The National Retail Federation recently released a survey detailing back to school spending for the 2019 school year. Certified Financial Planner Paul Fain, President of Asset Planning Corporation, summarizes how much we are spending this year and the impact on our budgets this week on WBIR. WITH AREA SCHOOLS AND COLLEGES STARTING THIS MONTH, AMERICAN
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It’s estimated that only 5% of people in the United States are millionaires. But there are plenty of other ways to live a wealthy life that extend beyond how much money you have in the bank. Certified Financial Planner Paul Fain answers the question “does money equal happiness?” and discusses how to live a wealthy
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Last week the U.S. Federal Reserve, also known as “the Central Bank”, lowered its key short-term rate a quarter percent. A viewer asks, “Why does the Fed raise and lower interest rates? And, how does it affect my money?” Certified Financial Planner Paul Fain, president of Asset Planning Corporation, answers questions regarding the Federal Reserve
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Most of us have “digital assets”; in fact, there are 271 million North American Internet users. However, many times planning for digital assets is overlooked, even when it involves financial or business assets. Certified Financial Planner and Money Man Paul Fain discusses our digital assets this week on Sunday Money. WHAT ARE DIGITAL ASSETS? These
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Saving for future education expenses is one of the most common financial goals. Whether the beneficiary is a child, a grandchild, or other family member. The preferred “vehicle” for those savings – the type of account – has certainly changed with tax laws and times. Even today, there isn’t a single best choice, as every
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I’m retired and thinking about getting a part-time job, how will that effect my social security benefits? Our money man, Certified Financial Planner Paul Fain, answers this question this week on Sunday Money. THIS IS A GREAT QUESTION FOR ANY RETIREE WANTING TO WORK PART-TIME… True! Here are the rules for working AND collecting Social
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“It just goes to show you, it’s always something — if it ain’t one thing, it’s another.” real financial planning Remember Roseanna Roseannadanna? Gilda Radner’s Saturday Night Live character was the Weekend Update consumer affairs reporter with the catch phrase: “What are ya tryin’ to do, make me sick?!” I wonder what Roseanne would say
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The second quarter of 2019 is in-the-books for investors…how did you do? Paul Fain, certified financial planner and president of Asset Planning Corporation, discusses the results for investors this week on WBIR. THE MONTH OF MAY WAS LOUSY, BUT HOW DID THE MARKET RALLY BACK IN JUNE? We did see some improvements in the month
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The “2019 Trends in Investing Survey” was published earlier this month in the Journal of Financial Planning. Our Money Man, Certified Financial Planner Paul Fain, joins us now to review the survey’s findings. ACCORDING TO THE SURVEY, WHAT ARE FINANCIAL ADVISERS RECOMMENDING TO THEIR INVESTMENT CLIENTS? 88% Exchange-Traded Funds (increased from 40 percent of advisers
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Do I need a trust? Even if one’s financial life is fairly uncomplicated, whether you are 28 or 88 years old, everyone should have an estate plan for their stuff. But do you need a trust? Paul Fain, certified financial planner at Asset Planning Corporation, answers some questions about estate planning. WHAT IS IN
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