Nick is an instructor for the Texas A&M Financial Planning Program in the Department of Agricultural Economics. He instructs AGLS 235 Foundations of Money Education, which teaches students about banking, credit, home buying, investing, etc. Prior to teaching, Nick founded the Texas A&M Money Education Center, managed the Texas A&M Veteran Services Office, served as a financial aid supervisor at Texas A&M, and worked in financial planning and banking.
Texas A&M financial planning experts identify five of the top money management mistakes and give tips on how to avoid or correct them.
This is too significant of a potentially life-changing situation to ignore until it happens. You should update your budget and balance sheets on a regular basis to accurately reflect the current values of your assets and debts. You need to know for sure if you have a firm financial foundation to weather a sudden financial jolt and to be sure your wealth is trending in the right direction.