Financial Freedom

Unlocking the Mystery Behind Saving For Emergencies

One of the most important steps in creating a life of financial stability is to create an emergency fund. There is nothing fun or exciting about emergency savings; it’s like insurance – boring, but necessary. You can think of an emergency fund as insurance for living life. 

What is an Emergency Fund?

3 Ways Women Can Derail Their Retirement Plan: A List of What Not To Do

Planning for your financial future can sometimes feel like an overwhelming task. Because there is so much to consider, it may feel better to just focus on your daily tasks and tell yourself you’ll worry about it later.

The Near-Perfect Investment

Once an individual or family has reached a point in their lives that they have enough income to easily pay their basic living expenses and other bills, they often desire to put their excess monthly cash flow to work in an investment.

Determining Your Risk Tolerance

Perhaps the most important factor in formulating your investment plan is your risk tolerance; that is, the amount of risk you’re willing to assume in order to achieve your most important objectives.

The Cost of Waiting to Save (Video)

Understanding Investment Risk

All investors – be they conservative, moderate or aggressive – need to understand that the level of returns they expect to generate is directly related to the amount of risk they are willing to assume – the higher the return, the higher the amount of risk one needs to take.

Why You Get Buyer’s Remorse and Ways to Avoid It

We all have a certain emotional attachment to our money, which is very logical since we work hard to earn it. We don’t always make the best financial decisions with our spending, especially when we are in heightened emotional states.

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Financial planning and investment advisory services offered through Castlebar Asset Management, LLC a registered investment adviser. 

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