Seven Steps to Financial Health: Make sure you have a will and Health Care Power of Attorney. Have your investments diversified enough so that you can take out emergency funds without penalties?  Do not have all your savings in retirement accounts. Have different investment buckets: emergency fund, taxable conservatively managed accounts and retirement accounts. Check…

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Take the youngsters with you to a credit union (or a bank) when you open their savings accounts. I still remember how old I felt when I went to North Carolina National Bank to deposit my birthday money.   Beginning the regular savings habit early is one of the keys to savings success. Don’t refuse them…

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Let’s talk about ways you can teach your kids about money: As soon as children can count, introduce them to money. Take an active role because repetition and observing others are the two methods they learn by. Communicate with your children about your values concerning money and how to save it, make it grow and…

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