A friend’s 25-year-old daughter recently asked me if I had heard of “loud budgeting.” I confessed unfamiliarity with the term but discovered it has been drawing a lot of attention on social media. According to CNET Money’s website, “Loud budgeting is a financial...
Cash Flow Planning
Stage your own ‘Operation Christmas Clean-up’ to prepare financially for 2024
Last week, we began decorating our home for the holidays. As we retrieved and unpacked boxes of ornaments and garland and lights, we began to explore everything else that was in storage. The project morphed into a year-end house cleaning. “Operation Christmas...
Look for Happiness, Opportunities in the Midst of Adversity
“Happy New Year!” many people exult, but maybe you aren’t feeling it. There is a lot of uncertainty surrounding us as we head into the new year: inflation, war, investment volatility, a possible recession looming, waves of viruses. Many families are confronting...
The key to financial security? It comes back to budgeting
A global economic slowdown and raging inflation have many households examining their spending choices. In good times and bad, budgeting is perhaps the most important tool to help you reach the goals in your personal financial plan. According to a 2020 Forbes Advisor...
Top Ten Summer Vacation Tips
Spring is here, and summer is just around the corner. Here are my favorite tips to help you plan a budget-friendly vacation. Know how much can you afford and set a budget. Put a little back each month into a savings account automatically. Research, research, research....
5 Tips to Prepare for Market Turbulence
Many investors are switching their concerns from the coronavirus to the stock market. If the resurgent virus forces a new economic shutdown, and if everyone is forced to stay-at-home again, will the stock market take another 30% hit? Of course, the bottom line is: “No...
Financial Planning After A Pay Raise
It’s a popular time of year for annual job performance reviews and corresponding pay raises. Along with celebrating this good news, it’s wise to think about how that increase in income can impact multiple financial decisions. Certified financial planner Suzanne Himes,...
Plan for the Best, Prepare for the Worst
With year-end fast approaching, what is on your "to-do" list? Perhaps more importantly, what should be on your to-do list for the remainder of 2019? Plan for the best, prepare for the worst. At least annually, or as life circumstances change, review your various...
How Do I Declutter My Finances? Keep, Pitch, or Consolidate?
Decluttering is certainly a popular concept these days. So why not go all "Marie Kondo" on your finances? What should you keep, pitch, or consolidate? Paul Fain, Knoxville Certified Financial Planner and President of Asset Planning Corporation, has some tips for how...
How Can I Start Saving Now for the Holiday Season?
Merry Christmas! Yes, we said Christmas - believe it or not it is time to get your finances ready for holiday madness! Paul Fain, Certified Financial Planner and President of Asset Planning Corporation, shares some money tips to prepare us for the holiday season. YOU...