By Euna Kim, SaveUp Marketing & Content Coordinator
Now that we’re halfway through the year, it’s a great time to do a quick financial checkup! Taking some time to review your financial progress from the first half of the year can help you organize and prepare for the remaining months.
August 6, 2013
By Tania Pellew Brown, CFP®
Relationship Manager and Financial Planning Specialist at Morgan Stanley Wealth Management
I've had the pleasure of helping people navigate through their transitions in life for more than 16 years. My passion for what I do started at my job in HR. I watched people come in everyday who wanted to retire, but could not, due to how they managed their personal finances. Debt was almost always at the center of the problem. This inspired me to become an advisor to help educate people about their finances. As I got older, I took on debt like everyone else, but convinced myself that our family’s income made the debt more than manageable.
Then the bottom fell out. The recession came, both of our incomes dropped dramatically. We were blessed in the mist of this with a new baby. I realized from this experience that the greatest lesson I could possible teach others came through my own experience. I learned to re-define debt:
August 1, 2013
By Katie Bryan, America Saves Director
The latest resource packet on Credit Card Debt is now available to help you, your family and your friends better understand the importance of savings, and the profound effect that credit card debt has on consumers. The packet includes a sample article, social media content for the next five weeks, as well as tools and resources for you to share with your Facebook friends, Twitter followers and everyone else you know.
by Lila Quintiliani, AFC, Military Saves Assistant Coordinator
There are some drops in income that can be predicted (kids going off to college, retirement) and then there are others that just blindside us (loss of a job, furlough). The important part is to keep a level head and keep as much control over personal finances as is possible in the situation.
By Vanessa Bright, Author
Financial Futures Now
The first step in taking control of your finances is to get your financial records in order. When was the last time you cleaned up your financial records? Do you have a pile of bills and statements lying around unopened? Being disorganized about your financial records makes it harder to give yourself the financial checkups that you need on a regular basis. When you are not getting the financial checkups that you need, you put your financial well-being at risk.