The backbone of a successful financial life is a combination of planning for the future and budgeting in the present. Over time your plan will change as your income (hopefully) increases and the shape of your family transforms. Things are much different for newlyweds in their late-20s than the … Read More
Family & Finances: Planning In Your 30s and 40s
At Magellan Financial we believe in the power of planning. We also know that most people don’t start seriously considering an investment plan until they enter the fifth decade of life. It is much easier to envision retirement, a concept that is hard to grasp when you are in your 30s or 40s, once … Read More
Family & Finances: Creating a Household Budget
Over the course of our education we are taught many things that will help us in whatever our chosen career – grammar, history, biology, and mathematics to name just a few. In many school systems there are courses available that teach us life skills. Home economics comes to mind as does balancing a … Read More