The primary goal of financial awareness is to establish and maintain healthy financial habits. Financial awareness aims to help people understand things such as budgeting, setting financial goals, making informed investment decisions, interest rates, managing debt,...
The sequence of returns impacts investors when they are either adding to or withdrawing money from their investments, which can create risk depending on the sequence and the market conditions at the time. If an investor is not doing either, the there is no sequence of...
Have you ever wondered how some families maintain their wealth over several generations? What’s their secret sauce? The answer may lie in using life insurance to establish a legacy that lasts over multiple generations. Determining if life insurance as an...
For some people, managing money may feel like walking on a tightrope, juggling endless expenses. But with accountability, you can turn managing money into a positive endeavor. Accountability in finance refers to being responsible enough to track, manage and optimize...
Debt can hinder financial confidence when you spend more than you make and borrow using credit. Other financial problems may occur, such as inadequate emergency or retirement savings. Another problem debt may create is what’s referred to as a debt trap, where an...
