficult
You don’t have to spend a lot of money to learn how to create a financial plan. Our tips will show how to do it for free.
A 2019 survey by a respected financial firm, revealed some interesting statistics. The survey pointed out that about 75% of individuals who had a financial plan in place paid their bills on time.
In contrast, about 35% without a plan paid their bills on time. In addition, about 65% who had a financial plan, set up an emergency fund to cover unexpected expenses. About 25% of those who had no plan, created an emergency fund for future unforeseen expenses.
Statistics like these show that anyone, regardless View full post…
A recent study was done by a major financial institution on the millennial generation and their money. One of the major revelations was that approximately eighty percent of these individuals that participated in the survey, stated that they learned how to survive and save after seeing how the great recession impacted their elders. Financial planning for millennials didn’t appear to be that important.
I’m sure we’ve all had this situation before: you take a look at your credit card or bank statement and stare at it in disbelief. “When the heck did I spend all that money,” you think. Situations like these aren’t particularly uncommon for virtually anyone in almost any financial situation, and they serve as good illustration of why good financial prudence is necessary.
When you say “for better or for worse” you never envision that the “for worse” could mean financial woes. If you have debt, it is best to clear it up before marriage. Learning how to manage money will prevent you both from repeating the same past financial mistakes and will also ensure that you are both on the same spending and saving page.
Every parent that has a brand new baby is a target for very aggressive new parent marketing. Free diapers, discounted formula, baby clubs, $1 life insurance policies, and 
Great communication and great financial planning are important pieces that can help to ensure a long and happy marriage. 
For those of you who are newly married, does this fairy tale describe your life together? It begins “once upon a time, you each discovered that very special person that you wanted to be with forever, and then you both rode off into the sunset”. It doesn’t?
We’ve all seen those movies where an attorney calls or sends a certified letter saying that some distant relative, twice removed, has passed away, and left you several million dollars. When the shock subsides and you stop shaking, you begin to wonder what you can do with this new found wealth. Financial planning usually isn’t at the top of the list.