Every Tuesday, we tweet personal finance tips to help you achieve your financial goals. Click here to follow us on Twitter.
Below are tips we tweeted last month. Click on each tip for more information and to view the source.
Instead of downsizing to a lower cost home in retirement, consider sharing your space with a senior renter.
Discuss with your tax advisor if there are advantages to using the tax filing status of “Married Filing Separately” vs “Married Filing Jointly” – there may be advantages if you are in the process of being divorced or if your spouse has significant debt.
If your employer offers a match to retirement savings contributions, make sure you are meeting requirements to receive that free money.
Share with your spouse your knowledge of the financial management of household expenses – don’t leave them in the dark.
Contact your credit card issuer to negotiate a lower interest rate AND make a plan to pay off your outstanding balance.
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.
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.