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Managing your family’s finances isn’t an easy task. In addition to offsetting the cost of raising children and managing the household, you’re probably facing hefty financial burdens, such as saving for retirement, college tuition, home ownership, and more. Although it may seem a bit overwhelming, balancing your family’s short and long-term financial goals is possible. The following tips will help you and your family move closer to financial security/ financial freedom. Define your family financial goals- Remember […]
We’ve all had unexpected financial occurrences throughout our lives that either throw us off our savings goals, or cause us to change plans and cut back; especially at times when we could really do with that vacation, a night out, or changing out that old phone. Whether it’s a large unexpected expense, a job loss, or a significant decline on your investments, everyone faces financial setbacks. In times like these saving money may be the last thing on your mind. […]
We have all heard of the term ‘Don’t put all your eggs in one basket’ and generally, this saying can be applied to many situations. In investing, it is no different. In fact, not putting all your eggs in one basket, also known as diversification, is the best strategy to reduce the total amount of risk any individual is exposed to. As an investor holds multiple assets, often across multiple categories, the investment risk is minimized by removing […]
International Women’s Day is celebrated every year on March 8th. It continues to be a vehicle geared towards positive change. It is a global day that highlights and encourages the celebration of the social, economic, political and cultural achievements of women across the globe while also striving to promote gender balance everywhere. A balanced world is a better world. It is said, that gender balance is an essential tool in the development and prosperity of economies and communities. The […]