Guest blog with Betty-Anne Howard Originally posted on https://bettyannehoward.com Donating to charity in your will is an action that can make a tremendous difference to your community and the world. But often, people don’t take action even though they can have a significant impact on their own lives and the lives of others. Why is…
Every month, I inevitably will meet someone who is very afraid. Last month it was Doris (at least we’ll call her Doris today). Now, Doris has a large enough portfolio that one would think she would feel secure in her ability to support herself all through her golden years. However, Doris was afraid that she would run…
Planning Taxes? Is that a new concept? People often don’t give this much thought. There are two reasons why tax planning is important. First, financial success is about making money and keeping as much of it as you can. The amount of taxes you pay is not simply inevitable. Tax planning involves choosing investment vehicles and investments that help you…
It’s good practise to plan your giving. January is a great time to do that. By thinking things through now and setting goals, you can make sure that your efforts go toward the causes that mean the most to you. 2021 is likely to hold special challenges for the organizations we love so this is a good time…
Let’s get back to basics. Create a Cash Flow Statement I call it a cash flow statement because no one wants to create a budget. Some people feel that having a plan is restrictive, but plans create freedom. It is imperative that you know what is coming into your household and what is going out every month. Savings,…