Teaching your Children about Finances – Episode 2
Listen here for some key information on teaching your children about finances – it’s never too early to start!
Author: Brad
End of Year W4 Checkup
According to a recent survey, over 80% of Americans never updated their W-4 after the 2018 TJCA, which made sweeping changes to the tax rates. Those that never changed their withholdings may now be in a position of currently owing the IRS additional amounts, plus possible interest and penalties. In order to ensure that you…
Launch Financial Podcast – Recession – Episode 1
Listen in for some tips on how to better prepare financially for a recession.
Are you ready for a recession? A survey says probably not
JPMorgan Chase Chief Executive Jamie Dimon warned Tuesday a recession may be on the horizon thanks to the continuing trade tensions with China. “Of course there’s a recession ahead,” Dimon said during a morning call with reporters after the bank announced its third-quarter earnings. “What we don’t know is if it’s going to happen soon. …
5 Money Issues to Avoid
According to a recent survey, money is one of the most common reasons for both sleep loss and divorce. Financial stress not only leads to anxiety for many, but is also one of the key factors that can lead to conflicts in a relationship. Finding alignment on money matters should be a top priority in…
CFP Delays Enforcement of Their New Fiduciary Standards
The Certified Financial Planner Board of Standards Inc. (CFP) states that their new fiduciary standards will be delayed, pushing the enforcement of these important ethics back to June 30, 2020. With this news comes questions about the quality of service people can expect from those handling their money, and what this all means to them…
How to Plan For Summer Activities and Budget
We hope everyone had a great Memorial Day Weekend filled with fun, sun and lots of good food and pool time. We took our kids to Washington DC to pay respects and educate them on the brave men and women that lost their lives fighting for our freedom. As parents, lots of the chatter we’ve…
LACK OF FINANCIAL LITERACY IN AMERICA’S SCHOOLS
“According to Money, the average millennial household “owes $14,800 in student loans.” Writer Kerri Anne Renzulli explains that while debt averages vary across each generation, people of all ages are demonstrating a greater comfort with debt. As everyone becomes more comfortable with financing and credit, there is a greater risk that accumulated debt will never…
What The Shift In The Federal Reserve Language Means For You
Yesterday, the Federal Reserve held its benchmark rate at 2.5%. It only took one word from Fed Chair Jerome Powell on inflation to send the markets reeling, and that word was “transitory.” According to this CNBC article “Traders have been speculating that recent weaker inflation readings would concern the Federal Reserve so much that it…
Coaching Students at the MCPS Business Pitch Challenge
As the son of a Montgomery county school teacher, I was so honored to mentor a group of hard- working students from Albert Einstein High School in Montgomery County rise to success in giving an incredible pitch to the judges at the Business Pitch Challenge. As the month of April is Financial Literacy Month, this…