Personal Finance Tips | Recap May 2019

Every Tuesday, we tweet personal finance tips to help you achieve your financial goals. Click here to follow us on Twitter.

Below are tips we tweeted last month. Click on each tip to view the source.

Break your habit of shopping emotionally by setting guidelines for your purchases – use a list and create a maximum limit for things you buy now vs waiting several weeks/months to purchase.

Your plans to work longer may be hampered if you become disabled – address this situation when you develop your comprehensive financial plan.

Discuss with an elder law attorney Medicaid eligibility for your parent if they can’t afford to pay for their long-term care services.

Keep the cost of divorce low by discussing and agreeing on how child custody, finances, and assets will be divided before hiring an attorney or mediator.

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One of the 5 P’s of Life is “Personal Finance” – your money. While money isn’t everything, it helps you achieve the lifestyle you want to live.

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About Us: 

Transition Planning & Guidance, LLC, (“TransitionPG®”) looks at all aspects of life using the 5 P’s of Life – personal relationships, personal finance, profession, peace of mind, and physical health. While money helps you achieve many goals, it’s not the only thing to consider when developing a financial plan. Our mission is to help you define and achieve your financial, personal, and professional goals – especially during life transitions. Through our planning services and guidance plans, you take control of your money and life.

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