Blogs
Naming Your Beneficiary- Avoid these costly mistakes!
Submitted by GMF on Fri, 05/29/2009 - 06:04 When it comes time to name the beneficiary for your life insurance and retirement accounts, there are a few factors that should definitely be considered. If these forms are not filled out correctly, your wishes may not be carried out, or your heirs may be left with a significant and avoidable tax consequence. Here are a few tips on how to choose your beneficiary.
Marriage and Finance
Submitted by GMF on Mon, 05/18/2009 - 10:23Making the decision to spend your life with one person is an extremely exciting time. With thoughts of flowers, dresses, family and honeymoons, who wants to think about finance? Well, before you say your I-do’s and head off on an exotic vacation, there are a few things you may want to think about.
Financial Freedom After Divorce
Submitted by GMF on Fri, 05/15/2009 - 08:23It is no secret that going through a divorce can be an emotionally trying experience. Everyday, your patience and understanding is pushed to the breaking point. But when the ink is dry, and you’re finally on your own and ready to heal, the most important step you should take is managing your finances.
Steps to Take Before Buying a Home
Submitted by GMF on Tue, 05/12/2009 - 09:40With housing prices and mortgage rates at a multi-year low, it is very tempting to purchase a home this year. While the temptation is there, there are a few steps you should take prior to making this big decision.
Pay Off Those High Interest Credit Cards!
Submitted by GMF on Tue, 05/12/2009 - 09:37It is not difficult to rack up credit card debt. Maybe you had some car trouble that was more than you could afford. Perhaps you are self employed and had a tough month. Or even more likely, there were some items you wanted that you couldn't afford. (Don't worry, we have all done it) So why is it so easy to build debt, but seems almost impossible to pay off? While I cant help you pay off your credit cards, I can give you a few tips on how to pay them off more quickly.
Allocating Your 401k plan
Submitted by GMF on Tue, 05/12/2009 - 09:30When it comes time to sign up for your company sponsored retirement plan, usually a 401k, it can be extremely confusing trying to translate the enrollment packet. You are being asked a million questions in the foreign language of finance that may as well be Chinese! So how do you determine how much you should be contributing? How do you determine which investments are right for you?
