Family businesses have been at the core of America’s wealth creation for centuries. Founders take a leap of faith to launch their business, often risking everything they have and spending their waking hours hoping to realize their vision. Some will achieve success, but with success comes a new host of challenges, like balancing the demands […]
While winning the lottery is well outside mainstream reality for most people, it’s not uncommon to suddenly receive a large inheritance, a settlement, or perhaps a stroke of good luck. There are several stories of the major failings of people who’ve come into money only to see it disappear. If you find yourself with a […]
If you’ve woken up in the middle of the night to a money-related panic attack, you’re not alone. Our financial situation dictates so many parts of our everyday life. That said, excessive stress is a concern that should be addressed.Money-driven anxiety is a growing concern in this uncertain economy. Ignoring your finances entirely isn’t the […]
There are hundreds of articles on the so-called “biggest financial mistakes” that people make and some tips on avoiding them. We’re used to seeing common examples of how peoples’ activities, like overspending or making minimum payments, may get people in trouble. These lists of mistakes could fill a book, but many are rooted in a […]
In our client meetings, the term “wealth” is often tossed around somewhat loosely. We talk about building wealth, managing wealth, enhancing wealth, and preserving wealth as if the concepts are universally understood. But what exactly is wealth? It’s such a vague term that every person has a slightly different meaning. That’s why we need to […]
Understanding how your savings can work for you is an important part of creating your financial future. If you’re curious about personal finance and want to learn more, here are some common questions we hear from new clients.I just started my first job. Do I need to start saving for retirement now?While retirement may seem […]
Whether you’re earning a six-figure salary or just out of college, many people feel budgeting is essential. Especially with the current economic climate, having a budget that you stick to may help keep spending under control, improve your savings, help you plan for retirement or other future goals, and keep debt manageable.In many cases, creating […]
