Retirement can approach faster than you realize after you start working. In a matter of a few short years, you may find yourself at mid-career with no meaningful savings to your credit. Instead of retiring with no money saved and nothing on which to live, you can start saving money now. You can decide how much to save and if or when to invest in the stock market by using professional wealth management planning services.
31 March 2021
When people think about how debt fits into financial planning goals, it's common to see such liabilities as generally bad things. From the perspective of a financial advisor, though, the goal should be to get to the point where debts are net positives for their clients. Here are four ways you can turn debt from a bad thing into a winner. Lower the Cost Basis More than anything, your long-term goal is to get the cost basis of your debt to a number that works well for you.
4 February 2021
Are you hoping to have enough money in the bank when you retire so you can enjoy life to the fullest? If so, you need to start as soon as you can with planning for this event. If you are like many people, you might not know where to begin. If so, here are four tips to help you with your retirement planning. Make Saving Money a Habit One of the best things you can do is make saving money a habit.
4 November 2020
Brokers act as a middleman between multiple companies and a client, while dealers act as salespeople for the company they are affiliated with. If you are working with a broker-dealer, you get the best of both sides of the equation where financial planning is concerned. Many private individuals work with broker-dealers, and many business owners trust these professionals as well. Take a look at a few of the situations when it is a good idea to work with an independent broker-dealer instead of one or the other for your financial planning needs.
14 December 2019
Working with a wealth management advisor services firm is a good choice, but there are things even the best advisors can't do for you. Taking advice about wealth management and converting into everyday actions is important. Here are four things your wealth management advisor wishes you knew. You Could Still Be Living Paycheck to Paycheck Having a large amount of money is not the same as truly accumulating wealth. Folks in the wealth management services industry frequently see commercial property owners who couldn't survive multiple tenants failing to pay rent, for example.
29 May 2019
Having trouble figuring out what to give your child when they graduate from college? Following are a few awesome ideas that will offer valuable support as your child starts their new life and career: A Short-Term Bill Allowance Help your child get off on the right foot in their new grown up life by paying some of their bills for the first two to three months after graduation. Surprise them with a refillable debit card that you can fund once a month, then they can use the debit card to pay their power, phone, or insurance bill.
1 May 2018
If you follow the markets even casually, you're likely witnessing a modern day gold rush. It isn't the hills of California that are calling investors to find their fortunes, it's the ledgers of blockchain cryptocurrencies. Bitcoin, the best known of the cryptocurrencies, is exploding in value. If you're experiencing some serious fear of missing out, now might be a great time to question how much you should invest in Bitcoin.
27 February 2018
According to Time magazine, adulting is now a word and a thing. Acting like an adult, even when you don't want to. It's never fun but, at some point between college graduation and the age of 30, we all have to do it-- be an adult. Whether you have a spouse and children or are still trying to figure life out, there are a few things you need to cross off your official adulting to do list.
16 December 2017
If you don't earn a high income, you may not feel that financial planning is something for you. But, in fact, financial planning can be even more important when you don't have a lot of room to absorb financial emergencies. If this is your situation, here are 5 ways you can implement a financial plan of your own. Avoid Interest-Carrying Debt Getting rid of debt and avoiding it in the future are two of the most valuable ways you can improve your long-term financial situation.
10 October 2017
If you've found your own budget stretched to the brink by your elderly parent's need for an infusion of cash, you may be wondering whether there are any options (short of having your parent move in with you) to help improve his or her financial situation. The prospect of continuing to provide a stipend to ensure your parent can afford to pay the electricity bill or buy groceries can potentially cripple your own financial future, but allowing the person who raised you to go without simply isn't an option for most.
6 August 2017
