Budgeting

Financial Jargon Defined: Self-Insurance

As we said last month, the world of finance and investments is notorious for its extensive use of jargon. With a goal of enhancing financial literacy and making the finance world more transparent, we are committing to a “monthly jargon” post that will focus on debunking various financial terms that are continuously used sans explanation. This month, we are addressing “self-insurance.”

Continue Reading

Five Ways to Optimize Your Employer’s Retirement Plan

With traditional pension plans fading away, the 401(k) is the easiest way to save for retirement. Think about it – the money is taken out of your paycheck before you even have the chance to spend it! Because of this, your 401(k) is most likely your biggest source of retirement savings; yet, over half of Americans don’t understand exactly how 401(k) plans work. Our goal is to change that. Here are five pieces of advice to consider when it comes to maximizing the benefits of your company’s retirement plan.

Continue Reading

Is Dave Ramsey's Approach Idiotic?

OK, maybe the title of this post is a bit harsh. But let’s be honest: life is short. We should enjoy our time on this lovely earth while we are here.

Before we go any further, let’s be clear: what I DON’T mean is that we should all live beyond our means and rack up a mountain of debt. But we should be realistic about where we are now, where we want to be, and how to get ourselves in a better financial place while still having (at least a little) fun along the way.

So, what’s wrong with Dave Ramsey's approach? Well, it isn’t always financially sound. Let’s take a look at each “baby step” and set the record straight:

 

Continue Reading

Is Disability Insurance Worth it?

Insurance: security, protection, coverage – overall, a comforting word that we welcome, especially in terms of our financial lives. There are numerous types of insurances in the financial world, and the variety of options can be daunting at times. Disability insurance is one type under the insurance umbrella that is often overshadowed by its peers, life and health insurance, despite it being just as important of a part in terms of your overall financial plan.

Continue Reading

Is it Time to Set Your Kids Financially Free?

Alp Atabek, AIF®

Alp Atabek, AIF®

Blog Post

Conversations that bring money into play are notoriously difficult to have. As parents, we want to help and support our children in every way we can – even if doing so is at our own financial expense. When it comes to setting your young adult kids financially free: When is it time to (forcibly) nudge them to spread their wings? Here are three questions to ask yourself and reflect on when determining if it’s time to cut the purse strings.   

Continue Reading

Do You Struggle with Being a Primary Caregiver?

Kacy Reece

Kacy Reece

Blog Post

As a growing number of Americans begin to provide caregiving assistance to aging parents and family members, the need for caregiver support is quickly rising. In fact, 34.2 million Americans have provided unpaid care to an adult age 50 or older in the last 12 months and, at 60%, the majority of caregivers are female. Although becoming a caregiver for a loved one is not something you can necessarily predict or anticipate, it is something you can take small steps to prepare for financially.

Continue Reading

Crucial Questions to Ask When Applying for Your Mortgage

 

This content was originally published on the Apex Home Loans blog 

Whether you’re ready to buy a home, considering a refinance, or simply weighing your mortgage options, arming yourself with the right questions will benefit you greatly in the long run. Before you sit down to speak with your mortgage banker, take note of these five questions to enhance your lending knowledge, prepare yourself, and build upon your ability to address any concerns you might have. 

Continue Reading

New Module

Add content here.