What's Your Relationship status With Money?

Are you committed? Oh, this is really a confusing question. Let me make it clear for you. How is your relationship with money? Are you a spendthrift or a skinflint? In this challenging life, you have to take some really smart financial decisions. Life is unpredictable, you never know when the cash flow in your account stops abruptly and you have to search new ideas to earn a simple living. This is the harsh reality of life, you are not aware of the future. So, before you lose everything in an unexpected situation, you must take your relationship with your money more seriously.

You don't have to get scared reading the above statement about life, but it will be good if you plan your life in a more secure manner. Discussions and decisions related to money are not always harsh and bitter. You can have fun, fulfil your dreams, meet your expectations, reach your goals with this money. It is how you maintain a balance in your financial relationship. You must be wondering, what is this relationship all about. It is your ability to handle the drastic phase and enjoy your life without making any financial mistakes.

Making money is easy, but managing it in the right way is really tough. You can work overtime in an office or take a freelance project to earn those extra Pennies, but keeping this money safe for an emergency need and utilizing them at the right place will calculate the success rate of your relationship with money. Do you save or spend extravagantly from your monthly income? A financially secure man will not worry about his account balance, but he will definitely build a safety net with his savings. Saving the income of 3 months is really important to combat any unforeseen situation without affecting your nest egg.

Start your savings with less amount. Don't worry, you don't have to sacrifice your dreams for that. Small contribution can also make a huge difference. You might feel pessimistic about this idea of saving a small amount, but after some years you will be surprised to see the rise in your nest egg with these contributions. It is never late to plan your retirement. Set a goal and start saving today. Having a healthy relationship with your money can benefit you and your family.

Guide Your Family Members In Their Money Problems

Money problems are for everyone, especially those who have not planned wisely or have not followed their plans whole heartedly. Today, everyone is struggling hard to secure a safe position, and have a strong financial base to ensure their stability. So many of you would be facing the issues related to the finances, but most of you have got the taste of the financial downturn, and have figured out the way to tackle such situations. I would like to focus on something here, if your family member is facing difficulty in dealing with these financial problems, then you can act as an angel in their life. You definitely don't have to give your savings, but you can share a piece of advice which can help them sail their sinking ship of finances.

You can make some positive changes in the lives of these troubled people by showing them the right direction towards financial independence. There isn't any problem in suggesting something to a family member who is willing to take an advice, but stay away from the snappy person, who will blame you for the losses.

Always suggest them to cut their extra expenses that are irrelevant and unnecessary. Help them in saving their money rather than spending on movies, shopping and entertainment. They can reduce their outings, and cut their expenditure on lavish restaurants and clubs. This can be managed if you suggest them the less costly outlets for partying and hangouts.

If they are seeking a useful advice from you, then don't hesitate keeping a check on their finances. Don't impose your decisions on them, but stay polite and keep a friendly tone while suggesting something, else the situation can become quite uneasy. Financial matters are quite tricky, they must be handled with care, so are the relationships. You have to choose correct words to make them more comfortable with you in sharing their mistakes. Just encourage them and half the battle is won. They will open up with you on their negative points and you can easily analyze their situation.

Trust me it is an awesome feeling to save someone from their money troubles, and especially if that person is your family member. If you are going to do something like that, then these suggestions can make you a better advisor and educator. All the best with your consultation: - Tony Wiley Chicago

An Insight To Effective Investment Planning: Tony Wiley Chicago

You have to consider a lot of things before planning your investments. These are not the decisions which can be taken in fractions of seconds, there are various steps involved in it. Evaluating the market condition, cost involved in getting the returns, exit policies, and much more. So, here are a few things which will help you in investing your money more effectively.

Always prioritize your needs. When you plan to invest, you have to be ready to take a lot of hard decisions in life. Your lavish expenditures, and easy life will take a break, and you will have to limit your budget. The best way to do that is to create a budget plan, keeping in mind the unavoidable expenses. This process will clear the picture of your financial state, and you can easily identify the goal you want to achieve through this investment planning.

You must always be prepared for the emergencies. People fall short of money in the time of need, so always keep some cash for such situations. Keep this amount safe in your bank account, so that you don't use that in your daily expenses. Also, change your habit of easy spending, only then you can save this money in case of the worst situations. Clear your debts as soon as possible. Don't let these, put extra burden on you while you will be making other investments.

