So many of the financial principles we all teach our children extend far beyond just finances – they develop character. Teaching financial stewardship in children is a tangible way to teach intangible character traits.
It’s normal to think that the stock market is in a downward spiral. History shows, however, that this is often not the case. Although declines like we have seen in the past week are not fun, they generally are not reason to panic.
On December 22, 2017, President Trump signed the Tax Cuts and Jobs Act of 2017 (the act or TCJA). The legislation makes significant changes to the Internal Revenue Code (IRC), including individual, corporate, and gift and estate taxation.
The fact is that many people don’t know where to start when trying to determine their future financial goals.
Margin is the space between our current pace and our limits. Everybody has limits, and unfortunately in today’s demanding world, many push the pace right up to the limit.
Most people aren’t naturally grateful and it’s easy to get caught up in surviving a day. Understanding the “why” of gratefulness goes a long way to remind us how to be thankful.
The concept of Medicare can be murky for soon-to-be retirees. If you learn basic enrollment guidelines and some of the nuances of various Medicare plans, you’ll be empowered with the knowledge you need to make better decisions—and avoid costly penalties.
We must tell our money where to go instead of wondering later where it went. If you don’t keep a budget, it doesn’t necessarily mean you are reckless, just that you could be stewarding your money better.
We all want what’s best for our kids, but under these conditions, we often mistake their experience and comfort for the purpose of college and what lies just beyond their graduation.
The question, “Am I on track”, comes up on a regular basis. We all want to know if what we are doing is going to be enough to ensure our financial future is secure. However, most of the time, we haven’t answered where we are trying to go.