prepaid-cards-img

The 411 on Prepaid Cards

According to Gail Cunningham, spokesperson for the National Foundation for Credit Counseling, we live in a credit-dominated society. “Without a checking or savings account,” she says, “it’s difficult to cash payroll, Social Security and unemployment checks; you need a credit or debit card to shop online, book a flight or rent a car; and you…

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Stressed Over Money

Tips for Dealing with Financial Stress

During these challenging economic times, it is not unusual to find yourself dealing with financial stress. It can be an exceptionally difficult time. However, you shouldn’t allow the stress to take over your life. I know!! It’s easier said than done. Watching the bills piling up while figuring out a plan of action can be…

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creating a realistic budget

4 Simple Ways for Creating a Realistic Budget

There are plenty of reasons why creating a realistic budget is important. The most common reasons are to have a plan for your money, set and achieve certain financial goals, help you get your finances under control so you can get out of debt and find the funds to pay for that new car, a much…

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The Power of Compounding

The Power of Compounding

I wish I had learned about the power of compounding a long time ago. As a kid I walked dogs in the neighborhood, earning $5 a week. If I’d started investing that weekly $5 from age nine until 65, it would have grown to $254,000, assuming an 8 percent return. Unfortunately, I didn’t catch compounding…

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financial planners

Financial Planners not just for the Wealthy

It’s not uncommon to feel overwhelmed by the sheer number of important decisions we need to make concerning retirement accounts, investments, college savings and other complicated financial issues. That’s one reason more and more people turn to professional financial advisors to help them navigate an increasingly complex economic world. And it’s not just the wealthy…

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