6 Ways To Attack Your Finances and Win
Calculating When You Can Retire
I read the obits today. Actually I read them every day – not because I think I’m going to know someone who died, but because the Boston Globe has a quirky take on just who gets a quarter page spread each morning.
I’ve noticed two trends over time. One is that more and more people aren’t expiring until they are 90-something, which is rather encouraging, don’t you think? The other is that most of those approaching the century mark never really “retired”. Oh, they may have worked at a career for forty years or so, but the list of activities …
Read MoreIs It Time You Had “The Talk” with Your Parents?
It’s not enough that we have to psych ourselves up for “The Talk” with our pre-teen kids these days. More and more of us are also having to have a different kind of Talk with our aging parents. This Talk (with a capital “T”) actually involves more asking than telling on our part. As our parents age we find ourselves wondering if they are really prepared for end of life matters. Do they have a will? What about long term care insurance? How much is the monthly mortgage payment?
According to the Employee Benefit Research Institute, only 40% of adult …
Read MoreWhat Does Homeowners Insurance Actually Cover?
As I was recently perusing my homeowner’s insurance policy (yes, financial planners do that sort of thing) I got to thinking. What exactly does this cover?
If you took out a mortgage when you bought your house you were required to have homeowner’s insurance. The bank wasn’t about to loan you money without knowing their asset was insured. But if that was several years ago and you can’t recall the name of the agent who sold you the insurance, your coverage might be out of date.
[See Lee Ann’s tips on life insurance policies for your children]
If you’re …
Read MoreHow To Use Dollar Cost Averaging To Build Wealth
Tired of cinching that proverbial belt ever tighter? The last two years have been all about cutting expenses and doing without, haven’t they? Well I say – maybe it’s time to shift from cutting out the lattes to getting a cut of the coffee profits.
If you are ready to take advantage of your new saving habits, there is a tried and true way to do this: Dollar Cost Averaging. It isn’t new and exciting, but many a millionaire next door has proven its success. The best part – you don’t need a big stash of cash to get started.…
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