The importance of having a savings plan can’t be stressed enough. Women have an even greater need than men to begin saving as much as they can early in their careers, since they have a longer lifespan than men1 and typically earn less over their lifetimes2.
As you start out in life, your finances can seem overwhelming. How can you start saving money? Taking out loans? Financing a house? Before you can set attainable goals for yourself, you have to have a solid understanding of some basic financial terms. That's where we can help.
With the start of a new year, let’s review some of the basics.
At the core of any successful financial enterprise, be it a household or a business, is a sound and effective budget plan that is used to drive all cash flow decisions, large and small, on a daily basis.
Long blog post…but bear with me. (Pun intended.)
2020 has been anything but predictable.
Kids are at home and arguably all their schooling is now “home work." Don’t think you’re off the hook!
Here are a few things you can do to keep your ‘adulting’ muscles in shape:
Click to read: Feds Step In To Stabilize
Please don't hesitate to reach out with questions during these uncertain times.
Did you spend more over the recent holidays than you expected? If so, you’re far from alone. According to CBS News, Americans spent more than $34 billion on last-minute shopping alone during the 2019 holiday season1—that’s $2.5 billion more than on Black Friday—and means the average American added about $1,000 to their credit card debt.2
As we look back on the year, THANK YOU for making 2019 a successful year for Balanced Financial Concepts. Every year we strive to earn your trust in new and different ways by adapting to the ever-changing world and being proactive for you, our clients.
Did you know there’s a National Toy Hall of Fame? And since 1998, it’s been inducting our most cherished playthings into the history books (https://www.toyhalloffame.org/toys/year).