The Most Overlooked Aspect of Planning for Retirement

The Most Overlooked Aspect of Planning for Retirement

As a millennial, retirement may be one of those things that’s just last on our minds. But it really shouldn’t be because well, let’s face it- we aren’t getting any younger. So when should a millennial start planning for retirement? Even if we’re at the mid-stage of our careers, it’s really never too early. And if you haven’t started planning yet, don’t panic. There’s still time. I just want to make sure that you don’t overlook anything. To start, let’s talk about 6 essential tasks for financial stability during retirement to make sure that you’ll be able to enjoy your time. The retirement years are meant to be golden. By retirement age, you’ve likely worked for 40+ years, and you can finally relax, enjoy family,…

Avoiding Common Financial Mistakes That People Make

Avoiding Common Financial Mistakes That People Make

I will be the first person to admit that sometimes when it comes to money and personal finances, I am a bit clueless. Especially in my younger years when I was just starting out and looking at all of the enticing credit card offers. However, I was also very lucky that my mom used to be a vice president at a bank and that she has a solid background in money management. If not for her, then I’m sure I would have made more than a few common financial mistakes. I’m incredibly fortunate that I do not have a large amount of debt to work off because I could have very easily fallen into that trap. But what are these common financial mistakes that people…

When to Start Saving for Retirement

When to Start Saving for Retirement

While I do enjoy being a blogger and being able to stay at home, one of the downsides is that there is no 401k or any sort of retirement plan involved. Of course, that doesn’t mean that you couldn’t start your own savings plan. And for those with a part time job where you might not have a benefits package, it’s also a smart idea to start saving for retirement. No one wants to face the prospect of working for the rest of their lives, though there are those out there who find the idea appealing. Still, it’s a good idea to know when to start saving for retirement. Retirement may seem a long way off to you, and you might not be worried about…