Saving & Budgeting - North Light Financial Services

Reassessing Retirement Assumptions

Reassessing Retirement Assumptions What makes financial sense for some baby boomers may not make sense for you. There is no “typical” retirement. Many baby boomers want one and believe that they will have one, and their futures may indeed unfold as planned. For others, the story will be different. Just as there is no routine retirement, there are no rote financial moves that should be made before or during this phase of life, and no universal truths about the retirement [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:30-04:00May 2nd, 2013|IRA, Retirement, Saving & Budgeting, Social Sercurity Planning|Comments Off

Building An Emergency Fund

BUILDING AN EMERGENCY FUND Creating a financial cushion for stressful times. How would you respond to sudden financial demands? We all define “emergencies” differently, but we are not immune to them. How can we plan to stay afloat financially when they occur? Most households are not financially prepared for an emergency – not even close. A recent study from the National Foundation for Credit Counseling found that 64% of Americans had less than $1,000 in funds earmarked for a [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:31-04:00January 25th, 2013|Financial Fitness, Personal Finance, Saving & Budgeting|Comments Off

Bad Money Habits to Break In 2013

BAD MONEY HABITS TO BREAK IN 2013 Behaviors worth changing for the New Year. Do bad money habits constrain your financial progress? Many people fall into the same financial behavior patterns year after year. If you sometimes succumb to these financial tendencies, the New Year is as good an occasion as any to alter your behavior. #1: Lending money to family & friends. You may know someone who has lent a few thousand to a sister or brother, a [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:31-04:00December 6th, 2012|Financial Fitness, Personal Finance, Saving & Budgeting|Comments Off

Big Spenders vs. Big Savers

Who would you rather emulate? You stand at your window and look across the street. Nice house, you think. Nice landscaping. Nice sports car. Nice driveway. New bikes for the kids. Wow, your neighbors are really well off. If only you had that kind of money. That plain home down the street with the older model sedan parked out front pales in comparison. A couple in their seventies lives there, and the front yard hasn’t been spruced up in a [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:32-04:00November 1st, 2012|Personal Finance, Saving & Budgeting|Comments Off

How Much for this Lamp? A Garage Sale Primer

How Much for This Lamp? Tips from the Garage Sale Millionaire By Susan Johnston June 11, 2012 Aaron LaPedis threw his first garage sale at age seven and has been buying and selling items ever since. In fact, he made his first million dollars by "flipping" garage-sale findsand used that money to open an art gallery in Denver. This "garage sale millionaire" writes a monthly column for The Denver Post and hosted a PBS TV show on collectibles. Wiley releases [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:33-04:00June 15th, 2012|Personal Finance, Saving & Budgeting|Comments Off