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Would You Spend Less Than $100 On An Engagement Ring?

Buying an engagement ring can be an emotionally draining purchase. For most people, it’s more than jewelry: It’s a symbol of love and affection and of the serious commitment they want to make to a lifelong partner.  For years, it’s been bandied that the diamond industry spearheaded this notion that you have to spend 3 months of your salary on an engagement ring.  As we have witnessed millennials and now generation Z changing the way we do many things in their lives, are they going to change what we spend on engagement rings?  How much is love worth? In a recent study that was one, here is what late-stage millennials and generation Z had to say about engagement rings:  Engagement rings should cost… Less than $100: 11 percent of Gen Z and 8 percent of young Millennials  Between $100 and $999: 43 percent of Gen Z and 31 percent of young Millennials  $1,000 to $2,499: 28 percent of Gen Z ...

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Wedding Bliss On A Budget

When thinking about what topic to write on for my blog post this week, I decided to write about something that I personally learned a lot about this year: weddings. My husband & I got married in April and it was an eye opening experience. Of course I knew the cost of weddings were increasing at an exponential rate, but I had no idea how to navigate these treacherous waters and ensure we made it on the other side without incurring debt. Here are a few tips I learned for my own wedding that will hopefully help you along the way: Venue: Admittedly, I lack creativity and patience. For me, it made sense to go for an all inclusive venue to cut down on stress. However, if you are better at this than I am, look for a venue that will let you express your creative side and make your own decorations. You can also shop around prices for your ...

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Is it Time to Dodge the Draft?

No, you are not going to have to avoid a Government draft. But with winter coming, you might want to do somethings about that drafty house.  Some simple inexpensive projects could save you up to 18% on your energy bills this winter.  Here are four projects you should look at doing. Durable Weather Stripping.  Take a look at your exterior doors.  If you can slide a piece of paper between the door and the frame, then you are probably losing energy.  Bronze strips bought at your local hardware store are about $20 and easy to install on your own. Insulate the Attic Hatch.  If you have the traditional pull-down ladders to get to your attic, you will notice that was not build with any regard to energy saving.  A supper easy fix is to get an attic tent.  This is exactly like it sounds.  It is insulated fabric that you staple to the attic floor over the latter hatch.  It ...

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Impeachment and the Stock Market

A lot of people are nervous about the stock markets after the latest drama with the President and the potential for his removal from office. After Speaker Nancy Pelosi announced that the House would launch a formal impeachment inquiry in response to the President’s dialogue with Ukrainian president Volodymyr Zelensky concerning former VP Joe Biden’s son, the US markets quickly fell. Investors were shaken by the potential of removal of President Donald Trump from office. By the time the closing bell rang, most sectors in the US were in the red after starting the day in the green. How does this process work and what history do we have to draw on for past performance of the stock market during impeachment proceedings? The answer to the former I can lay out for you, the answer to the latter is a bit harder to gather answers from. From October 1998 to February 1999, stocks rose despite the Clinton impeachment. But the ...

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Atlanta Small Business Profile – Scott Monge, Monge & Associates

On this week’s episode of the Atlanta Small Business Profile, our host Ted Jenkin speaks with the Founder and CEO of Monge & Associates, Scott Monge. If you’ve ever wondered who to call if you get hurt on the job or injured in a car accident, then look no further than Monge & Associates. This personal injury firm has been in business for over 25 years, and now has a dozen offices across the country. Today, we find out how Scott got started in this industry and how he continues to grow and expand the firm. To find out more about Scott and Monge & Associates, be sure to watch the entire interview above. ...

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Why Your Parents Financial Advice Might Be Wrong (Sort Of……..)

A recent study that came out on CNBC showed that when it comes to debt, Gen Xers are now at the top of the class.  Especially in the category of personal debt where the average Generation X individual (ages 39 to 54) has racked up $36,000 of personal debt.  This is on top of the student debt that is still lagging in the background and potentially taking on new college debt for their children. I think about the advice I got from my parents and the advice that I am giving today.  We all need to consider that as life evolves, so may some of the traditional financial advice that we give when it comes to money decisions.  Here are four areas where parents’ financial advice may be (kind of) wrong: Go To College And Get A Degree:  Let me say up front, I’m not advocating that a college degree is a bad idea.  But we need to consider what’s ...

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Atlanta Small Business Profile – Josh Zimmer, Jersey Mike’s Subs

On this week’s episode of the Atlanta Small Business Profile, our host Ted Jenkin sits down with Josh Zimmer, COO of Two Bucks, Inc. which owns nine Jersey Mike’s Subs locations. Originally, Josh wanted to start his career in the restaurant industry by opening up a fast-casual concept of his own creation. Unfortunately, nine to ten years ago, the economy wasn’t very strong and Josh could not come up with all the means to make that concept a reality. This forced him to explore other opportunities, like franchised businesses. That’s when he found the owners of Two Bucks, Inc. Two Bucks already had four Jersey Mike’s franchise locations up and running, but they needed someone to come aboard and help them manage operations and grow their stores. Josh knew he would be a good fit for the business given his 15 years of hospitality experience and 10 years of corporate marketing experience. He had the drive to go in this ...

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Why I Kicked My College Graduate Out of the House

When my oldest child was about to graduate from college earlier this year, I made a strategic decision: We were going to kick her out of the house and get her living on her own. Do you think I am a bad parent? Or, am I taking the steps that more parents should today–getting their children to be responsible for their own finances despite the inevitable struggles? When my daughter graduated in May, my wife and I gave her a specific deadline: By the end of the summer, find a job, find an apartment, and find out exactly what your monthly expenses will be when you are living on your own.   Even though we’ve done well enough that we could have given her a bunch of cash or let her stay at home for a couple of years to build up a nest egg, my wife and I agreed that this was the best option for her. And it’s the ...

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