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Lonnie E. Shipe, M.A.
Member Since: 1/26/2012
  
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Lonnie E. Shipe, M.A.   My Press Releases

“Life is like one big blueprint, if you don't make plans then your future will not be built” Rea Hayman

Published on 2/6/2019
For additional information  Click Here

Personal Finance Tips That Will Change the Way You Think About Money

We have certainly amassed a wealth of knowledge over the years covering the money beat, be it the dozens of “I got out of debt” success stories we have featured to the scores of psychological studies we have covered linking better financial decision making to behavior change.

So given that it is Financial Literacy Month, we have decided that there is no better time than now to share top money tips into one juicy, super-helpful read. From the best ways to budget to how to boost your earning potential like a pro, these nuggets of financial wisdom are as fresh as the day they were published.

How to Approach Investing

Pay Attention to Fees

The fees you pay in your funds, also called expense ratios, can eat into your returns. Even something as seemingly low as a 1% fee will cost you in the long run. Our general recommendation is to stick with low-cost index funds.

Rebalance Your Portfolio Once a Year

We are not advocates of playing the market, but you need to take a look at your brokerage account every once in a while to make sure that your investment allocations still match your greater investing goals.


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