.: Financial Planning Top Related Articles
1). Resolving Marital Conflict Over Money
Avoid money-based conflicts in your marriage by taking prudent financial planning steps and working with your spouse to meet mutual goals.
Article tags: marital confict, marriage, budget, household, financial planning, married, couple
2). 401K plans And Their Benefits
What exactly are 401 k plans? A 401k plan is a type of an employer sponsored retirement plan for the employees of the organization.
Article tags: financial planning, personal finance, 401k, 401k plans
3). The Magic Bullet Theory of Investing
Sadly, too many people believe that the successful in our society got that way through luck. So their financial plan is based not on earning and investing money, but waiting for their fairy godmother to show up.
Some “miracle” roads to riches:
The Lottery
What better way to get rich, but to play the lottery. Even though the odds are 200 million to one, somebody’s got to win – right? Why not you?
The ancillary to this is gambling.
Article tags: money and investing, financial planning, taxes, get rich quick schemes, gambling
4). How to Avoid Dumb Investment Mistakes
Smart people sometimes make dumb mistakes when it comes to investing. Part of the reason for this, I guess, is that most people don’t have the time to learn what they need to know to make good decisions. Another reason is that oftentimes when you make a dumb mistake, somebody else—an investment salesperson, for example—makes money. Fortunately, you can save yourself lots of money and a bunch of headaches by not making bad investment decisions.
Article tags: financial planning, ira, 401, retirement planning
5). Prenuptial Agreements: Protecting Your Financial Security
With the responsibility of marriage comes the forethought to the marriage. No, I’m not talking about rings and wedding receptions, I’m talking about financial security for both the parties involved. If you are one of these forward thinking people who are entering into marriage only after having secured a good career with a solid income and a secure financial portfolio, then you need to consider the other securities about marriage, as well.
Article tags: prenuptial agreement, marriage contract, prenuptual agreement, prenup, financial planning
6). Determining How Much Life Insurance You Need
When considering life insurance, you’re planning and preparing for an event most of us would rather not think about. But life insurance represents a critical step in managing your personal finances and ensuring your family’s well-being.
The Two Approaches to Life Insurance
You can use one of two approaches to estimate how much life insurance you should buy: the needs approach or the replacement-income approach.
Article tags: insurance, life insurance, financial planning
7). When IRAs, 401(k)s, and Other Tax-sheltered Investments Don’t Make Sense
Every year about this time, people start talking about and considering things like IRA contributions. Most of the time, tax-sheltered investments make great sense. The federal and state governments have designed their tax laws to encourage such savings. However, that said, there are three situations in which it may be a poor idea to use tax-sheltered.
Article tags: iras, 401(k), 401k, financial planning, retirement savings
8). WHY THE FINANCIAL NEWS MEDIA CAN COST YOU MONEY!
The communication innovations we have around us today like the internet, financial newspapers, and special interest television channels focused on investing like CNBC are a high speed pipeline of nonsensical chatter. All these sources of information mean that there is no shortage of media people trying to answer our questions about the stock market and specific stocks.
Article tags: stocks, investing, stock market, mutual funds, financial planning, e-trade, ameritrade, scottrade, make money, 401k, stock trading, merrill lynch, nyse, amex, roth ira, retirement planning, online, st
9). How Much Money Should You Save for Financial Emergencies?
Copyright 2006 Tony Mase
Practically every financial planning and personal finance book you'll ever read advises you to start an emergency savings fund, or rainy day fund as some call it, to meet unexpected financial emergencies, as one of the first steps you should take to build wealth.
Some advise a fixed dollar amount, such as $500 or $1,000, be set aside for financial emergencies.
Article tags: personal finance, financial planning, wealth, wattles, wallace d wattles, wallace wattles
10). Dealing with The Stress of Debt!
As the New Year begins many people resolve to address the problems caused by their debts. This article provides some insights into dealing with the stress of debts.
Article tags: credit cards, debt, stress, financial planning
11). Get Rich Slowly
Is it hard to get rich? Not really, if you’re young.
Its fun to play with financial calculators and see what might happen.
Assume you have just graduated from college, are about 22 years old and I just started your first real job. If you put $100 a month in an IRA that grows at 10% a year, you will have about $865,000 at age 65. 10% a year compound growth is about what you should exect if the money was invested in a no-load S&P 500 Index Fund.
Article tags: savings and investments, financial planning, personal finance, debt management
12). Top 7 Ways to Minimize Your Income Taxes
Are you paying too much in income taxes? Are you getting all the credits and deductions you are entitled to? Here are 7 tips to help you minimize taxes and keep more in your pocket:
1. Participate in company retirement plans. Every dollar you contribute will reduce your taxable income and thus your income taxes. Similarly, enroll in your company’s flexible spending account.
Article tags: tax planning, income taxes, saving on taxes, financial planning
13). Eight Rules for Saving Money When You Buy Insurance
By following the eight rules explained here, you can save money, and just as important, you can save yourself from making serious mistakes when you shop for and acquire insurance policies.
Rule 1: Buy Insurance Only for Financial Risks You Can’t Afford to Bear on Your Own
The purpose of insurance is to cover catastrophes that would devastate you or your family.
Article tags: insurance, financial planning
14). How to Save Money on Credit Cards: 8 Easy Tips
Holiday shopping overloaded your credit cards? Worried about the finance charges you’ll soon start paying? Fortunately, you can use a bunch of different tactics to save money on credit cards. Some suggestions follow:
Leave Home without It
If you’re like most people, you spend more money if you carry a credit card around. Some studies show that credit card holders spend 23 percent more on average even if they don’t carry a balance on the credit cards.
Article tags: credit cards, financial planning, credit card
15). The Devil Made Me Do It
Unfortunately there is a growing trend in the US to blame someone else for our own mistakes or bad decisions.
If you build your house on the beach and it gets blown over by a hurricane, FEMA will take care of rebuilding it.
If you eat too much, some nice trial lawyer will be happy to sue McDonalds or Ben & Jerry’s for making high fat food that you decided to eat too much of.
Article tags: debt help, debt management, financial planning