Personal Finance

One of the biggest financial mistakes you can ever make is taking bad financial advice — or more accurately, applying financial advice the wrong way, at the wrong time, and for the wrong reason.
Following so-called “good” financial advice can actually get you into a world of economic trouble if you’re not careful. So, think about whether any of the following scenarios sound familiar when it comes to advice you might have taken — and later lived to regret.

A yellow traffic sign featuring a red, yellow, and green light symbol is partially submerged in water, much like how unexpected expenses can drown the best-laid budget plans, reminding one to consult a financial planner.

How to Bounce Back From Natural Disasters

In my article on the Kiplinger Advisor Collective, I discuss the unprecedented number of major natural disasters that have occurred in the United States in 2023. It provides

asset protection

5 Reasons Why You Need Asset Protection

Many people mistakenly believe that asset protection only becomes important when facing imminent bankruptcy. This understanding is significantly off the mark. Attempting to hide assets

Behavioral Finance

How Behavioral Finance Shapes Financial Choices

The study of behavioral finance examines how the feelings and psychology of people affect financial judgment. Unlike traditional finance, which assumes perfectly rational decision-makers, behavioral

pay yourself first

How Much Should You Pay Yourself First?

Are you struggling to find the perfect balance between saving for the future and enjoying your hard-earned money in the present? The key to mastering

A vacuum cleaner on a wooden floor with scattered one-dollar bills in front of it, symbolizing the art of budgeting and efficient financial planning.

How to Unlock Hidden Revenue

Hidden revenue refers to additional money a business earns but does not include in financial statements. There are many reasons why this revenue can stay

A financial planner in a blue blazer sits on a brown leather couch, immersed in "Fundamentals of Financial Planning," surrounded by bookshelves and a vintage typewriter, contemplating credit strategies.

5 Ways to Manage Your Personal Finances

Improving your personal finances does not always necessitate a higher-paying career or a windfall from a kind family. Better money management is the key for

A woman sits on a sofa looking distressed, her hands clasped in front of her face, pondering over the budget. In the background, a man stands absorbedly checking his phone, possibly consulting their financial planner for advice.

When You Want a Divorce But Have No Money!

Going through a divorce can be emotionally and financially draining, and when you’re on a limited budget, it can feel even more overwhelming. But the

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