2.Save as much as possible for your retirement.
3.Pay extra toward your mortgage payment so that it's paid off by the time you retire.
4.If your children are all adults and physically able to provide for themselves, don't pay for them or their things.
5.Reconsider life insurance. This may be one expense you know longer need. (Do not stop your coverage if you have people who depend on you and would not be taken care of financially in the event of your death. Or if you have an extremely large estate and need the policy to help pay for estate taxes in the future make sure you keep it. If you aren't sure, consult a professional financial planner that would receive a set amount fee and not one who would benefit from a decision either way.)
No comments:
Post a Comment