Money Hacks

MONEY HACKS: Financial Literacy – Understanding Interest Rates

We’re more than halfway through financial literacy month! What steps have you taken to improve your financial knowledge and picture? In this video, we are focusing on interest rates and how they can shape your overall cash flow. I’ve talked to a number of investors who have recently refinanced their mortgage and/or consolidated credit card debt to take advantage of better interest rates. Check out some of the ways to advance your financial picture by reevaluating rates on your debt and your savings!

Continue Reading

MONEY HACKS: How Are You Celebrating Financial Literacy Month?

Did you know April is financial literacy month? To help expand your money know-how, we’ll be focusing on ways to improve your financial picture this month. This is particularly special to us because nearly every day we are working to help Americans get on track for their financial future. In the video below, I talk about some of the personal goals our team members have, and encourage you to share yours. 

Continue Reading

MONEY HACKS: What is Your Happy Place in Retirement About?

Earlier last week, CNBC published an article by financial planner, Ivory Johnson on the different ways you can be happy in retirement. This idea is something we talk about a lot when sitting down one-on-one with employees. We encourage individuals and couples to image their life in retirement while answering three questions: where are you, what are you doing, and who are you with? In this Money Hacks video, we go into not just saving for retirement, but how having a plan now can help you enjoy your retirement.

Continue Reading

MONEY HACKS: Where are you in your Financial Journey?

Each day, our team is meeting with individuals to help them make the best decisions for their financial lives. After more than 10,000 one-on-one coaching session, we know that each investor is unique; we all have different financial challenges, goals, and priorities.  So, we’ve created the “Financial Wellness Hierarchy.” It’s a road map that leads you, step-by-step, in making the best decisions for your financial life – beginning with key foundational pieces such as developing emergency savings. Check out this short Money Hacks video to find out more.

Continue Reading

MONEY HACKS: Will You be Surprised by Your Tax Refund?

With less than 60 days away from the tax filing deadline, there have been many individuals and families surprised by their tax refunds (or lack thereof!). Last year, the new Tax Cuts and Jobs Act went into effect. This sweeping law lowered tax brackets for most American workers, while also changing the way some filers can take itemized deductions. In this Money Hacks episode, Alex talks through the different changes you need to be aware of when filling your taxes and, most of all, preparing for 2019.

Continue Reading

MONEY HACKS: How are You Doing with Retirement Savings?

Alex Assaley, AIF®

Alex Assaley, AIF®

Blog Post

Special guest and newest member of our AFS 401(k) team, Allison Rosenberg joins me in this Money Hacks episode. She brings years of real-world financial coaching experience and is here to answer one important question — How can you measure if you are on track for your retirement?

With this simply idea, you don’t need a phone or calculator. All you need is to know how much you have in your retirement account and open ears. We’ll walk you through a simple calculation to determine if you have enough retirement savings. If you find yourself on good terms great but if not we’ll also give a few tips to help you catch up.

 

Continue Reading

MONEY HACKS: 'Fyre Fraud’ is Everyone’s Nightmare

Alex Assaley, AIF®

Alex Assaley, AIF®

Blog Post

The internet sensational and the epic fail that is the ‘Fyre Festival’ continues to be the hot topic around offices and coffee houses throughout America. The event promised “Instagram come to life” and yet it delivered zero entertainment for concert goers and less than mediocre cheese sandwiches. Moving past the festival itself in this Money Hacks video, I talk about the great lesson that can be taught from these documentaries about financial scams, schemes, and fraud. Thousands of people are scammed every year by companies and individuals alike. Be diligent, be thorough (when reviewing investments and financial opportunities) and avoid falling into a fraudulent situation, so you can enjoy your life.   

Continue Reading

MONEY HACKS: Are You Impacted by the Government Shutdown?

Alex Assaley, AIF®

Alex Assaley, AIF®

Blog Post

This government shutdown is now the longest in history and seems like a “never-ending government” closure impacting hundreds of thousands of federal employees across the country and the DMV area. This kind of event is a great opportunity to remind us of the importance of emergency savings and preparing for the unexpected. We have a lot of content on MoneyNav that can help you make any necessary changes in your overall money life. If you’re a government employee or know one, we discuss a few things that can help minimize and reduce expenses while going through this difficult period. Feel free to reach out to us if we can help provide guidance on your specific situation.

Continue Reading

New Module

Add content here.