The end of each year brings a time for reflection and renewal, and this is especially valuable when it comes to personal finance. As the year 2010 comes to a close, are you better off financially than you were on January 1 of this year? What would you like to do differently so that your finances are in better shape at the end of 2011? Here are a few things you can do by the end of the year to improve your financial position for 2011.
Tag: contingency fund
In more than a decade of financial planning for families, Certified Financial Planner, Kevin Worthley, has found a startling trend – most families do not have an adequate emergency fund. Yet, the consequences of not having such a safeguard can be disastrous. Kevin covers why it’s so important to have a rainy day fund and how to get started.