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What's the most important step you can take in 2006 to improve your personal finances? If you're not sure, here are some suggestions from financial planning experts around the nation.
Ted Beck, president and chief executive of the National Endowment for Financial Education, a nonprofit organization based in Englewood, Colo., that specializes in personal finance education:
"We believe there is no time like today to prepare for tomorrow. This means making the commitment to allocate as much money as possible each month for retirement, and then following through on that commitment - by participating in a 401(k) or other retirement plan, or increasing your contribution to such a plan. Whether you think of it as 'paying yourself first,' 'investing in your future,' or 'another type of spending,' the day will come when you appreciate having made this commitment. And, no matter your age, it's never too early or too late to start!"
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What's the most important step you can take in 2006 to improve your personal finances? If you're not sure, here are some suggestions from financial planning experts around the nation.
Ted Beck, president and chief executive of the National Endowment for Financial Education, a nonprofit organization based in Englewood, Colo., that specializes in personal finance education:
"We believe there is no time like today to prepare for tomorrow. This means making the commitment to allocate as much money as possible each month for retirement, and then following through on that commitment - by participating in a 401(k) or other retirement plan, or increasing your contribution to such a plan. Whether you think of it as 'paying yourself first,' 'investing in your future,' or 'another type of spending,' the day will come when you appreciate having made this commitment. And, no matter your age, it's never too early or too late to start!"
more Insurance & Financial Planning.....
posted by Mark at 2:44 AM
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