Financial Planning

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Who should contribute to a 401k?

Do you know who should contribute to a 401(k)?  The simple answer is everyone—regardless of age.  Think of it this way, if you don’t plan for your retirement, who will? For some of us, retirement seems a very long way off. In fact, it is almost unimaginable. However, with the average life expectancy increasing and the […]

How to build an emergency fund

Building an Emergency Fund  is one of the most important things we can do for our family.  We’ve all heard the expression; make sure you have a rainy day fund. In other words, be sure to have some money put aside for emergencies to avoid tapping into your available credit—or worse, going into debt. Makes […]

Financial Institutions – friend or foe?

Are Banks Safe? Regardless of our age, we have heard, read, or even seen movies about The Great Depression, which began in 1929 and continued until the late 1930’s. And although The Great Depression had its origins in the United States, it was global in nature—causing a severe worldwide economic downturn. Unemployment, for example, rose […]

Holidays: Money and Time Management Tips

With the holidays right around the corner, many of us spend hundreds and in some cases, thousands of dollars leading up to this festive time of year. These expenditures are not only a result of gifts purchased for family and friends—but include entertaining, food, decorations, traveling, and more! If you love to celebrate the holidays […]

Teaching the Young to Budget

One of the critical components to creating wealth while avoiding debt is to learn how to live on less than your income. And one of the surest ways to do this is to develop and stick to a practical budget. Accordingly, if we want to groom our children for financial success, we need to teach […]

Who needs a will?

Most adults recognize the importance of having a Last Will and Testament. But did you know that as many as two-thirds of adult Americans don’t have one? In fact, according to the United Way, 60% of Americans die without a Last Will and Testament. Simple laziness, the uneasiness at the thought of one’s own death, […]