Happy Spring time to you! Spring offers a lot to look forward to and the month of April just happens to be National Financial Literacy month…something that resonates closely with my heart and financial planning practice. Ironically, one of the most prolific demons to work his way through the financial services industry, Bernie Madoff, died …
The savings rate in this country is dismal. The most recent number (July 2018) reported by Trading Economics was 6.7%. Personal savings rate is defined as “the ratio of personal income saved to personal net disposable income during a certain period of time.” That means that the average income earner only saves $6.70 out of …
A few months back while listening to the radio, I heard a ‘Cash Call’ advertisement touting the advantages of taking out a home equity loan and using the proceeds for things like paying off high credit card debt, remodeling a kitchen, or investing ‘on the dip’ in Bitcoin. Yes, you read that last one right. …
