Archive for December 2015

3 Financial Steps You Can Take RIGHT NOW To Help Launch 2016

“You never have to recover from a great start.”

This is a great quote that can apply to your financial journey for 2016! While we’re still a couple of weeks away from the new year, you can take steps right now to launch into 2016 with a financial fury!

5 Financial Steps You Can Take RIGHT NOW

  1. Open a 529 College Savings Plan for each of your children (or grandchildren)  One of the greatest blessings a child can receive is a college education free from the burden of student loans! Plus there are usually tax incentives for investments into your state’s plan!
  2. Open an online Savings Account (and start saving for Christmas 2016!) I am a big fan of online savings banks, and have held my savings there for years.
  3. Increase contributions to the retirement account (401k, 403b, 457, TSP, SEP-IRA, IRA, Roth-IRA, TFSA, RSP)  Even a 1% increase can completely change the trajectory of your financial future!

These three steps could be completed in less than 30 minutes. Why not do it now?