by munnmorris | Feb 22, 2022 | Financial Planning
Despite the coronavirus pandemic’s impact in 2020, most retirement plan participants did not make trades, loan use fell, and only a small minority took withdrawals. Loan use declined by more than 20% in 2020. Only 13% of participants had an outstanding loan in 2020,...
by munnmorris | Feb 1, 2022 | Budgeting
Almost no one enjoys the process of analyzing and budgeting expenditures, but inefficient and wasted expenditures can be major impediments to accomplishing your financial goals. It is difficult to manage your money if you don’t know how much you have or where it is...
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 22, 2022 | Budgeting, College Planning, Financial Planning
Many students will first handle money without parental supervision during college. To help keep expenses down and avoid conflicts, you might want to develop a budget to guide your child’s spending. As you go through the process, consider the following: Develop a...
