Saving for Tomorrow, Tomorrow

Would you rather spend today or save today? This is one of the behavioral problems with saving: immediate gratification. It is much more fun to spend your money than it is to save it. You feel immediate gratification when you spend. This Ted Talk features economist, Shlomo Benartzi, who discusses how to turn our behavioral problems into behavioral solutions and save for retirement.

7 ways to help aging parents with finances

Here's a great article from Stephanie Morrow with LegalZoom, which lists seven things you can do to helphttp://www.legalzoom.com/money-matters/personal-finance/7-ways-help-aging.  These seven things include:

your aging parents financially:

1) Be respectful.

2) Organize essential financial documents.

3) Make lists of financial activities.

4) Organize estate planning documents.

5) Create durable and health care powers of attorney.

6) Involve a financial expert.

7) Look out for red flags.

Tips to create financial success

Evidence suggests a person's behavior has more effect on financial success than income, and no matter how much money you make, most people wish they earned 10% more.

In the video below, Dan Danford, CFP®, Founder and Chief Executive Officer of Family Investment Center, shares tips to create financial success and how to overcome the three money disorders that impact a person's ability to achieve their financial goals.