Financial Considerations For The First Marriage After 40

You almost gave up hope that you would meet Mr. Right.  Or maybe it is Ms. Right.  However fate struck lightning and you finally met the person that you are convinced you were meant to spend the rest of your life.    At some point, reality sets in as the wedding date gets closer and it starts to dawn on your that there may be real discussions that need to be had around money and financial goals.   Not something you typically discuss when you are enjoying fine dining, front row concerts, and swanky hotels on the beach. Remember, everybody has a financial story.  Especially the person that you are about to wed.   It is important to peel back the artichoke to better understand your partner’s attitudes and feelings around money and planning for overall financial goals.   Here are my five smart money move financial considerations for those that are getting married for the first time after 40. Should you get a ...

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Ted Jenkin discusses financial advice with the Wall Street Journal

You Must Remember This… The one sentence financial advisers wish their clients would remember… (source) Looking for financial advice you can actually remember? Something simple, pithy, but useful? We asked some financial advisers to sum up in one sentence the most important advice they could give clients to help them better manage their financial lives. Here’s what they said: TED JENKIN Co-CEO and Founder, oXYGen Financial Inc., Alpharetta, Ga. THE LINE: “You must always pay yourself first.” THE REASON: Mr. Jenkin says many people don’t realize they are the chief executive officer of their family finances. “As CEO of your family finances, you should always pay yourself first by putting 10% to 20% of your income toward your financial goals before you pay your expenses,” he says. If you can’t meet expenses after savings, it indicates you’re living beyond your means. He also recommends putting at least one-third of every pay raise into savings. “If you follow the ‘pay yourself ...

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Top 10 Questions To Ask Your Financial Advisor

Can you describe for me how you are compensated? Does your firm have any quota’s you must meet? Are there any financial products you are unable to sell because of your licensing or your firm will not allow them to be sold?  Which?  Why? Are there any products that are manufactured by your company? Describe for me your asset management strategy? How much experience do you have? Are you making the investment decisions or are you following someone else’s philosophy? How many firms have you worked with in the past? Why did you choose this firm? What are your financial goals? Related Articles – Top 10 Ways To Tighten Up Expenses For Business Owners, Top 5 Insurance Policies To Avoid , TOP 10 Atlanta LATE NIGHT Restaurants, The Top 10 Most Overlooked Tax Deductions , Top 5 Ways to Help Someone Who Is Unemployed , Top 10 Questions to ask your Accountant Kile Lewis, CRPC® Co-CEO and Founder oXYGen Financial, Inc. Request a FREE ...

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