Articles from the Financial Security Category
Setting Up a Retirement Plan for Your Business
October 5, 2024 | By Shane McDougald, CFP®
It’s a tough labor market, and retaining the best talent is a challenge for many businesses. One way to attract and keep skilled team members is to offer a 401(k) plan with a match that sets you apart from your…Read More
Dealing With The Dips
September 1, 2024 | By Kevin Smith
Employees get paid for doing work. Investors get paid for taking risk. Risk is the chance of losing value between the time of purchase and sale. We experience risk when the value of an asset falls while we own it….Read More
Using Dollar-Cost Averaging to Reduce Risk
May 15, 2024 | By Kevin Smith
Investing a large sum of money can be daunting, especially with the uncertainty of market fluctuations. Enter dollar-cost averaging (DCA), a strategy designed to help investors manage risk by spreading their investments over time. By consistently investing a fixed amount,…Read More
Pay Yourself First: What to Do When You Receive a Raise
February 26, 2024 | By David Lowe
Many companies conduct performance reviews and announce employee pay raises toward the end of February or in March. As a smart, creative go-getter, you most likely have great news on the way! But how do you put your higher pay…Read More
What to Do With a Lump Sum of Cash?
September 4, 2023 | By Kevin Smith
Having a pile of cash in the bank is usually a good thing, but it requires some stressful decision making. How much can we spend (YOLO!)? How much should we save? What about taxes? Should we pay down our mortgage?…Read More
Legal Documents for Young Adults
July 29, 2023 | By Manisha Gupta
Did your son or daughter just turn 18? Chances are that they are about to start college and are looking forward to this exciting phase of life. You might not feel your child is fully grown and that they…Read More
Netflix “How to Get Rich” Insights
May 9, 2023 | By David Lowe
What can Netflix teach us about our money? You may be surprised how relevant the lessons can be. In his new documentary series “How to Get Rich,” financial podcast host Ramit Sethi highlights the importance of developing a plan for…Read More
Inflation and Your Cash Flow
November 15, 2022 | By Kevin Smith
The combination of high price inflation, higher interest rates, and a stock market recession is rippling through household budgets across the world. The impact varies quite a bit depending on sources of income, debt levels, property ownership, insurance coverage and…Read More
Stepping Up Your Password Security
August 26, 2021 | By Kevin Smith
After seeing a friend recently hacked to the tune of $30,000+, I decided to step up my personal data security game. Here is what I learned, and what changes I am making. All traditional financial accounts like bank accounts and…Read More
Recession Risk by Life Stages
April 23, 2020 | By Kevin Smith
Early to Mid Career Income risk Younger executives and professionals in the process of establishing careers may be at higher risk of income loss, which can come in the form of reduced base pay, lower bonuses or layoffs. 30% rule…Read More