Tag: Financial Planning

10 Tips to Help HNW Individuals Avoid an “F” On Their Financial Literacy Report Card

Posted on April 26, 2024 by Rick Fisher Jr.

Financial literacy is essential for everyone but can be crucial for high-net-worth (HNW) individuals who may have more wealth to lose than others. Navigating the complex financial landscape is no small task, and having the foundation of financial literacy can help. Financial literacy is essential to wealth management because it may help mitigate the risk of costly mistakes, even for those with a high net worth. Here are ten tips to help HNW individuals avoid potential failures on their financial literacy report cards.
[…]

Read More…

The Benefits of Getting A Second Financial Opinion

Posted on February 23, 2024 by Rick Fisher Jr.

When it comes to medical or legal advice, the value of getting a second opinion is fairly well established and defined. What about financial decisions? At what point does it make sense to get a second (or a third) opinion on money matters? Here we discuss some benefits of seeking a second financial opinion, including a few situations in which a gut check may not just be useful but downright necessary. […]

Read More…

All About Financial Planning

Posted on February 16, 2024 by Rick Fisher Jr.

No matter where you are in life, you may have at least a few financial goals. Perhaps you want to buy a house, save for your child’s college education, or retire early. Regardless of what your goals are, financial planning can help you work towards them. Let’s dive deeper into what financial planning is and how it may benefit you. […]

Read More…

5 Financial Bad Habits to Cut This Year

Posted on January 4, 2024 by Rick Fisher Jr.

When it comes to financial bad habits, the most common are also well known — don’t spend too much, don’t take on unsustainable debt, and avoid living paycheck to paycheck. But what happens once you’ve implemented this advice and still aren’t getting ahead? Here are five overlooked financial bad habits that could be draining your bank account. […]

Read More…

4 Reasons Working with a Financial Professional Is Not as Scary as You Think 

Posted on September 29, 2023 by Rick Fisher Jr.

For some people, the thought of using financial services is a scary experience. It involves planning for a future where you may not know how the economy may be, how your health may be, or what your financial needs might be. One of the reasons that many people find planning out their finances intimidating is […]

Read More…

5 Emergency Savings Tips for Building a Financial Safety Net 

Posted on September 7, 2023 by Rick Fisher Jr.

From unemployment to a sudden health crisis to a crippling accident, being financially prepared for life’s many challenges may smooth the road ahead. Whether you are just starting out or have been working toward financial health for years, there are a few key steps you may take now to help construct your financial safety net. […]

Read More…

5 Ways Senior Citizens Can Invest Their Savings

Posted on August 4, 2023 by Rick Fisher Jr.

Even if you are already retired, it doesn’t mean you should stop trying to grow your savings. Inflation, unexpected medical bills, and changes to your lifestyle or family may result in the need for additional income than you initially anticipated when planning your retirement. While investing is one of the quickest ways to grow your […]

Read More…

It’s Never Too Late to Improve Your Financial Awareness 

Posted on August 4, 2023 by Rick Fisher Jr.

Financial education is constantly evolving. As investments, financial priorities, and the economy change, so do financial strategies and plans. To stay on top of your retirement and ensure that you are on your way toward your financial goals, it’s vital to keep up with your financial education and awareness so that you will be able […]

Read More…

Get to Know the Rich Relationship Between Your Financial and Social Life 

Posted on June 29, 2023 by Rick Fisher Jr.

When you think of your financial wellness, you are likely not considering how it may affect your social life or vice versa. While many factors may influence your financial situation, social influence is the component that is given the least attention. Both those who struggle with their finances and those with a more comfortable financial […]

Read More…