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.

When you support many charitable causes you minimize your impact – focus on the charities that truly mean something to you.

If you’re 62 or older and planning to downsize, explore “HECM for Purchase” financing option – it’ll help you afford the home you need in retirement.

Develop a team of professionals – attorney, financial advisor, tax advisor – when going through a divorce.

Simplify planning for retirement by segmenting it into three stages based on your mobility and health – the go-go years, the slow-go years, and the no-go years. 

Explore job opportunities with companies that help employees reduce student loan debt – it may not be your ideal job but it will help strengthen your finances. 

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

Yes – I want more tips about money + life   

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:

Avoid These 7 Charitable Giving Mistakes

HECM for Purchase A Homebuilder’s Toolkit

Managing Through Divorce (podcast)

How Not To Be Overwhelmed When Planning for Retirement Income

As crushing student debt keeps young people from saving, employers are stepping up to ease the squeeze