Tag Archives: Lisa Scherzer

Diagnosing your financial health

Source: 3.bp.blogspot.com

Usually, we can tell when we’re in financial dire straights.

We’re living paycheck-to-paycheck. We’re in over our heads on our mortgage. Bill budgeting has become a hassle but a necessity. Etc. etc. etc.

But, what there may be those out there who are on the complete opposite end of that spectrum. There may be those who have a magnificently clean bill of financial health. But how do you know if you’re one of those individuals?

There are certain signs, seven of them to be exact, that Yahoo! Finance’s The Exchange have compiled to figure out whether or not your finances could be given a squeaky clean bill of health.

“We spoke with a few certified financial planners to get their thoughts on what kinds of benchmarks people can use to gauge their financial health. One caveat: It’s important to note that everyone’s situation is unique and it’s not very useful to apply a blanket rule across all age groups,” writes Lisa Scherzer, The Exchange columnist.

So, what are these benchmarks?

What kind of signs should you look for?

Well, head over to Yahoo! Finance and find out.

Live within your means

Source: savingadvice.com

We’ve all done it.

Sure, it’s nice to spring for that new 62-inch flat-screen plasma television set, or spend a day out at the shopping mall, but before you do you should be asking yourself one key question — can you afford it?

Sometimes it’s difficult to stop and think about your financial situation when you have that dream buy standing right in front of you. Luckily, Lisa Scherzer of Yahoo! Finance has put together a list of a few signs that may indicate you are living beyond your means. Follow the link below to read on.

Source: Yahoo! Finance