Posted on: 4/18/2022
8 Tips to Grow Your Savings (from my mom, Elaine) By Renee Leon I was fortunate to be raised by a quietly clever mother. At the age of 10, my mom, Elaine, learned to love saving money and the thrill of reaching a financial goal. She started saving money for her Christmas Club. By saving a quarter every week for a year, she was able to buy Christmas presents for her 6 brothers and sisters! My mom is also a very organized person who, once she commits to a goal, keeps it in her sights until she’s met it, no matter what. My sister, brother and I all were required to save a % of every paycheck as soon as we got jobs in high school. She started regularly investing a portion of our savings on our behalf and patiently explained where/how/why we needed to invest but I didn’t really grasp it. All I knew was that 1/3 of every paycheck was GONE and not accessible to me. Ever! Once I went to college and saw how much I’d “accidentally” saved and how it had grown&hellip ... read more
Posted on: 4/1/2022
April = TAX TIME! By Renee Leon April = TAX TIME! Along with laboring over our taxes, we are all faced with the reality of our financial situation - how it looks NOW and how it will look in 10, 15, or 20 years. Edgar and I have had many lively finance discussions with our good friend, customer, and First Command Financial Advisor, Sandy Wade, about various investing strategies. Today I’m sharing Sandy’s list of Top 8 Mistakes to Avoid in Pursuing Your Financial Goals. If you’d like a copy of the full, super-informative brochure from Sandy, you can contact her by clicking on this link: Sandy Wade: Financial Advisor in Aurora, CO (firstcommand.com). The brochure is a quick way to “check your work” and re-engage with your financial picture! Top 8 Mistakes to Avoid in Pursuing Your Financial Goals MISTAKE #1: RELYING EXCLUSIVELY ON YOUR WORKPLACE BENEFITS Workplace benefits are only individual pieces of a ... read more