Category: Wealth Management

Buying or Selling a Home When Mortgage Interest Rates Are High

During these days when mortgage interest rates are high and the future of refinance rates unpredictable, you may be wondering whether you should buy or sell a home—or wait until better economic times. It may surprise you to know that now could be a good time for either move. Advantages of Selling Your Home When…


What Is Wealth Management?

Most people want their money and possessions to grow. Or at least they want their assets to hold their value. Wealth management helps to do just that. It takes a holistic or integrated approach to manage your overall assets and financial plans. Through a wealth manager, you can review and make decisions to grow your…


Tax Laws That Sunset at Year-End 2025: Take Advantage Now

The Tax Cuts and Jobs Act (TCJA) tax law changes will sunset on Dec. 31, 2025. And although this may seem far off, it’s never too soon to plan. You and your accountant may be able to set up mechanisms now to avoid some of the higher taxes that are coming. But what exactly will…


Is It Worth It to Move to a Low-Income Tax State to Save Money?

Many people in the United States have decided that it would be a good idea to move to a low-income tax state—or to a no-tax state—to save money. While it may sound like a good idea—it’s time to find out—is it worth it? An article from The Washington Post reported that the states that have…


Be Your Own Bank

Multimillionaires and their families are set up to be their own bank. They use their assets to loan and receive interest. They also use their assets to invest. What if you could do the same? Having the wherewithal to Be Your Own Bank would save you money and help grow your wealth. But not everyone…


5 Ways to Professionally Manage Your Financial Assets

Your business is growing—that’s great news! It also means it’s time to triple-check that you’re protecting your assets and managing your finances in a scalable way. Here’s how. As a business grows, leadership needs to ensure they manage financial assets and that equity within the company is well-managed and secure. No matter where your business…


Tax Withholding Changes Can Boost Your Paycheck Now

By Rocky Mengle From Kiplinger’s Personal Finance Question: This past tax season I received a big refund, which I understand is an interest-free loan to the federal government. Is it too late to prevent that from happening again? Answer: Look at your last paycheck and see how much federal income tax has been withheld from…


Must-Have Home Features for Buyers in a Recession

During 2021 and the start of 2022, swimming pools were just one must-have for homebuyers. The pandemic lockdown spurred many people to make their homes private resorts in case vacations were out of the question—also, the more square footage, the better when buying a home. But things have changed. Home prices and interest rates make…


Year-End Finance Tips for Families

The end of the year is a busy time. Last-minute pushes for school and work and the holiday rush makes November and December frantic. But this is a good time to examine finances and plan for the new year. So, take the time to cross these financial tips off your to-do list. Assess Your Spending…


5 Trends in Finance

In our digital age, current events have an increasingly swift impact on our finances. Extreme weather events, warfare, and other forms of political and economic unrest on the other side of the world are all communicated instantaneously. Those events in turn carry the capacity to impact finance trends in every market. Of course, seasoned investors…