There are a variety of viewpoints on how social media influences our society - both good and bad. After all, some people are spending hours a day on these platforms and we need to be aware of their impact. From our vantage point, we’re paying close attention to how these networks influence our clients’ spending, saving, and investing habits.
5 Ways to Incorporate Unexpected Cash in Your Financial Plan
Receiving an unexpected sum of money can be a welcome surprise, but deciding what to do with it can be a challenge. Should you save the money or pay down debt? Invest the funds or donate to charity?
While rushing to book a vacation with proceeds from a windfall may be tempting, it might be more rewarding to use the funds to shore up your finances for the long run. Here are five strategies to consider:
Will Rising Mortgage Rates Slow Down Housing?
Housing prices have increased every single month for the past 12-years
The housing market has been frustrating for buyers and a boon for sellers, but there are signs that those frustrations might be easing – depending on where you live.
Would-be buyers have struggled with historically low inventories, crazy bidding wars and now have to add rising mortgage rates to their worry list. Sellers on the other hand have been rejoicing as average housing prices continue to increase month-over-month and year-over-year, with average home prices jumping 15% in the last 12 months.
But sellers also face a dilemma: where do they go if they do in fact sell? And while there are signs that 2022 might see some cooling off, there are also signs that the relief will be too little – and maybe not at all in certain markets.
Make Your New Year’s Resolutions Stick
Be among the 8% that stick to their resolutions
Will you make a New Year’s resolution this year? One of the smartest resolutions might be getting your finances in order. But as we all know keeping that promise to ourselves is another matter.
A lot of people make money resolutions. According numerous studies, the most popular resolution every year is to lose weight, followed by getting organized, and saving more money. It’s good to see that a financial-related resolution is in the top three.
Here is framework for making your New Year’s resolution stick.
Your 2019 New Year’s (Financial) Resolutions
How to Save Money Fast
Check out the recent article from GoBankingRates.com on June 4, 2018 written by Gabrielle Olya where we were quoted on How to Save Money Fast: 3 Ways to Save $1K in a Month
To save money fast, start by challenging yourself to save $1,000 in a month. Shifting your focus to saving for a 30-day period can help you make saving an everyday priority, and can set you on the right track to build up a healthy emergency fund or retirement nest egg.
Here are three ways to save money quickly.
In order to save money fast, you’ll need to follow three basic rules. Here are the three ways you can save $1,000 in a month: