Financial Lessons to Learn From Professional Athletes

Financial Lessons to Learn From Professional AthletesThere aren’t many job opportunities that allow you to drop out of college and make hundreds of thousands, if not millions of dollars, for playing a sport you love.  It seems as if professional athletes should be set for life, but unfortunately many make costly financial mistakes that are hard to recover from.

According to the National Bureau Economic Research one in six players file for bankruptcy, most within 12 years of retiring from playing.  According to an article published … Continue Reading

Summer Vacation Entertainment without Going Broke

summer vacation 2015School is out and summer is in full swing!  This means sports camps, swimming lessons, vacations, and other ways your money is being sucked out of your wallet.  Not to mention, entertaining children who aren’t used to being home all day every day.  Have this summer be full of adventures and fun family times without spending unnecessary amounts of money.

Tips to Save Money While Entertaining

Summer vacation doesn’t have to be long and agonizing for you or your children.  … Continue Reading

Saving Money in Your 60s

Saving money 60sAll the preparations from the last 20 or 30 years have been for this point in your life.  Now you are within a few years of the finish line.  Are you ready?  Here are five different suggestions to think through to help ensure your retirement is the best it can be.

Understand the Requirements of Your Different Accounts

You have spent these many years investing into your retirement accounts, but now is the time to start thinking about how … Continue Reading

Saving Money in Your 50s

save money in 50sNow that half a century of your life has been lived, retirement and the next phase of your life is just around the corner.  Hopefully you have been preparing for this time of your life for a few years and you can see your work paying off.  Before you settle into enjoying this phase of life, look into these five suggestions to ensure you can enjoy life to the fullest.

Pay off Your Home

When you purchased your home in … Continue Reading

Saving Money in your 40s

save money 40sYou might not be quite over the hill, but you are slowly reaching the summit.  Before you reach the top, there are a few financial choices you have to make to ensure life on the other side of the hill is as green as it can be.  Here are 5 tips to help make that a reality.

Teach Your Children to Be Responsible With Money

Look at your children and the example you are setting for them.  What have you … Continue Reading