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Never Overlook the Importance of a Budget For Sound Financial Planning

Key Takeaways:

  • The rising costs of fuel, groceries, housing, healthcare and other day-to-day necessities have left many workers feeling particularly vulnerable – particularly those on a fixed income.
  • TKSmartworth points out the three key ingredients to help keep personal finances on track.  1.     Building a realistic budget2.     Preparing to pay taxes and plan ahead3.     Managing credit smartly including understanding the best sources for credit; credit cards, credit scores and mortgages
  • For those on fixed incomes especially older adults, the biggest fear was running out of money as fixed income buying power shrinks against the cost of daily living increases over time.

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ABOUT TOM KUTZEN:

Tom has more than forty years of experience in many markets, managing banks, portfolios, risk and product development. He has established new markets in emerging countries, served as a consultant for countries in developing markets, advised financial institutions, developed and defeased financing for public housing, built new capital markets in Asia, served on the Asset and Liability Committee for banks, managed risk desks and portfolios. Blending the experience of Treasury management in banking, risk management and economic theory with a focus on finance to improve capital markets, Tom has made a direct and positive impact on both emerging and developed economies.

Tom is now sharing his years of experience in the capital markets with individuals and organizations outside the financial services industry to help them develop the skills necessary to further their own financial education and economic success.

Contacts:

Janet Bartucci
917 297-0461
janet@janetbartucci.com

Source: TKSmartworth

Distributed by: Reportable, Inc.

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