Financial Confidence Is on the Rise, But Financial Stress Still Looms

experian study - financial confidence on the rise

Financial Confidence on the Rise

A newly released personal finance study by Experian shows that people are feeling more optimistic about their financial futures, but their confidence is limited by concerns about funding their retirements and how much debt they are carrying.  Continue reading…

How to Start Saving 10% for Retirement Without Psyching Yourself Out

Start saving 10 percent of your income now

Saving 10% of Your Income

The most-fundamental question in personal financial management is not “where should I invest?” But rather, “how much do I need to save to reach my financial goals?” The amount of money you save provides the foundation for nearly every financial decision, from what type of house you can afford to whether you will outlive your money in retirement. Continue reading…

How Do Financial Advisors Get Paid? Glad You Asked!

Understanding how financial advisors get paid

How do financial advisors get paid?

One of the bigger hurdles people face when hiring an advisor is answering the question “How do financial advisors get paid?” If you can’t figure out how—and how much—your advisor gets paid for the work he or she is doing for you, it’s virtually impossible to determine whether or not you are getting good value from their services and from your money. Continue reading…

Financial Literacy: How Do You Stack Up?

Financial Literacy Quiz - how do you stack up?

 Financial Literacy

FINRA (Financial Industry Regulatory Authority) released findings from the National Financial Capability Study last month and found that, while overall Americans are feeling less financial stress, making ends meet is still a daily struggle for millions of households—a struggle that keeps people from setting and achieving their long-term financial goals. Continue reading…