Lottery winners have a well-known history of losing all of their winnings quickly. As a wealth advisor & financial planner, here is how I would recommend breaking it all down in order to protect your money, and have your money work for you.
If they've been targeted by scammers, report it to the FTC, their state attorney general and state consumer protection office.
DON'T pay an annual fee. If you do insist on travel rewards, Otter advises choosing travel points rather than miles. "Generally
As "Pomp and Circumstance" plays on graduation day, you'll probably reflect on how much you learned in the classroom and the successful career college has prepared you for. But chances are your school didn't include real-world financial tips for new grads as part of its curriculum.
We get so busy trying to make money, save it, spend it wisely - that we lose sight of the reason behind all of it! How long has it been, if ever, that you asked your heart to chime in regarding money matters?
We're nearly halfway through 2015, which means it's time to stop putting off your plans to improve your finances this year. But it's one thing to know you want to fix your financial situation, and another to take action. Where should you start? Here's a suggestion: Dave Ramsey.
If you have graduated college or university with student loans, the best gift you can give your student loan cosigner is to let them off the hook.
If you listen to me, this will be your year. You won't make unattainable lists. You won't try to be something you're not, or interfere in the lives of others. You'll just live your life, in kindness and peace.
These days, having $1 million to your name is nowhere near as impressive as it used to be. And yet, putting away $1 million in a savings account is a major goal that requires a solid plan of attack to reach.
Student loans can be a minefield. Many graduates put off refinancing their student loans simply because they don't understand the process.