Financial Planning Articles

1). 401K plans And Their Benefits By : Sandra Stammberger
What exactly are 401 k plans? A 401k plan is a type of an employer sponsored retirement plan for the employees of the organization.
Article Related to: financial planning, personal finance, 401k, 401k plans

2). Determining How Much Life Insurance You Need By : Stephen L. Nelson, CPA
When considering life insurance, you’re planning and preparing for an event most of us would rather not think about. But life insurance represents a critical step in managing your personal finances and ensuring your family’s well-being. The Two Approaches to Life Insurance You can use one of two approaches to estimate how much life insurance you should buy: the needs approach or the replacement-income approach.
Article Related to: insurance, life insurance, financial planning

3). Resolving Marital Conflict Over Money By : Charles Kassotis
Avoid money-based conflicts in your marriage by taking prudent financial planning steps and working with your spouse to meet mutual goals.
Article Related to: marital confict, marriage, budget, household, financial planning, married, couple

4). Dealing with The Stress of Debt! By : Paul Duxbury
As the New Year begins many people resolve to address the problems caused by their debts. This article provides some insights into dealing with the stress of debts.
Article Related to: credit cards, debt, stress, financial planning

5). The Magic Bullet Theory of Investing By : Chris Cooper
Sadly, too many people believe that the successful in our society got that way through luck. So their financial plan is based not on earning and investing money, but waiting for their fairy godmother to show up. Some “miracle” roads to riches: The Lottery What better way to get rich, but to play the lottery. Even though the odds are 200 million to one, somebody’s got to win – right? Why not you? The ancillary to this is gambling.
Article Related to: money and investing, financial planning, taxes, get rich quick schemes, gambling

6). Prenuptial Agreements: Protecting Your Financial Security By : Hannibal Whitestone
With the responsibility of marriage comes the forethought to the marriage. No, I’m not talking about rings and wedding receptions, I’m talking about financial security for both the parties involved. If you are one of these forward thinking people who are entering into marriage only after having secured a good career with a solid income and a secure financial portfolio, then you need to consider the other securities about marriage, as well.
Article Related to: prenuptial agreement, marriage contract, prenuptual agreement, prenup, financial planning

7). Eight Rules for Saving Money When You Buy Insurance By : Stephen L. Nelson, CPA
By following the eight rules explained here, you can save money, and just as important, you can save yourself from making serious mistakes when you shop for and acquire insurance policies. Rule 1: Buy Insurance Only for Financial Risks You Can’t Afford to Bear on Your Own The purpose of insurance is to cover catastrophes that would devastate you or your family.
Article Related to: insurance, financial planning

8). How to Avoid Dumb Investment Mistakes By : Stephen L. Nelson, CPA
Smart people sometimes make dumb mistakes when it comes to investing. Part of the reason for this, I guess, is that most people don’t have the time to learn what they need to know to make good decisions. Another reason is that oftentimes when you make a dumb mistake, somebody else—an investment salesperson, for example—makes money. Fortunately, you can save yourself lots of money and a bunch of headaches by not making bad investment decisions.
Article Related to: financial planning, ira, 401, retirement planning

9). Financial Planning - Is It Necessary? By : Ian Koch
The first aspect of financial planning should be where you are now in terms of money. Do you owe a lot, or are you bothered by the amounts that seem to go adrift from your budget? Clear these up before you begin your financial retirement planning.
Article Related to: financial planning, financial retirement planning

10). How to Save Money on Credit Cards: 8 Easy Tips By : Stephen L. Nelson, CPA
Holiday shopping overloaded your credit cards? Worried about the finance charges you’ll soon start paying? Fortunately, you can use a bunch of different tactics to save money on credit cards. Some suggestions follow: Leave Home without It If you’re like most people, you spend more money if you carry a credit card around. Some studies show that credit card holders spend 23 percent more on average even if they don’t carry a balance on the credit cards.
Article Related to: credit cards, financial planning, credit card

11). Get Rich Slowly By : Chris Cooper
Is it hard to get rich? Not really, if you’re young. Its fun to play with financial calculators and see what might happen. Assume you have just graduated from college, are about 22 years old and I just started your first real job. If you put $100 a month in an IRA that grows at 10% a year, you will have about $865,000 at age 65. 10% a year compound growth is about what you should exect if the money was invested in a no-load S&P 500 Index Fund.
Article Related to: savings and investments, financial planning, personal finance, debt management

12). WHY THE FINANCIAL NEWS MEDIA CAN COST YOU MONEY! By : Dr. Scott Brown, Ph.D.
The communication innovations we have around us today like the internet, financial newspapers, and special interest television channels focused on investing like CNBC are a high speed pipeline of nonsensical chatter. All these sources of information mean that there is no shortage of media people trying to answer our questions about the stock market and specific stocks.
Article Related to: stocks, investing, stock market, mutual funds, financial planning, e-trade, ameritrade, scottrade, make money, 401k, stock trading, merrill lynch, nyse, amex, roth ira, retirement planning, online, st

