Showing posts from September, 2013

5 Financial Disasters to Avoid

By David Ning | U.S.News & World Report LP

A comfortable retirement without money worries is a goal everyone strives for sooner or later. But even if you don't quite have the motivation to save aggressively for retirement yet, do yourself a favor and don't damage your path to financial independence too severely. Here are a few disasters you need to avoid, which will make your life much easier when you are interested in preparing for your future:

Marrying a spendthrift. Marrying a spendthrift is a big no-no if you ever want to amass a solid nest egg. It's incredibly difficult, if not impossible, to save enough for a comfortable retirement unless both you and your significant other are on the same page. In fact, money problems always rank high in the reasons why people get divorced.

Getting into credit card debt. Don't swipe your credit cards without thinking it through. Credit card debt can creep up on you, and before you know it you will amass a huge bal…