| Related sites for http://financialplan.about.com |
| CNBC_com__Personal_Finance Articles on investing, retirement, insurance, loans and taxes. | | CNN/Money Combines practical personal finance advice, calculators and investing tips with business news, stock quotes, and financial market coverage from the editors of CNN and Money Magazine. | | CNN/Money__Personal_Finance News and advice on money issues. | | Epinions__Finance Consumer-generated reviews, buying tips and advice, ratings, price information, and searchable in a variety of ways from price to product type. | | Federal_Reserve_Board__Consumer_Information Centralized home for articles giving advice and warnings about financial topics, products, and scams. | | The_Financial_Pipeline Information for the individual investor, including stocks, bonds, mutual funds, retirement planning, real estate, investment strategy, and general financial knowledge. | | FinPlan_-_Tool_Menu Links to various kinds of useful financial calculators. | | Forbes_com_-_Personal_Finance Financial information previously published in the print version of Forbes. | | Fundamentals_of_Financial_Planning Provided by FSU to educate consumers in the fundamentals of financial planning. | | GE_Center_For_Financial_Learning Comprehensive source for personal finance information and education. | | H&R_Block_-_Planning_and_Learning Sections include Tax 101, life events and stages, budgets and saving, college, retirement, and calculators and tools. | | Inflation_Calculator Adjusts a given amount of money for inflation, according to the Consumer Price Index. | | Institute_of_Consumer_Financial_Education Offers financial education for all age groups with a special section devoted to teaching children about money. | | International_Foundation_for_Retirement_Education_(InFRE) A not-for-profit educational foundation dedicated to empowering working Americans with the motivation and capability to save and plan for a successful retirement. | | Is_Your_Financial_Security_at_Risk? Provides information and a guide to developing a plan for managing financial risks. | | The_JumpStart_Coalition_for_Personal_Financial_Literacy Purpose is to evaluate the financial literacy of young s; develop, disseminate, and encourage the use of guidelines for grades K-12; and promote the teaching of personal finance. | | Kiplinger_Online Investing, personal finance, calculators and financial advice. | | Money_Instructor Tools and information to help teach money and money management, business, the economy, and investing. | | The_Motley_Fool Investing information and an enjoyably useful site. Updated hourly. | | MsFinancialSavvy_com Offers personal financial topics geared towards women. | | MsMoney_com Resource for women to learn about financial planning, personal finance and investing. | | Mymoney_gov_-_Financial_Literacy_Education_Commission Starting point for information intended by the US government to help improve the financial literacy and education of persons in the United States. | | MyPrimeTime_Money Offers stock market tips, investment guidance, retirement planning resources, tools and calculators. | | National_Partners_for_Financial_Empowerment Coalition of groups dedicated to helping improve personal finance skills, including money management, saving, investing and credit in United States today. | | The_New_York_Times_-_Your_Money Articles and features on investing, pensions and retirement plans, mortgage rates, mutual funds, the stock market, bonds and notes. Also has company research, earnings reports and market insight. | | The_Salary_Calculator Compare the cost of living in hundreds of U.S. and international cities. | | Smartmoney_com__Personal_Finance Links to articles covering a range of topics where monetary planning is or should be involved. | | Test_Your_Financial_IQ Savings and investing questions. | | Wachovia_Planning_Guides Educational material on retirement planning, financial issues for women, college planning, home buying and relocation planning, investing basics, money management basics, and tax planning. | | Women,_Men_and_Money Ruth Hayden teaches money management principles to women and couples. | | Yahoo!