US Educational Financial Solutions Reviews on Money Wisdom at Age 100

As of 2010, there are 1.73 centenarians for every 10,000 Americans. It may have slowed a bit compared with a decade ago, but their numbers have swelled by 5.5 percent in the past ten years. One of them, Jeralean Talley of Inkster, MI, is currently the oldest person in the U.S. at 113 years old.

Sadly, expenses increase with age (case in point: healthcare), so centenarians aren’t often in a good position. That didn’t dissuade financial expert Steve Franklin who was interviewed for his book, Celebrate 100: Centenarian Secrets to Success in Business and Life, from asking the centenarians themselves. US Educational Financial Solutions reviews show that many people find inspiration from their experiences.

In a January feature on Fox Business, Franklin breaks down three important facts on financial wellness based on his interviews:

Diversify Investment

Whether or not King Solomon rose to rule Israel wisely, he earned a place in religious history for his solid reputation as a savvy businessman. Chapter 11 of the Book of Ecclesiastes tells about giving “a portion to seven or eight,” meaning dividing your riches to several parts. Investing everything in one place is a serious mistake; when your investment suffers loss, your capital will, too.

It’s not a surefire way to ensure gains and prevent losses. It’s designed to cut your losses to a minimum, allowing for a quick rebound.

Ten-Percent Savings

This percentage is open to variation; some Americans set aside half of their paycheck for safekeeping in their bank accounts. However, 10 percent is a good start for learning to save. Not only is this vital in building your slush fund but also important in knowing the amount you can well afford to set aside for mortgage later on. In addition, a good solid fund should at least put you financially liquid six months ahead.

Faith, Family, and Friends

Franklin stresses the importance of a social life in managing finances beyond 100 years of age. As you grow older, you will need more help from family members, not just in helping you walk, but also in helping you with your financial needs. Nonetheless, many US Educational Financial Solutions reviews reveal that centenarians have gone through the worst of financial constraints, and, on the whole, have remained financially stable.

Financial Wellness through US Educational Financial Solutions Reviews

The road to success is never easy, but the good thing about it is it's within reach of anyone as long as they equip themselves with the right ingredients. While people who spend thousands on their education are not guaranteed with success, you do need to arm yourself with useful financial knowledge. You can gather some useful financial-related information by reading US Educational Financial Solutions reviews online.

Hard work is often touted as one of the main ingredients to attain financial success. However, be aware that working hard is sometimes not enough. The trick is to think differently than others or to think outside the box.

Particularly when it comes to business ideas, if you merely think the way everyone else does, then you’ll have what everyone else has. In the end, you actually don't have anything new to offer to customers. Thus, even if you pour many years of hard work to your business, there's no guarantee that your attempts will succeed.

When it comes to becoming financially successful, it’s not what you do, but how you think that needs to change. The key lies in learning how to make use of your existing resources and setting your mind on specific goals. Too many business owners fail with their ventures because they focus too much on business expansion goals while neglecting to take care of their current operations and employees.

Having a profitable business now though doesn't mean you are set for life. You need to exert effort and learn how to make these earnings work for you and provide a way of life after retirement that's free from financial stress. You can learn about financial wellness strategies from professional coaches.

Financial success doesn't only mean being free from financial troubles now but in the future as well. Providers of financial education like U.S. Educational Financial Solutions can provide guidance on ensuring financial security. Going through U.S. Educational Financial Solutions reviews can give you a good picture on how these professionals can help you.