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Once you have figured out what types of investments you want to utilize in your investment portfolio, then you must look at what kind of account you want to own those investments through.   Let’s take a look at several account types you can utilize to accomplish...

When it comes to investing, the biggest hurdle to overcome after you’ve decided how much you want to save or invest is what to invest your money in exactly.  There are so many different investment options today, it can be very intimidating trying to decide how you...

Here’s a question a lot of people ask and then the next question is what kind of life insurance do I need. Let’s start by outlining the two main types of life insurance by categorizing them as Term Life and Permanent Life Insurance. There are many variations of both...

Over the last 12 to 18 months, inflation has been bearing down on consumers and businesses.  The Fed began aggressively hiking interest rates to try to slow inflation, and the jury is still out on where we are in the process of getting inflation under control.  Higher...

When it comes to taxes, everyone wants to find ways to help reduce how much they have to pay to Uncle Sam every year.  With all the social media outlets like Tiktok and  Youtube, proclaimed financial gurus are posting videos telling everyone how they can save or not...

Most people seem to give credit cards a very bad wrap. It’s most likely because people tend to misuse them which is why they have such a bad reputation.  If you understand how they work, how to use them, and are disciplined when using them, then they can be an...

Once you have identified your average monthly income and categorized your expenses into discretionary or non-discretionary expenses, it’s time to start coming up with guidelines or strategies for your budget. We’re going to look at several different strategies that...

Before you begin planning your budget, it’s important to understand the different categories that need to be included in your budget.  There are two main categories, which are Income and Expenses.  There will likely be only 1 or 2 sources of income for most people,...

There are many ways you can focus on saving for your retirement, but what’s most important is that you have a game plan and that you stick to it.  In your retirement saving game plan, you need to look at how much you think you may need in retirement to pay all your...

If you are currently participating in an employer sponsored retirement plan or maybe you’re looking at options for your own self managed accounts like a brokerage account or IRA, you’ve probably seen some options for Target Date Funds or Allocation Funds.  A lot of...