One of the important things I take away from Freds example is that he always saw the significance and importance of financial planning. When you look at him later on in life one can really admire the effort that it took early on in his career to put these things into place. His father plays a big role in his decisions as he always stressed the importance of planning for the later years.
Fred is quick to say now that he is glad that he followed his fathers advice. He made a goal for himself that he would like his income to be one and a third more in his retirement than what it was when he was working. Another tip from Fred, is that he paid off all his assets as early as he could. Everything he has, he owns and pays only property tax on his home. Our second example of financial planning we shall call free credit score and report San Antonio Al. Al has also worked hard his whole life, but had never really set about saving much. His sum total of financial planning was his pension fund that he would receive on leaving formal employment. Sadly for him, he had not stayed in one job for much longer than a few years at a time. He had no idea of saving for the future and no concept of how to roll over his retirement funds. Since retirement, Al has had free credit score and report San Antonio to move into the house of his daughter and son-in-law in order to make free credit score and report San Antonio ends meet. 3 free credit reports per year He contributes to a portion of the rental as well as to some of the utility bill. He has his own room in the house, but finds it difficult to be in this position. What a pity that he did not have the advice, background and savvy that Fred had in preparing for this time of his life.
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