financial goals

19 Tips to Get Financially Fit in 2019

For 2019, why not try something different by replacing that all-too-familiar promise to trim the waistline with a commitment to get your bottom line in shape.

Do you remember when you were young and would just close your eyes really tight so you could ignore something bad until it went away? That approach doesn't work as a grown-up. Open your eyes and let 2019 be the year you sit down with a financial professional to get a detailed overview of your entire financial situation and what can be done to improve it.

Here are 19 ideas for a financially fit 2019.

Don't bother wondering why your friends seem to have nicer homes, cars, and vacations — there's only one measurement that matters

Basing your spending off how your friends spend their money is a huge mistake to make.  Large spenders may also be building crippling debt.  

You won't find a real answer to how you're doing in a Federal Reserve survey or a social media feed.  You will find it by measuring yourself against rules of thumb, refined over decades and endorsed by financial pros  that point the way toward true financial health. 

Start with these:

How much money you need to save each day to become a millionaire by age 65

Becoming rich is nothing more than a matter of committing and sticking to a systematic savings and investment plan.

If you want to get rich, start investing- and start as early as you possibly can.  

To illustrate the simplicity of building wealth over time, Bach created a chart detailing how much money you need to set aside each day, month, or year in order to have $1 million saved by the time you're 65.   

Next time you consider running to Starbucks for a $4 latte, think about this chart and consider redirecting that coffee cash to your savings.  Check it out. 

Here’s How Tax Rates and Brackets Will Change in 2016

The IRS just announced its inflation adjustments for next tax year.  The tax rules are changing in 2016.  

Click below to learn how the tax rates and brackets will change.  

When Will I Be Retirement Ready?

How do we know when we have enough for retirement?  Given it’s National Save for Retirement Week, there’s no better time than now to take the mystery out of saving for retirement.    

The objective is that when you arrive at the golden years and find that they are truly golden-  It's called FINANCIAL FREEDOM.                                                                              

And it's easier to get there with a little planning-  even in your 20s- Because it's closer than you think!


Click the link below to learn when you will be "Retirement Ready."

Is It Time To Make Changes to Your Investment Portfolio?

The stock market has taken us for an emotional ride during the past couple of months, and you may be asking yourself if you should make changes to your investment portfolio.  While changing strategies can be a good idea, it’s better to base those decisions on analysis and in the context of your long-term investment plan rather than on emotion.  Before changing your investments, consider whether or not your response is an overreaction to the news. It is always good to review your portfolio on a quarterly or annual basis to make sure you are on track to reach your goals.  

Click the link below for the questions you should ask yourself when thinking about making changes to your investments.  

How Cars Affect Your Financial Freedom

It’s not that I don’t want a really fancy car, it is just that there is something I want a bit more: financial freedom.  Car payments are many times the #1 obstacle that causes the average family not to achieve financial stability. Spend some time thinking about your current car situation.  Are your car purchases making your bank richer or you? 

Below is a great read about "How Your Car Affects Your Financial Freedom."

The Boring Secret to Getting Rich

Many people dream of becoming rich but don't have any idea how to make it happen. There's no magic formula, but there are many steps you can take to gain an advantage.  The secret to getting rich is simply doing what most people can't.

Click below to learn Money Magazine's boring secret to getting rich.  

How to keep this crazy stock market from driving you nuts!

How do I stop the market from making me crazy?

The current market is a reminder that days sometimes feel long, while years pass quickly. Don’t confuse that feeling and make long-term moves based on what’s happening on any given day. That’s how years pass and you wind up short of your goals, when the odds were in your favor that staying the course would have paid off.

Read more by clicking on link below. 

10 Ways To Prevent Money From Ruining Your Marriage

Arguments about money are by far the top predictor of divorce. It's no secret that fighting about money puts a huge strain on a relationship. Money issues are so troublesome that people who say they're experiencing stress in their relationship cite "finances" as the number one reason.   

This may seem like a grim prognosis for married couples, but it doesn't have to be.  There are various steps that experts say couples can take to avoid letting money matters get the best of their marriage.  

So whether you're about to say "I do" or money problems have you thinking maybe "I don't anymore" the following tips can help prevent money from destroying  your relationship.  

Click on the link below. 

In Your 20s? 30s? 40s? 50s? 60s? The Best Financial Goals for Every Age

We've devised a little roadmap of goals that everyone can follow to make sure they are meeting the right financial goals for their age.  Of course, you can accomplish any of these goals sooner, but this is a good general map of where you should be at any given age: