October is financial planning month and a great time to review your financial situation. Regardless of what your goals are, financial planning can help you achieve them. Financial planning is examining your financial situation and designing a specific plan to help you reach your goals.
Taking steps to improve your financial skills includes understanding how to be smart using credit before you ever open any credit account. If you don’t take credit seriously, you may run into issues when applying for a mortgage, car loan, or funding for education through a loan.
National Retirement Security Week is October 17th through October 23rd. This week, Americans are encouraged to reflect on their retirement goals and determine whether they’re on track to reach them.
October 12th is National Savings Day, a day designated to celebrate the act of saving and share simple ways to polish existing saving habits. Saving money doesn’t need to be difficult, as many people have already perfected the art of saving. Saving money can be fun if you simplify saving automatically as a financial resource for you to use later when you need it. When you’re aware of how to save, budget, and automate savings, you’re well on your way to successfully saving. Here are some tips to get you to start saving:
Dementia affects almost 50 million people worldwide, with a new case of dementia diagnosed every 3 seconds. More than 6 million Americans suffer from degenerative brain disease in the form of Alzheimer’s. Dementia is the leading cause of disability and dependency and the sixth leading cause of death among the elderly. Dementia kills more people each year than breast cancer and prostate cancer combined. This makes planning for long-term care essential in the world today.
On September 11, 2001, almost 3,000 people died from terrorists carrying out suicide attacks against targets in the United States. These attacks were the deadliest on American soil since the Pearl Harbor attack in 1941. This terrifying, humbling, and startling event triggered major U.S. initiatives to combat terrorism.
In 2021, Labor Day will happen on Monday, September 6th, and celebrates the contributions and achievements of American workers. Traditionally observed on the first Monday in September, the labor movement created the holiday in the late 19th century and became a federal holiday in 1894. For many Americans, Labor Day also symbolizes the end of summer and is celebrated across the country in various ways.
Finally, it appears that the time is right for safe summer travel while the pandemic numbers are low and people can safely distance themselves. If you’re thinking of planning a trip, here are a few trends to keep in mind to keep you and your family safe as you embark on your next adventure: