One of the most stressful aspects of retirement is managing cash flow. Here are some ways to improve your cash flow and manage your stress. Research indicates that many seniors are concerned about retirement. They worry about cash flow and wonder how they can possibly live comfortably. While the best way to ease your retirement …
Easing Retirement: How to Improve Cash Flow and Manage Stress Read More »
The best thing you can do is plan for the unexpected. Here’s how. Death is a topic many families are uneasy discussing. However, in not doing so while you are alive and healthy you can place a huge financial and emotional burden on your loved ones. Here are five ways for you to plan for …
When making decisions about your finances, you can’t let fear rule you. One of the unfortunate truths about human behavior (and behavioral finance) is that fear has a big impact on what you do. Fear drives us to make decisions on many subjects, from where we live to how we behave toward others to what …
Developing a saving habit is an important part of achieving financial security. One of the things that I have heard from people I know struggling with their finances is this: “I don’t have enough money to start saving.” Unfortunately, that kind of attitude is a big part of why, for many, saving isn’t a priority. …
My husband sometimes accuses me of hating to spend money. This is false. I just hate spending money on certain things. Not too long ago, my husband made a trip to Wyoming to buy fireworks for the Fourth of July (which we will be celebrating on the 6th due to a number of circumstances). My …
The IRS makes a distinction between earned income vs. unearned income. Know the difference. When you file your taxes, it is important to understand the difference between earned income vs. unearned income. Indeed, one of the tax lessons that we can learn from the wealthy is that unearned income can be beneficial, depending on the …
