Financial Planning – Pension Drawdown Changes From April 2011
There will be a number of changes to pensions legislation, which will take place from April 2011. This is as the result of a recent government consultation into the issue.Understanding Cash Flow
Understanding how cash comes in and goes out is a key to becoming wealthy. Cash flow is the most important lesson to learn about becoming rich.What Is a Certified Financial Planner (CFP)?
A Certified Financial Planner is a professional financial planner who has attained one of the highest levels of qualification in the financial services industry. This is a technical qualification which focuses on the skills needed to prepare a comprehensive financial plan, and assesses these skills against a case study.Why Is Saving Money So Hard? And How Can I Do It Better?
But how many of us now have a decent savings record? Back then we had (in most cases) nothing to pay for but lollies and toys. Saving everything we ever got was easy. But now, it seems so much harder. You’ve got rent or mortgage payments, car payments, fuel, public transport, your mobile, landline, internet, electricity, gas, food, and we haven’t even counted spending money or taxes yet.How Can You Trade Successfully?
Before you start doing any investment, you are reminded to learn fast. For new comers in the market, you can’t simply get involved in trading without proper knowledge. You should not expect to gain a large sum of money through buying and selling stocks if you are not really “educated” on how to trade.Financial Independence – The Four Essential Pillars (Pt. 1)
The good news is that achieving financial independence is relatively easy. In fact, almost everyone who really puts their mind to it, can. In this article – part one of a series – you will discover all that is needed to create a life-long income and guaranteed financial independence.Missing Money and Unclaimed Funds in Florida
Between record unemployment, the increasing use of food stamps, emergency cash assistance and government subsidies, Floridians are turning to the Internet in search of missing or unclaimed property. With over $33 billion in unclaimed funds nationwide, the most popular search terms on Google, Yahoo, Bing and AOL are “missing money” and “unclaimed funds.” Even social networking sites like Facebook and MySpace have pages on how to find missing money.Wealth-Building Attitude – Psychological Tips to Improve Your Financial Health
In this economy it is more important than ever to have a good relationship with Money. Your financial health is very much linked with your physical and psychological health and so you want to be healthy and well rounded in all of these main areas of your life. In this article I want to share some psychological tips with you on how to improve your relationship with money and it starts with improving the ultimate relationship-the one you have with yourself.Financial Planning and Inflation
Inflation is a big part of financial planning, since it is one of the biggest reasons why people do not achieve their long-term goals. Inflation is the general increase in costs to buy goods over time.What Kind of Retirement Income Is Right For You?
The vast majority of people who have planned for retirement use a combination of their options to live on once they retire. But how do you figure out which are right for you? That depends on several things. Following is a list of considerations to keep in mind when trying to determine what kind of income you want coming to you during your retirement years.Wealth Management With Independent Financial Advisers
The current economy has dumb founded the most intelligent of us. What are we meant to do with our money to keep it safe and to allow that money to benefit us. The way pensions, mortgages and investments now work have changed dramatically and we need to adapt quickly and efficiently.8 New Ways to Build Wealth: Shopping, Bubbles and Cycles
I’ve always been fascinated with how to build wealth and why some people have lots of money and others don’t. So when I started a financial education business and people told me money matters were boring, I really had to think about their perspective.Where Can You Build Wealth Now?
In a low interest rate environment like we have today, it can be frustrating to build serious wealth. At least it seems to be. If you earn 1% in a certificate of deposit at the bank, it will take you 72 years to double your money.The Biggest Wealth Builder in 2011?
It’s no secret my favorite places to invest have been in commodities and in particular gold and silver mining stocks. I haven’t always been investing in gold and silver, only when the cycles indicate it’s the right time to own it. The cycle has years to go, but if you are lucky enough to see the metals pull back sharply, I’d be a buyer. If you haven’t started yet, at least a 5% position is a start.Personal Finance: Build Your Castle in the Air
It is said (author unknown) that a neurotic person builds a castle in the air, a psychotic moves into it and a psychiatric collects rent. But before you dismiss this idiom as an old adage, think of this other expression: be careful what you wish for because it may come true. The truth is, we become what we predominantly think about and we also attract what we think about.