Net worth is a topic rarely talked about by savvy shoppers. The truth is that net worth isn’t just a term used by rich people; it is an important topic that is often overlooked by the middle class. Understanding your net worth allows you to gain a better understanding of where you stand financially. Use this quick guide to learn more about the importance of
A new survey says more of us are saving for our kid’s college fund than our own retirement. Oh, snap! I’m not pointing any fingers, but the data is pretty damming…What I’m curious about is WHY people choose to save for college instead of retirement. Maybe you can help me understand this issue. Are you saving for retirement or college?
I’m terrified of my retirement. It’s not the book clubs and bridge games that terrify me – it’s whether or not we will enough money to retire and maintain our current lifestyle. Yes, we are saving here and there, but we have no idea how much it is all going to add up to. The reality is, we probably are not saving enough. (I’m pessimistic when it
At just 23 I began thinking about saving for retirement. Many people think that saving for retirement should begin once you’re too old to enjoy things “comfortable,” which really means once you won’t have to make any sacrifices. This mindset might be why the average American retires with just $129,000 at age 65! While $129,000 may seem like a lot of money, after inflation, it is nowhere