a s s u r a n c e - c o n s u l t i n g - t a x - t e c h n o l o g y - p n c p a . c o m
Postlethwaite & Netterville, A Professional Accounting Corporation
Handling Your Personal Finances
Christopher (Chris) McFarlain, CPAJuly 13, 2018
Handling Your Personal Finances
2
Having Wealth is About More than How Much
You Make or What Investment You Choose
3
Place a Value on Money
4
Don’t Get Too Excited to Build Your Credit
5
You Can’t Escape Debt and its Consequences
6
Stop Buying Stuff
7
Track Your Finances
8
Understand Your Emotional Connection to Money
9
Forget About Get Rich Schemes
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Be Thankful for Your Good Fortune
11
Follow the Golden Rule
12
Student Loans
13
Student Loans
https://studentaid.ed.gov/sa/repay-loans/forgiveness-
cancellation/public-service#qualifying-payment
https://studentaid.ed.gov/sa/repay-loans/consolidation
14
Looking Past Student Loans
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Net Worth
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Compounding Money
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Advisors – Do you need them?
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Advisors – Do you need them?
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Resources
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• http://www.moneycrashers.com/money-management-lessons-young-adult/
• http://www.youngcheapliving.com/2012/04/09/10-personal-finance-tips-for-young-adults/
• http://www.bankrate.com/finance/retirement/10-financial-tips-for-young-people-1.aspx
• http://fortune.com/2015/03/23/7-financial-steps-every-young-professional-should-take/
• http://money.usnews.com/money/blogs/the-smarter-mutual-fund-investor/2015/03/10/a-wealth-building-plan-for-you-young-professional-edition
• https://www.tuition.io/blog/2013/06/5-tactics-to-avoid-when-paying-off-student-loans/
• https://studentloanhero.com/tag/buying-a-house/
• https://blog.personalcapital.com/investing/pay-student-loans-invest/
• http://thecollegeinvestor.com/16553/the-best-investing-advice-for-beginners/
A Professional Accounting Corporation