Offering objective advice and in-depth financial education.
Saving money can feel daunting and impossible to do. A study done in May, 2022 found that 51% of Americans have $5,000 or less in savings, while 35% have $1,000 or less in savings. Many intend to save only to find that they have no money to save at the end of the month. This is where a budget can help.
Have you recently secured an employment contract and feel your income is necessary to protect? When comparing disability income insurance, we believe there are four important aspects to consider: contract, company, price, and agent. This article intended to focus on explaining some of the contract language and options.
Planning for your finances is not something to be ignored, but why? And what does that look like? In this article we will outline why financial planning is important, what happens when planning is ignored, and what happens when planning is done well.
Once an individual’s student loans are out of deferment and their grace periods are complete, they’re forced to begin making payments under a formal repayment plan. Repayment plans fall into two broad categories: (i) those that are indifferent to whether you can afford the payments, and (ii) “income-driven” plans that consider your earnings to try and keep the payments affordable. Today we are going to discuss the second category: “income-driven” plans that consider your earnings to try and keep the payments affordable.
Traditionally, inflation is a silent headwind – we haven’t paid much attention to it, nor has it impacted our daily lives. However, given that we are writing history with today’s inflation and interest rates, this article is an attempt to explain inflation, its impacts on everyday consumers, and some practical suggestions for balancing cash flow in times of inflation.
As most know, the updated student loan news was announced recently. There is a lot of new information out there. We have done our best to unpack the information in a way that is easy to understand. This article will outline the updates made to COVID forbearance and the student loan forgiveness granted recently.
Maximize charitable giving. Minimize tax burdens. Charitable giving is an important aspect of a healthy financial practice. When you give to charities, you want to do so in an efficient and impactful way. One resourceful way to do this is through donor-advised funds (DAF). Through DAFs, patrons are able to maximize charitable giving while also minimizing your tax burden.