Health care costs are rapidly emerging as a major expense item both before and during retirement. So how can you prepare a budget for health care costs in retirement? A PERSON’S HEALTH REALLY IMPACTS THEIR RETIREMENT SPENDING. Health status: There are controllable and non-controllable factors; Impact: Our personal choices impact our health – nutrition,
Paul Fain, president of Asset Planning Corporation recently joined Brittany Bade at WBIR television for a Q&A discussing your New Year’s Resolutions. Starting a budget consistently ranks near the top of New Year’s Resolutions. But we all know what happens next…more than 70% of New Year’s Resolutions are abandoned within 2 weeks! How can you
Experts say a fully-funded emergency fund is 3-6 months of personal expenses set aside. But, you have to start somewhere and every little bit will help. Certified Financial Planner Paul Fain appears on WBIR Channel 10 to share insight on why American’s are in, what experts are calling, a financial crisis. Click here to see
Knoxville Certified Financial Planner, and President of Asset Planning Corporation, Paul Fain shares some quick and easy ways to stretch your budget as far as possible.
Penny-Pinching Consumers The economy has spurred Americans to save money any which way they can. Here’s where we’re pinching pennies: Purchasing more generic brands 63% Brown-bagging lunch 45% Going to the hairdresser or barber less 39% Cancelling one or more magazine subscriptions 33% Cutting down on dry cleaning 22% No longer purchasing morning coffee 21%
Welcome! Welcome to the first issue of Smart Spending! Based on our client conversations, APC is launching a newsletter specifically targeted to provide information and ideas on better budgeting, goal setting, money psychology and, well, smarter spending decisions. As always, we welcome and encourage any feedback or ideas for specific questions that we can address