This has been a tough year for individual stock investors, but there is still a little good news even when some market indices percentages are down by double digits. That’s because those assets may be sold at a loss to help you offset gains in other stocks. They can also help you offset some of […]
Most of us have heard the phrase ‘Christmas in July.’ Some of you may even consider it a little worn. It’s usually assigned to some event or sale designed to separate you from your money. So, let’s make a new out-of-season event to help you keep more money in your pocket. We’ll call it “Tax […]
Parents spend a great deal of time focusing on their child’s formal education. And rightfully so. But some of the most important lessons, like becoming financially savvy, aren’t taught in school. It can be argued that having financial awareness supersedes formal education. What good does it do to have a highly educated child that is […]
Did you feel that hint of cool breeze in the air? Yes, fall is on the way. Football games, travel opportunities, and many other activities beckon people around the country to get out and enjoy the good life. And while the weather is cooling, inflation is running hotter than ever. But don’t let that put […]
Last week we discussed building generational wealth, and we mentioned starting a 529 plan for your child’s tuition. If your child can graduate college debt-free, that gives them a considerable advantage in entering the workforce. But there is much more to the 529 plan than what was covered in the generational wealth article. So, this […]
Some people just have an entrepreneurial spirit. The idea of owning their own business burns within them. And even after they start it, the fire just burns hotter and hotter. If that sounds like you, it is probably just a matter of time before you join the ranks of the self-employed. Of course, that means […]
So, you want to buy your first house, but the market has been white-hot, and it just wasn’t within reach. But higher interest rates have cooled the market (at least a bit) and you’ve been saving for a down payment. A few more rate hikes and a few more dollars in your savings account and […]
You turn on the television, and there it is, an ESPN ad touting the first college football game of the season. And where there’s college football, there is, well, college. That’s right, it’s back to school time for millions of students across the United States. But whether you are entering your first semester or your […]
Rising inflation has made personal budgets a hot topic again. And the internet is full of articles on the elements needed to create an effective budget: income, fixed expenses, variable expenses, and unplanned expenses. Those things are important, and plenty of financial experts can tell you how to incorporate them into a budget. But there […]
The term gig economy was batted around an awful lot the past two years, and with good reason. The number of workers who made money working on short-term contracts or through freelancing grew by 34% in 2020, according to SmallBizTrends. That trend is only expected to grow as the global pandemic continues to shape the […]