Like financial resources, your personal resources—your health, knowledge, skills, and time—require personal finance management. Do you eat a lot of junk food and avoid exercise? Do you get enough sleep each night? The decisions you make about your health now can have consequences as you get older. (more…)

The first thing when setting financial goals automatically should be an emergency savings plan fund designed to cover six months’ worth of living expenses. Make sure it’s enough to cover any emergencies—like a job loss, car repair, medical or dental expense, or natural disaster. This way, you won’t have to tap those high-cost credit cards crisis! Plus, if you have any investments, you won’t be forced to cash them out when they’re down in value. (more…)