Effective financial management is not easy, but there are certain habits that are followed by investors around the world who have mastered the art of finance management. There are simple tricks that you can follow every day. Read on to know the 13 financial habits that you must start today if you want to lead a stress-free life.

Getting the right retirement calculator will help solve many future issues related to income and planning. There are a number of things such as health care, house, day-to-day living, which requires substantial amount of money to sustain one’s living during the old age. If you have calculated your retirement income well, then you are sure to get many things in place and enjoy a fulfilled retirement life.

You are required to pay significant fees when you go for an annual dental check-up. Add in all your family members, and the amount multiplies quickly. Dental insurance helps you get high-quality dental care at much-reduced costs. Choosing the right dental insurance for your needs Dental insurance from a reputable provider will cover everything from routine tests to complex dental problems.

Business credit cards are highly favored by business owners since it gives them access to multiple lines of credit. According to recent reports, small business cards amount to $430 billion of expenses. One in every six dollars is spent on general-purpose cards. If you don’t have any cards to manage your business expense, this can be the best time to get one.

There are numerous credit cards that offer cash back, reward points, air miles, hotel points, low APRs, 0% balance transfer, and other benefits. Which one is right for you? No single credit card offers the best of all these features. Some are better in some aspects, while others appeal to a different kind of customer.

No matter how young or old you are or how much you earn every month, you should invest in life insurance. Unfortunately, many people don’t understand the importance of being covered. Note that being under-insured is better than being totally unprotected. Not having adequate cover can lead to financial troubles if you’re ever in an accident or fall sick suddenly.

An installment loan is just another name for personal loan. There are many high quality lenders as well as small-dollar lenders offering installment loans. It is the prerogative of the borrower to chose the loan best suited to his/her needs and at the same time not get scammed by the unscrupulous techniques used by many lenders.

A dividend is a payment every single quarter made by the company to its shareholders. You can change the dividend payout rate if you are a major shareholder and have the dividend payout twice, thrice, or even our times a year. However, basically, dividends are paid every four months. However, the typical way a company pays out the dividend is in cash or shareholders can get them in stock bonuses or more shares.