Financial Fitness - North Light Financial Services

Protecting Yourself While Shopping Online

Protecting Yourself While Shopping Online What steps should you take? Whether you shop online routinely or infrequently, the risk of identity theft rises as you offer more and more information about yourself online. Don’t use a debit card, and use only one credit card. If your debit card gets hacked, the thieves may be able to access your bank account. But if you use just one credit card for online shopping, you’ll just have one card to cancel if your [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:29-04:00May 31st, 2013|Financial Fitness, Personal Finance|Comments Off

IRA Contribution Reminder

IRA Contribution Reminder Here’s an important reminder: April 15 is the deadline for funding your IRA for 2012. (If you have a SEP IRA, you have until October 15 if you filed an extension on your personal tax return.) You may contribute up to $5,000 to a traditional IRA or a Roth IRA for the 2012 tax year. If you were 50 or older in 2012, your contribution limit is $6,000. (If you own multiple IRAs, your total IRA contributions [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:30-04:00March 28th, 2013|Financial Fitness, Investing, IRA|Comments Off

Building An Emergency Fund

BUILDING AN EMERGENCY FUND Creating a financial cushion for stressful times. How would you respond to sudden financial demands? We all define “emergencies” differently, but we are not immune to them. How can we plan to stay afloat financially when they occur? Most households are not financially prepared for an emergency – not even close. A recent study from the National Foundation for Credit Counseling found that 64% of Americans had less than $1,000 in funds earmarked for a [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:31-04:00January 25th, 2013|Financial Fitness, Personal Finance, Saving & Budgeting|Comments Off

Bad Money Habits to Break In 2013

BAD MONEY HABITS TO BREAK IN 2013 Behaviors worth changing for the New Year. Do bad money habits constrain your financial progress? Many people fall into the same financial behavior patterns year after year. If you sometimes succumb to these financial tendencies, the New Year is as good an occasion as any to alter your behavior. #1: Lending money to family & friends. You may know someone who has lent a few thousand to a sister or brother, a [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:31-04:00December 6th, 2012|Financial Fitness, Personal Finance, Saving & Budgeting|Comments Off

Why It Is Wise to Diversify

WHY IT IS WISE TO DIVERSIFY A varied portfolio is a hallmark of a savvy investor. You may be amused by the efforts of some of your friends and neighbors as they try to “chase the return” in the stock market. We all seem to know a day trader or two: someone constantly hunting for the next hot stock, endlessly refreshing browser windows for breaking news and tips from assorted gurus. Is that the path to making money in [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:31-04:00December 6th, 2012|Financial Fitness, Investing, Personal Finance|Comments Off