By Jacquelyn Pica We all want to save more money. The question is, how? With so much new technology out there, it’s easy to feel overwhelmed. Plus, maybe you don’t feel comfortable sharing personal bank details with tons of different websites and apps. Forget the latest tech — these seven methods will…
By Invite Education The recent tax bill expands 529 savings plans to include expenses for elementary and secondary education. And, the annual gift tax exclusion has increased. This is big news for education savers – no matter how much you are saving! Congress wanted to make it easier to save for education. Traditionally,…
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.…
The start of a New Year is a great opportunity to do some financial housekeeping! Which documents and records should you keep and which ones can you throw away? WHAT IS THE STARTING POINT FOR KEEPING GOOD FINANCIAL RECORDS? Develop a filing system. Set up a file for: Bills Due: Immediately after opening mail,…
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…
One of the greatest gifts you can give your children or grandchildren – all year long — is Financial Literacy, a basic understanding of money management. Certified Financial Planner Paul Fain explains some age appropriate ideas for you to share with your children in 2018. WHAT IS A GOOD AGE TO START TEACHING…
The saying goes, “A goal not written down is merely a wish!” As you begin to ponder your goals for 2018, what are your plans for financial success? THE NEW YEAR WILL BE HERE BEFORE WE KNOW IT, WHAT ARE SOME DO’S AND DON’T FOR SETTING MONEY GOALS? Let’s start with the “DO’S:” Be…
A Message of Thankfulness from Paul Fain My college freshman son came home for the holiday weekend. As he packed his car to return to campus, I offered him some gas money. “No thanks, I’ll manage,” he responded. I shoved the twenty dollar bill back into my wallet in disbelief. I am thankful that…
Holiday Bonuses The holidays often bring lots of cheer, festivities—and those much anticipated year-end bonuses. What is the best way to spend your holiday bonus? HOW GENEROUS ARE BUSINESSES TO THEIR EMPLOYEES OVER THE HOLIDAYS? Accounting Principles surveyed 500 businesses and found that 75% of them will give out holiday bonuses this year. For…
Controversy. Special investigations. Twitter bombs. Modern politics is making investors feel unsettled and concerned; but how much do politics really matter to your portfolio? Paul Fain, president of Asset Planning Corporation, recently appeared on WBIR to share his perspective. AROUND THE WATER COOLER OR THE COFFEE POT, THERE IS A LOT OF BUZZ ABOUT…