This blog post stresses the significance of a well-rounded financial strategy. It extends beyond budgeting and encompasses aspects like savings goals, debt management, retirement planning, taxes, and even end-of-life preparations.
Depending on where you are in life’s journey, retirement may seem like a distant mirage, or it may be closing in faster than expected. You might think that deciding when to start preparing for retirement requires complicated algorithms. Yes, there may be some math involved – but the simple answer is – if you haven’t started preparing yet, the time to start is right now!
Nearly one quarter of Americans and almost half of Canadians have no emergency savings, according to a recent report. Without an emergency fund, you can imagine that an unexpected expense could send your budget into a tailspin. That’s why building an emergency fund is so important. You CAN do this!