cat Useful Tips For Financial posts

Start Investing

Finally, you should meet with your chosen financial planner and begin to invest. You and your financial planner will consider your goals, then figure out a workable plan for you to get there. He or sh

Interview Several Financial Planners

Then you should interview several financial planners before choosing one. You should find a financial planner that you feel comfortable with and who listens to you and carefully considers your needs.

Find a Financial Planner That Understands You

Don’t just put your money with the first financial planner you meet with. Do your research online, then ask around. Often, word of mouth is the best way to find a great financial planner. Ideal

Write Down Your Financial Goals

Before you meet with a financial planner, you need to determine what you want to accomplish in terms of long and short-term goals. Take an evening or weekend to write down your specific money-related

Financial Safety Net Summary

Once you’ve protected your income-generating ability with disability insurance, protected your dependents with life insurance, and protected your other assets by having a six-month emergency fun

Consider Life Insurance

Life insurance is generally a necessity for your financial safety net if you have dependents like children or a spouse who would suffer financially if you were to die. Ask yourself, what would my fami

Consider Long-Term Disability Insurance

Long-term disability insurance helps replace your income if you are unable to work due to illness or injury. Many people consider this coverage a luxury, when in fact, it should be considered a necess

Start With an Emergency Fund

Sometimes also known as a “rainy day” fund, an emergency fund is generally a stash of money held in a liquid savings account that is specifically set aside for unexpected events that carry

What is a Financial Safety Net?

A financial safety net is not one savings account or an insurance policy, but rather a comprehensive portfolio of risk-reducing measures. A financial safety net is meant to protect you and your family