How to Change Your Money Paradigm
What is a paradigm? A paradigm, in a general sense is the way we see the world – not in terms of our visual sight, but in terms of perceiving, understanding and interpreting. If we want to make relatively minor changes in our lives, we can, perhaps, appropriately focus on our attitudes and behaviors. But, if we want to make significant change, we need to work on our basic paradigms.Spending, Saving and Investing: Staying Focused in the New Year
We’ve managed to avoid the latest scary financial threat – the fiscal cliff. Largely out of our control, the outcome could have pushed the economy back into recession. Uncertainty over such events can keep us from making important decisions about our own long-term financial goals, such as preparing for retirement. Planning for our future can seem abstract at best. Yet at some point, we will all stop working. We need to set aside the distractions and rely instead upon some solid ideas to keep us pointed in a positive direction. Three key areas to focus on are how we spend, save and invest.How Much Money Is Enough For Retirement?
When saving for retirement, deciding how much one should put away in a pension every month is not easy. Here are a few pointers to help you ensure you have enough money for a comfortable standard of living when your working days come to an end.The Key to Financial Success (Brief)
1. Have a major long term goal. Think about the whole picture, how long you expect to live, what you need for a healthy retirement, what you need for insurances, what kind of lifestyle you want to live, what you want to pass on to family, try to factor in some unforeseen events, etc.New Year’s Resolutions to Last a Lifetime – Open an IRA Today
Each New Year, many of us pause to reflect on our lives, deciding to make positive changes which will impact our future. Common New Year’s resolutions are to eat healthier, quit smoking, or lose weight. Another idea that would similarly work to improve the quality of life for yourself and those you love is to invest in a retirement program.