The State of the Sharing Economy

By |2020-01-12T09:17:47-08:00January 21st, 2020|Financial Health|

The financial hardships of the Great Recession forced many people to start thinking outside the box. The “sharing economy” gained popularity in the late 2000s because it provided more affordable means to travel, maintain homes and access piecemeal work for small businesses. This was the beginning of Airbnb, Uber and other community-based platforms that enable [...]

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The Future of Manufacturing

By |2020-01-12T09:15:02-08:00January 14th, 2020|Financial Health|

A concerted effort to draw American manufacturing operations back to the U.S. over the past three years has done little to move the needle. In fact, a recent report from the Department of Commerce reveals that the manufacturing sector is at its lowest representation of the national economy in 72 years -- a mere 11% [...]

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Market Trends to Watch

By |2020-01-12T09:09:13-08:00January 7th, 2020|Financial Health|

The investment world is like the weather: constantly changing. Financial vehicles are tweaked and improved upon, particularly when there are changes to tax law or compliance rules. The world of finance is fluid, and so are we. As our lives evolve, it’s important to review and sometimes make adjustments to our investment and insurance goals [...]

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Fingerprint, Retina Scans Not Just for James Bond Anymore

By |2020-01-12T09:20:07-08:00December 31st, 2019|Financial Health|

Most people using the internet to shop, conduct financial transactions or read firewall-protected content are likely familiar with the aggravation of maintaining passwords. Worse yet, tech experts now say conventional password security is only a marginal defense against hacking.1 We are now entering a new age in electronic security for the average user -- one [...]

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Generational Differences in Handling Money

By |2020-01-01T09:38:39-08:00December 24th, 2019|Financial Health|

he baby boom generation is the demographic engine that has driven U.S. economic growth over the past 50 years. But now, as boomers work less, spend less, retire and draw on retirement funds, that baton is being handed over to Generation X and millennials. The economy is fueled by consumer spending, so the people who [...]

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Where Does the Time Go?

By |2019-12-17T09:12:34-08:00December 17th, 2019|Financial Health|

Americans are so busy that they often have a hard time balancing demands for work and their personal lives. In fact, participants in a recent survey reported having only an average of 26 minutes of free time each week.1 Where does the time go? The Bureau of Labor Statistics reports that women have not only [...]

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Learn How to Chill in Retirement

By |2019-12-09T09:35:03-08:00December 10th, 2019|Financial Health|

If you are retired or planning to retire soon, you may still have some work to do. For example, it’s smart to have a readily accessible emergency savings fund that can pay for three to six months’ worth of living expenses, if necessary. You should also consider what insurance policies you may need to help [...]

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Credit Cards: News, Trends and Tips

By |2019-12-04T10:58:02-08:00December 3rd, 2019|Financial Health|

Sometimes it feels as though we don’t learn from our past financial mistakes. Back in 2008, as a contributor to the recession, consumer debt reached a record high of $12.68 trillion. As of the end of the second quarter in 2019, Americans surpassed that number by $1.2 trillion; we now stand at $13.86 trillion in [...]

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Year-End Tax Considerations

By |2019-11-28T08:49:38-08:00November 26th, 2019|Financial Health|

Now that we’re in the fourth quarter, it’s time to think about what you can do to help minimize your liabilities for the 2019 tax season and position finances for next year. The following is a sample of the usual methods. However, if you’d like us to take a more personalized, comprehensive approach, we’d be [...]

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Medicare Update

By |2019-11-19T14:39:22-08:00November 19th, 2019|Financial Health|

Some hard-working, taxpaying Americans get angry when they hear Social Security called an entitlement program, perhaps because the word “entitlement” has come to have a connotation with welfare programs. The reality is that Social Security is, by definition, an entitlement program, along with Medicare, unemployment insurance and worker’s compensation. These mandatory programs are funded by [...]

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