Posts about budget

Have You Budgeted for Retirement

Creating a strategy for success.  Provided by Marc Aarons at Money Managers, Inc.   Run the numbers. There is a rule of thumb for retirees suggesting that retirement income has a target of 70-80% of the household’s end salary, though this can certainly vary. So, years before leaving work, sit down (perhaps with the financial professional […]

Bad Money Habits to Break

Behaviors worth changing. Provided by Marc Aarons at Money Managers, Inc.   Do bad money habits constrain your financial progress? Many people fall into the same financial behavior patterns, year after year. If you sometimes succumb to these financial tendencies, now is as good a time as any to alter your behavior. #1: Lending money to […]

Your Emergency Fund: How Much is Enough?

An emergency fund may help alleviate the stress associated with a financial crisis.  Provided by Marc Aarons at Money Managers, Inc  Have you ever had one of those months? The water heater stops heating, the dishwasher stops washing, and your family ends up on a first-name basis with the nurse at urgent care. Then, as […]

WEEKLY ECONOMIC UPDATE

Marc Aarons Presents:  WEEKLY QUOTE “You think adventure is dangerous, try routine. It’s lethal.”    – Paul Coelho  WEEKLY TIP Anyone who wants to avoid or lower probate costs and simplify distribution of their assets after their death would be wise to consider a revocable living trust. These trusts can be modified during the grantor’s lifetime.   WEEKLY RIDDLE I […]