Should you pay off debts or invest?
FINANCIAL FOCUS Should you pay off debts or invest? Some financial decisions can be challenging — like whether to use your money to reduce your debt or to invest. If you already have a significant amount of debt and not a lot in savings or investments, it can be hard to figure out which issue should be a priority. There’s no simple answer, and everyone’s situation is different, but here are a few suggestions for helping you make a good choice: • Evaluate your cash flow. If you already have enough
Financial Focus: Questions to Ask Your Financial Advisor
FINANCIAL FOCUSQuestions to Ask Your Financial Advisor You should always be able to ask as many questions as you’d like when working with your financial advisor. So, before you have your annual review, think carefully about what you’d like to ask. Here are a few suggestions:• Are my goals still realistic? When you first began working with your financial advisor, you may well have articulated several financial goals. For example, you might have said that you wanted to pay for most of your children’s