_Finance Personal finance, investing tips and news. | | Your_Money_Page Online calculators for financial planning and personal finance. | | Your_Money_Your_Life A comprehensive public education initiative designed to help families and individuals learn the basics about personal finances and peace of mind. It is the result of a partnership between private se | | Marketplace_Money American Public Radio program featuring personal finance stories relevant to everyday life. Feed includes links to audio and short descriptions from the most recent weekly program. [RSS] | | The_AgenC Placement of domestic staff, maternity nurses, and nannies in private homes throughout the UK and overseas. | | Care_Givers_on_Call Provides in-home child babysitting and companion care on short notice. | | Caretaker-Jobs_com Post positions or search for jobs as property caretakers, estate managers, and gamekeepers world-wide. | | Distinguished_Domestic_Services An executive-level international domestic employment agency representing estate managers, house managers, personal assistants, chefs, chauffeurs, and security. | | A_+_Domestic_Agency_Inc_ A resource for in-home infant and child care, elder care and housekeeping in Illinois. | | Domestic_Placement_Network Agency for personal assistants, chefs, domestic couples, estate managers, butlers and house managers. |
|
Financial Planning: A Comprehensive Guide to Personal Financevar ziRfw=0;function zIpSS(u){zpu(0,u,280,375,"ssWin")}function zIlb(l,t,f){var u=new Array([["1/XJ/W9","1/XJ/WP"],["1/XK/WB","1/XK/WQ"],["18/15m","1/XL/WR"]],[["18/15o","18/1Pp"]],[["1/XJ/WA","1/XJ/WP"],["1/XK/WC","1/XK/WQ"],["18/15m","1/XL/WR"],["18/15o","18/1Pp"]]);var p=l.parentNode.parentNode.parentNode.parentNode.id=="oC"?0:1;var clk;if(arguments.length==3){if(t==1){f=0}if(t==2&&!zIos(l.href)){f=3}clk=u[t][f][p]}else{var c=l.parentNode.parentNode.className;var t=c=="obE"?0:(c=="obS"?1:(c=="obO"?2:-1));var f=t==0?2:(t==1?0:(t==2&&zIos(l.href)?2:(t==2&&!zIos(l.href)?3:-1)));clk=u[t][f][p]}if(!clk)clk="18/15p";zT(l,clk)}function zIos(u){var r=(u.indexOf("&zu=")>0&&(u.substr(u.indexOf("&zu=")).indexOf("about.com")>0)||u.indexOf("http://")0)?false:true;return r}zOBT=" Ads"
zJs=10
zJs=11
zJs=12
zJs=13
zc(5,'jsc',zJs,9999999,'')
zDO=0
z930=zpreC(930,48);if(thin){z930=0};z160=zpreC(160,600);z336=zpreC(336,280);z728=zpreC(728,90);z155=zpreC(336,155);zItw=160;if(thin)gEI('abw').className='thin';Search Financial Planningvar h2=document.getElementsByTagName("h2")[0];if(h2.getElementsByTagName("a")[0].firstChild.nodeValue.length>28)h2.className="long";HomeBusiness & FinanceFinancial Planningif(z930==0 && z728>0){adunit('','',uy,ch,gs,728,90,'1','lb',1)} Emailw(x2+zWl+'?p=1" zT="18/1[N" rel="nofollow">Print')Financial PlanningBudget & SaveBuild Wealth if(z930>0){adunit('','',uy,ch,gs,930,48,'1','s',1)}Must ReadsPersonal Finance 101How to Create a BudgetAutomatic Savings PlanChoosing a Financial PlannerHow to Establish Credit  Jeremy VohwinkleFinancial Planning Guide Sign up for my NewsletterMy Bio My BlogMy Forum Browse TopicBudgetingSaving MoneyPersonal FinancePlanning for Life StagesCredit & Debt ManagementRetirement PlanningSelf-EmploymentReal Estate & MortgagesCollege SavingsTax PlanningInsuranceFinancial ToolsTips for Buying a HomeBuying a Home is an Important DecisionWhen it comes to buying a home, there are a lot of decisions to be made, and a lack of planning can prove costly.Read moreFurther ReadingHow Much Home Can You Afford?Saving for a Down PaymentThe Fees Involved with Buying a Homezob();How to Keep Your Money SafeIn economic times like these, people are looking for safe places to stash their cash. How can you keep your money safe, and is there any protection if your bank fails?Read moreKeeping Your Money SafeU.S. Savings BondsEmergency FundsFDIC Insured Bank DepositsJeremy's Financial Planning BlogAdd to: iGoogleMy Yahoo!RSSKeep an Eye on Mutual Fund Fees to Maximize Your ReturnsThursday October 9, 2008Most people are fully aware that investing usually involves fees or commissions, and mutual funds are no different. We are always told to invest in funds with low fees so that we can maximize our returns. That makes perfect sense, but what are all the different types of fees you hear about?
Sales Charges - These are also called loads, but it is the fee based on a percentage that is applied to your purchase of a mutual fund. Funds can have front-end loads that are applied once upon the initial purchase,or back-end (also known as deferred loads) that may be applied over time or upon sale of the fund. Generally, front-end load funds are called Class A, and back-end loads will be Class B shares. There are also many mutual fund companies and special share classes that offer no-load funds. The total cost of the sales charge can vary and range anywhere from under 1% to over 5% of your investment.
Management Fees - Even if your fund has no sales charge, it still costs money to run and manage the fund. These fees are paid by investors in the form of an ongoing expense that is subtracted from the fund's performance. Management fees pay the fund managers and employees of the fund company. Management fees can range from just a fraction of a percent to over 1% per year.
