Often balancing employment, kids, spouse, and maintaining a household, moms are exhausted! Each year Salary.com estimates the monetary value of being a mom. Certified Financial Planner Paul Fain joined WBIR to explain the Mother’s Day Index 2018. WHAT DOES SALARY.COM ESTIMATE AS A TYPICAL MOTHER’S EQUIVALENT WAGE? At least $112,962 based on a mom’s…
Paul Fain of Asset Planning Corporation will be the keynote speaker at the Financial Planning Association’s Annual Retreat (https://fparetreat.org/) to be held April 23-26 at The Wigwam in Litchfield Park, Arizona. With his talk billed as “A Pioneer, A Profession, A Practice and A Planner,” Paul plans to share the highs and the lows, the…
The U.S. stock market recently entered correction territory – dropping about 10% – for the first time in two years. The increased market volatility continues to rattle investors. What is causing the market decline and what should you do about it? Here are 8 tips for your investment strategy. WHAT IS CAUSING RECENT MARKET…
Let’s have a little fun – can the winner of the Super Bowl game predict the stock market’s next move? Well, the “Super Bowl Indicator” is a superstition that says that the stock market’s performance in a given year can be predicted based on the outcome of the Super Bowl of that year. WHAT…
The bad guys are always trying to take your hard-earned dollars. “Neighbor spoofing” is one of the latest strategies used by scammers. Forewarned is forearmed! HOW DOES “NEIGHBOR SPOOFING” WORK? Neighbor spoofing is designed to trick you into answering the phone. It is a form of caller ID spoofing used by scammers, telemarketers, and…
Let’s forget the stock market for a moment. The events of our daily lives, not Wall Street, may determine our financial security or ruin. Let’s just suppose, your teenage student has a grudge against a high school teacher and begins a smear campaign on social media. Due to the false statements and following public humiliation and…
Iiiiittt’ssss baaack. We are talking inflation today on Sunday Money– U.S. consumer prices recorded their largest increase in 11 months in December 2017 bolstering expectations that inflation will accelerate this year. WHAT IS BEHIND THE RECENT UPTICK IN INFLATION DATA? Increases in demand and sales typically leads to rising prices: Housing rents. Car sales.…
It’s a new year and a great time to review and update your spending plan, or start one with a fresh mind-set if this is something you’ve been putting off forever. Budgeting doesn’t need to be complicated – it really just depends on how much detail YOU want to track. Technology has made a lot…
With an unexpectedly stellar year for investment markets behind us, what’s in store for the year ahead? Certified Financial Planner Paul Fain provides eight financial predictions for 2018. CAN THE U.S. ECONOMY STAY ON A ROLL? U.S. ECONOMY ↑: Will grow and remain near 2.5%. The U.S. economy has greater momentum than it has…
What a year 2017 was! After a lingering slump for worldwide economies and markets (2014 through late 2016), the past 12 months have been crazy, chaotic, and chart-topping in ways both good and bad. Hurricanes Harvey and Irma brought destruction. The Equifax cyber-hack created its own tidal wave of financial security concerns. A reality TV…