Financial Matters

Tips and news from the financial experts at Attentive Investment Managers.
Mar
11

Pay Yourself First

woman-saving-money

Earlier this month, we discussed dollar-cost averaging as a strategy for investing which can offer you a higher average rate of return over the long-term and a seamless means of investing each month without too much pain for your wallet. Today, we will discuss the best way that you can achieve this strategy through the concept called “Pay Yourself First”.

Continue reading
  615 Hits
0 Comments
615 Hits
  0 Comments
Aug
16

Teach Kids About Money: Recommended Books

kids-money

Kids have a unique way of blowing any parent's budget. The endless requests of "Can I get ….?" give us a clear indication as parents that children do not understand the value of money, and teaching them important values about spending and saving can be a difficult task.

Spare your budget and your patience by teaching your children the value of money early on and help them become super saving smart adults! We recommend these books to help YOU teach your children about managing money and saving.

Continue reading
  2052 Hits
0 Comments
2052 Hits
  0 Comments
Jul
05

Getting a Grip on Your Credit & Financial Health

checking-credit-score

Credit is an arbitrary idea that affects us all and has a huge impact on our overall financial life. According to the US Debt Clock, the average personal debt per citizen in the US is $56,322. Whether you have good credit or are struggling to take control of your credit, here are some tips to help you navigate this difficult concept.

Continue reading
  1095 Hits
0 Comments
1095 Hits
  0 Comments
May
30

Retirement Strategies

retired-couple

There are many ways to implement plans for your retirement. The two sides of the spectrum of possibilities are to develop a plan and stick to it no matter what, or just go with the flow and see how things play out. Outlining these two options seems almost ridiculous as they represent extreme polar opposites of one another. The reality is that the best plans are those that are well thought out but also allow for flexibility.

Continue reading
  1472 Hits
0 Comments
1472 Hits
  0 Comments
Apr
28

Your Financial Pyramid

Your Financial Pyramid
When you develop your Financial Pyramid there are numerous factors that you need to be mindful of. One of the most important is the concepts of managing your risk versus reward and diversification. With this in mind it is of critical importance that you start off with a good financial base which mitigates your risks. Insurance needs, including medical, home & car insurance (just to name a few) are imperative for protecting your assets from unforeseen loss. As an example of how this can affect your Financial Pyramid and your overall budget, we once had a client whom had drastically cut their annual budget expenditures. After further inspection, we discovered they had cancelled their medical insurance – thinking that they were young and healthy; they didn't need to be concerned with that "unneeded" expense. At that point, we advised them to immediately reinstate their insurance. They had saved up a large nest egg which they intended to invest in the stock mar...
Continue reading
  3575 Hits
0 Comments
3575 Hits
  0 Comments