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Budgeting

Why Improving Your Credit Score May Be a Wise Resolution for 2014

February 19th, 2014

To many, it may appear that Americans are as addicted to credit as they are to their favorite latte, and the lending and credit industry has reaped the benefits, especially from those who have less-than-a-great credit score. One aspect of this fact appears to be changing based upon a recent announcement by federal regulators. The
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What Does an Actuarial Analyst Do?

November 22nd, 2013

Many companies are awash in various finance types who summarize and present all sorts of financial information. Large corporations and companies in certain industries (insurance, financial sector, accounting firms) commonly have another role in finance for actuarial analysis. So what do actuarial analysts do? The actuarial analyst is a role typically used in a company
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How to Make Money with Money

November 22nd, 2013

It will come as no shock to most that the best way to make money is with money. The more money you have, the more additional money you can generate with that through investing and putting your money to work for you. Getting Started To get started you need money, how else are you going
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Why Buy Appliance Insurance

November 22nd, 2013

Every time you go out and purchase a major household appliance or piece of technology, you are often pressured to purchase the appliance insurance (or extended warranty) that is offered by the seller. They will give you numerous reasons why you’d be crazy not to buy it but at the end of the day you
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401K vs. IRA

November 22nd, 2013

When considering investing for your retirement you’ll hear a lot about 401K’s and IRA’s (or Individual Retirement Accounts) and sorting out what you should be doing is difficult. The core difference is that 401K’s are offered through your employer, and with matching schemes in place at many companies. These are often where you want to
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Lease vs. Buy?

November 22nd, 2013

Leasing or buying an asset can be a tough decision for any business to make. Which option works best for your company is contingent on a series of factors that every business owner or manager should consider. What is your cash situation? If you’re cash strapped leasing may be your best option, as the cash
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The Importance of Saving and How Much To Set Aside

March 8th, 2013

Saving is an important step on the way to financial well-being, both in the short term and in the long term. In the short term, it gives you an emergency cushion in the event that an unforeseen, large and urgent expense arises. In the long term, a consistent pattern of saving can enable you to accomplish your financial goals, such as financing a college education, a home purchase, or a retirement. If more money comes in every month than goes
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Budgeting and Saving, The Age-Old Dilemma

January 25th, 2013

This article stresses the importance of budgeting and saving and drives home the point through a couple of examples.

Creating a Family Budget to Avoid Financial Issues at Home

January 25th, 2013

Creating a family budget can be a liberating experience which reduces internal disputes; this article shows you how to tally your income and expenses.

Budgeting and Saving: Mint vs. Moneydance

January 25th, 2013

Here is a comparison of budgeting tools offered by Microsoft and Quicken which you can use to find the software that works best for you.

7 Simple Steps for Setting Up a Budget

January 22nd, 2013

Are you making the most of your money? Learn how to evaluate your income and expenses and take steps to improve your budget situation.

Your Rights as a Financial Advisor’s Client

October 23rd, 2012

There are only a handful of industries that are more personal or emotional than the financial services industry. In every relationship, it is important to know the expectations and boundaries. To address this issue, the financial services industry has adopted the concept of a Client Bill of Rights. The original framework developed in the mid
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How Financial Advisor Fees Work – Don’t Be Afraid to Ask!

October 23rd, 2012

We have often been taught as children that asking someone how they make their money is fine while asking how much they make is inappropriate. However, the rules are different for financial advisors even though many people don’t ask how much the advisor will make. How the advisor makes their money and how much they
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Should I Fire My Financial Advisor?

October 22nd, 2012

As the CEO of your money, you have the ultimate responsibility for it and the people involved with managing it. Markets are volatile and sometimes things don’t go as planned. When this happens, should you scrap the plan, fire the advisor, or both? Ultimately, it is a difficult decision because a relationship with a financial
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What are the Benefits of Hiring a Financial Advisor?

October 22nd, 2012

If you are one of the many self directed investors who get that sinking feeling when your brokerage statement comes in the mail, it might be time to consider hiring a financial advisor. It has been years since the “dot.com” bubble, the housing market imploded and the global recession started. While the markets have been
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How to Find the Right Financial Advisor

October 22nd, 2012

Financial Advisors are everywhere! They are on television, advertise on the radio and in magazines. They even knock on your door with pamphlets about how great they are while trying to get an appointment with you. They will hand you a business card with enough acronyms after their name to make a military acronym generator
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A Three-Step Process for Developing an Investment Policy

October 22nd, 2012

Haphazard investment choices will rarely help you realize your goals, which is why every investor should take the time to develop a Statement of Investment Policy. Doing so provides you with a written summary of your investment objectives and the choices you’ve made to achieve them that can be revisited annually and modified as necessary.  Institutional investor
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Tips and Tools for Planning Your Retirement

October 22nd, 2012

If one of your dreams is early retirement—or maybe just a comfortable retirement when the time comes—you’ll have a much better chance of realizing your goal if you have a game plan.  In order to be able to retire at any given age, you will need the financial means to do so, and it’s hard
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What to Avoid When Picking a Financial Advisor

October 17th, 2012

There is “no shame in your game” if you ask for help. Managing money is a monumental task. It is time consuming and often frustrating. While no one is going to care about your money more than you do, it is important to find someone who is going to care about you. The financial services
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