Blog




Advice For Life | Atlanta's Financial Planning Blog


Sometimes You Should Retreat Before Pressing On

Wednesday, February 01, 2017 Bookmark and Share

Before modern military tactics were developed, it was common for the General to move to an elevated position to observe the battle. Typically, soldiers fighting face-to-face with their enemy were so focused on survival that they lacked perspective on whether they were winning or losing until the battle was over. The General’s view, however, prompted adjustments to increase the likelihood of victory.  


Prince, Pauper or In-Between: How Long Can You Live On Your Savings?

Thursday, February 19, 2015 Bookmark and Share

If you lost your job, could you cover your bills?

When consumers were asked that question in a survey this year by RetailMeNot, the discount coupon site, nearly half (48%) confessed that their savings would last for just one month.

At the other extreme, those with an emergency fund (52%) estimated it would tide them over for eight months without any additional income. The root of this great savings divide may be simple: Many people just don’t know how to save. And, almost half (49%) of the surveyed consumers lacked confidence in their understanding of their personal finances.

But learning how to save isn’t difficult.

“I started very young with my kids—about 10 or 12—teaching them the value of saving money now to prepare for their future goals,” says Michael, a physician at the University of South Florida. He’s used his financial knowledge to advise healthcare organizations, as well as his family, in the importance of saving. “You don’t have to be rich to save,” says Michael, noting that anyone with an income can stash away a substantial cushion—if they follow some common-sense advice.  


Never Miss A Post


Search


Recent Posts


Tags

Toys For Tots Travel Trent Adams Top 25 Atlanta Financial Planning and Advisory Firms Vacation High Frequency Trading Joe Gunther Ethical Wills Gaynes Capital Management Independent Financial Planners IRA Advisor Talk Business Owners Favorite Things Insurance College Funding Doctors Lounge Milestone Investment Management Atlanta Journal Constitution Holiday Gift List Photo Gallery Hank Cleare Berlin Candy Bomber Retreat 2014 Searcy, Weems-Scott & Associates Video Divorce Karen Lee Stock Market Mark Smith Investment Planning Bonnie Whyte Advisors National Aging In Place Council Aging In Place Relationship Basics Women Per Stirpes Mosaic Capital Management Connie Weems Scott Risk Management How To Save Kids Join Us Veteran's Days Identity Theft The Brain Trust Boomerang Kids Al Searcy Investors Nest Egg DFA Legacy Planning LPL Advisors Jerrí Hewett Dimensional Funds Advisors Don Patrick Josh Donley Economic Commentary Consortium Investors Almanac Social Security Karen Lee and Associates Retreat 2017 Mike Irvin Atlanta Financial Planner Women Investors Jerri Hewett Miller Retirement Morris Shank Health Care Consumer Debt Distribution Planning 401(k) Wall Street Brain Trust Small Business Saturday David Crew Land Bridgers Financial Outlook Wills Michael Stone Mickey Stokes Financial Planning Top Workplace 2015 Company Culture Retreat 2016 Father's Day Taper Eugene Fama Wealth Horizons Angela Rehkop Conferences Bull Market Denny Roodman Investing Five Star Wealth Managers Relationships Integrated Financial Group Thanksgiving Taxes Small Business Long Term Care Financial Strategies Group David Gaynes Steve Callaham LPL Financial USMC Estate Planning Financial Goals Election Mother's Day New Members Sandra Salem 2013 Taxes Retirement Planning

Archive








    TOP 25 FIRM
    2004-2016

    Chosen as one of Atlanta’s
    Top 25 Financial Planning & Advisory Firms
    based on assets under advisement.


    RANKED #4 SMALL COMPANY TO WORK FOR IN ATLANTA





    Copyright ©
    Integrated Financial Group. All Rights Reserved.

    DISCLOSURE: Securities and Advisory services offered through LPL Financial, a Registered Investment Advisor. Member FINRA/SIPC. Advisory Services may be offered through LPL Financial, a registered investment advisor or IFG Advisory, LLC, a registered investment advisor. Integrated Financial Group and IFG Advisory, LLC are separate entities from LPL Financial. The LPL Financial Registered Representatives associated with this site may only discuss and/or transact business with residents of the following states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, DC, Florida, Georgia, Idaho, Illinois, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, West Virginia, Wisconsin.