Monthly Archives :

February 2014

  • Donna Skeels Cygan

Giving Back Your Time
Giving Back Your Time 1023 682 Donna Skeels Cygan
“If you want others to be happy, practice compassion. If you want to be happy, practice compassion.” Dalai Lama You can give back in different ways, including volunteering your time and talents or making charitable gifts of money. Both involve being compassionate toward others. Often, people derive a strong sense of purpose from their volunteer [...]read more
  • Donna Skeels Cygan

Giving Back Financially
Giving Back Financially 1024 680 Donna Skeels Cygan
“Money is like manure; it’s not worth a thing unless it is spread around.” - Brooke Astor, philanthropist One of my clients, whom I’ll call Beth, told me that she had given away $40,000 the year before, and that it gave her great joy to do so. She is not wealthy by most standards, but [...]read more
  • Donna Skeels Cygan

How Much Are You Saving?
How Much Are You Saving? 1024 613 Donna Skeels Cygan
Do you think people with high incomes are wealthier than people with average incomes? This is a myth that needs to be dispelled. Many people have extremely high incomes, but their net worth does not reflect the high income. The key is not how much you earn, but how much you save. The amount you [...]read more
  • Donna Skeels Cygan

Strategies to Increase Your Savings Percentage
Strategies to Increase Your Savings Percentage 1024 881 Donna Skeels Cygan
If you didn’t save anything last year, strive to save at least 10 percent this year. If you saved 10 percent, strive to increase it to 15 percent or 20 percent this year. Increasing your savings usually comes from two sources. Either you increase your income (possibly by taking on a second part-time job if [...]read more

© 2024 Donna Skeels Cygan, CFP®, MBA, Author of The Joy of Financial Security and Sage Choices.

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