Why Only 32% of Americans Feel Confident in Their Long-Term Financial Plans — And What We Can Do About It
By Tom Alessi In an era of economic uncertainty, rising living costs, and shifting retirement landscapes, long-term financial planning has never been more critical—or more elusive. According to recent data, only 32% of Americans feel confident in their long-term financial plans. That leaves nearly 7 in 10 adults navigating their financial futures with uncertainty, anxiety, […]
GIVE IT TO ME NOW!
Every Decision Is A Retirement Decision DELAYED GRATIFICATIONThat really is the question that drives everything when we are talking about Saving, and we don’t care what youa re saving for; new home, upgrade your car, education or retirement. Can I hold off and not spend today, so that I will be avble to benefit in […]
Annuities Are Bad
Actually it should be phrased “Are Annuities Bad”? Annuities are bad, at least that’s what everyone says…right?Let’s start with what an annuity is: An annuity is a series of payments made at equal intervals for a set period of time. What are examples of an annuity? Social Security is one. Pension Plans are another. Neither […]
Time Value of Money
The Opportunity Cost of Money TIME VALUE OF MONEYFor most of us this tends to cause our eyes to glaze over whenever someone starts to go into the details around this subject. It breaks down into 2 parts;PART A – The money you have today is worth than the money you have tomorrow. When we are […]
Talking to Kids About Money (part 1)
At What Age Should I Start The Conversation? Research shows that kids can start learning about money as early as Age 3 and the more often you have those conversations with them the better they fare later in life, so let’s get things started. WHY 3? Here’s what they can do at age 3; they can count […]
Talk to Your Kids About Money (Part 2)
HELPING YOUR CHILD BE SMART WITH MONEY We all know that the earlier you start learning a language, the easier it will be to master it. Learning any foreign language at the age of 4 is much easier than at the age of 40. The same applies to managing your money. The younger we begin […]
Social Security Claiming
AT WHAT AGE CAN I CLAIM SOCIAL SECURITY? The body content of your post goes here. To edit this text, click on it and delete this default text and start typing your own or paste your own from a different source.
Talk To Your Kids About Money (Part 3)
LEAD BY EXAMPLE As a parent, I believe, that the number 1 goal we have for our children is that they grow up to be healthy and responsible adults. That we have taken the time to teach them good values, the difference between right & wrong, and to be a productive member of society AND THEN […]
Is Cash Really Still the King
Cash vs. Credit – Who Wins This Battle? This is to be a 5 Round Challenge In this corner we have the reigning long-time king of the ring – CASH, In the other corner we have the new up-and-comer CREDIT. We will be judging each round and then announcing the overall winner based on 5 […]
Paying For Your Phone WIth A Plan
EVEN A LITTLE DEBT ADDS UP QUICKLY… BUYING YOUR PHONE ON A PAYMENT PLAN When you buy your phone on a paymnet plan you are putting yourself in debt. Let’s say you buy a $1,000 phone and you paid the tax upfront, you now owe $1,000, even if that’s split up over 24 months. And for […]