Without knowing your current financial situation, or how much progress you’re making toward your long term goals, there’s no way to know if you need to refine your financial strategies
Bayside, NY (PRWEB) December 31, 2012
Personal Finance expert Walter Edelstein, CFP® is providing simple, and easy to implement banking advice and credit card advice that consumers can use to help get in control of their finances in early 2013. While it’s a good idea for consumers to stay on top of their banking and credit card accounts at all times, the new year is a great time to take steps to scrutinize these accounts to maximize savings.
Performing a regular financial audit from time to time can be quite valuable. According to Mr. Edelstein "without knowing your current financial situation, or how much progress you’re making toward your long term goals, there’s no way to know if you need to refine your financial strategies.
One key element of a personal financial audit is to evaluate current savings practices. Unless consumers have been able to save money, and have developed good habits for continuing to do so, it will be difficult to maintain any significant measure of financial stability. While it can be challenging to adjust to a new savings habit, it’s worth developing the habit. By jump starting savings in the New Year consumers will be able to improve their financial security for years to come. This article identifies key steps that should be taken to achieve that goal..
Advice on Making the Most of Your Credit Card in 2013
Many consumers start each New Year by making resolutions for improvement. These resolutions often relate to health or spending time with families. Another common type of resolution relates to matters of personal finance. Since credit card debt and spending is an ongoing problem for many individuals, improving credit card habits can be a great personal resolution for the coming year.
Reducing the level of credit card debt should likely be one component of a plan for the coming year, but there are also other elements of credit card spending and accounts that need to be considered. This article provides key insights on what actions to take.
About Walter Edelstein's TheAdvice.com Personal Finance Site Network
TheAdvice.com Personal Finance Site Network was launched in 2009, and since then has provided consumers with hundreds of free articles and financial tips across a broad array of personal finance topics. Several of the sites in TheAdvice.com Personal Finance Site Network include:
Insurance Advice – where consumers can find answers to many insurance questions including how to secure the right coverage for all home, health, life and automobile insurance needs.
Retirement Advice – where consumers can learn how to plan and navigate the path to the future beyond work, including 401K, IRA and Roth IRA information. Read how to develop a retirement plan or a pre-retirement plan that helps achieve individual long-term goals.
Mr. Edelstein has financial experience that spans over thirty years. It includes being a Certified Financial Planner™, having a Master's Degree from Columbia University, and having served as Chief Marketing Officer for a major online bank where he honed his online marketing skills to help consumers achieve their financial goals.
TheAdvice.com proudly reaches out with this network of personal finance websites to help individuals and families discover the path to financial knowledge.