Planning Your Financial Future

Millions of people give a lot of thought to financial planning but get frustrated and give up before ever making any progress. Making yourself aware of the most common reasons people fail to make a viable financial plan is the first step in reaching your financial goals. The uncertainty of the stock market, social security, and the declining world wide economy have made appropriate financial planning a must for every individual and family. Here are some tips that can make planning for your financial future a more successful experience:

A positive attitude is the most important factor in reaching your financial goals. If you continually have negative thoughts about your ability to plan for your future, you are most likely going to fail in your efforts. A good attitude and the desire to succeed in developing a proper budget and secure financial future will go a long way in helping you reach your goals. It is important to keep your long-term goals in mind and have a positive attitude about what it will take to reach those goals. In planning for your financial future, there is usually no instant gratification, but rather a long-range plan that will allow you to realize your financial dreams over time.

In planning for your financial future, you should identify your motivating factors. Ridding yourself of debts and attempting to appease family members are generally not motivating enough to keep you on the right path. Planning for your future involves developing a long-term plan that leads you to the desired location. Figure out what you want to achieve and stick with your plan. Financial planning is about securing your future, not gaining immediate financial rewards.

Financial planning is the most important thing you can do to provide security for yourself and your family over the long term. Start planning now by making a sensible, maintainable plan and your reward will be a stable, secure financial future.

Ken Austin is the webmaster at http://www.hazeydee.com and http://creditrelief.kraustin.com

In The News:

