Future Planning

It’s never too early to begin teaching kids about money. Responsible money management is a vital skill they will carry throughout their lives. However, the subject isn’t always the most entertaining, especially for younger children. Many find it dull or have difficulty understanding the concepts.   Fortunately, there are many fun and engaging ways to educate your child about money. All it takes is a little time and some creativity. 1. Playing Games Think back to your childhood and the many board games that helped you understand how money works. Games like Monopoly and The Game of LIFE introduce young people to…

Filing your taxes can be a bit of a headache each year. While many people may have good intentions of filing as soon as they get their W-2s, the reality is people often procrastinate. Then, before they know it, the deadline sneaks up and forces them to reorganize their schedule to make time to file, causing a great deal of unnecessary stress.   If that scenario sounds familiar to you, it’s time to consider filing your taxes early. Doing so will not only relieve your stress and anxiety levels but there are many other benefits you’ll experience.  The Benefits of Filing…

Creating and maintaining a budget is one of the best ways to achieve your financial goals. However, even the most dedicated can find it challenging at times. That’s why it’s essential to revisit your budget and financial plan every six months. This financial check-up is your opportunity to get back on track before you stray too far from your goals.  A regular financial check-up is even more crucial today as inflation continues to decrease the value of your money. With less money to spend, it’s important to find ways to maximize your hard-earned dollars.   Consider the following inflation-fighting strategies when…

As the new year begins, people take the opportunity to start fresh. It’s a time to change habits and resolve to be better in the coming year. Living healthier, spending more time with family and friends, and bettering one’s financial position are consistently the top resolutions each year.   Even though you may have the best intentions, it can be challenging to stick with your resolutions throughout the year – especially regarding financial goals.   Accomplishing your goals becomes much easier when you do it with your partner. You get to work as a team to hit your target. That includes…

To celebrate National Financial Awareness Day, we’re bringing you 10 ways to improve your finances. Take these steps to protect your financial health through 2022 and beyond!  Address your tendency to overspend. Sticking to a budget is the key to success. Overspending can cause stress and anxiety around money, so addressing it is important for healthy financial fitness.  Consider starting your own business. If you find yourself in need of another source of income during challenging times, consider turning one of your unique skills into a side gig. This year might be your year!  Prepare for major life events. Make sure…

Life in your twenties can be exciting and full of new opportunities. There are many milestones you might check off your lists during this period: graduating college, starting your career, getting married, and even starting your family.   While long-term financial goals might seem a lifetime away, the decisions you make today can significantly impact your future fiscal success. When it comes to building wealth, time is your best friend. The sooner you begin laying the foundation for the future, the better your position will be when you approach your next financial milestone.   Here are several wise money moves you can…