Search Results for: blog finding a financial planner

Fee Based vs. Commission Based Financial Managers

When it comes to money advisors and managers, there are really two main types: fee based and commission based. While most people hate to pay someone to manage their money, the reality is… these individuals are doing a job and need a way to make a living. Which one should you chose? First, accept the fact that if you hire someone to do something, you will have to pay them. Commission based money managers can be as expensive or more than fee based. Often the main difference is how you pay them. Commission based planners and stockbrokers take their money … Continue reading →

Gearing up for Financial Risk

The most financial stable single parents I know tend to be pretty frugal people. I know in my own case, my frugality and care with my finances as a single parent have kept a roof over my family’s head and food on the table during some financially precarious times. Because we get so used to keeping a tight hold on the purse strings, it can be tough to let go a little and take some financial risks–make large purchases, invest money, diversify our finances, etc. It can take some of us some time to get used to the idea and … Continue reading →

Finding a Financial Planner

Discovering the perfect financial planner for your family’s needs takes a bit of homework. Although it can be a timely and lengthy process, ensuring that you find someone to trust is critical. Unfortunately, all it takes is one unscrupulous or misinformed individual to ruin your life savings and potential earnings. A great place to start your hunt is at the National Association of Personal Financial Advisors. There is a collection of qualified financial planners listed through them, but don’t assume they are all right for you. It is still important to take further steps to find the best financial advisor. … Continue reading →

Money in Review July 15 – July 21

Do you have some money stashed away, for that rainy, stormy day? If not, then Creating a Cash Reserve by Debbie is a must read. Divorce is a rough time, no matter how you look at it. With so much emotion, common sense often gets overlooked. If you are potentially facing a major breakup, then take the time to learn some important money lessons in Miriam’s article, Four Financial Considerations When You Are Getting Divorced. Are you literally throwing money away? If you are missing out on your employer’s retirement program you just may be. Learn more from Debbie in … Continue reading →

The Household Notebook – Explained

Having a household notebook can be a blessing. It’s an easy way to keep everything in place and find what you need when you need it. It also saves time and money, and as we all know, saving time seriously does save money in the long run. A household notebook is what you make it, however it’s an organizer for the entire family, sort of a command center for the entire family, if you will. I will explain how I put mine together and how it works for my family. You will need to customize your’s to fit yours and … Continue reading →