How To Balance Enjoying Life With Saving For Your Goals In my experience, people tend to fall in one of two camps with regard to their finances. The first type lives for today, attempting to enjoy life to the fullest now while sacrificing his or her future. The second focuses on saving for the long term, sacrificing for their future, but often at the expense of enjoying life today.
Those “living for today” may not actually be enjoying life as much as they’d like, because of the nagging feeling that there isn’t enough in their savings accounts if an emergency struck, or that they aren’t even close to being on track to retire someday. According to 2013 research by Financial Finesse, financial stress continues to be a common issue among working Americans: 83% of employees reported experiencing financial stress.
Trying to plan your financial life can feel like juggling too many goals at once, and you may feel like you’re not mastering any of them. One reason for this perception is that financial planning is an ongoing process, not something you can simply check off your to-do list.
This process can sometimes seem like endless drudgery that gets you nowhere. Think about the basketball player who is practicing free throws in his front yard. Practice makes perfect, as they say, but let’s face it: There is a big difference between practicing free throws and the intensity of a game.
Is Your Broker Gouging You? How to Tell Over the years, brokers have been performing all kinds of services from cash management accounts to portfolio monitoring. With additional services, though, comes layers of fees.
Three Reasons To Buy Facebook Stock While I am personally committed to never using Facebook, I have changed my mind about its stock -- even though I don't own it. The big reason is that Facebook has demonstrated that it can set goals and achieve them.