Wealth Management Advisors Manhattan KS

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.

Mr. Douglass R. Wiley, CFP®
(785) 537-7200
800 Poyntz Avenue
Manhattan, KS
Firm
The Trust Co of Manhattan
Areas of Specialization
Charitable Giving, Comprehensive Financial Planning, Estate Planning, Investment Management, Retirement Planning, 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. Dustin L. Furrey, CFP®
(785) 537-0366
1011 Poyntz Ave
Manhattan, KS
Firm
Keating & Associates, Inc.
Areas of Specialization
Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Employee and Employer Plan Benefits, Estate Planning, Insurance Planning, Investment Management
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable

Profession: Not Applicable

Data Provided by:
Mr. Justin W. Nichols, CFP®
(785) 236-8150
117 N. 14th St.
Manhattan, KS
Firm
Nichols Financial Advice
Areas of Specialization
Asset Allocation, Budget Development, Debt Management, Education Planning, Employee and Employer Plan Benefits, General Financial Planning, Investment Planning
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable

Profession: Not Applicable

Data Provided by:
Ms. Estoria M. Maddux, CFP®
(785) 532-1940
313 Justin Hall
Manhattan, KS
Firm
Kansas State University
Areas of Specialization
Budget Development, Comprehensive Financial Planning, Debt Management, Estate Planning, General Financial Planning
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable

Profession: Not Applicable

Data Provided by:
Mr. Daniel F. Seemann, CFP®
(785) 537-0497
1121 Hudson Ave Ste B
Manhattan, KS
Firm
First Command Financial Planning
Areas of Specialization
Asset Allocation, Budget Development, Comprehensive Financial Planning, Debt Management, Education Planning, Estate Planning, General Financial Planning
Key Considerations
Average Net Worth: $100,000 or less

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

Profession: Government Employees

Data Provided by:
Ms. Lucy L. Williams, CFP®
(785) 537-7200
800 Poyntz Avenue
Manhattan, KS
Firm
The Trust Company of Manhattan
Areas of Specialization
Charitable Giving, Comprehensive Financial Planning, Education Planning, Elder Care, Estate Planning, Investment Management, Life Transitions
Key Considerations
Average Net Worth: $5,000,001 or more

Average Income: $250,001 - $500,000

Profession: Business Executives

Data Provided by:
Elias K Sallman, CFP®
(785) 537-7200
PO Box 1806
Manhattan, KS
Firm
The Trust Company
Areas of Specialization
Asset Allocation, Charitable Giving, Comprehensive Financial Planning, Insurance Planning, Investment Management, Investment Planning, Securities
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: Not Applicable

Profession: Not Applicable

Data Provided by:
Mr. Richard G. Kramer, CFP®
(785) 539-0110
604 Humboldt St
Manhattan, KS
Firm
Kramer Capital Management
Areas of Specialization
Comprehensive Financial Planning, Education Planning, Estate Planning, General Financial Planning, Investment Management, Retirement Income Management, Retirement Planning
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: Not Applicable

Profession: Not Applicable

Data Provided by:
Charles Jay Merrill, CFP®
(785) 776-9234
3206 Kimball Ave
Manhattan, KS
Firm
Edward Jones

Data Provided by:
Mr. Gilbert M. Sabatka, CFP®
(785) 776-4873
227 Southwind Pl
Manhattan, KS
Firm
Sabatka Financial Services Inc

Data Provided by:
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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