In my years of working in an auditing firm, I’ve encountered people who were so good at making money. Their methods varied, but they had one thing in common: They had clear goals and worked hard at reaching them within a set period. What they were doing was financial goal setting. It is a practice I recommend to my family, …
As a child, I had a vague notion that to be wealthy, I should become an investor. I’d hear this word, along with others like stocks, bonds, and funds, in television, movies, and overheard conversations between adults. I knew early on that investments are important for financial security. What I didn’t know was when, where, and how to start. Among …
Every year, we promise to become smarter spenders and better savers for the months to come. Most of us do a good job in budgeting and holding back on leisure expenses in January, with many of us telling ourselves “I want to save money!” and holding off on major purchases for the month. After that initial burst of optimism, however, …