Regardless of your confidence, everyone needs a contingency plan? On September 28th the Conference Board announced that its Consumer Confidence Index declined in September, after declining in both July and August. The Index now stands at 109.3 (1985=100), down from 115.2 in August with only 19% of consumers feeling confident about…
While it’s true that money isn’t everything, it also must be said that money has an impact on most if not all other aspects of our life. Financial well-being has measurable effects on our mental and physical health, relationships, professional health, and ability to relax. Toward that end, it’s vital…
2020 was a tumultuous year on all fronts, and most investors and homeowners are hoping for more stability and calm in 2021. Looking forward to the rest of the year, there’s some speculation about the future of the real estate market and the role that residential mortgages will play in…
Homeownership is a cornerstone of the American dream and plays a strong role in our culture’s understanding of success, stability, and family. The question of “how much home can I afford” is one of the most important that many of us face as we make what is likely the biggest…
It only takes a single jarring moment to throw your life off the rails. While we all avoid thinking about the horrific and the impossible, accidents can happen and shatter your world. Disability can strike out of nowhere due to accident, medical emergency, or just age–by some estimates, one out…
Most Americans–80% plus–get married at some point in their lives. And for those who do, it’s likely both a big decision and a huge shift in their way of living. Amidst the joy of a pending or established marriage, it’s important to remember that your new union has implications for…
Life is fraught with uncertainties and the unexpected, which is why an emergency fund is a must for every individual or household. As part of a sound financial plan, your emergency fund functions as a personal safety net or buffer, there to catch and cushion you when life’s path gets…
The financial industry is a vast space, filled with many specialized firms, businesses, and experts. It can be daunting for a professional, let alone an informed layperson. Navigating the world of finance involves an understanding of the roles the various professionals involved play, a key indicator of which is the…
Money management is a critical component of both business and personal success—frankly, it’s one of the keys to a happy life. One of the strongest options available for proper personal wealth management is a financial or tax adviser. Finding the right financial adviser can both simplify your own workload in…
Humans are not very good at making healthy long-term decisions. Our natural tendency to focus on what benefits us right now. This includes making poor financial decisions. This isn’t a product of social media or cell phones. Studies suggest that our brains are hard-wired to see our future selves as…
Every parent and grandparent want the best for the next generation. For most young people, a college education is an essential foundation for a financially successful life. But your child’s college education could be economically ruinous without proper planning. Costs of Your Child’s College Education Forbes has reported that the…
Does philanthropy have a role in a wealth management strategy? One of the biggest misconceptions about wealth management is that it is solely focused on the accumulation of more capital. However, for most people, wealth management is about making sure they have sufficient resources for their family and the causes…
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