The French writer and poet Antoine Marie Jean-Baptiste Roger said, “A goal without a plan is a wish.” Aside from not knowing who that guy is, he had a point. Without a plan for achieving your goals, you will only accomplish them through pure luck if you accomplish them at all. This is an arbitrary strategy. With the tepid economy, high unemployment and increased costs for everything competing for your hard-earned dollars, not having a plan can guarantee financial failure and that sucks.
If you were as optimistic as Bastille and still riding a high from 2013’s modest economic gains, you’re likely questioning your 2014 outlook after this week.
Continuing with our rocks, pebbles and sand analogy from Monday, today we will discuss your pebbles or short-term financial goals and how they relate to your long-term goals. Just as Mariah Carey supports Nick Cannon, your short-term financial goals support your long-term financial goals.
Senator Tom Harkin of Iowa proposed a new private pension plan, called the USA Retirement Fund, in which businesses would be required to automatically enroll their employees unless the business already had an established company retirement plan. Employers would only have to manage payroll deductions, but could contribute up to $5,000 for each employee annually.
It is still only January and we think most everyone, at this point, wants to escape the cold and snow for someplace warm and tropical. When you were stranded in traffic Tuesday night or scraping ice off your car windows this morning weren’t you wishing you could click your heels and ride that rainbow to a sunny beach and refreshing drink? We were. The epic flu season and perpetual school cancellations are not helping, either. Calgon, take us away!
In last night’s State of the Union Address, President Obama announced his MyRA account that will allow workers who aren’t offered an employer-sponsored retirement plan to invest up to $15,000 in government bonds for a “decent return with low risk”. Once the account reaches $15,000, it will need to be rolled over into a private-sector
We agree with Kiplinger that these are 10 surprising things to buy in bulk. Even though these suggestions save money, some are money conscious savings for the more-well-off. Some are a bit morbid, but necessary. Anyone at any stage of their life and in any income bracket can save and reap the benefits of living
Here are six destination vacations that, along with the six travel tips, are reasonably priced. The two lines of thought must be taken together, as transportation expenses to all of these destinations would break the bank. This is great information for anyone looking to get out of the country. Of course, applying these same travel tips
The dreaded cell phone bill. It’s become one of the family’s major expenses, with some families paying well over $300 a month. The Debt Free Guys are not immune to this either. Unfortunately we are tied to our phones for more than just our personal life. We rely heavily on the cell phone and it’s
Saving money as a teen will set you up for success. This article suggests that Millennials or 20-somethings should start saving as soon as possible. We agree and take it further to suggest teenagers and younger should start saving as soon as possible. Start saving with your allowance or first job, even if you’re washing