13). When IRAs, 401(k)s, and Other Tax-sheltered Investments Don’t Make Sense By : Stephen L. Nelson, CPA
Every year about this time, people start talking about and considering things like IRA contributions. Most of the time, tax-sheltered investments make great sense. The federal and state governments have designed their tax laws to encourage such savings. However, that said, there are three situations in which it may be a poor idea to use tax-sheltered.
Article Related to: iras, 401(k), 401k, financial planning, retirement savings

14). How To Legally Open An Offshore Bank Account By : Michael Poole
How to Legally Open an Offshore Bank Account while You are Away on Holiday
Article Related to: banking, credit, currency trading, financial planning, insurance, investing, leasing, mortgage, finance

15). How Much Money Should You Save for Financial Emergencies? By : Tony Mase
Copyright 2006 Tony Mase Practically every financial planning and personal finance book you'll ever read advises you to start an emergency savings fund, or rainy day fund as some call it, to meet unexpected financial emergencies, as one of the first steps you should take to build wealth. Some advise a fixed dollar amount, such as $500 or $1,000, be set aside for financial emergencies.
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16). Top 7 Ways to Minimize Your Income Taxes By : Kristine McKinley
Are you paying too much in income taxes? Are you getting all the credits and deductions you are entitled to? Here are 7 tips to help you minimize taxes and keep more in your pocket: 1. Participate in company retirement plans. Every dollar you contribute will reduce your taxable income and thus your income taxes. Similarly, enroll in your company’s flexible spending account.
Article Related to: tax planning, income taxes, saving on taxes, financial planning

17). Read This If You Can’t Possibly Save Enough for Retirement By : Stephen L. Nelson, CPA
It’s relatively easy to save for retirement when you’re still young. Five thousand dollars set aside for a new baby grows to an amount that generates over a $100,000 a year in current-day dollars if the money earns 12 percent annually and inflation runs at 3 percent. NOTE The data is a little sketchy, but small-company stocks probably deliver average returns of around 12 to 13 percent over long periods of time.
Article Related to: financial planning, ira, 401, retirement planning

18). The Road to Financial Freedom By : Chris Cooper
The road to financial freedom is a lot shorter than you may think. For those of us who did not start our lives wealthy because of our family, we only have 46 to 49 years of income producing – more if you want to work into your “retirement” years. During that time, we must complete our education or training, get a job or open a business, while meeting the many demands on what income we have left after taxes.
Article Related to: financial planning, personal finance, debt management

19). Diversify with Real Estate By : Chris Cooper
Real estate is a good way to diversify your assets and create a second stream of income.
Article Related to: real estate, real estate investing, financial planning

20). Prenuptial Agreements: Not Just For The Super Rich By : Hannibal Whitestone
If you think prenuptial agreements are only for the super-rich, think again. Are you planning on making a success out of your life? Prenuptial agreements are for everyone, even the newly engaged 20-somethings who are embarking on their first marriage.
Article Related to: prenuptial agreement, marriage contract, prenuptual agreement, prenup, financial planning

21). Tax Planning - What Filing Choices Are There? By : Richard Callaby
Taxes is a share of government from the individuals income and in return tax payer gets better community and social services, better infrastructure, security of himself and other nationals and clean environment.
Article Related to: taxes, planning, financial planning, filing choices, america

22). Adopt Proven Savings Strategies By : Richard Callaby
Saving for the future is a key part of any finanical planning program. Only key proven strategies will really work to help you reach your goals.
Article Related to: saving, future saving, saving for the future, adopt proven strategies, financial planning

23). The Devil Made Me Do It By : Chris Cooper
Unfortunately there is a growing trend in the US to blame someone else for our own mistakes or bad decisions. If you build your house on the beach and it gets blown over by a hurricane, FEMA will take care of rebuilding it. If you eat too much, some nice trial lawyer will be happy to sue McDonalds or Ben & Jerry’s for making high fat food that you decided to eat too much of.
Article Related to: debt help, debt management, financial planning

24). Take Control of Your Retirement Investing By : Damon Clifford
Copyright 2006 Damon Clifford Ah, remember the good old days? You would get up, go to work for 30 years, and then retire. The company funded your pension and you had enough in savings to cover you for the rest of your life. That was fine, because you would typically die 5 or 7 years after retirement. But that isn’t the case any more. Many people are living 20 or 30 years after their retirement, companies are no longer offering pensions, and many people are spending more money than they make.
Article Related to: ira, self directed ira llc, retirement investing, financial planning, investor

25). Planning Your Financial Future By : Jay Moncliff
We are all guilty of putting off making time to plan our financial future. It is hard, that is why, particularly finding the discipline to do it in today is consumer culture. However, you cannot underestimate the importance of financial planning. Everyone retires eventually, and there’s also retrenchment, redundancy, and accidents happen. Planning your finances now means less stress and more stability as you get older.
Article Related to: financial planning, college for financial planning, financial planning software