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.
You may be able to claim your ex-spouse’s Social Security benefits if you were married for 10+ years, currently single, 62+ years old, and divorced for over 2 years.
This summer, introduce money management to your soon-to-be college student by developing a spending plan for when they are away at college.
Consider a SEP IRA or individual 401(k) if you need to step up retirement savings and don’t have the benefit of an employer sponsored plan (i.e., you’re a freelancer, work part-time, or own a small business).
Conversations about finances should happen ongoing in a relationship, especially before marriage.
References for our personal finance tips are listed below – click on the title for 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.
Social Security Rules to Know If You’re Divorced
Money Talk With Your Soon-to-Be College Student
How to Save for Retirement When You Don’t Have a 401(k)
My Partner’s Wasteful Purchases