After following this plan you will understand how to manage your expenses more effectively. Some other ways that can help in saving your money is the recurring deposit, where a fixed amount will be deposited in the RD account from your monthly income, else you can also choose to open a fixed account to safeguard your financial condition in case of emergencies. You might have seen people investing most of their money in the insurance plans. These are actually the best ways to save your tax payouts, and saving a good amount of money for your future income.

Follow these thumb rules of investment planning, and enjoy your life smoothly. It is not rocket science, you just have to take some smart decisions to get a stable financial position in life. For more financial knowledge visit Tony Wiley Chicago. 

Health Insurance Agents

We all need health insurance as the benefits associated with it are really effective. While taking a decision to purchase an insurance plan, we go through a lot of websites, talk to numerous people, and take endless advises. Even after spending months on conducting this search, we stay away from a correct source who can help in picking the best health insurance policy. The reliable sources mentioned above are the health insurance agents. Most of the times we avoid consulting these brokers or the middlemen for purchasing the health coverage, but it may be a good idea at least consulting them to get a good piece of advice.

You must know that the agent earns only when his clients appreciate his work. For him, this is the true source of earning money. He has to work in your favor instead of the company to flourish in his career. After all you spread a good word about his work to the people who are looking for a similar advice. This publicity can definitely be helpful in getting more potential customers.

The best thing hiring a health insurance agent is that he is a professional, and you are not. He has a good experience of dealing with the clients, so he can obviously understand your requirements. He will help you in choosing the right policy knowing your budget. With his quality advices, you can take a decision more quickly. There are so many insurance providers in the market, so choosing the best out of them can be a task for you. But, these agents are aware of the system as well as the reliable providers which can benefit you and your family. Also, the agent will give you some important information about the insurance company which cannot be obtained by an outsider.

Don't worry about the extra expenses of the agent's commission, because you will save your time and money by consulting him. So, the next time you shop for a health insurance policy, make sure you find a dedicated professional who can help you in choosing the best deal easily, and guide you throughout in this complicated process.

Select A Financial Adviser By Asking this

Selecting a financial adviser is a critical task, after it involves trust, reliability and credibility. The decisions taken by your financial adviser can make your future financially stable or can completely devastate your plans. Keep yourself safe by choosing the right person who can craft a roadmap for achieving your financial goals.

Most of the people who understand the need of a financial agent do not realize that this search involves a lot of research. You cannot just count on anyone for this, it is necessary for you to know what questions to ask.

You can easily get convinced by the intellectual marketing campaigns, lavish offices, and super attractive advertisements, but that's not enough. You have to test a lot more things, than just drooling over these flashy marketing stunts. They are just trying to sell themselves, and the aim is to crack the best client. You definitely don't want to be a prey to the unreliable adviser, who is just wooing you with his spectacular investment product. You need a quality advice from a person who works in your interest always.

Here are a few questions you must ask the financial advisers before getting them on board with you. How much experience does he have in serving as a financial adviser to his clients? Now, there is a catch in this, we are not talking about the years of experience as a financial adviser, but we are concerned about serving years to the customers. Are you a certified financial planner or a charted financial consultant? For your information, an adviser who is certified will decrease the risk factor involved with your money making plans, because these credentials will reflect his experience and training that is vital for reaching your financial aim. You can also ask him about his training background, and how many years he has spent training.

What is his work history? You must know where he has served in his professional career, and if there are firms in the list which are familiar to you. If you have come across a really experienced person, then do ask him about the written financial plans he has created so far for his clients. Even though you are not bothered about any written plan, you must be sure that he knows how to create one for you.

Now, interview the person keeping all these questions in mind, as you need to have complete confidence in the person you are hiring as your financial adviser.

Carefully Choose Your Financial Adviser

Financial planning is a huge concern for every age group. Whether you have just entered into a job, or you have served some good years working, one thing will always disturb you, and that is the secure planning of your future finances. You might have been advised by your peer group to manage your finances yourself to save the fee of the adviser, but trust me it is not so easy to manage everything with incomplete knowledge. You can take care of the investments, but what about the other areas like any property dispute which would definitely seek a professional scrutinizing? Think about it again.

