Estate Planning

Estate Planning Checklist

For National Estate Planning Awareness Week, October 19-25, 2015, we wanted to offer a helpful checklist for making important life choices. While estate planning is something generally associated with those of advanced years, it’s quite relevant for people of all ages. Here are a few benchmarks to consider. Entering Adulthood Once someone turns 18, a […]

Credit

Teaching Your Kids How to Build Good Credit

Your credit score can open doors — if it’s strong. If it’s not, it can slam those doors shut. But no one is born with great credit. Like most things worthwhile, it’s built and maintained over time. If your child is heading off to college, send them into the world with the knowledge they need […]

Finance Basics

How to Beat Loneliness and the Importance of Social Interaction

Exercising, eating healthy and avoiding stress are some of the key prescriptions to living a long, healthy life. Researchers at Brigham Young University also recommend plenty of social interaction to stay physically and mentally fit. According to the recent study published in the journal of Perspective on Psychological Science, loneliness can be just as dangerous […]

Budget

An Important Student Loan Management Tactic

It's hard to overstate the lifelong value of higher education, yet with today's high cost of college tuition, books, housing and more, many students and their families find themselves dealing with the challenge of student loan debt. What's more, when it's time to pay off student loans, recent college grads often face questions about other […]

Budget

Six Smart Ways to Help Stop Debt From Getting Out of Control

Having some debt, such as a mortgage or car and student loans, is to be expected. However, accumulating an unmanageable amount of debt—especially unsecured, high-interest debt—may cause undue stress and financial hardship. But the good news is that there are many ways you can help stop debt from becoming a problem by taking control of […]

Budget

How Do CDs Help With Debt Relief plans?

Part of any sound debt relief strategy is having an emergency fund—a place to put money to handle unexpected expenses without adding to your debt burden. Depending on your plans, you may want to have as much as three to six months’ living expenses in your emergency fund, but it may not be wise to […]

Finance Basics

FINRA BrokerCheck: Defend Against Investment Fraud and Abuse

Consumers frequently rely on online reviews to help them make decisions about where to spend their money. Homeowners have Angie’s List to research a variety of home-improvement professionals; vacationers can check hotel ratings, pictures and pricing on TripAdvisor; and Consumer Reports provides reviews and ratings on a variety of consumer products. The Financial Industry Regulatory […]

Finance Basics

Using Youth to Your (Financial) Advantage

Youth has its advantages when it comes to compounding interest. Here’s how it works. Let's say you deposited $1,000 in a 12-month certificate of deposit (CD), and your balance is $1,010 at maturity. Then, instead of withdrawing the $10 in interest earnings, you renew your CD for another 12 months under the same terms. Now […]

Finance Basics

How Financially Agile Are You?

Personal financial liquidity is a relative concept: some liquid assets are more liquid than others. Certificates of deposit (CDs), for example, may be more difficult to convert to cash because you usually have to pay an early withdrawal penalty if you withdraw money from the account before the maturity date. At the other end of […]

Finance Basics

You’ve Won Money, Now What?

If you're lucky enough to enjoy a financial windfall, from lottery winnings or a business investment, it can be tempting to spend it on things you don't really need. But if you do your research and weigh your options, you might make better financial decisions and discover a great opportunity to make that money work […]