4 Strategies to Increase Savings
Here are 4 useful strategies we recommend in order to increase your savings.
Top 3: Starting a Business
1. Build cash savings
2. Create separate accounts
3. Focus on business growth
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…
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…
Q&A: Education Savings
Question: Should I save for my child’s education if someone else (such as their grandparents) told me they plan to cover the cost?
Short answer: Yes. Save and save on a regular basis.
Long answer: Click to read…
Top 3: Engagement
1. Speak openly and honestly about finances
2. Open a joint bank account
3. Create common financial goals, while still making progress with personal goals
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…
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…