Wealth Management Advisors Humble TX

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.

Ms. Charlotte A. Wilson, CFP®
(281) 852-8555
5616 FM 1960 Rd E Ste 250
Humble, TX
Firm
Lake Houston Tax & Bookkeeping

Data Provided by:
Ms. Geraldine M. Castor-Brooks, CFP®
(713) 419-4409
2303 Villa Creek Dr
Kingwood, TX
Firm
Geraldine M. Castor-Brooks, CPA
Areas of Specialization
General Financial Planning, Small Business Planning, Tax Planning, Tax Preparation
Key Considerations
Profession: Business Executives

Data Provided by:
Mr. Bruce D. Wise, CFP®
(281) 360-9473
1801 Kingwood Dr. #160
Kingwood, TX
Firm
Williams Financial Group of Kingwood
Areas of Specialization
Comprehensive Financial Planning, Divorce Issues, Life Planning, Retirement Income Management, Retirement Planning, Social Security Planning, Sudden Wealth Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $100,001 - $250,000

Profession: Not Applicable

Data Provided by:
Mr. Peter B. Roth, CFP®
(281) 973-8816
800 Rockmead Dr Ste 120
Kingwood, TX
Firm
Roth Financial Partners, LLC

Data Provided by:
Mr. O. Douglas Johnson, CFP®
(281) 446-5959
1420 FM 1960 East Bypass Ste 106
Humble, TX
Firm
O. Douglas Johnson, CFP

Data Provided by:
Mr. Richard P. Epley, CFP®
(281) 361-6282
1500 Buttercup Ln
Kingwood, TX
Firm
Pangeneric Corporation

Data Provided by:
Mr. John B. Rogers, CFP®
(281) 465-2203
123 W. Main ST
Humble, TX
Firm
Wells Fargo Advisors

Data Provided by:
Mr. Jonathan L. Blakelock, CFP®
(281) 360-3380
4365 Kingwood Dr
Kingwood, TX
Firm
Edward Jones
Areas of Specialization
Comprehensive Financial Planning

Data Provided by:
Christine Elsea Mandojana, CFP®
(202) 657-4875
6 Holley Ridge Dr
Kingwood, TX
Firm
Brenner & Elsea-Mandojana, LLC

Data Provided by:
Mr. Matthew H Prucha, CFP®
(713) 816-6677
1710 W Lake Houston Pkwy Ste 190
Kingwood, TX
Firm
Edward Jones
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Education Planning, Employee and Employer Plan Benefits, Estate Planning, Insurance Planning, Investment Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $100,001 - $250,000

Profession: Not Applicable

Data Provided by:
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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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