Question

need help managing our money?

My husband and I both own small businesses and recently purchased a home. I would like to find someone who can help us organize our money and help us start trusts accounts for our home and kids, and help us invest. I just don't know where to start. Im looking for a professional who can help us organize our bills, our money and help us with a 5 years financial plan. We want to be responsible with our hard earned money. Help! What exactly am I looking for?

5 months ago - 3 answers

Best Answer

Chosen by Asker

forget trusts accounts for now - will ya?
step one, pay off any credit card debt, car loans, etc. then save 6 months of living expenses, then save for retirement, then start college funds,,,, then,,,, do trusts if you can put 20 grand into it.
no professional needed,,, all they do is milk you out of your money

5 months ago

Other Answers

I am surprise you cannot manage your own money. Investments to look at include natural gas and petroleum royalty wells, safe stocks like Apple, and real estate that is in forclosure or at auction that will rise in value over time. You have to find out what you are good at. Can you fix up cars ? Then go buy 10 cars on ebay real cheap (beware of scammers) and then flip them locally for a 50 % margin. Gold and silver is always a good investment, as are guns.

by Obama'S Plan For Whitey - 5 months ago

Caren is right. Get off the grand ideas and get you life fixed first. My trust cost 6000 to get drawn up and unless you have an estate worth 1m plus, then you're wasting money.

Go to a local college and take some business management classes and some very basic accounting/book keeping classes.

by G-Man - 5 months ago