10 Expenses Homebuyers Forget About

2022-06-01T19:46:33+00:00June 22, 2022|Blog, Family Financial Information, Real Estate|

Buying a house is an exciting journey, but it can also be stressful (and costly), especially if you walk into the process unprepared, something far too many people do. In fact, over a third of home buyers said they underestimated the total costs of homeownership.   Sure, the price tag may be the biggest cost up-front—but the sale’s price is just one expense homebuyers must consider. Beyond mortgage and insurance, there are additional costs all new [...]

How Goals-Based Investing Can Transform Your Strategy for Good

2022-04-26T21:45:42+00:00May 29, 2022|Blog, Goal Planning, Investments|

Let’s start with a “big” question.  Why do you invest? Your first thought probably wasn’t padding your balance sheet or passing away with millions in the bank.  Your mind likely traveled to one of your financial goals—funding your child’s education, buying a dream home, or securing your ideal retirement plan. When you focus on the “why” behind investing, you’ll never look at the markets or your portfolio the same again. Concentrating on your “why” is [...]

Why Timing The Market Doesn’t Work (and How To Invest Better)

2022-04-26T21:39:35+00:00May 15, 2022|Blog, Investments|

Few words characterize today’s financial markets better than uncertainty.  When overseas economic issues rob investors of months of gains and speeches by Federal Reserve officials cause markets to flip-flop unpredictably, investors are left wondering what they should do.  In an attempt to make major market movements work for their portfolios rather than against them, some investors attempt to time the market.  But is timing the market even possible?  Let’s look at what marketing timing is, [...]

Kids and Credit: When They Need A Card And How To Build Good Credit Early

2022-04-26T21:28:04+00:00May 1, 2022|Blog, Family Financial Information, Financial Planning Psychology, General Financial Planning|

As a financially responsible adult, you likely understand how important good credit is to a successful financial future. Learning sound credit card habits is an excellent way for your child to learn about financial responsibility, independence, and growth. So when should your children start building their credit? Early on, kids must learn that these plastic cards aren’t synonyms with an endless supply of money.  Let’s explore some ideas on how to teach your children about [...]

5 Easy Rules For Structuring Your Kid’s Allowance

2022-04-26T21:20:53+00:00April 11, 2022|Blog|

Giving your kids an allowance is an excellent opportunity to teach them about money, develop healthy financial habits, and form a positive relationship with their money—traits that will serve them well as they age. When you use an allowance to its full potential, your children can learn about savings, investing, goal setting, spending habits, and much more. But without a clear understanding of what an allowance is and how it works, your children may begin [...]

Top 4 Money Management Tips To Ace Financial Literacy Month

2022-04-26T21:21:02+00:00April 7, 2022|Blog|

Did you know that April is National Financial Literacy Month? There’s no better time to chat about money management! What started more than a decade ago as a financial-literacy awareness day is now a month-long campaign Congress recognizes every year. Since its inception in 2004, the program has highlighted the importance of financial literacy and teaches people of all ages how to manage their money wisely. While it may seem simple, research shows that Americans [...]

Why Proactive Tax Planning Can Save Your Family Money In The Long Run

2022-04-26T21:21:10+00:00April 1, 2022|Blog, Taxes|

If taxes were a common household game, what would they be? While your mind may instantly go to something maddeningly random like “go fish” or intensely competitive like poker, it’s really much more of an ongoing and ingenious dance, like chess.   In chess, players function strategically within a complex set of pre-existing rules and parameters—sounds a lot like the tax code, doesn’t it? Here’s the thing about your taxes, they aren’t a one-and-done sort of [...]

Why You Need More Than a Robo-Adviser

2022-03-10T18:41:45+00:00March 10, 2022|Blog, Investments|

As technology for robots and artificial intelligence become more sophisticated, it starts to have a universal place in society’s daily functions—and finance is no exception.  By now, you’ve likely heard of “Robo-advisors,” which are online investing platforms that use computer-generated algorithms to create strategies and manage your money.  Most Robo-advisors are entirely automated, but some also offer access to human assistance. These platforms provide simple portfolio management with little human interaction at rock-bottom prices.  This [...]

This One Simple Tool May Be The Key To Save Your Retirement Plan

2022-03-10T18:43:48+00:00March 1, 2022|Blog|

At first glance, retirement planning can seem quantifiable and formulaic. You map your retirement lifestyle, create a diversified portfolio aligned with your income needs, plan for healthcare, build a cash flow plan, establish wealth protections, and so on.   But if retirement planning is conventional and cut and dry, what derails so many people from retiring happily? If retirement planning could be as simple as checking the boxes, we would have several more people prepared for [...]

The 7 Most Common Errors On Your 2021 Tax Return and How to Avoid Them

2022-02-16T16:18:59+00:00February 16, 2022|Blog, Taxes|

The dawn of 2022 brings opportunities to create new resolutions and financial goals—and it also marks the beginning of tax season. While tax day on April 18th can seem far away, this year’s deadline will be here before you know it. As you start gathering your tax documents and completing your return, we've compiled a list of the most common filing errors to look out for and avoid.  Whether you hire a professional or go [...]

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