Tax & Estate Planning

What On Earth Is A Fiduciary?

DEFINE Recently, my significant other opened the idea of discussing about whether it is worth getting a fiduciary and a financial adviser. I focused on the former. A fiduciary’s duties and responsibilities goes beyond directing the individual (i.e., beneficiary) to his or her financial goals. The fiduciary acts for or on behalf of the beneficiary in certain circumstances. This is a bond established by utmost confidence and trust. A fiduciary is either a person or an organization who has the

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Lifestyle

How To Make A Financial Vision Board

Consumed by the demands of your daily life, it is easy to lose track of the bigger picture. What are your financial goals? What are your dreams made of? A simple representation of all your hopes, dreams, and goals is a Vision Board. A Vision Board helps you to clarify your financial goals to enable you to achieve them. Its mechanism is powered by the idea that if we put our desires out there, the universe will be able to

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Marriage & Family

Are You On The Same Page About Money As Your Partner?

As a couple, discussing about finances can be a hard pill to swallow. After all, money is a common source of issue in martial relationships. It is not something you discuss casually without emotional attachments. Whether you like it or not, being transparent about your finances is essential in building a strong relationship. Talking about money increases understanding and facilitates cooperation as you work on the same financial goals. You and your partner probably would not get too in-depth about

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Personal Finance

Debunking The Myths On Frugality

Do you seek to attain financial independence? Well, you may consider taking “frugality” at heart. Frugality is the quality of being thrifty, prudent, or economical in the consumption of consumable resources (e.g., food). This quality is embodies while avoiding waste and extravagance. For people who are mystified by this term, keep reading along. MYTH #1: FRUGAL PEOPLE HAVE NO CHOICE For a fortunate number of people, frugality is a choice. They see frugality as a method to create a strong

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Marriage & Family

Bad Money Habits That You Need To Drop When In A Relationship

Maintaining a healthy relationship with your significant other entails stabilizing the disposition of your finances. Read thru this article to know how bad monetary habits can potentially harm your relationship. Furthermore, you will get an idea on how to conquer these habits. #1: AVOIDING FINANCIAL CONVERSATIONS A healthy long-term relationship is built on trust and transparency. As things get serious with your partner and marriage becomes a viable option, consider discussing about finances. You need to resolve your potential spouse’s

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