Category Personal Finance

Plan for success, plan for your future. Personal finance made simple

DIY Financial Planning: Can You Do It Yourself?

DIY Financial Planning

The financial advice industry has grown rapidly over the years, with various players such as robo-advisors, banks, brokerages, independent financial advisors, and financial planners offering their services to manage people’s money. However, the question remains, do you really need a…

What Is Retirement Planning? Steps, Stages, and More

Retirement Planning

What Is Retirement Planning? Retirement planning involves setting retirement income objectives and the resources required to meet those goals. Retirement planning entails identifying income sources, estimating expenses, putting a savings strategy in place, and managing assets and risks. Future cash…

How To Avoid Lifestyle Inflation

lifestyle inflation

As people’s financial situation improves, they often choose to spend more money. For instance, imagine a recent college graduate who, after landing a new job, is paying $1,100 per month for a comfortable apartment. After a few years of career…