At the core of any successful financial enterprise, be it a household or a business, is a sound an effective budget plan that is used to drive all cash flow decisions, large and small, on a daily basis.
In many respects, people can be their own worst enemies in their quest for financial security. When you consider that our lives are nothing more than a culmination of the decisions we make each day, if we tend to make more bad decisions than good decisions, or worse, if we can’t make decisions at all, it’s should be no surprise when financial security remains elusive.
Much is written on the “biggest financial mistakes” that people make with helpful tips for avoiding them. We’re used to seeing many common examples of how people can get themselves in trouble through certain activities, such as charging up credit cards, making minimum interest payments, buying cars new rather than used, not shopping auto insurance plans, etc.
The current economic environment has caused most everyone to reconsider their personal finances with many people having to drastically change their spending and savings habits. Out of this economic malaise may come an opportunity to finally instill the right habits in your teens that can carry them into adulthood on the right financial footing.
What to do when Your Adult Child Comes Looking for a Loan
It’s an unfortunate sign of the times as an increasing number of adult children, caught in the convergence of a sluggish economy, a slow job market, and tight lending, are turning to the Bank of Mom and Dad for financial help.
FPANJ named Leslie T. Beck as its Heart of Financial Planning Award recipient in late 2014, and Beck has now received accolades on the national level.
Sept. 10, 2015 - PRLog -- The Financial Planning Association® (FPA®) announced the winners of its top awards on Friday, Sept.
Leslie T. Beck, CFP®, MBA
No, we're not talking about the soft drink – this COLA is the annual Social Security Cost of Living Adjustment. The Social Security Administration recently announced that there will be no cost of living adjustment for social security payments in 2016, due to continued low levels of inflation. This is only the third time since 1975 social security payments will not adjust f