In the ever-evolving world of personal finance, few things carry as much weight as your credit score and the health of your lines of credit. These numbers that appear on your credit report, though may seem insignificant, have great influence over your financial well-being, impacting everything from the interest rates you pay on loans to…
Financial empowerment, literacy, and education are so important not just amongst adults, but children too. So, as we kick start 2024 and think about financial goals for the year, many clients and prospects have been asking us how to think about finances for their kids and the best ways to teach their children about money…
Over the last few years individuals worldwide have found themselves needing to adapt to a rapidly ever changing economic landscape. In recent months, the consumer has needed to adjust to a higher interest rate environment due to inflation and a higher cost of living, prompting a significant shift in spending habits. One noteworthy transformation seen…
In the realm of personal finance, goals-based financial planning is a strategy that helps shape your financial future and roadmap by aligning your short, medium, and long-term goals. Given the time of year, you may be thinking about establishing a “top to bottom” full financial tune up. By aligning one’s financial strategy with specific objectives,…
Finances can be overwhelming, especially when you feel lost or uneducated on the “right” decisions to make. Over the last few years, we have found that women are contributing more and more to their family’s finances and are making strides towards further financial independence. Despite women playing a larger role in their family finances, they…
As the air warms up and spring is arriving, it’s the perfect time to shake off the winter weather and give your finances a thorough cleaning. From revisiting your financial goals to tidying up your budget, here’s a consolidated guide to March financial planning and spring financial clean-up. Spring is an excellent time to reassess…
Life is a journey marked by various milestones, each accompanied by its own unique set of challenges and opportunities. As humans, we all have goals and milestones that look different, but may involve similar finanicial strategies to achieve them. Whether you’re saving for a down payment on your first home, planning for your children’s education,…
It’s been quite an interesting start to the year for the US economy as we are now living in a rising interest rate and inflationary environment after a few years of historically low interest rates during the COVID-19 pandemic. So, as the US consumer is adjusting to this new economic climate, their preferences and goals…
At Sherman Wealth, we believe that financial planning doesn’t need to be complicated, especially as your life becomes more over time. Our mission is financial planning simplified- helping you mitigate stress, overcome feelings of overwhelm, and take charge of your future with confidence. Whether you’re just starting out or looking to refine your existing plan,…
In today’s ever-changing financial landscape, determining how much savings you should have is not a one-size-fits-all answer. It’s both an art and a science, and is highly specific to your personal financial situation and influenced by various factors in your life, such as job security, interest rates, financial goals, economic conditions, and more. We want…