The current economic environment has caused most everyone to reconsider their personal finances with many people having to drastically change their spending and savings habits. Out of this economic malaise may come an opportunity to finally instill the right habits in your teens that can carry them into adulthood on the right financial footing.
Investments can play a key role in any financial plan. For individuals, a mix of investment products, income and pension plans can help pursue short- and long-term goals.
A confident retirement plan will emphasize qualified plans and personal savings as the primary sources with Social Security as a safety net for steady income.
Saving For College
As the cost of a college education continues to rise, outpacing the rate of inflation, it is becoming beyond the reach of many people unless they have planned early on. For people starting a college savings plan today, questions arise as to the best way to save.
Lamar Hudson has been helping people pursue their financial goals since 1987. His key to success is the personalized approach he takes in assisting clients with services ranging from retirement and estate planning to financial planning, also insurance planning and portfolio management.