RetirementSavvy

Posts Tagged: savings

The following is a guest post from Eric Hutchinson, a certified financial planner with more than 30 years of experience in the areas of financial planning, investments, estate and tax planning. Hutchinson has professional affiliations with The Financial Planning Association, the Certified Financial Planner Board of Standards and the Investment Management Consultants Association. As Jodi walked… Read Article →

The following is a guest post from David Chen at MillennialPersonalFinance.com. Are you worried you might not be saving enough for retirement? As a recent college graduate, retirement seems like a distant dream that you can always start saving for tomorrow. Eventually, tomorrow will be the last day of your working career and you will need… Read Article →

According to a 2016 study by NerdWallet, households with credit card debt are working themselves out of an average $16,061 hole. With respect to ridding one’s self of the debt chains and getting out of that hole, one school of thought is that credit cards with higher interest rates should be paid off first while the other… Read Article →

In order to achieve success in any endeavor, whether it is mastering an instrument or managing money, certain philosophies or beliefs must be developed and turned into actions. What follows are some of the philosophies which I have adopted and have served me well. Do Not Loan Money At first glance, that statement might strike you as… Read Article →

Last week I moved my son (Aaron) into his own space. Although being active in The Junior Reserve Officers’ Training Corps (JROTC) throughout middle and high school, he entered the workforce instead of the armed forces after graduation. He is twenty years old; witty, charismatic and technically gifted. He has a great job working in a… Read Article →

Each generation gets a little smarter than the last. As to millennials (those currently age 18-35), they understand the importance of saving for retirement at a younger age than their parents or grandparents. The problem is that millennials have greater hurdles than any recent generation. The first problem is student debt. Unlike earlier generations that… Read Article →

The following is a guest post from Rhett Ahlander, a finance writer reporter for Fusion 360, an SEO and content marketing agency. Information provided by Sanctuary Wealth Management. Making Money and Investing Wisely When it comes to making money and investing wisely, any financial advisor in Idaho and elsewhere would say that it takes a few key… Read Article →

As with mental, spiritual fitness, and physical fitness, achieving fiscal fitness pays tremendous dividends and is necessary for total well-being. The essential elements of building a solid financial foundation and reaching your desired level of fitness? Maintain a spending plan, minimize debt, establish an emergency fund, and contribute to retirement plans. Follow a Spending Plan and Limit Debt Maintaining a… Read Article →

When it comes to calculating interest, the two basic choices are simple and compound. Simple Interest is calculated one time solely as a percentage of the principal sum. As an example, if the principle is $100, and the interest rate is 4%, the value at the end of the interest period (e.g. monthly, quarterly, semi-annually, annually) would be $104… Read Article →

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