As we step into May, it’s the perfect time to refresh not just your home, but your finances too. With tax season behind us and summer approaching, this is a great opportunity to realign your goals, review your budget, and make strategic adjustments for the second half of the year. Let’s dive into our May…
Does money and financial conversations stress you out? Do you feel uncomfortable when having money discussions with your partner? If so, you’re not alone. Money conversations can bring up underlying insecurities and cause anxiety amongst individuals. Given the current market environment and economic uncertainty, extreme volatility, and newly reported record high inflation data, it’s extremely…
As spring begins to bloom and the weather warms up, April is the perfect time to hit refresh—not just on your home, but on your finances too. Think of it as a spring cleaning session for your money. Whether you’re wrapping up tax season or simply looking for a mid-year reset, this month offers the…
April marks Financial Literacy Month, a time dedicated to promoting financial education and empowering individuals to make more informed financial decisions. Financial literacy isn’t just about knowing how to budget or invest—it’s about building confidence in managing your money and feeling empowered when making the decisions that you do. At Sherman Wealth, we always say,…
We often get asked “How much should I save in my emergency fund?” While there are many schools of thoughts or rules of thumbs that can be found on the internet to answer this question, how much you need to save and how you approach it depends on your personal circumstances. An emergency fund is…
Debt often carries a negative connotation, but when managed wisely, it can be a powerful financial tool. Whether it’s earning rewards on credit card spending, maintaining and building a strong credit history, or optimizing your financial resources, leveraging debt in a strategic way can help you build wealth and improve your financial life. Here’s how…
When it comes to financial planning, simplicity is key. Yet, many individuals leave behind a trail of old 401(k)s, IRAs, and various investment accounts as they switch jobs and open new financial products. Over time, this scattered approach can make it difficult to track progress, optimize investments, understand a true global allocation, and ensure a…
The start of a new year is a natural time to reflect, reset, and realign with your financial goals. Whether you’re aiming to build savings, plan for a major life milestone, or boost retirement savings, setting financial New Year’s resolutions can help you reflect on the year prior, benchmark your financial status, and set the…
Valentine’s Day is often filled with flowers, dinner, and chocolate but beyond the gifts and gestures, it’s also a time to strengthen your relationship in meaningful ways. One of the most significant aspects of a strong partnership is financial harmony. While money conversations may not seem romantic, they are crucial for building trust and aligning…
In our last blog we discussed the importance and power of setting financial intentions to set the tone for a successful financial year ahead. Today, we want to dive deeper into a few areas you can work on to start the year off on the right foot. January is the perfect time to take control…