One of the 5 P’s of Life is “Personal Finance” – your money. While money isn’t everything, it can make achieving the lifestyle you want easier. Every Tuesday, we tweet personal finance tips to help you achieve your financial goals. Click here to follow us on Twitter. Below are some tips we tweeted during June.

Swap financial responsibilities with your spouse every few months in order to learn about your finances.

For retirement include costs for home improvements as your mobility declines (chair lifts, wider doorways, walk-in tub).

If you’re making upgrades to your home so it can sell, be mindful of your budget – you may not recoup those expenses from the sale.

Before signing a reverse mortgage, read the details – you are still responsible for paying taxes and insurance.

If you’re getting married this year, remember to change your tax withholding at work.

Follow us on Twitter for personal finance tips every Tuesday. References for our personal finance tips are listed below – click on the title to go to the link.

 

REFERENCES:

4 Ways To Rebuild Trust After Financial Infidelity

Stay in your home or downsize

5 Home Upgrades That Just Aren’t Worth It

Don’t be misled by reverse mortgage advertising

IRS Summer Wedding Checklist