Blog

Knowledge is the critical first step for your financial future.

City Burbs

January 27, 2015

The housing market continues to experience mixed results, depending on the area of the country and demographics. For example, while the homeownership rate for seniors is 80 percent, about 40 percent of those over 65 were still making house payments in 2010, according to a 2014 report from the joint center for housing. While many…

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Low Oil Prices: Who Wins, Who Loses?

January 20, 2015

The national average price for a gallon of gas is less than $3, with further decreases expected. But that’s nothing new. Bear in mind that oil is a commodity, so its price varies according to cycles of supply and demand. For example, in 1986 and 1998, oil dropped below $10 a barrel. In 2008, prices…

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Retiree Ingenuity

January 13, 2015

For many, the mind stays sharp as long as it continues to be challenged, and the trend of retirees working and living longer proves just that. Take Hugh Lyman, for example. When he retired, this small business owner pursued a long-standing passion as an inventor. Fascinated with the possibilities of using 3-D printer technology, he…

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Is Your Retirement Just a Number?

January 6, 2015

Throughout our lives, we are identified by numbers. Social Security number. Employee ID number. Driver’s license number. The amount of money that you make. The number of children and grandchildren that you have. The value of your home. Fortunately, those numbers are simply points of reference; they don’t truly define who we are. Our personal…

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Mortgages and Real Estate

December 30, 2014

Real estate appears to be rebounding slowly but surely. There’s even a push from government regulators to lower the down payment requirements for new mortgages. New analysis shows few borrowers are granted 3 percent to 5 percent down payment loans on their homes, and those that do have excellent credit. The percentage of people receiving…

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How Year-End Politics May Affect You

December 23, 2014

The changing of the guard in Congress has begun: out with the old, in with the new. As the GOP prepares to take a majority presence in both the House and Senate, one question looms: Are we in for even more gridlock moving forward? It appears that much is on tap for the lame-duck session…

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Sleigh Bells Ring

December 16, 2014

The holiday season kicked off early this year, with a big winter storm in parts of the country. Beautiful, yet treacherous, photographs emerged of cars and neighborhoods entirely submerged in snow; roofs, windows and doors collapsing from the weight of the precipitous precipitation, and once again motorists were stranded on highways and byways. The season…

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Give Thanks. The Grass is Greener Here.

December 9, 2014

As we enter this holiday season, it’s worth taking a look at your individual circumstances and gauging whether your financial situation is stronger than it was last year, three years ago or five years ago. We can all find reasons to gripe about one thing or another, even in the best of the times. But…

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Small Business, Small Incomes

December 2, 2014

Large corporations in America have only been around about 13 decades. Before then, America was built on the backs of small business owners. Larger companies started to take root in the mid-19th century, led by railroads and industrial firms. Small business owners took a hit but adapted by developing market niches too small for big…

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Money: Relatively Speaking

November 25, 2014

Money is a topic that is on every adult’s mind a great majority of the time. But there’s a big difference in what people are thinking when it comes to money. Some people wonder how their earned income stacks up against others. Some people create financial goals and save and invest diligently to meet them.…

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