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So far info@northlightfinancialservices.com has created 309 blog entries.

Diversification, Patience, and Consistency

Diversification, Patience, and Consistency Three important factors when it comes to your financial life. Regardless of how the markets may perform, consider making the following part of your investment philosophy: Diversification. The saying “don’t put all your eggs in one basket” has real value when it comes to investing. In a bear or bull market, certain asset classes may perform better than others. If your assets are mostly held in one kind of investment (say, mostly in mutual funds or [...]

By |2019-09-24T10:14:39-04:00August 22nd, 2019|Investing|Comments Off on Diversification, Patience, and Consistency

Getting a Head Start on College Savings

Getting a Head Start on College Savings The hows and whys of college savings.   The American family with a child born today can expect to spend about $233,610 to raise that child to the age of 18. And if you’ve already traded that supercharged convertible dream for a minivan, you can expect your little one’s college education to cost as much as $198,000.1,2 But before you throw your hands up in the air and send junior out looking for a [...]

By |2019-08-09T09:55:56-04:00August 8th, 2019|College Savings, Personal Finance|Comments Off on Getting a Head Start on College Savings

Eight Mistakes That Can Upend Your Retirement

Eight Mistakes That Can Upend Your Retirement Avoid these situations, if you can.  Pursuing your retirement dreams is challenging enough without making some common, and very avoidable, mistakes. Here are eight big mistakes to steer clear of, if possible. No Strategy. Yes, the biggest mistake is having no strategy at all. Without a strategy, you may have no goals, leaving you no way of knowing how you’ll get there – and if you’ve even arrived. Creating a strategy may increase [...]

By |2019-08-09T09:51:07-04:00July 25th, 2019|Personal Finance, Retirement|Comments Off on Eight Mistakes That Can Upend Your Retirement

The Cost of Procrastination

The Cost of Procrastination Don't let procrastination keep you from pursuing your financial goals. Some of us share a common experience. You’re driving along when a police cruiser pulls up behind you with its lights flashing. You pull over, the officer gets out, and your heart drops. “Are you aware the registration on your car has expired?” You’d been meaning to take care of it for some time. For weeks, you had told yourself that you’d go to renew your [...]

By |2019-07-19T11:11:46-04:00July 11th, 2019|Personal Finance, Savings and Investing|Comments Off on The Cost of Procrastination

Taking Charge of Your Financial Life

Taking Charge of Your Financial Life Delegating responsibilities to others may lead to problems down the road.  When you are putting together a household, it isn’t unusual to delegate responsibilities. One spouse or partner may take on the laundry, while another takes on the shopping. You might also decide which one of you vacuums and which one of you dusts. This is a perfectly fine way to divvy up household tasks and chores. One household task it’s valuable for both [...]

By |2019-06-24T11:45:30-04:00June 24th, 2019|Financial Fitness, Personal Finance|Comments Off on Taking Charge of Your Financial Life
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