Wealth Management Advisors Rochester NH

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.

Faye Doria
Financial Guidance Associates, Inc
(603) 742-8102
86 Locust St
Dover, NH
Expertises
Investment Advice without Ongoing Management, Hourly Financial Planning Services, Middle Income Client Needs, Retirement Planning & Distribution Rules, College/Education Planning, Planning Issues for Unmarried & Same-Sex Couples
Certifications
NAPFA Registered Financial Advisor, BA, CFP®, EA

William Simpson
Azimuth Financial Planning, LLC
(603) 373-8793
One New Hampshire Avenue, Suite 125
Portsmouth, NH
Expertises
Ongoing Investment Management, College/Education Planning, Hourly Financial Planning Services, Retirement Planning & Distribution Rules, High Net Worth Client Needs, Investment Advice without Ongoing Management
Certifications
NAPFA Registered Financial Advisor, BS, CFP®, MBA

Mr. Richard K Hackett Ii, CFP®
(603) 332-6518
73 Wakefield Street
Rochester, NH
Firm
Creteau, Hackett, Lachapelle & Associates, LLC.
Areas of Specialization
Asset Allocation, Banking, Budget Development, Comprehensive Financial Planning, Debt Management, Education Planning, Insurance Planning
Key Considerations
Average Net Worth: $100,001 - $250,000

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

Profession: Not Applicable

Data Provided by:
Mr. David R. Hatfield, CFP®
(207) 475-5457
140 Washington St
Dover, NH
Firm
Citizens Investments
Areas of Specialization
Retirement Planning

Data Provided by:
Mr. Eric V. Wasson, CFP®
(603) 343-4515
660 Central Ave
Dover, NH
Firm
LPL Financial
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Employee and Employer Plan Benefits, Retirement Income Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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



Data Provided by:
Jill Boynton
Cornerstone Financial Planning, LLC
(603) 431-1133
70 Old Post Road
Newington, NH
Expertises
Ongoing Investment Management, Cash Flow/Budgets/Credit Issues, Divorce Planning, Hourly Financial Planning Services, Retirement Planning & Distribution Rules, Women's Financial Planning Issues
Certifications
NAPFA Registered Financial Advisor, BA, CDFA, CFP®

Mr. Glenn M. Lepene, CFP®
(603) 335-0206
PO Box 1498
Rochester, NH
Firm
GML Financial Advisory Services, LLC
Areas of Specialization
Comprehensive Financial Planning, Investment Management, Retirement Income Management, Retirement Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000



Data Provided by:
Bonnie L. Staniewicz, CFP®
(603) 905-9701
12 Perkins Cir
Barrington, NH
Firm
Waddell & Reed

Data Provided by:
Ms. Faye Kathryn Doria, CFP®
(603) 742-8102
86 Locust St
Dover, NH
Firm
Financial Guidance Associates, Inc.
Areas of Specialization
Comprehensive Financial Planning, Divorce Issues, LGBT Individuals and Couples, Life Transitions, Men's Finances, Planning for Couples, Women's Finances
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Not Applicable

Data Provided by:
Mr. Alan Felenchak, CFP®
(603) 505-1576
827 Central Ave Ste 5
Dover, NH
Firm
Allstate Financial Services, LLC
Areas of Specialization
Insurance Planning, Retirement Planning

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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