You don’t have to hire a professional to get your financial life in order. Here are steps for putting together your own financial plan. It’s not complicated or hard, it just takes some time and thought.
Not all financial advisors are equal. There are financial planners, wealth managers and brokers, just to name a few. Before you hire an advisor, determine which type you need and how they charge for their services.
When shopping for a mortgage, one of the things that lenders will look at is your debt-to-income ratio. If this ratio is too high, it may keep you from getting approved. Don’t take any chances — know your debt-to-income and take steps to keep it at a healthy level.
Congrats, grad: Your crazy student loans are coming due! How do you know which student loans to pay first? Attorney Natalie Bacon graduated from law school with $208K in student debt and — not surprisingly — has some thoughts on the subject.
About David Weliver
David Weliver is a nationally cited authority on Millennials and money.
His website, Money Under 30, provides approachable, nonjudgemental financial advice to over 500,000 young professionals every month.
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