4 Strategies to Increase Savings
Here are 4 useful strategies we recommend in order to increase your savings.
Q&A: How do I set better financial goals?
Question: How do I set better financial goals?
Short answer: Focus on the 3 S’s in SucceSS: schedule, start, simplify.
Long answer: Click to read…
Q&A: What does a financial advisor do?
Question: What does a financial advisor do?
Short answer: A financial advisor helps clients achieve financial goals.
Long answer: Click to read…
Top 3: Job Change
1. Evaluate benefits of both CURRENT and FUTURE employer
2. Review insurance coverages and prevent gaps
3. Account for your accounts
The Three Tax Buckets
Taxes will be one of your largest expenses in retirement. In order to create optimal flexibility and improve tax management, develop buckets of money based on different tax rates.
Q&A: Financial Advice
Question: What do you think about (insert miscellaneous financial advice) from my dad/friend/influencer/television personality/stranger?
Short answer: It depends.
Long answer: Click to read…
Financial Literacy: Take the Test!
Financial literacy is the knowledge and competency to understand money and make financial decisions.
Unfortunately, Americans lack information…
Top 3: Home Purchase
1. Accumulate savings for a down payment, associated costs/fees, and emergency fund
2. Complete the mortgage pre-approval process
3. Peruse homes patiently
F: Focus your attention and time
Time is a finite resource – there are only 24 hours in each day. Therefore, it is important to focus time and attention carefully, especially regarding finances.
E: Empower yourself financially
Talking about money makes many people feel uncomfortable - the topic is considered taboo within our culture. As a result…
D: Dedicate dollars to your goals
Financial goals range in size and timeframe. While it may feel necessary to choose which goals to prioritize, the appropriate course of action is…
C: Contribute for your employer match
As an employee for a company, one of the potential benefits offered is a retirement plan. A retirement plan provides the opportunity to save…
B: Build or Bolster your emergency fund
It is imperative to set aside cash in a bank account reserved for unexpected situations. This type of cash savings is commonly called…
A: Align your resources and lifestyle
This tip typically elicits laughter (and the occasional eye roll), but while it sounds simple, it is not always easy to execute. Your financial well-being depends greatly…
Back to Basics: Financial Planning ABCs for Generations X, Y & Z
As member of the XYZs, I understand the unique opportunities and challenges we face around financial planning. We place high value on ease and convenience – seeking education…