Salt Lake City Office
2150 East 1300 South,
In your 20s and 30s you are starting to build your life and finances. There are many competing demands on your money, student loan debt, finding a job, and building your credit. It's easy to put off investing, but when it comes to investing, time is one of your greatest allies. Why? When time joins forces with compound interest, your account value grows dramatically. Think of compounding as getting a return on your return. Here’s an example:
The only difference between these three scenarios is the impact on the investment of combining time and compound interest. It can make a huge difference between retiring in comfort and, well...not.
Personal finance goals look a little different when you're in your 20s and 30s. Where do you begin? We have six moves to jump-start your financial future.
We can help craft a strategy to manage your student load debt.
Before you say "I Do", there are many critical financial conversations you should have.
The decision to buy a house is not one to rush into. TruNorth Investment Management can help you craft your financial plan that includes every aspect of your home from the mortgage to budgeting for renovations.
No matter how old or young your kids are, it is not too late to start giving them the tools to make smart decisions about money.