How Much are Americans Spending for Back To School in 2019?

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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Why Does the Federal Reserve Raise and Lower Interest Rates?

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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Real Financial Planning or Wolf in Sheep’s Clothing?

“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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How Should I Invest? – 2019 Trends in Investing Survey

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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