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Learn Self-Control. If you're lucky, your parents taught you this skill when you were a kid. Take Control of Your Own Financial Future. Know Where Your Money Goes. Start an Emergency Fund. Start Saving for Retirement Now. Get a Grip on Taxes. Guard Your Health. Guard Your Wealth.

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A wise person should have money in their head, but not in their heart.” – Jonathan Swift

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Payroll errors can be costly for employers. Follow these seven helpful error-proofing tips for your time clock system to avoid costly payroll errors

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“To be an investor you must be a believer in a better tomorrow.” ~ Benjamin Graham

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To get wise advice for you retirement follow us on twitter 

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Effective time management strategy!

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To get more tips for your retirement follow us on twitter

The Millennial’s Guide to Retirement

Ok so you’re probably somewhere in your 20′s. Time to think about retiring! lol but seriously. It’s tedious to prepare and put money aside for something that will not happen for 20 plus years. The future you will THANK you, trust me. I’m a planner personality. I need a plan to start planning - yeah, that kind of gal. I just like the reassurance. I have this long end goal to retire by the time I am 45 years old. And it will happen. Personally I think we all should be able to retire at an earlier age. Retire doesn’t necessarily mean “stop working and sit on the the porch eating pastries off your Mackenzie Child china every day.” To me, Retirement means I am able to stop working for strictly the means of surviving. After my “retirement,” I plan on fulfilling my lifelong dream of building homes and taking on some bogus corporate job with a ton of benefits. Because ya know, I can’t JUST have one job. lol This is what I call “double dipping” in life. Where I have had already worked hard; blood, sweat, tears, and worries to maintain and build a life. And now in my later years, am able to take the reins on my life in almost every aspect. (excluding the acts of God, of course :)  ________________________

What the heck is a 401(k) ?!?!? 

Having money sitting aside is one way of saving for retirement. But that’s the evil of it - it’s just “sitting.” Wouldn’t you rather have it DO something? For a while I couldn’t get my mind to fathom this amount of money I’ve saved up to just disappear. Visually, that is. The fact that this money is no longer visible in my account where I can see and know that it’s there. But if this money was set aside to begin with, then you do not need it to survive. This is the money that you set aside and are still able to pay your expenses and yourself every month. 

So let’s start with a 401(k) - This is employer based. Where you take a percentage of your pay every period and invest it into your 401(k) account your employer has set up for you. I highly recommend, if you can, contributing the maximum amount your employer is willing to match you. Usually, you’ll want to contribute 5% yourself. Your employer will match the max, of 4%.  Example: Say your paycheck is $1000/week.  5% = $50/week 4% Employer match = $40 _________ 401(k) = $90/week for as long as you’re employed with them

The great thing about this is you don’t have to do anything else. This deduction is automatically taken out every pay period. AND! There are no taxes until you withdraw from your 401(k). (This is a great thing, trust me) 

Along with a 401(k), I personally have another type of retirement investment as well. For some of us who have not begun a career just yet that offers a retirement contribution, you can still start investing. For me, the best product was mutual funds. Everyone is different depending on how much you can invest into your retirement at this time. You should talk to a financial advisor to see which financial products are best for your budget. Start educating yourself on the market and trying to accumulate steady gains. Because remember, sitting money is doing nothing. You want to make your dollar work for you. 

______________________ Okay so what if you live paycheck by paycheck and are just not able to set aside any extra cash you may have? That’s okay! Don’t ever feel like you’re behind because you are not at that point in your life just yet. Everyone has their own pace of life. Start little as $1 a day. Yes, you have a dollar to spare. Mindlessly this all adds up. I have a blog post on how I budget my finances. I know exactly what comes in and out. And if you just “don’t wanna” start saving yet, then honestly, you are not mature enough to even begin thinking about retirement. There is no age limit, just mind set. Mentally if you’re not there, don’t do it. Don’t force yourself because you feel you are “supposed” to. The only right time to start saving for retirement, is as soon as YOU can.  Link to my budget post: http://thebrightyellowoffice.tumblr.com/post/138160062249/budgeting

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Find out the best CD interest rates and choose the best CD account for you from nearly a dozen certificates of deposit to match your goals.

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A 401k calculator can help you calculate your estimated balance at retirement. Plan for a better future retirement by using this calculator!

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The burden of college loans is one of the biggest obstacles for millennials. Use these 9 ways for a loan payment calculator to pay them off faster!

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An investment calculator can help you make predictions about how your money will grow, but you need to do more research to choose the best strategies.

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Do you want to pay off your mortgage faster? With the help of an amortization calculator and some savvy financial habits, you can shave years off your loan.

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Certificate of Deposit

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Are you wondering how prepared you are for retirement? Check out these 5 ways to improve your retirement savings efforts.