Much has been said about how to not get in a Financial Hole or Bind when you retire. Let’s focus a bit on How to get out of the financial hole or bind you may find yourself in. First of all, you must admit and recognize that you are indeed in financial straits, and not […]
The prospect of having to live on a fixed income Beyond Retiring can be a daunting one, at best. Having a Nest Egg could certainly help. Pulling from a Nest Egg could become problematic, especially if you don’t have enough funds for the long term. How much money will you need Beyond Retiring? Some […]
When you Retire, you normally no longer have a regular paycheck and you are on a fixed income. Therefore, it is essential that you have a budget to fit your particular needs. A budget that would allow you to live below your means should be considered. This will give you a cushion when unexpected […]
Money Management is serious business. It can be tiring and boring, but necessary; Similar to exercising. You don’t always feel like doing it, and you have to oftentimes think about the end results to stay motivated. The psychological approach to savings. Your attitude toward money management will determine how successfully you can put together […]
