Category Archives: Savings
Alert: Be Careful of this Investment Strategy
Tweet The stock market has certainly had a bumpy ride over the last few years. The instability of the market has created a large number of questions for the individual investor. One question that I have been asked by many involves stock dividends. The question goes something like this: If money market and CD rates are paying laughable returns, why not invest … Continue reading
Deals, Rewards, and Steals
Tweet With our economic environment in question, we need to take advantage of every possible opportunity to save a dollar along the way. More and more companies are offering “deals” to reward loyalty and capture new customers. Some of the offers are coming from places you may not expect, so I thought I would share with you some of my recent finds. … Continue reading
401K:Still the Best Game in Town!
Tweet The market has made a nice return from its lows several weeks ago. The storm has seemingly calmed, at least to some degree. The interesting fact is that nothing has really changed. We are still facing the same economic issues we where three or four weeks ago. My point is that the uncertainty still remains. With the uncertainty still in place, … Continue reading
UTMA & UGMAs What are they?
Tweet As a holistic financial advisor, it’s always important that I view the big picture for my clients, and a very important piece of that picture is the children of my clients. We all want the best for our children and want them to have a life better than the one we had at their age. Sometimes our well-meaning actions will not … Continue reading
Seven Tips for Uncertainty!
Tweet Okay, Now What? After a couple of tough weeks for the market, the level of fear seems to be at a pinnacle. While fear is not always a bad thing, when it comes to investment decisions, fear is not a factor we want creeping into to our thought process. Many people have said that fear and greed drive the market. We … Continue reading
Wanna Save a Few Bucks?
Tweet This coming weekend will begin the Tennessee Sales Tax Holiday. This annual event occurs the first Friday in August and is a great way to save a little cash. If you are in the market for school supplies, clothing, or a new computer, it might be worth it to target your spending for this weekend. The Details The sales tax holiday … Continue reading
Five Questions for Mid-Year!
Tweet Here we are right in the middle of the dog days of summer. The weather’s hot, and the pace of life slows. The vision of a rocking chair and cold iced tea comes to mind. While we sit back and breathe a sigh of contemplative relaxation, we also need to be aware. We need to be aware that we are half … Continue reading
The Five Fundamentals of Financial Success!
Tweet The Five Fundamentals of Financial Success is always a great starting point when it comes to financial planning. Matter of fact, every new client I meet with, wealthy or not, gets to hear my commentary on these five gems. Even though these financial nuggets seem simple, the effectiveness is real. 1. Save at least 10% of your income Saving 10% of … Continue reading
Ten Ways to Save Money without Pinching your Lifestyle!
Tweet As a fee-only advisor I often speak with clients in regards to their cash flow. We sometimes drill down to fine detail. When this occurs I always seem to find ways to cut corners without negatively impacting the client’s lifestyle. Here are a few of the examples I have learned over the last several years. Eliminate Bank Fees– Banks are battling … Continue reading
Your Two Percent Raise…..Part II
Tweet If you read my blog post last week, you noticed I mentioned the 2% social security tax reduction for tax year 2011. While this is certainly a nice pay raise, we need to make certain we don’t forget about the expiration of the Making Work Pay Credit. The Making Work Pay Credit benefited most earners with a $400 credit ($800 for … Continue reading