As we age, it becomes more likely that we will inherit money. It can be from a parent, grandparent or even a close friend. The circumstances in which you inherit money can be trying enough. Don’t let inheriting money cause you any additional stress. This article will discuss the first steps to take should you […]
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Book Review: “The 2% Rule to Get Debt Free Fast” by Alex & Cassie Michael
The 2% Rule to Get Debt Free Fast: An Innovative Method to Pay Your Loans Off For Good by Alex & Cassie Michael As the summer winds down, families turn their attention towards returning to work or starting a new school year. As this new phase of the year begins, consider this an opportune time […]
Read MoreCreating A Personal Net Worth Statement
How Do I Calculate My Net Worth? And why it might be more important than what you are earning A net worth statement is one of three statements that are critical to understanding your financial situation. A cash flow statement which is used to help with the timing of income and paying bills on time. […]
Read MoreIs Your Alimony Ending Soon?
Is Your Alimony Ending Soon? In the past, alimony was received for a lifetime. Now, in most states, there is no longer permanent alimony. The amount of time an ex-spouse receives alimony is frequently based upon the number of years of the marriage. In some cases, alimony may last only for a few years. The […]
Read MoreBook Review: “The Most Important Thing Illuminated” by Howard Marks
The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful Investor by Howard Marks I was hoping to find a book this past month that could help improve my decision-making process when selecting investments. Howard Marks, co-founder of Oaktree Capital Management, delivered with his 2011 book for the “thoughtful investor.” In 20 succinct chapters, Marks […]
Read More5 Steps to Help Stop Living Paycheck to Paycheck
Are you among the growing trend of households who are high-income earners but are living paycheck to paycheck? It is likely you have little or no savings, except for your retirement account. However, if you had a minor emergency, you would not have any extra funds to pay for it. You may be wondering what […]
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