*SAVE MONEY AND REDUCE TAXES
*SAVE MONEY AND REDUCE TAXES
The key is always DIVERSIFICATION
A balanced financial plan always includes many facets. Building your financial
home is no different than building a regular house. Start with the foundation.
Ensure you have adequate emergency funds (enough to cover at least two months
of bill payments). Have a strong debt reduction plan in place and ensure
you have ample protection for your family and your assets (life, home, auto, & health
insurance). Pay yourself first, if possible through a payroll deduction or
allotment program. Your savings/ investments can take many forms. The basics
normally include some type of fixed interest rate program and investment
in equities through a good mutual fund. A mutual fund offers the advantages
of diversification, professional management, liquidity, and choice of objectives
and some can be started for as little as $25/ month. The biggest killer of
financial futures is PROCRASTINATION. Don’t put off activating your
financial plan. Once you start it, BE PERSISTENT. A wonderful example of
the advantages persistency is Dollar Cost Averaging.
(Hint: The yellow bars on the graph are more important)
Click arrow for Tax Considerations
For questions or to schedule a free workshop, please send an email to:
or call direct
1-760-631-4300