article thumbnail

How to Manage Different Investment Risk Tolerances Between Spouses

Prairie Eco-Thrifter

Set your financial goals. In order to meet some financial goals, you must take some level of risk. However, unless you agree on what your financial goals are as a couple, chances are you won’t get there. The Association for Financial Counseling Planning and Education published a study by John E.

article thumbnail

My Life Plan

Family Balance Sheet

When you’re in the trenches, it can be very hard to think beyond the present. A few years ago, we were struggling financially and I felt like our situation was hopeless. As part of Prudential’s Women Inspired campaign, I was encouraged to think about my dreams detailing my long-term goals and aspirations. Achievable?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How to Break the Cycle of Unhealthy Habits

Prairie Eco-Thrifter

But how do you go about retraining yourself to think beyond what’s simplest or most convenient in the present to choose what’s better and ultimately easier in the long run? The second strategy is to practice long-term goals. For me, running the marathon was a major long-term goal. Get Healthy'

Cycle 181
article thumbnail

Compare Credit Cards | Bankrate.com

Savings Corner

All products or services are presented without warranty. Annual fees An annual fee is a charge that you get each year for holding a particular credit card. Not all cards have annual fees, but the ones that do often have extra perks and benefits that could make the annual fee worth it.

article thumbnail

Small Money Mistakes That Have Big Consequences

Prairie Eco-Thrifter

The same can be said about finances – it is often the little things you do, the small actions you take, that have the biggest impact on your financial security, both in the present and in the future. When you don’t have financial goals , you risk spreading yourself too thin which exposes you to increased debt and financial disaster.

Money 235
article thumbnail

I Just Graduated. Isn’t It Too Early to Talk About Life Insurance? – Life Happens

Savings Corner

Consider directing at least a portion of your pay toward long-term financial goals, like saving for retirement and purchasing a life insurance plan. Getting life insurance as a recent graduate may present you with several advantages. Money has a way of disappearing quickly if you don’t keep track of your spending habits.

article thumbnail

The High Price of Excuses, Justification, and Avoidance.

Prairie Eco-Thrifter

By not dealing with the long term reality in the present, things inevitably become more difficult. Would it have been easier to come up with almost $2,000 additional per month? Absolutely not. What we perceive as easier in the short term is often just avoidance of longer term challenges. Get Organized'

Price 209