familyfinances
Financial experts will tell you to steer clear of borrowing money from your family and friends. And, for good reason. Even the healthiest and strongest of relationships can buckle under the financial problems this can cause. At the same time, when in financial trouble, there may be no better place to turn their your nearest and dearest. For starters, if you’re in a serious pinch, it’s the fastest and easiest way to secure a loan. It can be as easy as just depositing a check into your account. Secondly, it’s a much more affordable option — interest rates can range anyway from35.99% to an astron...
Due
Anytime money accumulates, risk and uncertainty also enter the picture. Thankfully, as the leader of your family, you can make certain proactive decisions to guard your financial future and safeguard against serious threats. The sooner you put them into practice, the better. Adopting a Long-Term Financial ViewMoney is often an emotional subject. And anytime emotions become involved in decision-making, it’s much more difficult to maintain objectivity. Choices become skewed based on what’s most exciting, opportunistic, or enjoyable . Unfortunately, these short-term decisions often produce long-t...
Due
Part I in a conversation with Johnson Financial Group advisor Kelly Mould Q2 2021 hedge fund letters, conferences and more Over the last 20 years, we’ve seen a steady decline in the divorce rate in the U.S.—with the exception of couples over 50 years old. For them, rates have doubled, for couples over 65, rates have tripled. At any age, divorce causes emotional and financial upheaval, for older couples, the challenges may be even greater. In this discussion, Johnson Financial Group advisor Kelly Mould—who is also an attorney who specialized in family law while in private practice—outlines thos...
ValueWalk
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