Mike Tyson famously said, “Everybody’s got a plan until they get punched in the face.” So why plan when things are going to change anyway? Here’s our answer.We don’t know what tomorrow’s going to hold, but it’s helpful to explore what you have to work with and what...

Once you’ve reached your financial goals—or when you’re tracking really, really well on the way to reaching them—what the next finish line for you? Let’s take a look at income- and asset-based finish lines and what you can do beyond them.One book I’ve really enjoyed...

What are investment objectives and why do they matter? Investment objectives range from being very conservative to very aggressive, and it’s a good idea to have one investment objective for some of your money and different investment objective for the rest. In...

If you’ve ever said, “Don’t spend any more money until I get paid on Friday,” then you’ve been living to paycheck like 78% of Americans. Being broke is normal, but it doesn’t have to be. If you’re sick and tired of living that way, here are 5 steps to help you stop...

Are you the first generation in your family that has had wealth, and are you trying to teach your children the value of money?I grew up in a home where we didn’t have very much money. My dad was a schoolteacher and my mom stayed at home. My dad also worked extra jobs...

Navigating financial lingo can be tricky if you’re new to the world of investing and personal finance. Keep reading for explanations of the top eight financial terms we think you need to know.Net WorthNet worth is when you take all your personal assets, investments,...

Navigating financial lingo can be tricky if you’re new to the world of investing and personal finance. Keep reading for explanations of the top eight financial terms we think you need to know.Net WorthNet worth is when you take all your personal assets, investments,...

What is portfolio diversification, and why is it important? Here’s what you need to know.When you have multiple investment types within a portfolio, they’re not going to go up and down at exactly the same rate or the same time. Your stock holdings will go up and down...

There’s a rule of thumb out there that if you’re approaching retirement or already in retirement, you need to be a lot more conservative with investing than someone who’s much younger. Well, that may or may not be true. It all comes down to how much income your...