Financial Planning and Strategies

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Personal Finance | Financial Planning and Strategies | Wiseradvisor.com
Concentrating on the Financial Planning process

The Financial Process As every process, financial planning has steps that help you to make this process easier and even beneficial. So, you are offered some steps that should be taken into your consideration. 1. So, at...
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Personal Finance | Financial Planning and Strategies | Wiseradvisor.com
Is Financial Planning Only for the Riches?

Establishing Your Financial Planning Health   A lot of people have the assumption that financial planning is only for the rich. That assumption is inaccurate. In fact, when a person has a really tight budget, it is...
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Personal Finance | Financial Planning and Strategies | Wiseradvisor.com
Love & Money: 4 Reasons to Talk Money with Your Partner

When you’re getting serious with someone, you’ll need to initiate many serious conversations — getting married, having kids, who gets control of the TV remote — so a conversation about money might be...
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Personal Finance | Financial Planning and Strategies | Wiseradvisor.com
Are You 18 to 35? Read This Before You Spend Another Dollar

By Paula Pant. Do you think that just because you're young, you don't need to worry about money? Guess again. Whether you're a high school graduate, college student or you've recently entered the working world, getting...
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Personal Finance | Financial Planning and Strategies | Wiseradvisor.com
I've Graduated.. But Don't Have a Job. Now What?

By Paula Pant. Congratulations! After years of hard work, you've finally accepted your diploma, crossed that stage and entered the Real World. And you have zero job prospects lined up. The thought of finding a job...
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Personal Finance | Financial Planning and Strategies | Wiseradvisor.com
Your 10-point Financial Check-Up

To keep your car running smoothly, you need to give it an occasional tune-up. The same is true for your personal 'financial engine' - if you're going to keep it humming, you'll have to make sure all the parts are working...
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Personal Finance | Financial Planning and Strategies | Wiseradvisor.com
Finding the Appropriate Financial Prescription for MDs

Comprehensive financial planning is important for any investor seeking a secure financial future. But for physicians, effective planning is especially critical because such high-income professionals have unique and complex...
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Personal Finance | Financial Planning and Strategies | Wiseradvisor.com
Make Meaningful Milestones: Set Your Goals

"He who is fixed on a star does not change his mind." - Leonardo Da Vinci Have you ever thought about how powerful setting specific goals can be? My sense is that you have so I am not going to spend a lot of time on why...
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Personal Finance | Financial Planning and Strategies | Wiseradvisor.com
Benchmark Your Current Financial Reality

In my previous articles, I talked about clarifying those things in life that are truly important to you - your values. I also discussed identifying those important milestones that require money and planning to achieve -...
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Personal Finance | Financial Planning and Strategies | Wiseradvisor.com
Investing vs. Paying Off Debt

It can be difficult to decide where to allocate your funds when you want to both increase your investment portfolio and reduce your outstanding debt. The decision typically depends on the potential return of the investment...
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Personal Finance | Financial Planning and Strategies | Wiseradvisor.com
Base Your Plan on What's Important to You

"When your values are clear, your decisions are easy." - Roy Disney If managing your financial future were an Olympic event, would you make the team? Now I seriously doubt that this would ever become an Olympic event,...
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Personal Finance | Financial Planning and Strategies | Wiseradvisor.com
Having a Sound Financial Plan is Key

Before you start investing your family's hard earned assets, having a sound financial plan in place is the key to making sure your investment choices are well directed. Below you?ll find some of the steps you can take to...
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Personal Finance | Financial Planning and Strategies | Wiseradvisor.com
How Well Are You Managing "You, Inc."?

