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Financial Planning for the “Yacht-less”

Thursday, 11 April 2019

Financial Planning Isn’t Only for the Rich

Financial Planning for the “Yacht-less”

How are your finances? If that question makes you want to run screaming into the woods, good news, you're not alone! In fact, Americans, as a people, aren't very good at managing their finances. We've racked up $92 billion in credit card debt as of 2017 and 1 in 4 people report having more credit card debt than savings. We owe $1.5 trillion in student loans. On top of that 55% of people feel lost when it comes to long-term saving and stable financial plans. That adds up to a lot of people wandering the financial landscape lost and ill-prepared for the future. The good news is, this course can be corrected. This article aims to help get even the most confused or debt-laden onto a better financial path. Becoming financially stable is not only good for your bank accounts and bills, but it's also actually good for you - Mind and Body. Being in debt is stressful, it puts strains on relationships, makes it harder to buy homes, change careers, or recover from unforeseen life-events. On top of all that, being stressed about money is bad for overall health. On the flip side, financial security can be beneficial to your overall mental and physical well-being.


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