A noteworthy month, April fills up fast with observances ranging from
National Fresh Celery Month and National Straw Hat Month to National
Humor Month (no kidding!). Despite the competition among deserving
topics, Financial Capability earned its own month of recognition in
Spend less than you earn. The idea sounds simple, yet 60% of Americans
don’t, according to a national 2016 study on Financial Capability in the
United States. That statistic may seem surprising, but considering
almost half of us don’t follow a budget, maybe it’s to be expected.
Why is it so important to have a financial plan? For some goals, such as
retirement, we don’t get a second chance to prepare. Life is always
going to throw us curve balls, but if we have a plan, we can better
navigate through uncertainty and challenges. When thinking about
financial planning, we generally consider two life stages: the
accumulation phase and the distribution phase. Within those sta...
If you were like me, your 2016 was crazy busy. With so much going on
around the holidays, did you let a few year-end financial goals slip
through the cracks? The good news is, December wasn’t your last chance
to invest in an IRA. If that’s one of the things you forgot about, there
is still time! Let’s look at why it’s important to invest in an IRA.
Also, read to the end, and you will be rewarded w...