With this article, we give you an immediate promotion—regardless of whether your employer or anyone else recognizes how valuable you are. We hereby promote you to the coveted position of chief executive officer (CEO) of your financial life. Don’t worry—this transition is painless. Your first task is to determine your bottom line or net worth. (more…)

You have just completed the necessary step to examine and diagnose your financial planning process. You are now ready for the next step. The concepts and principles of investing discussed in this section may be considered a prescription to aid in the improvement of your financial health. (more…)

Money market funds have it all over bank savings accounts and interest-bearing checking accounts when it comes to being a good place to stash your savings. Money market funds are, in fact, a type of mutual fund, the difference being that the price per “share” sticks at $1 and never changes. That, from a purely technical standpoint, makes money markets riskier than checking and savings accounts. (more…)

Banking institutions make it easy for people store and access their money. For millions of Americans financial institutions ensure that their money is safe and that whenever and where they may need it, they can access their accounts and draw out money for whatever purpose they see fit. (more…)

The management of your finances should be simple and to the point. If done properly, your money will be easy to manage. It shouldn’t be something you struggle with. It shouldn’t take hours of your time.

It may take a little work in the beginning, but once you have a plan in place, your finances will take you less time and less stress. (more…)