Personal Finance Queries For The Day (15-04-2019)  Outlook IndiaPersonal finance queries responded by industry & subject-matter experts.
Fulfilling Your Personal Finance Checklist  Thrive GlobalSorting out your personal finances can bring you welcome mental relief and the ability to save for and focus on other life events.
Personal finance: what changed in the last five years  YourStoryThe 16th Lok Sabha is nearing the end of its five-year term. It was an action-filled term where quite a lot changed for the common man. Money-wise, things have ...
Spotlight: Personal Finance Gets a New Spin with Money Crashers  Small Business TrendsPersonal finance advice site, Money Crashers, aims to give you the resources and insights from experts you need to make the most of your finances.
In Personal Finance on Saturday April 20  Independent OnlineYour weekly guide to managing your money, in Saturday newspapers around the country.
Voya Recognizes 100 Best W!se High Schools Teaching Personal Finance  Business WireVoya Financial, Inc. (NYSE: VOYA), has announced that its nonprofit partner Working in Support of Education (W!se) has released its ranking of the 201.
WTAMU instructor teaches personal finance to Canyon High School students  KFDAStudents at Canyon High School completed a personal finance course taught by West Texas A&M Accounting Instructor Lisa Lightfoot, through the Junior ...
7 Most Powerful Personal Finance Habits You Need to Implement Right Now  Inc.With good personal finance habits, you can cut costs, spend in ways that help your bottom line, and learn a sense of control over your money.
10 Books That Will Help You Solve Your Financial Problems  TIMEWith advice on everything from filing your taxes to paying off student loans, these books can help you get a handle on your money.
Financial year 2020 and personal finance  CNBCTV18The weeks have turned into months and the months have turned into a whole year, and here we are, saying farewell to FY19 and saying hello to FY20. So as a ...
6 Disturbing Personal Finance Trends Americans Should Be Aware Of  The Motley FoolThese statistics are worrisome, but if you're mindful about the financial choices you make, you can avoid falling victim to them.
Credit Card Debt By Age And Income | Smart Change: Personal Finance  Helena Independent RecordMoneyTipsAccording to Federal Reserve data, America's outstanding revolving debt – mostly credit card debt – stood at $1.055 trillion at the end of 2018.
CEA's Kevin Hassett talks personal finance and retirement  CNBCMore than half of adults are either somewhat more confident (30 percent) or much more confident (27 percent) about their ability to save for retirement than they ...
How the personal finance company SoFi is catering to millennials  CNBCMillennial online lender SoFi is launching two new zero-fee exchange-traded funds. SoFi CEO Anthony Noto joins 'Squawk on the Street' to discuss the ...
5 essential personal finance tips that may help you save lots of money  The Financial ExpressMany of us tend to delay the process of managing our finances, but this pushes the benefits of compound interest away from us.
Personal finance show: Asian opportunity costs and passive dangers  Investors ChronicleIn this week's show Chris Ralph, chief investment officer at St James's Place, considers whether Asian equities are on good valuations and what areas of this ...
5 Personal Finance YouTube Channels to Help You Manage Your Money  MakeUseOfDo you need to start managing your money better? Then these personal finance YouTube channels will help you get started.
There is a savings crisis and many Americans don't know how to fix it. Here's how  CNBCPolicy experts, economists, business people and teachers are debating the extent to which personal finance education can turn around the fact that so many ...
The Best iPhone Budget Apps To Get Your Finances In Check  Refinery29We take a look at some of the most innovative apps that can help you further your financial goals without having to do much more than open up your phone.
Financial Poise™ Announces "Personal Finance & Investing Fundamentals 2.0," a New Webinar Series Premiering April 24 at 2:00 PM CST through West LegalEdcenter  BenzingaThe first episode in this series is titled "Alpha, Beta & Other Key Concepts" and is co-produced by West LegalEdCenter™. It will feature Jonathan Friedland ...
Personal Finance Queries For The Day (25-03-2019)  Outlook IndiaPersonal finance queries responded by industry & subject-matter experts.
Your guide to filing income tax returns this year  LivemintMumbai: With the new financial year comes a new income tax return (ITR) form too. The income tax (I-T) department has said that the new ITR-1 and ITR-4 forms ...
Make the most of your credit card  LivemintYou need to monitor the total amount that piles up every time you swipe your card and the bill payment due date.Credit cards have a high interest rate of 24-48% ...
A threat to payday lenders: Personal finance classes  CNBCRequiring high school students to take a personal finance course reduces their likelihood of taking out expensive payday loans. That's the takeaway from a study ...
A new way to get teens to stop buying junk food and it can be risky to buy a house in the exurbs — but will today’s buyers care?Wednesday's Personal Finance Stories  MarketWatchA new way to get teens to stop buying junk food and it can be risky to buy a house in the exurbs — but will today's buyers care?
Weekend catchup — this week’s personal finance headlines  Financial TimesApple is to enter the credit card market in partnership with Goldman Sachs. The Apple Card will be integrated into the Apple Pay *service* on iPhones, as well as ...
New funding values personal finance app Fintonic at €160m  Fintech FuturesSpanish personal finance app Fintonic is now valued at €160 million following a €19 million investment round, Jane Connolly reports.
9 changes that impact your financial plan for FY2019-20  Economic TimesYour financial planning for the new financial year, i.e., 2019-20 should take into account all the changes in the personal finance landscape that come into effect ...
Powerful personal finance strategies that will make you wealthier  Real DailyThe goal of personal finance strategies should be to meet your short-term and long-term financial needs well within your income, yet save a good amount for ...
6 Personal Finance Trends That Should Worry All Americans  Business WireAICPA experts provide tips on how to address 6 worrisome personal finance trends.
Best Budget Apps and Personal Finance Tools for 2019  FinextraKeeping track of your budget is easier than ever in 2019, thanks to the various tools that have arri...
Viewpoint | Let’s talk money, honey! Importance of discussing finances in a marriage  Moneycontrol.comTo know a person fully, it is important to know their attitudes towards money. This is a critical step towards being truly ready for your happily-ever-after story.
Why personal finance is extra-complicated for female millennials  NBCNews.comMika Brzezinski and Daniela Pierre-Bravo discuss money challenges female millennials face.
Here's everything we know about the net worth and personal finances of every 2020 Democratic presidential cand  Business Insider IndiaAP Photo/Eric GayRep. Beto O'Rourke and his wife Amy are worth an estimated $9 million.There are currently 18 candidates and counting vying for the ...
