What’s the difference, you ask. Aren’t they the same? The answer is “no” and, depending on your situation, you may want to use one, the other, or both. Let’s take a deeper look. Money Market Account A money market account, sometimes called a money market deposit account, is a type of bank or credit union […]
MONEY MARKET ACCOUNT OR MONEY MARKET FUND? Read More »
One of my previous blogs covered saving for short-term goals. Now it is time to look at options for investing to reach your long-term goals. Remember that investing is only appropriate if your living expenses are covered, your debt is under control, and you have built an emergency fund. After that it may be time
WHERE CAN YOU INVEST? Read More »
Are you prepared for retirement? A study done by The American College and the State Farm® Center for Women and Financial Services found: “Business owners, unlike most workers, were always responsible for funding their own retirement. It might be assumed, therefore, that retirement planning is a routine aspect of their financial activities. Evidence suggests, however,
EMPLOYERS SECURE YOUR FUTURE IN 2023 Read More »
Small business owners wear many hats. When I started my own financial planning business, I was surprised at how many hours it took to run the office, market my product, and attend to record keeping for compliance. The part I loved – meeting with clients along with preparation and research for the meeting – took
TAX CREDITS FOR SMALL BUSINESS Read More »
Are you worried about having enough to retire, let alone having the lifestyle you want? You are not alone! According to U.S. Census Bureau data, 50% of women and 47% of men between the ages of 55 and 66 have no retirement savings.1 Women over age 65 are more likely to be poor than men,
SECURE YOUR FUTURE IN 2023 Read More »
I recently read an article posted by Business Insider entitled, “Gen Z and millennial workers feel confused, irritated, and left out by endless ‘workplace jargon’ in the office, LinkedIn research shows.” Key points are: ”Almost half of Gen Z and Millennial workers say “workplace jargon” is making them feel left out. “A new survey by
ARE YOU LEFT OUT BY WORKPLACE JARGON? Read More »
With turmoil in the financial world – inflation, bank bankruptcies, recession concerns, etc. – you may have reached the point that you want to check in with a professional advisor. If nothing else, it may calm any anxiety about your future. Common questions I hear as I speak to audiences across the nation are: Am
SHOULD I HIRE A FINANCIAL ADVISOR? Read More »
Congratulations! Well done! You have worked hard, accomplished a huge goal, and are about to take the next step in your life journey. That step may include more education, skills training for a particular job, marriage, and parenthood, or something unique to you. Maybe you are going to take a travel year. This new chapter
GRADUATE, ARE YOU READY FOR YOUR FINANCIAL JOURNEY? Read More »
I recently returned from a trip to London and Paris with my partner, my twin sister, and her husband. The four of us get along well and are good travel buddies and this trip was no exception. Although I have been fortunate to travel to Europe several times, I had never visited France or England,
LESSONS FROM TRAVEL Read More »
Will you be 60, 61, 62, or 63 in 2025? Are you still employed and contributing to your company retirement plan? Then start planning now for the added contribution you may make starting in 2025. Catch-Up Contributions You may be aware that under current law, employees who reach age 50 are permitted to make catch-up
EXTRA RETIREMENT PLAN CATCH-UPS ARE COMING YOUR WAY Read More »