When it comes to data, Peter Druker’s words hold true, “What gets measured gets managed”. In the post recession times, financial firms are truly getting into the depth of his words. Financial firms have been creating, managing and storing data for decades with the help of technology. But post the economic melt down, the need …
Homeowners in the US have seen an exponential hike in the cost of their utility bills since 2003. Over the last 10 years the average price of water has increased by 15%, gas has increased twofold, and the average electricity bill has increased by approximately 250%. It’s no wonder that homeowners are looking for new …
How an Energy Saving Audit Could Save You Thousands Read More »
Choosing a financial planner can be the single most important decision in your life. Don’t believe me? Ask anyone that was a client of Bernie Madoff’s and you’ll see the importance behind it. To give those victims some credit, it’s tough to know when someone is an outright crook and liar. Just like those people, …
There are a lot of reasons people live on a fixed income. Maybe you’re disabled, retired, or simply saving for a large purchase. No matter what you’re reasons are for having a fixed income, there is always the downside of controlled spending and that often means going without. In order to make every dollar count, …
For many boomers, they always want better for their kids; especially when it comes to their college education. As soon as your kids start their college education, they will have to make a lot of adjustments most especially in their finances. Even though they still have student loans to pay, they can still save. Below …
It’s well known that saving and repaying debt are both good for your finances. Both can help to protect you against financial emergencies. But which is better? Let’s imagine you have $200 ‘spare’ per month to use, and you can either put it into a savings account or use it to ‘overpay’ on your debts. …
Are you a baby boomer that feels like they are never getting ahead? If your stuck in a rut, and can’t figure out why you can’t get a hold of your financial situation, it’s time for a change. To get on financial track could mean to implement a variety of things. Today, we are just …
Four Money Skills That Are Making Baby Boomers Poor Read More »
Failing to prepare for the unknown and unexpected is one of the worst things someone can do to themselves. With the rising cost of medical bills, if people aren’t careful they can find themselves in quite a bit of debt after it’s all said and done. What’s worse is that a good portion of the …
Today, many people take their paycheck and run with it, leaving little to no cash to actually put anywhere and save. In fact, over 3/4 of Americans are living paycheck to paycheck, meaning that these people don’t have any sort of money stashed away. But you don’t have to be part of that majority. If you want to save your …
I have three kids and parents will understand when I say that along the joys of raising kids come with the many decisions we have to make as parents that may define how they turn out as adults. In this post, I would like to share some tough decisions I have to make. Hope it rings …