One of the 5 P’s of Life is “Personal Finance” – your money. While money isn’t everything, it helps you achieve the lifestyle you want to live. Every Tuesday, we tweet personal finance tips to help you achieve your financial goals. Click here to follow us on Twitter. Below are some tips we tweeted last month.

Pay your bills on time – late payments can adversely impact your credit score. 

Prevent financial infidelity by being upfront about money and sharing common goals.

Before buying a new home have a solid emergency reserve to pay for unexpected repairs and maintenance.

Early withdrawals from your retirement plan are taxed as income and may be subject to a 10% penalty. 

References for our personal finance tips are listed below – click on the title to go to the link.

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ABOUT US: Transition Planning & Guidance, LLC, (“TransitionPG®”) looks at all aspects of life using the 5 P’s of Life – personal relationships, personal finance, profession, peace of mind, and physical health. While money helps you achieve many goals, it’s not the only thing to consider when developing a financial plan. Our mission is to help you define and achieve your financial, personal, and professional goals – especially during life transitions. Through our planning services and guidance plans, you take control of your money and life.  

REFERENCES:

5 ways to get your credit score out of the dumps

How to Prevent Financial Infidelity

Money Pit

Early Withdrawals from Retirement Plans