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.
Offset how much you spend for your children’s sports activities by buying used equipment.
Before you continue supporting your adult kids, ask yourself if you are encouraging bad money habits.
Re-evaluate why you are shortchanging saving for retirement – is it really worth sacrificing your future?
If you need cash, sell your stuff using eBay, Craigslist, or even the app letgo.
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:
How to avoid going broke on your kids’ athletics
Parents: Fund Retirement Before You Help Others
Deciding Whether or Not to Cut the Cord
No Savings, No Backup Plan, No Fairy Godmother: How to Handle a Financial Disaster