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Money Manager 101
September 25th, 2009
(Marcel Dupre) - There are lots of concerns about safety of assets these days. With this in mind, I thought it fitting to provide a few helpful hints.
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Tags: aig, certificates of deposit, credit default swaps, depository institution, fdic, financial institutions, helpful hints, insurance companies, insurance company, life insurance salesman, luster, meltdown, money market funds, money market mutual funds, ncua, off shore, perpetrator, red flags, sales person, stanford group
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| Posted in Money Manager 101 |
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June 23rd, 2009
(Anthony Williams) - If you mention risk in today's tumultuous market climate, most people probably think of their rapidly shrinking investment accounts. But in reality, investment risk takes many forms, and each can affect how you pursue your financial goals. The key to dealing with investment risk is to learn how to manage it - with help from your financial advisor.
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Tags: bond issuer, bond prices, conservative investments, credit risk, different kinds, financial goals, fixed income investments, glossary of financial terms, inflation risk, interest rate risk, investment accounts, investment risk, market climate, market risk, money market instruments, purchasing power, rate of inflation, rising interest rates, risk risk, term investments
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| Posted in Money Manager 101 |
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June 1st, 2009
(Eric Hutchinson) - In a world of increasingly complex financial and economic markets and changing tax laws that can impact the amount of return you receive from your investments, the fact is that most of us could, at one time or another, use some professional financial help and guidance.
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Tags: american as apple pie, brokerage firms, case in point, certified financial planner, chartered financial consultant, chartered life underwriter, economic markets, financial help, financial professional, financial professionals, independent contractors, insurance products, investment vehicles, life insurance professionals, organizing your finances, professional assistance, professional certifications, public accountant, retirement estate, Retirement Planning
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| Posted in Money Manager 101 |
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September 15th, 2008
(Money Manager) - There are many financial and personal reasons why you should own your own home rather than rent. The obvious reasons include pride of ownership, building your own equity instead of someone else’s, no more landlords, and of course the tax benefits you reap. There are a multitude of other reasons why owning your own home can make your life better.
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Tags: accomplishment, anchor, aspect of freedom, home ownership, landlord, landlords, landscaping your home, many other aspects, multitude, new homeowners, obstacles, owning a home, personal life, personal reasons, piece of mind, pride, shopping centers, strong commitment, surroundings, tastes
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| Posted in Money Manager 101, Real Estate |
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September 15th, 2008
(Money Manager) - Wealth management – what exactly does that phrase mean? How does it differ from financial planning and investing? While it may sound like just another buzzword, wealth management actually is an approach used by financial advisors to manage the wealth of their top tier clients who have more money than the average investor. There is no hard and fast rule as to the amount of financial assets a person must have to be included in the wealth management category, but when a person accumulates over $1 million in assets, he and his financial advisor should consider shifting their focus from typical financial planning to the idea of wealth management.
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Tags: asset management, buzzword, checking services, financial advisors, financial assets, financial goals, financial planning, glass steagall act, insurance companies, insurance company, insurance services, investment firm, investment firms, investment management, legal resources, management category, private banking, stocks and bonds, wealth management
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| Posted in Money Manager 101, Personal Finance, Strategies |
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September 15th, 2008
(Money Manager) - The word "bankruptcy" has a bad connotation, and for good reason. However, is it a bad thing for everyone? The answer varies depending on your situation but it is worth taking the time to read this and other articles, and possibly to discuss with an attorney.
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Tags: assets, bad shape, bankruptcy chapter 7, chapter 7 bankruptcy, connotation, creditor, debts, exempt property, good reason, hobbies, honest debtor, large portion, living expenses, luxuries, luxury cars, necessities, six years, taking the time, types of bankruptcy, vacations
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| Posted in Money Manager 101, Personal Finance |
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September 15th, 2008
(Money Manager) - Preparing a savings plan is much like planning a trip. You are at point “A” and you want to get to point “B”. Maybe you'll wish to visit points “C” and “D” also.
Before you set out, you select a route or routes that will get you there either most quickly, usually sacrificing comfort for speed, or the best way for your style of travel. A savings plan is very similar. You can devise a plan that will get you there the most quickly and usually with the greatest sacrifice, or you can prepare a savings plan that will eventually get to the same point but allow you to give up less.
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Tags: annum, credit card, earnings, financial burden, financial situation, interest rate, interest rates, long periods of time, planning a trip, sacrifice, savings account, setting goals, substantial amounts, tactic, token
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| Posted in Money Manager 101, Personal Finance |
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September 15th, 2008
(Money Manager) - The purpose of this application is to help employees to ensure that they do not have too much or too little income tax withheld from their pay. It is not a replacement for Form W-4, but most people will find it more accurate and easier to use than the worksheets that accompany Form W-4. You may use the results of this program to help you complete a new Form W-4, which you will submit to your employer.
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Tags: alternative minimum tax, child tax credit, computer program, couples, employer tips, estimate values, head of household, income tax return, jobs, pay stubs, paychecks, publication 919, self employment tax, special situations, tax refund, tax withholding
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| Posted in Money Manager 101, Taxes |
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September 15th, 2008
(Money Manager) - Identity Theft takes place when someone steals any of your personal information and uses it to perform a financial transaction or conduct an activity. It is the fastest growing crime in the country, with the estimated annual cost to businesses and individual victims exceeding 50 billion.
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Tags: cbs news, credit applications, credit repositories, cross cut paper shredder, e mail, federal trade commission, financial transaction, ftc, identity theft cases, medical insurance, medical procedures, medical records, paying taxes, prescription programs, straight cut, thieves, trash cans, vehicle registration, victim of identity theft, wallet
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| Posted in Money Manager 101, Personal Finance |
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September 15th, 2008
(Money Manager) - What is it that keeps us all from building or optimizing wealth? The answer is 'debt' and Merriam Webster defines it as "the common-law action for the recovery of money held to be due." To most of us, it means "paying bills over time."
Imagine a life with no mortgage, car payments, credit card bills, or other loan payments. What portion of your income would you need to make ends meet without those obligations? How dependant would you be on your job? How much could you invest towards retirement?
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Tags: car payments, common law, compound interest, credit card bills, credit cards, discipline, fist, gratification, impulse, loan payments, math, merriam webster, minimum payments, monthly budget, monthly expenses, mortgage, Retirement, revolving debt, tight budget, zero balance
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| Posted in Money Manager 101, Personal Finance |
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