Posts Tagged ‘Personal Finance’

At the beginning of each year I take a look at the previous year-end financial statements and review my portfolio. I use a spreadsheet that tracks the performance of my savings and investments and this assists me in deciding whether to make changes in the coming year.

Apply these steps in your own life over the next few months and you’ll be well on your way to a complete financial makeover.

If you think you could have made better investment decisions, it may be time to get some personal financial advice.

One of the benefits of setting up a monthly budget as well as forecasting income and expenses is that at the end of the year I can review each of the areas where we spent our money and make improvements for the future.

Somewhere in between the holiday shopping, decorating, baking, kid’s school pageants, and parties you should take a moment to think about any financial issues that could be taken care of before the end of December.

It has always puzzled me why seemingly intelligent people can fall for scams and lies from people they have never met or even spoken to.

After tracking my monthly spending with a budget for over a year, I decided that I needed to look further ahead and so I created a spreadsheet to forecast income and expenses over an entire year.

Someone has to buy the new cars so that others can buy them used when they’re sold. However, you won’t be buying my car as I plan to keep it until it dies a natural death – 15 or more years from now.

I recently purchased a brand new 2011 vehicle. I know what you’re going to say: I wasted my money, that I lost at least $3000 the minute I drove it off the lot…

They say it’s better late than never, but thinking over the things I’ve done (or not done) in my adult life, there are some lessons I wished I had learned sooner.