budget financial planning

Let’s talk the B. word.

The toughest part of a financial plan can be following a budget. But, when you execute a budget correctly it can lead you down the quickest path to financial freedom!

Budget–It’s Not a Bad Word

It’s time to take stock of your spending habits and create a budget. Seeing the numbers in front of you can help you understand your financial situation and figure out where you can economize. Millennials face some unique financial stressors that are quite different from those that previous generations encountered. The fallout from the Great Recession, high student loan debt, …

financial planning for children

Budgeting for Baby

Expecting a new arrival? Learn how to budget for your growing family, including child care, insurance, and parental leave. Starting a family is truly one of life’s most fulfilling experiences. Unfortunately, it can also be among the most expensive. Many parents could spend more than $200,000 during a child’s first 18 years. As you consider your growing family’s fiscal needs, …

financial advisor Ahwatukee Arizona

Why Couples Fight Over Money.

You see money one way, your partner sees it another. Don’t let financial disagreements take a toll on your relationship. Differences about money can cause friction in your relationship. That’s why a trusted, impartial financial advisor can be such a valuable intermediary when couples disagree about spending, savings, and investments. A financial advisor can address your differences through a process …

investment manager Ahwatukee AZ

Save and Invest Without Even Thinking About It

Automate your retirement planning and wealth-building approach. Build your emergency fund with automatic transfers. Practically any bank or credit union can arrange daily, weekly, or per-paycheck transfers of money from a checking account into a savings account, or split your incoming paycheck into percentages going to both accounts. Try some apps. Apps like Qapital subtly direct spare change from debit …

Build a Solid Financial Foundation

Creating a solid financial foundation can help investors stay focused no matter how the markets are performing. When the markets and the economy are behaving badly, as they tend to do from time to time, it’s easy to feel helpless. But creating a solid financial foundation can help you gain control of your investments and possibly avoid mistakes that can sabotage …

50%, 20%, 30%: A Money Rule to Consider

One rule that can help you budget your income. Try the 50/20/30 technique for managing your household money. Applied over time, it may improve your financial picture. Here’s how you can do it: Assign 50% of your income to essential expenses. Think food, rent, transportation costs, and utilities. Try to avoid using up more than half your monthly income for …

How to Live Within Your Means

SPEND LESS THAN YOU EARN This may seem obvious; however, it must be said.  If you spend less than you bring home, then you will begin to accumulate wealth!  It is almost too easy to make purchases these days.  Within a minute, anyone can think of a product, order it on Amazon, pay for it with a credit card already …