Celil Pouw - Page: 2

6 Reasons Why You Need a Budget

If you’ve heard it once, you’ve heard it a thousand times: Budget Your Money! Financial experts and money advisors have been shouting this mantra from the mountaintops for years. By now, you’re probably sick of hearing the “b” word. Too bad. This is just one of those financial lessons that cannot be preached enough. Especially in the current turbulent economy, budgeting...

Financial Planning: It’s about More than Money

Life planning is different than traditional financial planning because the focus is more about who you are and who you want to be than it is about money. Unlike people engaged in the traditional planning process, people engaged in the life planning process don’t look ahead to figure out how to maintain their current lifestyles in retirement. Instead, they...

Where to Put Your Cash: Call Deposit vs. Time Deposit Accounts

For most people, a bank account is simply a place to hold money, not make money. That’s especially true these days, with interest rates remaining near historic lows. Yet, there are several types of bank accounts, so consumers should know which ones best fit their needs.  A lot of people understand the two major types of bank accounts: savings accounts,...

How Much in Savings You Need to Live Comfortably

According to the Federal Reserve’s study on economic well-being in U.S. households, published in 2016, Americans are satisfied with how they are doing financially. The number of adults reporting they are “living comfortably” or “doing okay” rose to 69%, up from 65% in 2014 and 62% in 2013. However, surveyors then asked a series of follow-up questions that called into serious...