Tag: Emergency Fund
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10 Financial Planning Actions to Consider During an Economic Crisis
An economic crisis is a situation where a country experiences a financial plunge. It affects the GDP value, as well as reduces liquidity in the system. It also causes drastic market fluctuations and can lead to inflation or deflation. What is more startling is the lack of preparedness to tackle such situations, causing further economic ... -
4 Things You Can Learn from COVID-19 to Improve Your Retirement Plan
COVID-19 has affected the global community. With more than 6.6 million cases around the world, the pandemic has caused many serious implications. The impact has not only been on the physical or mental health of people but has also affected their financial well-being. The crisis has become one of the most critical challenges faced by ... -
How can Financial Advisors Help you with Navigating the Post Covid-19 Economy?
The coronavirus outbreak has affected humans in many ways. The COVID-19 pandemic has brought with it not only a health crisis but also a situation that impacts society, life, economy, and the future of the world. However, there is a bright side to everything, and people have a lot to learn from their current circumstances. ... -
Best Financial Planning Strategy for Children with Special Needs
Parenthood is a substantial financial and emotional responsibility. These duties increase multi-fold when bringing up a child with special needs. Parents usually worry about children’s health, education, and marriage. However, parents of children with special needs have a different set of worries like covering the cost of treatments, therapies, and having someone to take care ... -
Financial Planning To-Do List through Quarantine
The coronavirus pandemic has given people across the world a lot of time to mull over several aspects of life. Financial planning is one such facet that needs to be revisited during this period of quarantine so that investors can take the necessary steps for improvisation. People should also take advantage of the several relaxations ... -
The Dos and Don’ts of Financial Planning
Financial Planning is like laying out a road map for the future. It not only helps you plan your finances but also gives you a direction in life. Studies show that people who engage in financial planning are much more organized and efficient in financial matters. A lot of us do not consider planning for ... -
What should every 50-something know about an Emergency Fund
The road to retirement is long, and even after you get there, you have many years ahead of you! According to a recent Huffington post, there has been an increase of 44% in the number of centenarians in America since 2000. With 70s being touted as the new retirement age, if you are in your ...