by Dave Conley on June 6, 2023.
What determines the amount of your Social Security benefit? How to determine what your benefits? The mistake over 40% of all retirees make when starting their Social Security.
by Randy Chalmers on June 2, 2023.
I know I’m not alone in this, and occasionally you and your family are sitting around talking (and dreaming) about what you would do if you won the lottery. As the purchases get discussed, the topic arises of how you would take the money, in a lump sum, or as an annual payment over the...
by Randy Chalmers on May 12, 2023.
Tracking your money is an important part of managing your personal finances. By keeping track of your income and expenses, you can better understand where your money is going and make informed decisions about how to save and spend. In this blog, we’ll cover some better ways to track your money. Use Budgeting Apps: There...
by Dave Conley on April 28, 2023.
“Awareness is like the sun. When it shines on things, they are transformed.” Thich Nhan Hanh Becoming aware of our spending is one of the most powerful tools we have. Why? In examining our spending we become aware of ourselves. Budgeting is simply being aware of our spending. Why is this keeping track of how...
by Dave Conley on April 21, 2023.
Cable and online financial news (for the average investor) can also be overwhelming and cause investors to make mistakes. The term I use for this news is “Financial Pornography”. I can think of many bad decisions made by viewers of financial porn but narrowed it down to four mistakes the average investor is likely to...
by Dave Conley on March 24, 2023.
How widespread is the current banking turmoil? Should we be concerned about our bank deposits? Are the current challenges unique or similar to other banking turmoil in the past? Are there investment opportunities in this economic environment?
by Randy Chalmers on March 10, 2023.
As tax season is upon us, let’s talk about them! We know they are an essential part of our society, but nobody wants to pay more taxes than necessary. Fortunately, there are numerous ways to reduce your tax liability. Tax deductions are expenses that reduce your taxable income. There are several tax deductions available, such...
by Dave Conley on February 24, 2023.
I ask potential clients to describe their version of financial freedom (or financial peace) and how we can help them achieve this goal. It’s extremely common for the answers to center on some sort of financial/investment success metric. Stuff like:• Increase my investment returns to 10% a year consistently with minimal risk.• Pay off all...
by Randy Chalmers on February 9, 2023.
If you are like….everyone else in the world, saving is not at the top of your “fun things to do” list, nor is it an easy task. So, here are some ways that you can ensure you pay yourself with a little less stress about the topic. Pay Yourself First You’ve probably heard the phrase...
by Randy Chalmers on January 27, 2023.
Like Dave Ramsey says, a lot of people state they will always have a car payment, which is something I personally have said most of my adult life. This is because we’ve learned to budget our lives around paying our necessities like the mortgage, groceries, water, electricity, and…car payments? According to 2022 data from Experian,...