Budgeting: Why It Still Matters

Why Budget?
(FinancialHealth.net) - We talk about budgeting quite frequently, but what exactly is a budget? A budget is a tool that allows us to easily assess our income versus our expenditures. The result is a clear tool we can use to better understand our overall finances and set clear money management goals. Our bills are paid on time, our needs our...

Life Insurance: Unexpected Cost and Eligibility Factors

Which of These Can Affect Your Cost and Eligibility for Life Insurance?
(FinancialHealth.net) - Do you have life insurance? Is it enough? Nearly 60% of people in the U.S. have some type of life insurance, but 20% of those admit they don't have enough to cover the anticipated expenses after they pass away. So what's stopping people from buying a policy — or raising their coverage amount? In a word: money. Let’s...

3 Clues You Need to Change Your Withholdings

3 Clues You Need to Change Your Withholdings
(FinancialHealth.net) - Tis the season! Whether you’re waiting on a refund, breaking even or scraping together funds to cover owed taxes, preparing for next tax season may be on your mind. The money employers take out of checks each pay period is simply a best guess at what an employee is responsible to pay the state and federal governments....

Insulation: Year Round Money Saver

Which-Type-of-Home-Insulation-Saves-You-Money-Year-Round
(FinancialHealth.net) - One of the cornerstones of a healthy financial lifestyle is saving money on home expenses. Ensuring your home is energy efficient throughout the entire year is a great way to save money on your utility bills. Let’s take a look at the different insulation types you can use in your home. How Insulation Works: Insulation helps your home maintain a...

403(b) vs 401(k) Retirement Accounts: Which is Better?

403(b) versus 401(k) Retirement Accounts: Which is Better?
(FinancialHealth.net) - 401(k) and 403(b) accounts are both retirement savings options offered by employers. Since both types are tax-deferred, a set amount of money can be contributed to these accounts and excluded from taxable income. Although 401(k) and 403(b) retirement accounts have a lot in common, there are a few characteristics that set them apart from each other. Get the...

This is the Most Flexible Retirement Account

This is the Most Flexible Retirement Account
(FinancialHealth.net) - When it comes to saving for retirement, 401(k) accounts are among the most popular options available. These plans offer employees the opportunity to put a portion of their earnings aside, tax-free, to invest in a variety of mutual funds until they reach retirement age. These retirement accounts are also known for their flexibility. Investing is optional and employees,...

Exactly How Much Social Security Can You Count On

Exactly How Much Social Security Can You Count On
(FinancialHealth.net) When it comes to retirement, one thing on most people’s minds is how much Social Security they'll get when they finally get to stop working. The main factor in determining this value is the overall wages earned in a lifetime, starting back from when wages were first taken from your paycheck. Here are a few ways to determine...

How to Hack Proof Your Passwords

How to Hack-Proof Your Passwords
(FinancialHealth.net) - If the last 24 months brought nothing else, it offered the stark realization that Americans are quite vulnerable when it comes to their digital security. People who are careless with their digital security are far more likely to be victims of identity theft, fraud, and financial losses. The most important step to protecting your digital self is to...

Increase Net Worth With This Choice

Which-Choice-Is-Most-Likely-to-Determine-a-Persons-Net-Worth-at-the-Prime-of-Their-Life
(FinancialHealth.net) - Knowing how much you are "worth" is one way to measure your wealth. The college you go to won’t mean anything if you don’t pay off your debts or get a decent job. Simply put, your spending habits compared with your income is the end-all-be-all when it comes to determining how rich you are. What is Your Net...

Saving for the Future: Acorns?

A New Type of Savings Account Changes Everything
(FinancialHealth.net) - Even with the best intentions, the day-to-day expenses of mortgage payments, groceries and healthcare can make saving for emergencies or retirement feel nearly impossible. Acorns is a new type of savings account app that could change everything. The idea behind this app and others like it is that their automatic round-up feature can make saving simple. In fact,...

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Losing Sleep Over Money?

Losing Sleep Over Money?

(FinancialHealth.net) - Financial troubles are no fun. They can literally keep you up at night. That’s dangerous for a number of reasons, but there...