Sentences with phrase «long term financial goals when»

Term insurance is not a suitable option, if you are looking for money to support your family's ongoing lifestyle or to meet your short or long term financial goals when you are alive, as there is no payout made in case of survival.

Not exact matches

It's important to know the «when» of your financial goals, because investing for short - term goals differs from investing for long - term goals: Your investment strategy will vary depending on how long you can keep your money invested.

Rather, you should consider the appropriate risk level for your portfolio when you are looking at your long - term goals, and think clearly about your financial situation and emotional reaction to risk.

When considering an annuity, the first question to discuss with a financial professional is which type of annuity suits your priorities, your long - term financial goals, and your comfort with risk.

The more interest you can earn on your savings, the better when it comes to reaching your short - and long - term financial goals.

Rather, you should consider the appropriate risk level for your portfolio when you are looking at your long - term goals, and think clearly about your financial situation and emotional reaction to risk.

As much as possible, avoid emotional decisions when it comes to money; many have the effect of hampering your progress towards achieving your long - term financial goals.

** You should carefully plan your long - term financial goals and budgeting when utilizing a loan for consolidating debt.

When considering an annuity, the first question to discuss with a financial professional is which type of annuity suits your priorities, your long - term financial goals, and your comfort with risk.

When you focus on repaying your credit cards, you will have a long - term goal that allows you to improve your financial situation.

As always, when saving for retirement, keep your long - term goals in mind and try not to get too caught up in the day - to - day (or minute - by - minute) changes in the financial markets.

When you say that you are not sure «what amount of money would make a difference in the future», it indicates that you have not clearly identified your long term financial goals.

Having short - term goals that you can easily achieve when you stay within your budget gives you a sense of accomplishment and encourages you to keep working toward your long - term financial goals.

When you're faced with a financial temptation in the future (such as buying a boat or purchasing your dream car) you can ask yourself how that purchase will affect your long term personal finance goals.

The key questions are — how long do you plan to stay in the home, when do you want to pay off the mortgage or sell the property, what will your income look like in the next 3, 5 — 10 years — do you need better cash flow with lower payments or a workable repayment plan to pay off the mortgage sooner — knowing the borrower's short and long term plans and financial goals is necessary to make the best options avilable — the numbers of actual cost and benefits are the answer — show the total costs of principal and interest over 5 year periods and the total for keeping the loan for the full term, these are the real costs and savings for the borrower.

But that move can cost you when markets rise and even delay your long - term financial goals.

Having an experienced Financial Advisor working with you through all stages of market cycles will help you stay disciplined and focused on your long - term financial goals, even when your emotions tempt you to react to short - term market coFinancial Advisor working with you through all stages of market cycles will help you stay disciplined and focused on your long - term financial goals, even when your emotions tempt you to react to short - term market cofinancial goals, even when your emotions tempt you to react to short - term market conditions.

When you consider your marketing effort to be a long - term investment, it is logical to then treat it the same way as your other financial investments, which is to say: keep focused on the overall goal, be consistent and regular, check in and evaluate success and do not get discouraged with minor fluctuations in your results.

Since a life insurance policy is a legal and financial document, it is important that you examine every part of the terms and conditions to determine whether it fulfills your long - term goals, especially when you buy coverage that may last a lifetime.

This is another reason that using term life insurance makes sense - you buy it for a period of time when the risk of not completing your financial goals is the highest and you stop paying for it once you no longer need that safety net.

Also, in contrast to one's 20s and 30s when the focus is more on short - term financial goals, in the 40s, people begin working towards securing their future by making essential long - term investments such as life insurance — which offers life cover and secures one's retirement years too.

In today's times, when the prospect of out - living your retirement savings is larger than ever, few employees have the time to plan their long - term financial goals or discipline to systematically save for their retirement years.

When it comes to choosing one of the best saving plans in India, it is advisable to identify your short and long - term goals keeping in mind your current savings, liabilities, and family's financial needs.

Whether it's the financial situation, investor feedback, short or long term goals, it makes a difference when everything is clear.