Small Business owners invest a great deal of time, energy and money into their business, and it can easily be the largest portion of their investment portfolio. All too commonly, business owners direct the lion’s share of their effort toward day-to-day activities of the business and fail to capitalize on the value that they have worked so hard to create in preparation of retirement. However, with a well-thought-out succession plan business owners have an increased level of control over their own future as well as the future of their business.
Keeping secrets and lying to your partner about your spending habits can make any relationship go very wrong. It's officially called financial infidelity, and if gone unchecked can quickly spiral out of control. Learn the signs of financial infidelity and ways to overcome it.
Smart Family Finances to Improve Your Money Decision-Making
Editor’s Note: This is the first part of a series of blogs that talk
about Smart Family Finances and ways to improve decision-making
regarding your money.
An invaluable financial habit for all stages of life is regularly
setting time aside to contemplate a future, measure and assess one's
current situation, and consider plans to accomplish goals. Let's call
this a habit of assessment. Without this deliberate habit, tomorrow is more likely to become yesterday with little being accomplished.
Vintage cars are among the types of illiquid assets that can add considerable value to your portfolio. It's important to discuss these assets and other types of collectibles you may own with your financial advisor.
Selecting beneficiaries and creating an estate plan can help you fulfill your wishes and potentially guide your heirs from the grave. Check out these tips.
We feel compelled to take action when faced with a stressful situation affecting our finances. Here are some Smart Actions to improve long-term success.