If you hire an adviser, he will not just pick bonds or stocks for you, but he will chalk a complete investment plan that would benefit you in the future, and you can get maximum benefit from his experience. For this job, he will definitely charge some fee, but if you are getting good returns on his investment ideas, then what is the big deal paying some commission for it. But, it is not that easy. You have to be extra careful while choosing the best financial adviser (Tony Wiley, Chicago)for you, who will actually work for your interest, and not for anyone else or himself.

You must make sure that you're always updated about every step. Most of the advisers act as a middleman between a client and the other investment advisers. Don't fall in the trap of such people, and be extra cautious in choosing the reliable investor. A genuine agent will get an approval from you on every transaction, and then he will take another step towards the set goal. Always be sure of the person's track record. You can also ask for a list of clients he has been working for, and can consult them for a safe investment. Never gamble upon a person with little or no experience, even if he is a registered adviser. An experienced person will be more skilled to take you out from any crisis situations, and he will be more adept with the formalities and laws. He is legally bound to act in your best interest, so you can drag him to the court if things go against you.

In short you need an adviser who will do everything possible to get you in a healthy financial state.

Start Planning Your Investments

We all work for a financially free life, and a prosperous future. The efforts you put in for a stable living will go waste, if you have not planned your investments. Learning investment planning is not rocket science, so if you are worried about your less or no knowledge about the financial decisions. You just need to chalk a plan of the finances you have and aspire to have in your future years. Obviously, you can't be just contented with your present job and a good salary, because it won't stay forever life. Some day you will decide to retire, and then what should be, will be your source of income? Worried? Don't be! I told you this is not rocket science, even you can have a financially stable life with smart planning.

Heard of investment vehicles? These are the mediums of generating income from your existing income. Well, let's discuss about this in detail. You might have seen your friends and relatives investing their money in various places, like stocks, bonds, mutual funds and a lot more. These tricky terms can create confusion in your head, but don't worry you can also play with them once you start studying them. The most important thing I would like to focus on is that if you have no idea about these things, then start your research now, but if you think that the risk involved in investing money is bigger than making money, then you are at a wrong turn. Let's bring you on the right track.

First know your financial status, and decide your goal. Once you fix your financial target, see how much time you will take in achieving that aim. If you are looking for a financially free future, then you would obviously want to have a definite income, even after you stop earning. This can happen only if you have achieved your aim. You can start getting passive income after a few years of making a concrete investment. Just remember that if you want a regular income without a job, you have to let go of some money from your account. Don't be scared, just be cautious.

Investments are not risky, it is just the people who are right or wrong. Anyone can fool you if you are not aware of that subject. So, before you decide to invest some money in any of the investment vehicles, research deeply about it. If you have decided to purchase a property, then you must know if that investment can actually give you profits in the coming time. 

You don't need a high salaried job to be stable, all you want is a smart plan for getting returns without a job.

Tony Wiley Chicago

He hails from an educated background, so naturally he is equipped with great knowledge. He is definitely a rare breed who belongs to the community of sharp and intelligent people. The certified financial educator and adviser, Tony Wiley, who attended Loyola Academy and Wilberforce University has twenty five years of experience in giving solutions to the financial problems of his clients.

Started his career with Drexel Burnham Lambert, Tony has worked with some renowned organizations like Lehman Brothers at a post of vice president, and at Wachovia Securities as a senior Vice President. Apart from this, he has worked with several other investment banks of America, and some well known brokerage firms. This experience has given him an edge over his competitors, and today he is one of the most successful financial advisers in the United States (Chicago).

Tony believes in keep helping his clients to a level that they have a strong monetary base, and they keep on growing financially. His expert advice has balanced the financial state of all those people fighting for a normal living. Whatever is the situation, he has always found a solution to all the problems of his clients. He believes in safeguarding the money of his customers because according to him, they deserve to keep every penny of what they have earned with so much of efforts.

Working as an independent agent for more than seven years now, he is licensed to sell life insurances and annuities. He is an all rounder which means his job does not end upon giving a financial advice to his customers, but he plans a concrete plan which can be beneficial to his clients in keeping his money safe and growing it with time.

The tennis player is extremely energetic when it comes to participating in sports events. Whenever he gets a break from his office, he loves sharing some time with his artist son. His involvement in various charity projects like Real Men Read project and The Black Star Project defines him as a noble man.