We all know that the first step to tackle your debt is to find out how much money you owe. So if you haven’t created an inventory of your debt, start with that. How much credit card debt do you have? According to Credit Cards.com, the credit card debt per card-carrying adult is $5,839. SPOILER ALERT…. the …
I can’t wait to inventory my debt… said no one ever! But to understand our retirement readiness, we must have the entire picture. That includes an inventory of our debt. Ugh! In this step, we’ll take a look at short term and long term debt. Short term debt is usually paid off within a year …
Here are a few FREE tools to help you get ready for retirement. Retirement Asset Tracker – Use this PDF to track your retirement accounts, liquid assets and non-liquid assets. Retirement Net Worth Tracker – Use this excel spreadsheet for tracking your net worth. It includes your assets, debts and calculates your net worth! I …
Before you ring in the new year, make sure you’re financially ready. Do these 4 quick financial readiness tips before December 31! It’s so easy to get wrapped up in the holidays, but don’t forget to get your finances in order. Start off the year on the right financial foot! Quick Financial Readiness Tips 1. …
Don’t forget to make the holidays special for your elderly loved ones too. There are many ways to include seniors during the holidays!
Are you looking for that unique gift to give your grandchild, niece, nephew or other child in your life? What unique gift do you get for the child who has everything?
Chattanooga would make my retirement possibility list! Great downtown area, I mean really amazing! The river is gorgeous and there are 13 miles of walkways to run, walk or bike along the river.
Now let’s pull your retirement assets together. We’ll combine step 1, our employer asset accounts and step 2, our liquid retirement assets to total our investments and assets. Next, we will add in step 3, our non-liquid assets. This creates the asset (or what we own) side of our retirement balance sheet. Let’s get started. …
Moving on to Step 3 means creating an inventory of your non-liquid assets. These are items that would take a while to turn into cash. Think of your home or your car. It could take anywhere from a few days to months to sell and get the cash. Home Sweet Home Is your current home …
Our asset tracking journey began by gathering information on employer asset accounts. Now, let’s move on to creating an inventory of our liquid assets. This includes cash, checking accounts and savings accounts. Liquid assets are those that can easily be converted to cash. Investments like stocks, bonds and mutual funds are also considered liquid assets …
