Many people come to us concerned that they aren't saving enough toward their goals, particularly for retirement, and want to know what they can do to get on track. We find that we can calculate what they need to start saving much easier than they can adjust their spending. It is easiest when they are coming in around a time of significant income increase or expense decrease.
Many people, both in the finance field and outside it, often refer to credit scores, but not everyone knows what a credit score actually is and what it is made up of. There are lots of articles covering this topic online, but many of them contain an overwhelming amount of information, so I’d like to cover the basics.
Rumor around town is that you LOVE our blog pics! We have a lot of fun putting them together for you to enjoy each week. We’d like to have you join in on the fun!
BCR Wealth is pleased to announce our first BLOG PICTURE CONTEST for a series that Marshall has written about how to select and work with a banker. Below is a small section of the blog:
Imagine two people are getting onto Interstate 459 at the same time. One of them is driving a first generation 1991 Ford Explorer that is known to have rollover issues at higher speeds. The other driver has just driven off the lot with a brand new 2016 Corvette Z06 which is a world-class supercar. Do you expect the speed limit on Interstate 459 to be different for the two different cars?
Dave Ramsey is famous for saying, “If you don’t control your money, the lack of money will control you.” The most basic way to begin taking control of your money is to devise a budget. Many people who set out to live by a budget give up fairly quickly the first time they get frustrated by the process or by something they didn’t think to plan for.