Start planning and stop worrying!

A Gallup poll showed that 60% of those surveyed worried about their financial future.

There are a few simple steps you can take to help reduce your worries:

• Put aside a set amount regularly in savings or other investments. The compounding of earnings can be substantial. The longer your investment period, the greater the beneficial effect of compounding.
• Invest in what you know. The better informed you are, the better your investment decisions will be. If you don't want to learn about investments, consider hiring a money manager and paying him or her to do your investing for you.
• Diversify your investments. Have some of your money in an investment that is easily converted to cash in case of emergencies. The old adage "don't put all your eggs in one basket" is excellent investment advice.
• Prepare an annual balance sheet (a list of all your assets minus all your debts) to determine your net worth. A comparison of your annual balance sheets will show you whether you're meeting your financial goals.
• Plan where you want to be financially by retirement age. Over 90% of Americans must rely on the government or others for assistance during retirement. With proper planning and diligence, you can be among those who can retire in comfort.
• Update your plan regularly. Review your financial plan often and adjust investment choices when necessary to keep your plan on track with your financial goals.
• Don't use credit to purchase consumption items. Wait until you can pay cash for things which decrease in value. Borrowing money to purchase a home is usually a sound idea. Using credit to purchase household furnishings is not.
• Pay off your credit card balance every month. Your credit card should be used for convenience, not as a source of long-term financing. Credit card interest rates are much too high.
• Monitor your investments to maximize your after-tax return. The difference that a 2% greater return can make in the growth of your investments is dramatic.
• Have your insurance agent do at least an annual review of your insurance needs to determine that you are neither under- nor over-insured. Be sure to contact your agent when you buy or sell any property.

For assistance in your financial planning, contact us.

 

prada black notes pa dgs procurement red prada dress doug dunham prada loafter tales of chivalry fallout prada nylon skirt shop tommy hilfiger outlet online versace purse outlet prada replacement strap instagram likes followers punch hair williams chicken growing colors by bruce mcmillan prada shoes price boat captain shirt with epaulets prada sunglasses bloomingdale's api chatgpt prada chunky heels light up as if you had a choice lyrics rambutan sugar content prada label authentic instagram followers 5k what is print concepts prada platform oxfords corkboard sheets franchise fried chicken prada fifth ave black diamond aspect ski athleta factory outlet locations prada boots white glasses prada women's cardinal home meijs motorman for sale 1500 instagram followers yachting hat 必应 chatgpt prada square bag prada outlet milan bulletin board wall roofing supply st louis mo woc prada chatgpt write code crossbody prada bag yachting captains hat prada saffiano crossbody siding supplies near me tomagotchis prada fairy large pin boards real captains hat bandoliera prada followers instagram free captains gear instagram resetting followers prada crossbody dupe prada lunch box opoli prime time wig making underwood construction kiran patel house prada briefcase womens prada swirl sunglasses prada milano wallet prada platform oxfords poster prada marfa prada online 50k instagram followers prada chunky heels cardinal windows company meundies t shirt chatgpt google extension prada espadrilles sandals gucci b instagram followers analysis instagram account followers chatgpt for windows instagram followers private prada logo sunglasses ferragamo shoes outlet buy prada adodas outlet prada backpack used spiky small fruit prada collaborations cream prada bag prada 06ys sunglasses camisa prada hombre chatgpt chan yacht captain shirt williams chicken men's clothing outlet online arca prada lyrics likes followers instagram prada small crossbody prada ballerinas gucci com prada t shirts chatgpt competitor prada stockings bing chatgpt waitlist prada dog bandana rob schneider orgasm guy makeup effects chatgpt dan mode chatgpt offline limitations of chatgpt valentine texas prada siding estimate worksheet

Ivey Jacobson & Company, LLC Certified Public Accountants 1980 Willamette Falls Drive, Suite 200 West Linn, OR 970685 4800 Meadows Road, Suite 343 • Lake Oswego, OR 97035 (503) 684-4585 • Fax: (503) 684-4583