How to budget money: Financial planners use 'buckets' and auto-save  Business InsiderPersonal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission ...
Lifehacker Is Hiring a Personal Finance Writer  LifehackerDo you have a black belt in salary negotiation? Are you in possession of more airline miles than everyone you know combined? Would your opinions on student ...
When a Possible President Was Your Personal Finance Guru  OZYElizabeth Warren predicted the Great Recession and called out big banks before it became popular.
COLUMN: IU should trade math class for personal finance  Indiana Daily StudentInstead of requiring classes that some won't use, require one used by all.
Students wise up about personal finance | Mesquite-News - Texas A&M University San Antonio  The MesquiteTexas A&M University-San Antonio students gathered wisdom on an otherwise foolish day at the “Don't Be a Fool…Know the Basics of Financial Literacy” ...
3 Personal Finance Habits That Will Help You Retire Rich  The Motley FoolYou don't have to be rich now to be able to retire wealthy.
How to find the right financial adviser for you  ABC NewsWhen it comes to getting financial advice, it's imperative to find someone you trust. But with the financial services royal commission revealing a culture of greed ...
Where do 'financially average' people go for money advice?  The Globe and MailA reader says she's starting to have doubts about the financial adviser she has been with for many years. “Increasingly, I am concerned the adviser is acting in ...
Walter Isaacson explains what Americans can learn about personal finance from Ben Franklin  CNBCMore than half of adults are either somewhat more confident (30 percent) or much more confident (27 percent) about their ability to save for retirement than they ...
Amazon’s audiobook of the Mueller report has an Orwellian price tag of $19.84 and skipping breakfast and eating a late dinner could be a killer  MarketWatchHappy Thursday, MarketWatchers. Don't miss these top Personal Finance stories: From LinkedIn to DMs, the Mueller report dives deep into the high-tech ...
In Personal Finance this weekend  Independent OnlineStudents' spending habits, loyalty programmes for retirement funds, insurers urged to embrace ubuntu, and car warranties and *service* plans.
Looking to retire early? 10 tricks to make it happen  Fox BusinessEarly retirement is a dream most us of want but few of us are able to accomplish simply due to poor planning Opens a New Window. and saving tactics. Continue ...
When It Comes to Managing Personal Finances, 36% of Millennials Just Wing It  The Motley FoolMost of us probably know that we ought to be on top of our finances. In an ideal world, we'd all have a clear understanding of our expenses, how close we are to ...
How to Make a Family Budget | Saving and Budgeting  U.S. News & World ReportIf you've never made a family budget or you aren't sure if you've effectively created a plan that reins in unnecessary costs and factors in your monthly income ...
Personal Finance Lessons From a NFL Pro  Kiplinger's Personal FinanceBrandon Copeland is an NFL linebacker who currently plays for the New York Jets. He teaches a college course on personal finance to undergraduates at his ...
NatWest trials new personal finance app Mimo  Fintech FuturesNatWest has announced it will trial Mimo, an app that uses open banking APIs, artificial intelligence (AI) and data analytics to give customers financial insights, ...
What Is Supplemental Health Care and What Does It Mean to Me?  TheStreet.comSupplemental health insurance can come in handy if you're short of cash and facing mounting health care bills. That's the case even if you have health ...
Think you’re smarter than the average teen when it comes to personal finance? Take this test  MarketWatchAbout half of teens weren't able to pass a basic personal finance quiz. In fact, the quiz will surely challenge some adults.
Brokers are banned or suspended in fallout from $1.2 billion Ponzi scheme  CNBCAn alleged $1.2 billion Ponzi scheme that collapsed more than two years ago has resulted in some advisors losing their jobs. In the latest monthly rundown of ...
Here's Everything a Financial Guru Can Tell You  LifehackerDo you have a favorite financial guru? Are you a Dave Ramsey devotee or a Suze Orman enthusiast? Are you more likely to recommend Your Money or Your ...
The Best Financial Movies You Can Stream Right Now  U.S News & World Report MoneyThese money movies and television shows will help teach you about financial tools and concepts.
Senior Citizen? Are you aware of these income tax benefits  Times NowTax benefits for senior citizens: An Indian resident who is of the age 60 and above but below 80 is categorized as a senior citizen. Residents above the age of 80 ...
Viewpoint | Here's what the changes in Form 16 will mean for you  Moneycontrol.comArchit Gupta. Form 16 is a certificate from your employer that has details of salary paid to you and TDS (tax deducted at source) on it. When it comes to ITR filing, ...
U.S. Teens Aren't Optimistic About Their Future Finances  The MissoulianAmerica's teenagers have a lot on their minds. They worry about school, about fitting in, about guns, about the environment, about just figuring out who they ...
Financial literacy is necessary; Support Gov. Murphy's budget | Letters  NJ.comBe better informed about finances. Whether a pro at managing your money or are just beginning to understand personal finance, financial literacy is necessary ...
Tax Day reminds us that personal finance requires a plan | Opinion  NorthJersey.comYears ago, I was asked by the college I worked for to give a talk to graduating seniors offering them advice about personal finance as they headed out the door.
PERSONAL FINANCE: Do you ever track your expenses?  Daily NationTracking your money can help you to maintain a healthy financial lifestyle.
Life Cover in the age of legal cannabis  Independent OnlineIt is not uncommon for life insurers to outright refuse cover if the use of cannabis is disclosed during the application process, as is policy for illegal drug usage.
Jaypee home buyers can sue Jaiprakash Associates after SC order  Economic TimesThe Supreme Court has declined to stay the apex consumer commission's order, which held that home buyers in Jaypee Infratech Ltd (JIL) can move the ...
How Long Can Social Security Survive? | Smart Change: Personal Finance  Journal Gazette and Times-CourierWithout fail, 63 million beneficiaries receives a Social Security benefit check every month, and this figure is only set to rise in the decades that lie ahead as baby ...
Personal finance expert says a 30-day money cleanse can help change bad spending habits  Toronto StarThe Star asked Ashley Feinstein Gerstley, author of The 30-Day Money Cleanse: take control of your finances, manage your spending, and de-stress your ...
Apr 12 Apr 12 WT Instructor Teaches High Schoolers Personal Finance  The Amarillo PioneerBudgets, credit cards, car loans and retirement were just a few of the topics Lisa Lightfoot, instructor of accounting in the Engler College of Business at West ...
Forget the trip to Disney World — unless you have savings for emergencies  Detroit Free PressStudents in Detroit look at the finances of a fictional family with thousands in credit card debt and other challenges. Should they go to Disney?
