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The Wonderful Benefits of Backpacking Hammocks One who loves to go camping is like so many other people in the world, people who love watching the stars, cooking meals over a fire, and spending quality time with family and friends. Most people love to sleep in tents, as tents grant them a temporarily makeshift bedroom far away from home and close to nature. Although tents provide their own benefits, however, more and more people are beginning to switch to hammocks, spending the night suspended between two trees and rocking gently back and forth. For many reasons, sleeping on a backpacking hammock is very beneficial, providing people who do so with many interesting and noteworthy advantages. When a person purchases a backpacking hammock and starts using it on his or her camping trip, this person will be able to benefit, first of all, by having a place to sleep which is more comfortable than the hard sleeping mats which are easy to carry around with tents. In some camping grounds, the ground can be as hard as concrete, and it is definitely very uncomfortable and inconvenient for tent-users to sleep on. The wonderful thing about hammocks is that they can be set up between two trees, and people can escape thin, hard mats, stones on the ground, and hard, compact grounds which might result in back pain and sores. Another wonderful benefit that people can achieve when they purchase a backpacking hammock and use it on their camping trips is the ability to enjoy the beauty of nature as they fall asleep. If you own a tent and sleeping time comes along, you might feel disappointed to miss nature as it shifts from sunset to dark, seeing the stars rise and feeling the cold and the breezes blow past you – sleeping in a tent is a closed experience, and you might hate having a roof of canvas blocking out the view of the stars, mountains and trees. When one purchases a backpacking hammock, on the other hand, he or she can truly enjoy every minute of the camping trip, as falling asleep under the wide sky is certainly an experience that not many can say they have had.
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If you are a lover of nature, you might desire to leave as few human footsteps as possible in all of your camping trips, and you will be happy to know that using a backpacking hammock will help you achieve this goal. The reason is because backpacking hammocks do not disturb the ground and compress the grass like tents do, and people can sleep as many nights as they want to on their hammocks without worrying about the grass dying or being harmed in any way.On Gear: My Rationale Explained

Why Retirement Financial Planning Is Critical

Despite the desire to stop working one day, many Americans do not begin retirement financial planning until they have been working for a number of years. With the high cost of living, it is important for people to begin setting aside money as soon as possible for their lives after they are finished working. A recent study shows that about four out of five full-time employees have access to a company-sponsored 401k or similar investment strategy. On the other hand, more than four out of ten Americans have no pension or long-term savings. No matter your method of saving, there are numerous reasons why you should start today.

You Are Going To Live Longer

In 1950, around when many of the baby-boomer generation was born, the average life expectancy for an American was just over 68 years. As of 2010, that number has increased to 78.7 years. So what does life expectancy have to do with retirement financial planning? The longer you live, the more money you will need to survive. In 1950, if you retired at 50, on average you would need enough savings to live for about 20 more years. Today you need enough savings for approximately three more decades.

Social Security Is Not Enough

The average American receiving social security gets about $16,000 per year or around $1,250 a month. For the vast majority of Americans, this is nowhere near enough money to comfortably live on. Furthermore, you cannot begin to receive social security benefits until you are at least 62 years of age. That means if you retire earlier than that, you will have to rely entirely upon your own personal savings, 401k, or pension.

Retirees Face Higher Health Care Costs

Along with regular expenses such as a mortgage payment, groceries, insurance, and entertainment, retirees are also faced with the ever increasing cost of health care. On top of health insurance premiums, an American couple of retiring age, say 65, can expect to pay nearly $600 per month on average for routine medical procedures, check-ups, and medications. At age 75 that cost will be over $700 per month.

Retiring Should Be Enjoyable

So far we have discussed all of the negatives associated with not having proper retirement financial planning. Now let’s look at what you can do with a secure plan. As mentioned above, people are living longer lives than ever before. This, coupled with no work, means enormous amounts of time for leisure activities. If you are financially secure, this can mean visiting out of town relatives on a regular basis, taking vacations across the country and globe, and even indulging in high-end restaurants on a regular basis.

In short, retirement financial planning is a necessity for a healthy, stress-free, and timely retirement. The earlier and more you save, the less you will have to worry in your later years.

The Business of Financial Planning

We have learned from the economic crisis of 2008, to take care of where we invest or what we do with our money. It also taught us that in times of doubt, consult your advisor. The economic downfall in 2008 also opened opportunities for expert financial planners and newbies who wants to help people and business maximize their resources.

If you are wondering why you or your business needs financial planning, we have enlisted the perks here.

Financial planning enables businesses or individuals to allocate the right amount to the right area that needs improvement or more investment in a timely manner. This minimizes risk-taking and bad investments. Efficient financial planning would then eventually lead to better revenue and effective cost management.

Financial planning presents the costs and gains of a company or individual in numbers, giving them a clearer view of what they will be investing in. This makes it easier for decision makers to go or stop a contract or project.

A financial plan is prepared annually. This financial forecast explains how much the business or individual should expect and when to expect it. This not only shows how long the wait is going to be, but also the quantity of its profitability. Every month, a financial plan is also done to compare the annual plan prepared earlier to see if the target is being met, exceeded or otherwise. This warns the business owner or individual of possibilities and posed threats in the investment, and if it’s time to give up or not yet. Although it is not always correct, as there are so many things that could affect the business’ financial status, financial planning and management makes it easier to see what is and what can be.

While some people or business owners would want or need a financial planner as they can do this on their own, there are some who would need a planner’s help to get the load off their backs. Either way, when looking for a financial planning company to handle this hefty job, here are the things you have to consider.

License – find a licensed or certified financial planner, which signifies their abilities and credibility. Do not just jump on the first firm that comes your way in a desperate move to find one.

Pay structure – there are two major pay structures your planner may be a part of: fee-based and commission-based. Nothing of the two is better than the other; it is really up to the company or person what he/she prefers. There are also planner who, like free-lancers, can be paid by the hour or when you only need them

Advise over promises – look for financial planners who can give you sound advise about your ventures and the issues it faces. Planners who over-promises profitability may only disappoint as a lot of things can happen in the financial world that can affect its performance anytime.

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