by munnmorris | Feb 26, 2022 | Financial Journeys, Financial Planning
It’s not uncommon to accumulate things over the years when you don’t take time to straighten them out periodically. This applies to our finances as well as our possessions. If you feel it’s time to straighten out your finances, consider these steps: -Make a...
by munnmorris | Feb 7, 2022 | Budgeting, economy, Financial Planning, Retirement
When it comes to saving for retirement, many people take a set-it-and forget-it approach. But not paying attention to your 401(k) and IRA accounts could cause you to miss valuable savings opportunities. Avoid these seven mistakes: Not contributing enough to get your...
by munnmorris | Jan 27, 2022 | Budgeting, economy, Financial Journeys, Financial Planning
While investors want the highest returns possible, returns compensate you for the risks you take — higher risks are generally rewarded with higher returns. Thus, you need to assess how much risk you are willing to take to obtain potentially higher returns. However,...
by munnmorris | Jan 10, 2022 | College Planning
To meet your goal for funding a child’s college education, you typically need to develop an investment plan. One of the more important factors is your child’s age: Children aged 10 or younger — With eight or more years until college, you should be able to fund your...