Planning for retirement is challenging enough without making a big mistake. It takes a lot of money for most people if they want to maintain a retirement lifestyle like what they had while they were working. Here are three common assumptions many people make that are often incorrect and can be devastating to your retirement plans: […]
Forty-six-year-old Tony Hsieh was the CEO of Zappos, the popular online shoe and clothing company that became famous for its ‘no-shipping costs’ service strategy. Tony had a net worth estimated at $840 million and was an extremely bright individual. Unfortunately, he passed away from burn injuries sustained in a house fire in November of last […]
An unfortunate reality today is the staggering amount of people living paycheck to paycheck without a proper emergency cash reserve, or safety net, to get them through times of financial instability. A recent CNBC article stated that since the Covid-19 pandemic began, approximately 63% of Americans live paycheck to paycheck, and approximately 80% of Americans […]
One of the hardest things for many to understand about investing is the fact there are no certainties. Investing is a probabilities game, and we must continuously attempt to allocate capital in a way that gives us the highest probability of success over the short, near, and long term. There are various techniques used to […]
2020 will soon be behind us. WHEW! It has been a year no one will forget, and I think everyone is looking forward to 2021 with a lot of hope and positive expectations. If you want to take control of your results and make 2021 your best year ever, now is the time to focus […]
Earlier this year, Congress passed a $2 trillion stimulus package to provide financial relief to individuals and small businesses due to the economic impact of COVID-19. Over the weekend, a second $900 billion package was approved in a non-partisan fashion in the house and senate. Here are some of the key components: $600 direct checks […]
Because of COVID, online sales are skyrocketing compared to last year, and I hope everyone will focus on shopping locally online. Local merchants need our help. While everyone is in the mood for giving, I think we could all agree that one of the greatest gifts a person can receive is the gift of the […]
We previously covered what not to keep in your bank safe deposit box. With the holidays upon us, and shopping at a yearly high, the potential for losing a wallet or purse increases. There are several items you should consider to not keep in your wallet or purse, which if lost or stolen could become […]
Black Friday has come and gone. How did you do? With so much misery caused by the pandemic this year, folks are looking to spread some good cheer, and I expect holiday gift spending to hit records. According to Adobe analytics, weekend shopping surged almost 22% to a record $9 Billion this year. Cyber Monday […]
On November 18, Governor Kay Ivey announced a $200 million COVID-19 relief grant program, called Revive Plus. The program allows Alabama-based businesses with fifty or fewer employees, Alabama-based non-profits, and Alabama-based faith-based organizations to apply for grants up to $20,000 to reimburse business interruption expenses. This grant program is in addition to any previous state […]