POSTS TAGGED : personal finance

How to Make Better Choices With Your Money

Money habits

photo credit: Cottonbro Studio / Pexels

Key Takeaways

  • Money decisions are emotional first – building awareness of triggers like stress or boredom helps you spend more intentionally.
  • Short-term convenience often undermines long-term goals; adding “friction” (like 24-hour rules or caps) improves decision-making.
  • Effective money systems should match your real habits – not idealized ones – using automation and engagement together.
  • Comparison skews clarity; aligning spending and saving with personal values creates lasting financial progress.
  • Progress is gradual and built on small, repeated improvements, not dramatic overnight transformations.
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Michael Wolfe on Building Long-Term Financial Security – Key Retirement Strategies

A trusted advisor and martial arts trainer in Greenville, SC, Michael Wolfe brings decades of experience in financial services and community leadership. Since 2013, he has worked at Edward Jones, where he specializes in guiding individuals and nonprofits through comprehensive estate and legacy strategies. His expertise is backed by a strong academic background, including a PhD in history of religion from the University of Virginia and business leadership training from Duke University.

Retirement planning

In addition to his financial advisory role, Michael is a fourth-degree black belt and offers martial arts instruction to adults and children in Greenville. His holistic approach to discipline, planning, and personal growth positions him as a respected voice in financial planning and retirement strategy.…

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Reasons Why You Should Purchase Life Insurance

Unbelievably, just 10% of Americans have life insurance, despite the fact that purchasing life insurance is one of the most significant financial decisions. However, why is it so crucial? Well, nobody can predict the future, no matter how much money you make. Every year, many people pass away too soon from illness or accidents. If you are the family’s only provider, your death could have a catastrophic effect on your loved ones’ capacity to pay debts, cover living expenses, and maintain their standard of living.

Life insurance plan

Therefore, purchasing a life insurance policy is the least you can do to ensure the financial stability of your family.…

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20 Ways CEOs can Invest their Money Wisely

CEOs often find themselves in a unique position of financial strength due to their high salaries and bonuses. However, determining the best ways to invest their money can be challenging.

CEO investing their money

In this article, we will explore ten smart investment opportunities tailored to CEOs’ financial goals and risk tolerance. These strategies can help CEOs grow their wealth while diversifying their portfolios for long-term financial security.

1. Stock Market Investments

One of the most common ways CEOs can invest their money is by participating in the stock market. Diversifying their portfolio with a mix of individual stocks, exchange-traded funds (ETFs), and mutual funds can help them take advantage of potential market growth while managing risk.…

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Maximize Your Money: Wealth Advisor Clinton Orr Reviews the Benefits of Investing and Saving

Managing your finances prudently is key to achieving long-term financial security and building wealth over time. Often one of the most critical decisions to make is whether to save or invest. Each strategy has its own range of benefits. Understanding the differences is the first step in making informed decisions about your personal finances.

Investing your money

Clinton Orr is Senior Wealth Advisor and Senior Portfolio Manager at Becker Orr Wealth Management, part of Canaccord Genuity Wealth Management. From his office in Winnipeg, Manitoba, he helps lift clients to financial success, with guidance on financial planning, investing and asset management.

According to the Canadian wealth advisor, whether to save or invest is a common question, one he hears often.…

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The Benefits of Index Annuities for Retirement Planning

Planning for retirement is crucial for securing your financial future. One option is investing in index annuities. Index annuities are insurance products that offer a unique blend of growth potential and protection for your retirement savings. This article explores the benefits of index annuities and their role in helping you lead a comfortable retirement.

Retirement planning

Guaranteed Income for Life

A significant advantage of indexed annuities is receiving a guaranteed lifetime income. After you retire, you receive regular payments for your lifetime. It provides peace of mind since you will receive a steady income to cover your living expenses in retirement.

Protection of Principal

Index annuities also offer protection for your principal investment.…

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Money Metals Review: Pros And Cons and What To Look Out For

You should prioritize your search while choosing a gold individual retirement account because it might be a challenging investment. Investors are advised to work with experienced gold firms who can help them navigate the procedure.

Money metal

That’s particularly advantageous with the many stipulations attached to these investments by the IRS. Each firm is professionally ranked when looking for reputable companies with years in the industry. Please check Money Metals Review as an example.

In the write-up, an investor can weigh the pros and cons associated with the company they’re considering. The reviewer will also offer insight into whether the firm is legitimate or possibly a scam.…

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6 Things to Consider Before Applying for a Payday Loan

Payday loans can be an attractive option for those facing financial difficulties and needing quick cash. However, they can also come with high-interest rates, hidden fees, and a cycle of debt that can be difficult to break.

Payday loan application

photo credit: Unsplash

Before applying for a payday loan, it’s essential to consider several factors to ensure you make an informed decision. By taking the time to understand the risks and benefits associated with payday loans, you can make a responsible decision that will help you achieve your financial goals without putting yourself in a precarious situation.

Even if you’re facing unexpected expenses or struggling to make ends meet, these considerations will help you confidently navigate the payday loan process.…

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Dos and Don’ts of Part-Time Freelancing

Freelancing can be a great way to supplement your income while you continue to work full-time. However, there are a few things you should do and avoid if you’re looking to freelance full-time.

Generate income from part-time freelancing

In this post, we’ll examine the benefits of part-time freelancing, the dos and don’ts of working as a freelancer, how to balance freelancing with other responsibilities, and tips for staying organized and stress-free. With this information at your disposal, you’ll be able to increase your profitability and grow your clientele as a part-time freelancer.

The Benefits of Part-Time Freelancing

Part time freelancing can be a great way to get your foot in the door and start your own career.…

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6 Less Known Factors That Could Be Affecting Your Household Budget

Are you struggling to make ends meet? If so, you’re not alone. In fact, many Americans live paycheck to paycheck, unable to save money or get ahead financially. Several factors can contribute to this situation, some of which may surprise you.

Family budgeting

Here are six less-known factors that could be affecting your household budget:

The type of home you live in

When managing your household budget, you should consider the type of home that is your habitat. The location, size, and layout of a house can all drastically affect how much you spend on utilities, insurance, repairs, and even taxes.

Whether living in an apartment in the city or a sprawling suburban house, understanding how much you spend on it every month can help you budget accordingly and ensure your finances are in order.…

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