Planning for a Bright Future

About Me

Planning for a Bright Future

When I graduated college, I landed a dream job teaching accounting at a university. For five years I enthusiastically taught my students important accounting principles. During this time, I put a significant portion of my paychecks into a retirement fund. Because I’ve always been extremely conservative with my finances, I invested all of my cash into money market funds. Unfortunately, this decision did not yield great results. Now that I’m older and wiser, I’d like to rectify the retirement mistake I made when I was younger. On this blog, I hope you will discover the best types of funds to include in your retirement portfolio. Enjoy!

4 Signals That Say You Need Financial Advisor Services

Are you looking to make long-term financial plans but don't know where to start? This dilemma faces many people, especially when they want to plan for retirement. Professional financial advice comes in handy when making such plans. A financial advisor helps you create plans for long-term financial goals, including viable investments. If you don't have a good grip on financial matters, it is strongly advisable to use a financial advisor. However, some signals can tell you it is time to get one urgently: Read More 

Two Reasons You Need Life Insurance

Life is a beautiful but perilous treasure. You may have known people who were here one minute, only to find out that they passed away shortly thereafter. Although it's normal to feel invincible when you are young, those emotions begin to change as you grow older. The days seem to fly by, and if you aren't careful, time can get away from you. If you've been putting off getting life insurance because it doesn't seem like a necessity, see why it's vital for you to take out a policy as soon as possible. Read More 

The Top 4 Benefits Of Personal Financial Planning

Personal financial planning is an important part of life for all adults, yet many people push this off for various reasons. If you want to improve your financial position and save more money, you may want to consider meeting with a financial planner. A planner can help you in many ways, and here are the top four benefits you can experience through this activity. 1. You Can Learn How to Set Goals Read More 

Why Choose Holistic Financial Planning

When choosing a financial planner, or a financial planning firm, there are countless choices. Some specialize in providing services to specific professions (e.g. medical doctors, teachers, etc.). Others specialize in very specific aspects of an overall financial plan (e.g. personal insurance, retirement savings, college savings, etc.). It's not uncommon for a single person to have several financial planners at different firms who specialize in various areas of financial planning. Holistic financial planning, as the name implies, takes a big-picture approach to financial planning. Read More 

5 Steps to Determine Your Funeral Costs in Financial Planning

A lifelong financial plan should include not only goals and strategies while you're alive but also what happens to your assets after you pass away. And one often-overlooked area of post-mortem financial planning is your funeral arrangements. How can you include these when doing overall financial plans? Here are five steps to take.  1. Preplan Funeral Arrangements In order to accurately determine how much you need to put aside for funeral costs, you'll need an idea of what you want. Read More