Remove Budgeting Remove Debt Management Remove Financial Planning Remove Insurance Coverage
article thumbnail

4 Pitfalls of Not Having a Financial Plan

Carson Wealth

There are some things in life you just can’t plan for: an unexpected illness, job loss, death of spouse, disability. And while experiencing one of these major events can drastically impact your life, having an effective financial plan can help ensure that it doesn’t ruin your financial well-being.

article thumbnail

6 Financial Planning Mistakes Physicians Make

WiserAdvisor

A financial advisor can help you understand the intricacies of financial planning for physicians. Below are 6 common financial planning mistakes physicians make: Even though financially well-off, physicians tend to make several financial mistakes. Some mistakes that physicians must avoid: 1.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Financially Prepare For the Unexpected

Gen Y Planning

Growing your emergency fund won’t happen overnight, but there are a few simple ways to start saving: Budgeting : If you haven’t already, consider creating a monthly budget. Budget out your bills and recurring expenses, then set aside a certain amount for your emergency fund.

article thumbnail

The 15 Worst Financial Decisions And How To Recover From Them

Clever Girl Finance

It’s definitely a bad financial decision. What to do if you have not been saving: One way to easily save is to establish the habit of trying out different budgeting methods and working with a monthly budget. If you need to, seek support from financial professionals or mentors who can provide guidance and accountability.

article thumbnail

12 Steps To Creating A Solid Financial Plan For Yourself

Clever Girl Finance

No one cares more about your financial well-being than you, so having a personal financial plan is important. Knowing how to make a financial plan will allow you to save money, afford the things you want, and achieve long-term goals like saving for college and retirement. Table of contents What is a financial plan?

article thumbnail

Ten Steps To Creating A Solid Financial Plan For Yourself

Clever Girl Finance

No one cares about your financial well-being more than you, so it's important to have a financial plan for yourself. Knowing how to make a financial plan will allow you to save money, afford the things you really want, and achieve long-term goals like saving for college and retirement. What is a financial plan?

article thumbnail

How Much Should I Have Saved in My 30s?

Carson Wealth

Your financial planning needs get more complex than in your 20s. Managing Debt  . Like many people in their 30s, you may have accumulated a variety of debt. Establishing Appropriate Insurance Coverage  . Reinforcing Positive Financial Behaviors  .