Benefits to Negotiate for After Job Offer

Benefits to Negotiate For After a Job Offer

You've made it through the interview, impressed the boss and have a job offer on the table, now it's time to discuss your job benefits. Hopefully you've done a little background research on the company so you can avoid negotiating yourself out of that job. Be wise, calm and professional, and get everything in writing to avoid misunderstandings on either side.   Salary Options If you're happy... Continue reading

How to Maximize Your Social Security Benefits

Date: August 9, 2016 No one wants to leave money on the table, but if you don’t map out your approach to collecting Social Security benefits as part of a plan to save for your retirement years, you could be doing just that. Exactly how to maximize your benefits depends on your personal situation, but here are some general rules to keep in mind.   Pay Attention to Your Earnings Many people focus... Continue reading

Why Everyone Needs Financial Cheat Days

Following a budget is like sticking to a diet — you must keep your eyes on long-term goals at the expense of short-term indulgence. But a regime of all belt-tightening without any splurges can lead to abandoning the resolution and going hog wild with spending. That's why even the most rigorous budgeters must build in occasional cheat days.   Budget Benefits Anyone who has overspent a paycheck or... Continue reading

Investing 101: What Is Asset Allocation?

Date: August 4, 2016 Asset allocation sounds like a highbrow finance term, but it's a pretty simple concept in reality. Most people want to earn the highest possible return when they invest their hard-earned money, while taking the least amount of risk. Asset allocation tries to achieve this balance by using statistical models of historical risk and return. The "correct" formula can vary from... Continue reading

Investment Ideas for Busy People

One of the most convenient byproducts of the growth of the Internet is easy access to financial information. Data that used to be only in the hands of stockbrokers can now be downloaded from the comfort of your own home with just a click of the mouse. But when it comes to investments, facts and figures are only part of the story. Successfully mastering a portfolio of investments can take an... Continue reading
How to Budget Your Money With Elizabeth Warren's 50-20-30 Rule

How to Budget Your Money With Elizabeth Warren's 50-20-30 Rule

What's the best way to slice the money pie? It's a question many people struggle with, and there are lots of options are out there for how to make the cut. One formula that’s on the upswing is the 50-20-30 rule, one of the more workable plans for managing your money. Continue reading

The Pros and Cons of Being Your Own Boss

Date: July 28, 2016 For many workers, the idea of being your own boss is a dream, but as with many fantasies, dreamers who want to be self-employed can overlook the negative aspects of being the one in charge. With a complicated mix of responsibilities, opportunities and tax considerations, being your own boss carries a host of pros and cons.   Trading Predictable Income for Unlimited Potential... Continue reading

Stages of Retirement Planning

Date: July 21, 2016 Most people put off thinking about retirement until their older, but they shouldn’t.  In 2015, the AARP reported that you should aim to have saved $1 million to $1.5 million, or at least 10 to 12 times your current income, in order to enjoy your golden years. Common sense tells you that the earlier you start saving, the sooner you'll have your ideal nest egg. Here are some to... Continue reading

How to Keep a Spending Journal

Do you ever look at your bank account balance and wonder where your money went? Or, perhaps you're getting serious about setting up a budget to get yourself financially on track. The best way to monitor your spending — the first viable step to creating a realistic budget — is to keep a spending journal. What Is a Spending Journal? A spending journal is a visual aide that lets you see exactly... Continue reading

Pros and Cons of Paying Off Your Mortgage Early

Date: July 7, 2016 Life is good — you have a little extra cash on hand, and oh-so many possibilities exist for making that money work for you. You might invest it, save it or even pay off your mortgage early. Whether you should do the latter, though, depends on your personal circumstances. Looking Ahead Toward Retirement Paying off your mortgage early can be a good idea if you anticipate you’ll... Continue reading