David Lerner Associates: Sound Investment Strategies
Building a healthy investment portfolio requires some well-thought-out strategies and a smart investment mindset. It requires financial literacy. Whether you are a new investor or a seasoned veteran, here are some tips that could improve your chances of a creating a successful investment portfolio.
David Lerner Associates: National Entrepreneurship Week: Millennials vs Boomers
As America focuses attention on entrepreneurs this week, one of the troubling statistics is the slow decline of startups. Census data and other studies show that the number of companies less than a year old had declined as a share of all businesses by nearly 44 percent since 1978. As every entrepreneur knows, starting a new business can be very challenging. It requires talent, skill, and resources.
David Lerner Associates: How to Build an Emergency Fund
Creating a healthy emergency fund can be a lofty and intimidating goal. But in these uncertain economic times, such a fund is needed more than ever yet almost two-thirds of Americans are not prepared to for unexpected expenses.
David Lerner Associates: Five Common Financial Mistakes
Your current financial situation is a combination of every decision relating to money you have made in the past. If you are like most people, you have had very little or no coaching, so you are just learning as you go.
David Lerner Associates: How to Track Your Net Worth
Making financial progress involves keeping track of your net worth, even if knowing that number is of a reality check. When you know your net worth, you can set a realistic financial goal. In the digital age, tracking your net worth is less complicated than it once was.
David Lerner Associates: How to Retire Wealthy
If you are under 40, your most valuable asset is not youthful vigor or a full head of hair. It is time. Retirement is decades away, and contributions to a 401(k) or other retirement plan will have years to compound and grow.
David Lerner Associates: Your Financial Mindset and Stress
According to the American Institute of Stress, over 70% of people experience physical or psychological symptoms caused by stress. The cost of daily living; bills, kids, jobs... this is the stress we tend to ignore or push down.
David Lerner Associates: Financial Wellness Basics
Ask one hundred people, and you are sure to find that the great majority of them would agree. We all want more stable finances. We all want what is now being referred to as "Financial Wellness." We are not talking about the difference between wealth and poverty here. We are not talking about hand-to-mouth versus upper affluent income brackets. We are talking about a quality of life and a healthy financial life.
David Lerner Associates: Millennials and Financial Literacy
Millennials are exceptional in many ways - better educated than their predecessors, more ethnically diverse, and more economically active, but according to a study, even though they are burdened with student loan debts and economic uncertainty, Millennials know little about personal finance.
David Lerner Associates: Saving or Paying Off Credit Card Debt
At this time of year you will see many experts offering advice on how to set goals for 2016. Most of them lay out a plan to tackle all the aspects of your financial well-being. In the best of all possible worlds, this would be ideal. However, for many Americans it is more realistic to take on one goal at a time.