Many Americans never overspend and take great pride in paying their bills on time. When they apply for credit, such as a mortgage, however, they may discover some shocking news: A credit report indicating seriously delinquent bills.
'Make Cents' Blog
Pro athletes and other affluent individuals tend to be primary targets for unscrupulous financial professionals. It is crucial to conduct thorough research when looking for a financial advisor. A successful, long-term relationship with your advisor can be beneficial to you and your family. Here are a few key factors to consider when hiring a financial advisor.
A trust is a legal entity that is central to a three-part agreement in which an individual — the trust’s "grantor" — transfers the legal title to an asset to that trust for the purpose of benefiting one or more beneficiaries. The trust is managed by one or more trustees. Trusts may be revocable or irrevocable and are sometimes included as part of a will.
Certified Financial Planners (CFP) can stand out from a rather crowded field of financial professionals for a variety of reasons. One of the most important reasons is that Certified Financial Planners are mandated to act as a fiduciary, meaning that they are required to put their client’s interests and needs ahead of his or her own.
Here are some tips to help you provide your children with a sound understanding of money, investments, and personal financial responsibility.
Filing for Social Security?
Before you do, think about these factors.
Many people struggle over which financial statements and records to keep—and for how long—and which ones to throw out.
If you’ve only just begun your career and are starting to collect a decent paycheck, the last thing on your mind is probably retirement planning. When you’re in your twenties and thirties, retirement can feel light years away, but it will get here much quicker than you can imagine. And when it does, you’ll want to be prepared.
*This content is developed from sources believed to be providing accurate information. The information provided is not written or intended as tax or legal advice and may not be relied on for purposes of avoiding any Federal tax penalties.