7 TIPS FOR FINANCIAL HEALTHSOLUTIONS TODAY FOR TOMORROW’S

FINANCIAL PUZZLE

Financial Health in a Tough EconomyIs your financial health, like many other Americans, struggling in these tougheconomic times?

Are you looking for someone or something to help you better manage yourfinances?

Then you have come to the right place.

This presentation will provide seven tips that will help you better manageyour finances and provide stable financial health.

Financial Health in a Tough Economy

The average American family has been challenged to make ends meet in themidst of this struggling economy.

It’s been a tough couple of years for many people.

Belts have been tightened, excess has been trimmed, and we are learning todo without the extras that we’ve all been used to enjoying.

Financial Health in a Tough Economy

In times of economic strife, it is a good idea to take a realistic look at spendinghabits, financial responsibilities, and where discretionary income is going.

The following are seven tips to help get your financial health into top shape.

Financial Health in a Tough Economy

Financial Health Tip 1: Get a budget and opt for simplicity- The main objective is to figure out whether you need or want to redirect your money towardpriorities. Have a goal, Separate fixed and discretionary spending, create discretionary subcategories, pay off debt, and anticipate your expenses.

Financial Health in a Tough Economy

Financial Health Tip 2: Pay with Cash - Paying interest on a purchase can increase actual cost dramatically. Unless you are paying off credit card debt in full each month, save up first and pay in cash when making a purchase. Practice Patience!

Financial Health in a Tough Economy

Financial Health Tip 3: When others panic, buy - With every financial crisis to date, the market sags. Late 2008 through early 2009, with a 43% drop in the Dow, was a great time to load up on long term investments. If you can afford it, this is a great time to invest.

Financial Health in a Tough Economy

Financial Health Tip 4: Debt can be dangerous – Credit is a valuable tool, but it must be used sparingly. This is where many people dig themselves into deep financial holes. Get rid of the shovel. Pay off revolving debt but keep a minimum number of credit cards. Many financial experts recommend having no morethan three cards to be used only for emergencies.

Financial Health in a Tough Economy

Financial Health Tip 5: Your home is a shelter, not an investment – Homeprices can rise and fall, like any other asset. Don’t expect appreciation in the value of your home to be a substitute for retirement savings in traditional investments. Start retirement planning early, and consider long- term care insurance.

Financial Health in a Tough Economy

Financial Health Tip 6: Manage your paycheck - More than 70% of Americans overpay their taxes each year. While a refund is nice, it’s even nicer to earn interest on your money instead of giving the government a free loan. Check your withholdings with the Form W-4. You can change your withholdings at any time.

Financial Health in a Tough Economy

Financial Health Tip 7: Do not live beyond your means - Was this ever a good idea? It seems to be a problem for many Americans. In the U.S, personal savings is practically non-existent. Too many of us are living paycheck to paycheck. Find a way to spend less than what you bring home and your finances will slowly improve.

Financial Health in a Tough Economy

Financial Educators of America is happy to provide you with the seven tips for financial health in tough economic times. We feel that if you apply these tips they will help youget your financial freedom back!

Financial Educators of America is a non-profit organization so all donations or sponsorships are

greatly appreciated!

Visit us at www.feainc.org , call 513-253-6326 or mail to 15 Vale Ave 3,Wyoming, Ohio 45215