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Finance 101

  • Key Provisions of the CARES Act

    Posted on May 13, 2020 by Ryan Batey – Strategic Investment Services Advisor
    Tucked into the gigantic “Coronavirus Aid, Relief, and Economic Security” (“CARES”) Act were two key changes you should know about, regarding required minimum distributions (RMDs). Both were designed to give people more control over their money and to help manage selling investments during an emergency.
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  • A Stock Market Lesson to Remember

    Posted on May 13, 2020 by Ryan Batey – Strategic Investment Services Advisor
    Undeniably, spring 2020 has tried the patience of investors. An 11-year bull market ended. Key economic indicators went haywire. Household confidence was shaken. The Standard & Poor’s 500, the equity benchmark often used as shorthand for the broad stock market, settled at 2,237.40 on March 23, down 33.9% from a record close on February 19.
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  • Fun Activities to do With Your Kids at Home

    Posted on April 24, 2020 by Jake Ward
    It isn’t easy to be holed up at home with only your family for company. As the parent, though, you have the unique opportunity to set the tone in your home and decide if these weeks will be a nightmare for everyone or filled with precious memory-making and family bonding activities.
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  • Last-Minute Budgeting Tips for the Holidays

    Posted on October 28, 2019 by Jake Ward, CMSE – VP of Marketing
    Holiday budgeting. We all say we’re going to do it around July. Then October rolls around and – uh oh. That holiday savings account didn’t happen. The National Retail Federation reports that the average consumer spends around $1,000 during the holiday season. Festive food, decorations and of course, gifts, make the holidays jolly. But if you’re not financially ready, November and December – and the bills in January – can make the holidays a headache.
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  • 4 Things to Do with Your Tax Return

    Posted on February 01, 2019 by Jake Ward, CMSE – VP of Marketing
    Last year, more than 70% of Americans got a refund on their federal income taxes. Are you one of the many who’s expecting a tax refund this year? There are a lot of smart choices that you can make with your refund. Let’s go over a few:
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  • 5 Tips to Help you Budget for a Wedding

    Posted on January 15, 2019 by Jake Ward, CMSE – VP of Marketing
    If you’re reading this, it’s either because you’re getting married, or a loved one is and you’re helping to pay for the wedding. Either way, congratulations! There are few life events happier than a wedding. At some point, though, you may find that the stress of wedding expenses clouds some of the joyousness of the occasion. It doesn’t have to be that way! Here are a few tips to help you manage that wedding budget and reduce your stress level.
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  • Small Savings Goals can Yield Big Dividends: Learning to Save

    Posted on January 02, 2019 by Jake Ward, CMSE – VP of Marketing
    Experts will tell you that you should have 3-6 months of living expenses saved up in case of an emergency. That’s great advice and definitely something to aspire to. But for many people, that goal is just too far-reaching, and can be so overwhelming that they’re discouraged from saving at all. If that’s you, then we encourage you to start with a smaller savings goal. For example, did you know that the typical loan from a payday lender is $300-$400? But if you have to borrow from a payday lender, the fees you pay to borrow the money can equal an annual percentage rate of 300-400%. That can be extremely difficult to overcome, especially for people living paycheck to paycheck. So if you are currently one of approximately 25% of Americans with little to no savings, now is a great time to change that! We encourage you to set a savings goal, even a small one that will keep you away from payday lenders. Once you develop a habit of savings, it will get much easier. Trust me.
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  • Best Practices for Holiday Spending

    Posted on November 14, 2018 by Jake Ward, CMSE – VP of Marketing
    The holiday season is in full swing! Everyone is carrying out their favorite traditions – family time, decorating, and volunteering to name a few. But the holiday season also means that you’re typically dishing out more money for gifts, travel, and other expenses. This season can become costly, and therefore stressful, really quick. Check out our best practices for holiday spending so that your bank account doesn’t take a big hit.
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