Last month I conducted a workshop to help people make smarter choices about their money. For those unable to attend, this article will be the first in a series to summarize some key concepts we covered. Surprisingly,...
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Personal Finance | Financial Planning and Strategies | Wiseradvisor.com
Some Straightforward Planning Can Help You Build a Better Future for You and Your Family

This year, tax laws take effect that impact investors in a variety of ways. There's plenty of good news: Investors can save more for retirement, make larger gifts and leave more to heirs. Here's a look at some new...
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Personal Finance | Financial Planning and Strategies | Wiseradvisor.com
Don't Sabotage Your Financial Goals

One of the surest ways to sabotage your financial goals is to take on an excessive amount of debt. Unfortunately, it's not difficult to get yourself into that situation. Just consistently spend a little more than you...
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Personal Finance | Financial Planning and Strategies | Wiseradvisor.com
Financial Strategies for Major Life Events

As you encounter major life events, different financial matters will be of primary concern. For instance, your financial concerns when you start your first job will be very different from your concerns as you approach...
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Personal Finance | Financial Planning and Strategies | Wiseradvisor.com
Finite, Not Infinite: Getting Your Financial Life in Order

"I'll get to it tommorrow." "We have plenty of time. " "I don't have to worry about that for 20, 30 or 40 years. " "I can't think about that now, I'm too busy. " These are the comments I hear from people today...
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Personal Finance | Financial Planning and Strategies | Wiseradvisor.com
The Importance of Capital

It is critical that the American public begin prioritizing capitalizing their personal finances. The average family spends 34.5% of every dollar earned on interest paid to another institution. Interest to pay for credit...
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Personal Finance | Financial Planning and Strategies | Wiseradvisor.com
Financial Planning Is Your Roadmap

I know that many of you, especially if you are self employed, don't always stick to a plan when it comes to managing your finances. You may be contributing to a retirement plan, but otherwise, your finances often ...
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Personal Finance | Financial Planning and Strategies | Wiseradvisor.com
Enhance the Quality of Your Life

Have you ever wished you had more time in the day to do what you wanted to get done? I think at some point in our lives we have all wished for more time. The truth is that even if we had 5 extra hours a day we would still...
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Personal Finance | Financial Planning and Strategies | Wiseradvisor.com
Financial Thoughts Checkup

The statements below will help you to think about and assess how satisfied you are with the many aspects of your life. Rank each statement on a scale of 1-5 with 1 being not satisfied, 3 moderately satisfied and 5 very...
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Personal Finance | Financial Planning and Strategies | Wiseradvisor.com
Investing Through Different Life Stages

Investing is a lifelong process, and the sooner you start, the better off you'll likely be in the long run. The first part of that process is developing consistent savings habits. Regardless of whether you are saving for...
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Personal Finance | Financial Planning and Strategies | Wiseradvisor.com
Become A Millionaire By Spending Like One

Did you know that a large percentage of today's millionaires have accumulated their wealth in one generation. No we are not talking about people who have some special education, or achieved superior investment performance,...
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Personal Finance | Financial Planning and Strategies | Wiseradvisor.com
Reality-Based Planning Towards True Wealth

There is another approach, which I believe makes much more sense, one based less on pie-in-the-sky and more on what we can realistically plan for. For this plan, the starting point is how much we spend each year or plan to...
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Personal Finance | Financial Planning and Strategies | Wiseradvisor.com
How Useful Are Financial Rules of Thumb?

Financial rules of thumb are designed to give you quick guidelines for your finances. However, you shouldn't follow them without giving some thought to your personal circumstances. Some of the more common financial rules...
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Personal Finance | Financial Planning and Strategies | Wiseradvisor.com
Your Path to Your Financial Goals

By definition, achieving your financial goals requires the accumulation of financial assets. How quickly you accumulate the needed assets depends on three things - how much you earn, how much you save, and how well you...
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Personal Finance | Financial Planning and Strategies | Wiseradvisor.com
Financial Tips for a Lifetime

Lifelong Financial Tips Wherever you are in life, these tips may help you get on solid financial ground and help you stay there. Get specific with your goals. There's an old expression: "If you don't know...
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Personal Finance | Financial Planning and Strategies | Wiseradvisor.com
The Importance of Investment Policy Statements

Whether you are the fiduciary of a pension plan or an individual investor, one of the most important steps you can take in your investment planning process is the creation of an Investment Policy Statement (IPS). An IPS...
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Personal Finance | Financial Planning and Strategies | Wiseradvisor.com
How Do You Make Financial Decisions?

About spending? About investing? About buying insurance? Do you act on your emotions? Or, do you make decisions by weighing the possibilities with the hope of increasing your chances of achieving a desired result? More...
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