Administrative Fees - In addition to the management fees, administrative fees pay for other operating expenses of running the mutual fund. These expenses include statement mailing, record keeping, customer service, and so on. You can expect to pay anywhere from 0.1% to 0.4% each year on average.
Marketing and Distribution Fees - Some funds also charge fees to cover the cost of marketing and promotion for the fund. These fees are commonly referred to 12b-1 fees.
While it may seem like there are a lot of fees to be concerned with, it isn't as complicated as you might think. The management, administrative, and 12b-1 fees are all added together and typically reported as the fund's expense ratio. The expense ratio is what is most commonly reported on financial websites. For example, if a fund has no load or sales charge, and an annual expense ratio of 0.5%, that means every $1,000 invested in the fund will basically cost you $5 in fees each year. Of course, you don't pay these fees out of pocket, but they are automatically factored in and deducted from the fund's performance.
With the many layers of fees, you can see that it can be costly if you wind up paying a sales charge and an additional high expense ratio from the other fees. Your best bet is to stick to no-load funds with low expense ratios if you do your investing on your own. It is also a good idea to check on your 401k fund offerings if you participate in one so that you can take advantage of the low-fee funds if they are available. Comments (0)PermalinkOnline Banks May Offer Higher Interest Rates for Your SavingsTuesday October 7, 2008Stock market got you down? Looking to put more money away in case of an emergency? If so, you've probably been thinking about stashing more money away in the bank. One of the benefits of the bank is that it provides you safety with FDIC insured funds, and your money is easily accessible. Unfortunately, most banks offer dismal interest rates on basic savings accounts. If you're looking for relatively high interest, you're faced with the likelihood of buying CD which locks your money up for a period of time, or depositing a large sum of money to take advantage of the higher rates they offer. But if you're just getting started or don't want to tie your money up, there's no reason to let your money sit and not even keep up with inflation.
That's where online banks come in. There are plenty of online banks that have sprung up in the past few years, and their big attraction is the ability to deposit small amounts of money into a savings account and still take advantage of interest rates that compete with, or even exceed CDs at your local bank. Of course, these online banks aren't for everyone, but they can be a great way to put your savings account to work so that you're at least keeping pace with inflation.Comments (0)Permalink See More Blog EntrieszSB(2,5);Free Financial Planning Newsletter!Sign Upif(z336>0){w(''+ap[0]+at[4]+as[0]);adunit('','','about.com',ch,gs,336,280,'1','bb',3);w('')}if(z155>0){w(''+ap[0]+at[4]+as[0]);adunit('','','about.com',ch,gs,336,155,'1','ps',4);w('')} Discuss Recent Blog Posts Keep an Eye on Mutual Fund Fees to Maximize Your Returns Online Banks May Offer Higher Interest Rates for Your Savings More Tips to Help You Weather a Bear Market Community Forum New posts to the Financial Planning forums:Cutting back on spending-Shame StigmaStocking up the PantryGold Vs Real Estate if(zp[7].d){Dsp(zp[7],'ip')}if(zp[4].d){Dsp(zp[4],'ip')}if(zp[11].d){Dsp(zp[11],'ip')}zSB(3,3)Explore Financial PlanningMust ReadsPersonal Finance 101How to Create a BudgetAutomatic Savings PlanChoosing a Financial PlannerHow to Establish CreditMost Popularasic Budget WorksheetHow To Create a BudgetAll About Personal BudgetsYour FICO Credit ScoreHow to Establish CreditSearchBy CategoryBudgetingSaving MoneyPersonal FinancePlanning for Life StagesCredit & Debt ManagementRetirement PlanningSelf-EmploymentReal Estate & MortgagesCollege SavingsTax PlanningInsuranceFinancial ToolssplitList(gEI('bc2').getElementsByTagName('ul')[0]); More from About.com Work Hard, Travel EasyThe best tips for business travelers. Dog CareGet tips on training and caring for dogs of all ages. 48 Hours in VegasPlan a hot weekend in Sin City. Hotel AdviceThe must-stay hotels worldwide. Browse All About.comprepareTools();zCi();validateForms();Financial Planningvar h2=document.getElementsByTagName("h2")[0];if(h2.getElementsByTagName("a")[0].firstChild.nodeValue.length>28)h2.className="long";HomeBusiness & FinanceFinancial PlanningMost PopularLatest ArticlesAdd to: iGoogleMy Yahoo!RSSAdvertising InfoNews & EventsWork at AboutSiteMapAll TopicsReprintsHelpUser AgreementEthics PolicyPatent Info.Privacy PolicyOur StoryBe a Guide©2008 About.com, a part of The New York Times Company.All rights reserved.![]() var tcdacmd="dt;da"; |
|
