We’re half way through 2008. It’s a great time to do a mid-year checkup of your financial situation. Here are a few of the topics that I like to revisit in the summer to make sure that we are on track!
How can you tell if you&'re financially on track or not? Unless you find yourself in one of the extremes, you're probably wondering that right now. To get the answer, some people spend a lot of time learning and some simply hire a financial planner. However, there is an alternative that you may have not considered...
After teaching my kids about finances, I decided to see if they are sinking in by giving my son a pop quiz on "Getting Rich". His answers were great except when I asked "Do you think you will be rich". Check out his responses to my questions.
While it might be tempting to follow the crowd and depart from your well-thought-out financial plan, it's probably better to take a step back and consider your options.
Everyone’s situation is different. Sure, there are general principles that everyone should follow, but the small details of your financial game plan are up to you. In this article, I hope to help you explore some of your own smaller goals, and how you might handle the variety of game changers that might be thrown your way.
Creating A Financial Plan for Free. You can create your own financial plan for free. You should take advantage of that if you want to retire now or even sometime in the future. There are thousands of free calculators available on the web that could be very useful to you. (Probably more useful than the $3000 plan many financial advisers try to foist on clients.)
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1 year 13 weeks ago
1 year 13 weeks ago