You might think knowing how to negotiate salary is a skill best used by entry-level workers who are just getting started in their careers. And you’re right -- being able to secure better pay when you start a job sets you up to make more over your working years.
Let’s face it: not everyone finds it fun to sit down with a spreadsheet and pour over numbers. “Budget” is a bad word to a lot of people, and facing up to certain aspects of your financial life can leave you feeling stressed, unhappy, and worried.
Cost creep is something parents have become accustom to when paying for children’s education. For the upcoming 2018-2019 academic year average costs are exceeding $14,000 to send a child to private high school in Kansas City for the first time. While the headline number may surprise some, prices only rose 3.1% over last year.
Global stock markets pulled back this quarter. Stocks started the year off strong but sold off in February and March. This ended the streak for positive consecutive positive months at 13. The sell off can be attributed to trade tensions, a slumping US Dollar and economic data that missed expectations. Global equities fell almost 5% in local currency.
The quiet calm that investors grew accustom to last year ended this quarter as the market has entered a period of increased volatility. The year started off as 2017 ended with stocks enjoying their glide higher. The S&P 500 jumped 7.4% by January 26th only to give back all the those gains as investors became spooked by rising interest rates.
There’s nothing like tax season to get you thinking about what kind of financial documents are important to keep on hand -- but knowing what to do with your old financial records is important no matter what time of year it is.
Thinking about hiring a financial planner -- but still not entirely clear on what you should expect?
Financial planning is an incredibly valuable service, but it can also be hard to understand exactly what happens at every stage of the planning process because so much depends on your unique situation.
You know how you seem to accumulate more stuff (and responsibilities) as you get older?
Maybe you own a vehicle or a home. Or you have various savings and investment goals you need to set, contribute to, and track. You need to maintain health insurance for yourself and your family.
529 accounts have been the most common way for parents and families to save for college. Prior to 2018 these accounts could only be used for higher education expenses. The new tax law passed at the end of 2017 allow for 529 accounts to be spent on any approved educational expenses.