Top Ten Videos to watch

TV One At The 47th NAACP Image Awards
Donald Trump Holds Rally In Biloxi, Mississippi
Behind bars
47th NAACP Image Awards Presented By TV One - Press Room
A Man Operating A Tv Camera
Maurice White
March2Justice
'News One Now' With Roland Martin Taping
Bill Cosby
Activists In Los Angeles Gather To Burn Likenesses Of The Confederate Flag
Flint Firebirds V Windsor Spitfires
CBC Message To America: Rep. Conyers Addresses The Damage Inflicted On Our Communities By Poverty, Mass Incarceration And Lack Of Economic Development
Iowa Caucus Ted Cruz
NewsOne Now NAACP Image Awards Preview
Student sitting at a desk in a classroom
Slavery Stock image
The 16th Annual Wall Street Project Gala Fundraising Reception
Ava DuVernay
Roland Martin Blasts Stacey Dash For Comments About BET, Black Networks
President Obama Delivers State Of The Union Address At U.S. Capitol
Ava DuVernay
2016 North American International Auto Show
Democratic National Committee Presidential Primary Debate
88th Oscars Nominations Announcement
Democratic debate
Dream Speech
GOP Presidential Candidates Debate In Charleston
US President Barack Obama speaks on the
24593149
Leave a comment

Good financial advisors are knowledgeable about the market, they set realistic expectations for an annual return on your investment, they know when to invest your capital in the market for optimal results, they have candid conversations with their clients about what you have to invest and what your risk appetite is. Most importantly, they don’t push you into making impulsive decisions. They put your financial goals first and they leave you with enough liquidity for the unanticipated times in life when you need more than you budgeted for that month.

RELATED: Be Self-Centered When It Comes To Setting Priorities

Alexa Von Tobel of Learnvest has an easy to adopt financial practice called the 50/20/30 Rule. It’s a simple, realistic rule of thumb that is easy for anyone to use in their everyday life. The 50/20/30 Rule is a great starting point that recommends that you spend 50 percent  of your salary or income on essentials such as rent, groceries, transportation to and from work and utilities, 20 percent of your income or salary on our future —  your 401K, retirement or investing and that 30 percent should go to whatever you want! This financial rule provides a framework for how to save and accumulate enough money worth investing. It provides an outline for financial discipline and it gives context to what financial success would look like and how much is acceptable to spend splurging on you. It helps you set modest and attainable financial expectations for yourself. You can always exceed expectations and surpass your financial goals once you establish a baseline.

RELATED: Can You Apply Work Strategies To Your Personal Life?

In short, find a strategy that works for you to reach your financial goals, save your money, and grow your nest egg so that you have money to intelligently invest. Make smarter decisions about your money based on keen professional financial advice, implemented through simple and easy strategies that will help you manage your life and your finances.

Lauren Maillian Bias is the author of the business memoir, “The Path Redefined: Getting To the Top On Your Own Terms.” She is a serial entrepreneur, investor, advisor, and CEO of LMB Group, a strategic marketing company.

Also On News One:

Sign up for our newsletter and never miss the hot stories