Setting healthy financial goals is critical. Even more important is staying committed to those financial goals. Keeping yourself committed to your goals may be difficult, especially when times may be financially tough. But by staying on track and focused on your goals, you are more likely to get the long-term outcome you seek.
When it comes to saving for retirement, the options can seem endless. From 401(k) plans to IRAs, to Roth IRAs, health savings accounts, even life insurance policies, there are a variety of financial vehicles that allow you to set aside and invest funds for your future. But when it comes down to allocating your funds between accounts, what should you consider? Here we discuss the basics of the 401(k) vs. life insurance debate.
Money can be a confusing and unapproachable topic for adults, let alone for kids. The key is to teach children about money early so that they can develop a healthy relationship with it.
Leo Maheras |
With the cost of providing health care and other employee benefits rising, small businesses may find it difficult to compete with larger companies in attracting and retaining the most talented workers.
April is National Financial Literacy Month – an entire month dedicated to underscoring the importance of learning, establishing and maintaining healthy financial habits.
Mom-and-pop businesses have held a special place in the hearts of American consumers since the beginning of retail commerce in the USA. These family-owned, small businesses were America’s backbone before larger corporations began to take over and drive them out of business.
Credit card use can be beneficial to your finances if managed appropriately. Learning to balance credit card use with spending habits while also saving can positively impact your finances over time. Credit card use often helps increase one's credit score if the balances are paid in full each month and on time.
Combining today's low gift tax rates with a historic peak on the lifetime gift tax exemption amount (currently $12.06 million), now could be a great time for women to pass along assets to family members and other loved ones.1 Giving these gifts today may result in favorable tax treatment and reduce the risk that these exemption amounts will be reduced in the future.
You're ready to buy an insurance policy, but you feel a bit uneasy embarking into the insurance world. After all, the language can be technical, and you're wary of insurance agents throwing sales pitches at you. Whether you're buying an auto policy, a homeowners policy, a life insurance policy, or some other type of policy, here are some general tips to help you tread the insurance waters.