Wealth Management Advisors Fort Dodge IA

I hope you can help. What does an independent, savvy single woman do when most of her single income is tied up in a mortgage and living costs? On the one hand it's great to be financially independent, but it doesn't leave anything left over to socialize and meet potential partners. Any advice would be gratefully appreciated.

Mrs. Cierra Walding, CFP®
(515) 573-1188
1400 Central Ave
Fort Dodge, IA
Firm
Ameriprise Financial
Areas of Specialization
Comprehensive Financial Planning, Retirement Planning, Women's Finances
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $50,001 - $100,000

Profession: Not Applicable

Data Provided by:
Mr. John J. Nielsen, CFP®
1400 Central Ave
Fort Dodge, IA
Firm
Ameriprise Financial Services, Inc.

Data Provided by:
Mr. Brett D. Lauinger, CFP®
(515) 955-8083
910 First Ave N
Fort Dodge, IA
Firm
Northwestern Mutual Financial

Data Provided by:
Ms. Sandra J. Mennen, CFP®
(515) 332-1451
506 Sumner Ave
Humboldt, IA
Areas of Specialization
General Financial Planning, Investment Planning, Long-Term Care, Retirement Planning, Women's Finances
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $50,001 - $100,000



Data Provided by:
Bank of America - Fort Dodge Main
(515) 573-1900
723 First Avenue South
Fort Dodge, IA
Type
Banking Center
Services
Banking Center Services: Change Order, Commercial Deposits, Night Deposits, Drive Up
Outdoor ATM Services: Open 24 Hours, Braille, Accepts Deposits, Drive Up
Languages
English, Spanish, Chinese, Korean, French, Russian, Portuguese
Office Hours
Monday 9-4
Tuesday 9-4
Wednesday 9-4
Thursday 9-4
Friday 9-4
Saturday Closed
Sunday Closed
Drive Up Hours
Monday 8:30-5:30
Tuesday 8:30-5:30
Wednesday 8:30-5:30
Thursday 8:30-5:30
Friday 8:30-5:30
Saturday 9-12
Sunday Closed

Mr. Bruce Kentfield, CFP®
(515) 576-1188
1400 Central Ave
Fort Dodge, IA
Firm
Ameriprise Financial, Inc.
Areas of Specialization
Retirement Planning
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $50,001 - $100,000

Profession: Not Applicable

Data Provided by:
Mr. Douglas J. Marine, CFP®
(515) 573-1188
1400 Central Ave
Fort Dodge, IA
Firm
Ameriprise Financial
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $50,001 - $100,000



Data Provided by:
Ms. Rhonda Eugenia Fitchett, CFP®
900 Central Ave, Ste 23
Fort Dodge, IA
Firm
Axa Advisors

Data Provided by:
Wells Fargo - Crossroads
(515) 573-6173
406 S 25Th St
Fort Dodge, IA
Type
Branch
Office Hours
Mon-Fri 07:30 AM-05:30 PM
Sat 08:30 AM-02:00 PM
Sun Closed

Wells Fargo - Fort Dodge Main
(515) 573-6191
822 Central Ave
Fort Dodge, IA
Type
Branch
Office Hours
Mon-Fri 07:30 AM-05:30 PM
Sat-Sun Closed

Data Provided by:

So Many Living Expenses There's no Money Left for my Life!

Q: I hope you can help. What does an independent, savvy single woman do when most of her single income is tied up in a mortgage and living costs? On the one hand it's great to be financially independent, but it doesn't leave anything left over to socialize and meet potential partners. Any advice would be gratefully appreciated... -KLM, Australia


 

First congratulations for being a home owner! That is very savvy of you. With that being said, you don't want to be in a situation where your finances are so tight there is no room to breathe or socialize!

Start by coming up with a realistic number of how much extra you need a month. Once you have that number, you can start looking for it in other places in your budget. Perhaps you can bring your lunch to work, so you have extra money to go out at night. Or maybe you don't need your cable TV or other monthly subscriptions we tend to forget about. You can also carpool to work to help with commuting costs.

The next place to examine is your fixed expenses. Do you have a gym you aren't using? Or are your car payments too high? If so, consider a less expensive model. If you carry credit card debt, the interest payments can really weigh you down as well. Deal with the debt and eliminate it as fast as you can.

On a final note, if your mortgage is too much to handle right now, perhaps you need to refinance and get a better rate. Or consider moving to another home where your payments will be less.

These are all great habits to integrate whether you are single or in a relationship!


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