Think about what you’ll have to show for it if you start saving for retirement now and … Read the rest of this entry »
Does your employer have a 401K or 403(b) retirement savings plan with a company match? If so, read on to find about the FREE money you may be missing. Read the rest of this entry »
Use this chart to figure out where you should stash your money and how you should invest it in view of your needs and your specific situation. Sweet Benjamins – Money Chart – 09-04-11
When you’re in the mood to work on your personal finances, it is tempting to just dive in and start swimming. Doing something … anything … gives us a sense of satisfaction and accomplishment even if we aren’t getting anywhere or we’re going somewhere that doesn’t matter. This is an example of mistaking “motion” for “movement.” If you want to make real progress with your finances, you need to plan before you act and make planning a regular part of your routine. You also need to give yourself a pat on the back for making a plan because having one is a very important steps on the road to financial security. Stay tuned for future posts describing the great things a plan will do for you.
“A good plan violently executed today is better than a perfect plan executed next week,” George S. Patton. Tip-of-the hat to Dave Ramsey for highlighting this quote on Twitter.
One way to organize your financial planning activities is to start with Zone 1 (Cash Management) and then work your way through Zone 2 (Saving), Zone 3 (Credit Management) and Zone 4 (Investment). Or, you can just skip around from Zone to Zone. Either way, use the “search” feature to find all the blog posts for the Zone of interest to you.