Maggie Germano used her knowledge of ways to build an emergency fund right away when she and her soon-to-be husband began living together. Germano, a Washington, D.C.-based financial coach for women, put her fiance’s half of the rent money directly into her savings...
As soon as you own more than a bicycle and a stamp collection, having a will is a good idea. Once you have dependents, a will is a necessity. But estate planning doesn’t need to be complicated. Knowing what to expect will put you in a stronger position and make the...
The personal financial statement is one of the most versatile financial tools at your disposal. In planning personal finance, you can use it to define and track financial goals, an essential early process in creating an individual financial plan. Here’s what a...
Individual financial planning without common sense is like driving a car without a steering wheel: You aren’t going to get very far without driving off the road. When it comes to planning personal finance, you have to think very clearly about your money because it’s...
There’s no shame in admitting you don’t know how to do something, especially when it comes to individual financial planning. You definitely don’t want to risk mismanaging your hard-earned money due to a shoddy personal financial plan. A financial planner can be your...