Having Money Discussions Is Important in a Relationship
Key takeaways Younger generations are handling money differently than those before them. Gen Z and millennials are much more comfortable discussing money. Money is one of the biggest reasons for divorce. Talking about money before marriage is a good thing.
Five Money-Saving Tips for Students
Key Takeaways College can end up costing you a lot more than just tuition these days with all the extras they offer up to get you to spend more of your money. Doing things like sharing an apartment, building a budget, taking part in free activities, using public transportation, and buying used textbooks will help […]
Delaying Your Leap from the Nest
Key Takeaways It might sound strange to be living with your parents at 30, but it can be a good idea to help you defray costs if you have a significant amount of student loan debt. With rent costing anywhere from 30-50% of people’s income, housing is one of the biggest costs in a person’s […]
401(k) Tricks You Probably Don’t Know
Key Takeaways Most people, when they are starting off in the workforce, end up working at a few different jobs for the first few years. Many companies offer matching 401(k) programs, and you can actually roll over one 401(k) at one company to another 401(k) at another company. Most 401(k)s have what’s called a loan […]
Your Money Timeline
Key Takeaways When it comes to investing money, the order in which you invest matters. Before investing in anything, make sure your emergency fund is set up and topped off. It’s important to know what your short, intermediate, and long-term goals are in order to know what assets you should invest in and when.
Healthy Money
Key Takeaways Money, especially decisions involving money, can take a huge toll on your health. One of the biggest stressors on people’s health when it comes to money, is owing money in the form of loans or debt. Paying off debt or putting together a solid plan to pay off debt is a great way […]
The Debt Shovel
Key Takeaways How we take on debt and how we pay it back can be a bit of an intangible concept. When you initially take on debt, it’s tax free, but when you pay it back, it’s with money after tax, and that means it takes more of your income to pay that debt back […]
The 50% Rule
Key Takeaways If you get a raise or your income increases for some reason, use the 50% Rule to take half of that increased income and save it or pay down debt. Many times when we have an increase in income, we spend it on things we don’t really need. That new increase in money […]
Tax Planning – Not Just for the Wealthy
Key Takeaways While taxes may be certain in life, there are tax advantage strategies that can help lessen the toll taxes can take on your money. There are three tax advantage benefits to look for when we talk about tax planning: tax deductible, tax deferred, and tax free. Yearly tax planning can save you a […]
All Together Now – The Wealth Portal
Key Takeaways There are many apps out there that can help you track your finances separately, but it’s cumbersome and time consuming. A wealth portal puts all your finances in one place, providing you with a quick summary that you can easily glance over once a week to ensure nothing is amiss. Using a wealth […]