Retirees are flocking to these 3 states — and fleeing these 3 states in droves  CNBCFlorida is high on near-retirees' lists as a place to spend their golden years, yet New Mexico takes the top spot for retirement destinations, according to a study ...
Required personal finance class for NC students could mean fewer US history lessons  Charlotte ObserverNorth Carolina high school students could be required to learn more about financial literacy, but it could come at the cost of learning less about U.S. history.
TransUnion's credit reporting division snapped up by US personal finance firm  The Business DeskNoddle, the credit reporting and monitoring *service* division at Leeds-headquartered credit reference agency TransUnion UK (formerly Callcredit), has been ...
Chalkboard Financial, a local non-profit, is helping teens embrace personal finance  LebTownIt's never too soon to start instilling strong financial habits in young people, and Chalkboard Financial, Lebanon YMCA, and Jonestown Bank have teamed up to ...
Pension fund boards 'must take climate change into account'  Independent OnlineBoards of South African pension and provident funds must fully consider climate risk when making investment decisions.
FSHS Students Compete in Personal Finance Challenge  FortScott.BizOn April, 10 Fort Scott High School Seniors Jenna Grado, Braden Shelton, Tyler Martin, and Shaylee Terry competed in the Kansas Council for Economic ...
'Unfiltered: Duran + Kitces': Personal Finance Industry Leaders Get Real in New Podcast  Business WireNEWPORT BEACH, Calif.--(BUSINESS WIRE)--United Capital Financial Advisers LLC (“United Capital”), the country's first and largest financial life management ...
Young people are getting robots to manage their investments. Here's why  ABC NewsSo, you've saved up some money and you're keen to invest. But would you trust a computer to give you financial advice?
Forget market downturns, this is the biggest threat facing the US economy, survey finds  CNBCPolitical feuding in Washington is keeping Americans up at night. In all, 44% of participants in a recent survey by Bankrate.com said the biggest threat facing the ...
Couple came to Canada to build a life — now they have over $1 million in savings and no debts at all  Financial PostCouple that came to Canada in 1990 has built up significant assets and wants to retire early — can they do it?
Gov. Ducey signs Arizona bill to make personal finance lesson a requirement for high school students  12news.com KPNXPHOENIX — An Arizona bill that would require schools to teach financial literacy and money management as part of the required economics credit needed to ...
Here's one easy way to pay less to your credit card company  CNBCWant to pay less to your credit card company? Make a phone call. While most cardholders have not requested a break on either interest rates or fees recently, ...
State pension changes: Four ways YOUR state pension is changing  ExpressSTATE PENSION changes went info force this weekend as the new tax year began. Here are four ways your state pension is changing in the 2019/20 financial ...
Cashless society? Fine... until you lose your wallet as our Personal Finance editor found out  Daily MailSlowly but surely, like a Number 9 bus, we are moving towards a cashless society where plastic and payment apps rule.
When can you retire? Retirement experts weigh in  Fox BusinessMoney and financial planning experts answer the top three Google-searched questions about retirement.
This book about how to get rich sold more than 32 million copies—here are 5 essential lessons you need to know  CNBCIf you've ever searched on Google "best personal finance books to read," you've most likely seen the title "Rich Dad, Poor Dad" appear at the very top. The book ...
Require personal finance class for high school students  Rochester Democrat and ChronicleWe still have a serious national epidemic of financial illiteracy in our country.
'Bankers hide their wrongdoings, we want to make individuals accountable'  Independent.ieLaws must be introduced to prevent bankers hiding wrongdoing, the Central Bank has told an Oireachtas committee.
4 financial opportunities to grab before March 31  Economic TimesSome taxpayers might not have been able to complete their tax planning for the year. If you are among them, dont panic.
You may want to think twice before moving back in with your parents  Bankrate.comMoving back in with one's parents is a common phenomenon for today's generation of young adults. But that move can result in adverse effects, both individually ...
SA households lose nearly half a trillion rand of wealth in 2018  Independent OnlineIn what has been described as a financially devastating year, local households saw R449.8 billion of their net wealth wiped out in 2018.
Achieving customer value in the financial services industry  Independent OnlineWhat's keeping banking and financial services executives up at night in 2019? PwC says that is creating a unique customer experience.
Home economics: Our property finance expert answers your questions  Independent.ieQ We've found a house we really want to buy. However, it shares a side passage with its neighbour which leads into both gardens openly. The estate agent says ...
How healthy are your personal finances? Take this quiz to find out  Economic TimesAre you doing everything right for your personal finance? With the new Budget in place, it is a good time to check the health of your finances with this quick quiz.
Why you can't get personal finance advice only by reading articles  Economic TimesWhen it comes to personal finance, there is really nothing new to say. What we discuss here are mere snippets of interpretative intelligence.
Spring cleaning your finances | The Royal Gazette:Bermuda Personal Finance - Mobile  Royal GazetteThink of making a budget like spring-cleaning: it's a great way to get things in order around your house, and you'll feel so much better after it's done.I know lots of ...
Your digital profile to affect credit score  LivemintIt is not just your older loans or credit card repayment history that is being used to decide whether you should or should not get a loan. Increasingly, alternative ...
How to invest in private companies  The Australian Financial ReviewThere's a boom in private-equity opportunities where the returns are potentially supercharged but the risks are just as high.
How spending $250 could protect against a $43,000 flood in your basement  The Globe and MailThere are also some zero-cost, no-brainer steps that home owners can take to protect their property.
Mortgage holders here are offered the best protection in the world - consumer champion  Independent.ieMortgage borrowers in this country are the best protected in the world and offering them more protections from vulture funds will force banks to leave the market, ...
Easter 2019 payments: When are DWP payments due over Easter?  ExpressEASTER 2019 will see a chain of bank holidays, which may mean some people see their government payments arrive at a different date. Here are the dates ...
Your Money: Don't pay price of finance woes  Independent.ieNew research from Switcher.ie has revealed that 65pc of Irish consumers cannot afford essential household bills with their regular income; almost four in 10 ...
The video gamer’s guide to personal finance  The HinduA personal finance blogger on why unlocking the next level is good motivation when it comes to your finances.

Single Mother and Learning how to Save

Saving may seem easier if you were saving for a... Read More

How to Save for A Down Payment

Saving for a Down Payment is hard work, so it's... Read More

What?s New in Checking ? From Designs to Photos

Just about everyone has a checking account. Checks present easy... Read More

Why Live Frugally

What is it about being frugal, why do it at... Read More

Make or Break Your Retirement!

The Prudential has dubbed those who refuse to leave home... Read More

College Expenses: Seven Ways to Save on an Education

Many people graduate from college owing thousands of dollars in... Read More

5 Steps to Healthy Spending Habits

Next to our physical health most of us are primarily... Read More

10 Money-Saving Tips

1. If you have your haircut every 3 weeks, try... Read More

Accessing Funds You Never Knew You Had- Household Utilities and Mortgage Expense Reduction Plan

For most of us the process of getting out of... Read More

Debt Management ? More Ways to Save on Gas Consumption

The price of gas continues to climb, and with continued... Read More

Bankruptcy Chapters Explained

Chapter 7The potential chapter 7 debtor should understand that a... Read More

Eight Ways To Sink Yourself Financially

1. Don't focus on your finances.The reason most people get... Read More

Knowing Me, Knowing You: Why ID Protection Plans Are Flawed For Fraud

ID theft is a major consumer concern, though there is... Read More

Vesting and Your 401(k)

Do you have a 401(k) retirement account? Are you vested... Read More

10 Steps To Improve Your Financial Situation

Here are ten steps you can follow to help improve... Read More

Budgeting Before Buying

With interest rates being at an all-time low, I can... Read More

Identity Theft ? More Tips on How it Can Be Avoided

Recent security breaches at several credit card companies continue to... Read More

Learning the Basics of Handling Money

With prices increasing all the time, saving money can be... Read More

Budgeting is Essential for a Single Mothers Success

Today many women are struggling with debt and it's even... Read More

Save Money on Gas

Gas prices have soared to unimaginable heights of late. Since... Read More

Simple Ways to Save Money

Things are so expensive these days. We seem to be... Read More

What Are We Teaching our 2005 Graduates about Money?

Now that we are in the month of June I... Read More

Financing Collectibles for Fun and Profit

With the advent of the internet and especially auction services... Read More

10 Steps to Take if You Are a Victim of Identity Theft

There have been an estimated 9.9 million victims on America... Read More

Saving Money On Gasoline For Your Automobile

The gas that we fill our tanks with every week... Read More