Remove Building Remove Debt Remove Growing Remove Refinancing
article thumbnail

What Is Financial Planning? | Bankrate

Savings Corner

Debt reduction – How much do you need to pay down and how can you do it? Investments – How can you save and invest to grow wealthy? Good budgeting is the “blocking and tackling” of good financial habits, and you can really only build wealth when your spending is below your income. Do you want to build wealth?

Goals 52
article thumbnail

Family Office Manager

Family Balance Sheet

Today at age 50+, I still optimize our cash flow, but my focus is shifting towards saving with our daughters’ future education costs, building our net worth, and planning for our retirement years. We have been in our home for over 20 years and I’ve refinanced for better rates at least five times, mostly for free.

Office 130
article thumbnail

Get your FREE Family Balance Sheet Excel Spreadsheet

Family Balance Sheet

The spreadsheet listed our short-term and long-term account balances, our debts, and our short-term and long-term financial goals. At times over the years, my husband thought our focus was too heavy on the cutting and the reducing of expenses, and and not enough on the building and the increasing of income. What changed? . Change #1.

Family 100