Allocating Extra Money Well

March 17, 2016

Planner: Scott via Financial Helpline

Problem: She wanted guidance on how to prioritize use of her bonus income.

Suggested Action Steps: We discussed paying down her vehicle loan, and using future money to accelearate paying off of student loan. We ran a retirement calculation to focus on this long term goal along with paying for her children’s future college costs.

Results: She paid off her debt, began saving more for retirement, while also planning for her children’s education.

Testimonial: “The Financial Finesse program helped me prioritize various financial issues, such as reduction of debt, retirement planning and saving for my childrens’ college tuitions.” – Financial Helpline Caller