Financial Planning

Savvy Tips for Buying a Boat and Getting You on the Water Quicker

So, you have decided to take the plunge and purchase a boat; how exciting! But, how will you pay for it? Before diving into buying a boat, carefully consider your finances and budget1 to be sure you can afford the next step2. Remember, the cost of owning a boat is more than just the boat…

How to Create a Budget You Can Actually Stick With

Do you feel like your finances are out of control? Are you charging too much on credit cards each month? Do you sometimes wonder where you are going to come up with enough money to pay your bills? If any of these describe your financial situation, putting a budget in place could help. Here are…

Why Saving Isn’t Enough

Forget that myth that millennials are bad with money. If recent surveys are accurate, 20- and 30-somethings are excellent at saving money and building up stacked savings accounts. In fact, nearly 1 in 4 millennials report having $100,000 to more in savings, according to a new Bank of America report. Of those surveyed, “Seventy-three percent…

5 Tax-Advantaged Ways to Save for College: The Pros & Cons of Each

When you are looking to save for college, it is easy to find yourself mired in an alphabet soup of options — ESAs, 529s, UGMAs, UTMAs, and IRAs. But each of these options comes with a unique set of advantages and disadvantages you will want to know upfront. Choosing the right way to save can…

How To Survive A Layoff Or Furlough During The COVID-19 Pandemic [INFOGRAPHIC]

Becoming unemployed due to a layoff or furlough can be an unsettling event that can cause a wide range of emotions. Understanding your options and making the right financial decisions during this period-of-time can help you successfully navigate through this challenging period in your life. Here are some useful information and financial tips to help…

Estate Planning in the Age of COVID-19

The coronavirus pandemic has been a wakeup call, showing us all how quickly our lives can change. Even healthy adults have gone from living their lives to coming down with fevers to being placed on ventilators in hospitals, all in the span of a couple weeks. The worst scenarios have led to untimely deaths and…

11 Ways to Earn Money If You’re Unemployed Due to COVID-19

Unexpected job loss can be traumatic. If you were laid off or furloughed because of the coronavirus outbreak, money might be tight. You may need to make some difficult decisions as you navigate paying bills and putting food on the table during financial uncertainty. After you assess your current financial situation, prioritizing and eliminating non-essential…

The COVID-19 Stimulus Package: What’s in it for you?

The $2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES Act) is full of provisions that help individuals, small businesses, and families. No matter your circumstances, there’s likely some part of this act that will benefit your finances and help you stay afloat while we ride out this pandemic. Here’s what you need to…