Financial success is achieving your family’s financial goals. The seven steps to setting financial goals are no secret. We do it all the time on our jobs, when we set sales or production goals, cost reductions or specific project achievements.

If you want to achieve your financial goals, it is imperative that you manage the major source of your potential wealth – your cash. Are their ways that you can take advantage of today’s low interest rates by possibly refinancing your mortgage or switching to a lower rate credit card.

“Most small business owners are so consumed with growing and developing their business, that they don’t seriously look at succession planning,” states Stephen O. Ashley, Registered Representative for New York Life Insurance Company in Northern Ohio. “A business owner should have a plan for how their business will survive if the owner or another key person gets seriously ill, dies or otherwise leaves the company.”

I recently spent several hours disposing of some old financial records.  I was emotionally spent, my back was hurting and my cheap shredder broke down.