One area of personal finance which is often neglected until far too late is estate planning and asset protection. I recently ran into this first hand when visiting my mom and dad a few months ago. Both of them are well into their eighties and have reached a point where they are forgetting to pay bills, including insurance on their vehicle and residence (You’re?probably thinking they shouldnt be driving, and I agree but that’s an entirely different story).?This really came to the forefront when their phone service was cut off due to non-payment.
Archive for December 2012
Financial Independence – Introduction to The WiseDollar
Thanks for visiting The FinDependent WiseDollar?.?You probably ended up here while researching ways to manage debt, save for retirement or any of a myriad of financial challenges that most of us face in our daily lives?while?managing our personal finances.?This site was created to be an informative resource where advice, tips and experience on personal finance can be shared, the end goal being financial independence. I’m fairly certain that being financially independent is something that many of us dream about but few of us ever achieve. Armed with the right information, many of us can reach financial independence. It’s not an easy path, but one?that’s?worth taking. For those of us that find it a long and difficult journey there are a number of tidbits that we will pick up along the way from here. You should at the very least learn tactics and strategies to manage debt, save for retirement, invest as well as pick up knowledge on other important matters relating to personal finance and?financial?independence. Read more