Review Category : Gen X & Y Financial Advice

5 Amazing Technology Gifts For Mother’s Day

Mother’s Day is less than a week away and word on the street is that spending is up this year.    The National Retail Federation estimated that consumers will spend 19.9 billion dollars on Mom this year in 2018 which is actually down from last year.  If you are counting that is an average of $162.94 per consumer which is $6 decrease from a year ago.  Men will spend more than Mom than women by more than $70!  Being a Mom is a tough job, and we need to all appreciate what Mom’s do throughout the year. Most consumers will acknowledge that appreciation with a greeting card (81.3%), though it appears her loved ones will also look for special gifts. Two-thirds (66.6%) of those celebrating will buy mom her favorite flowers, spending a total of $2.3 billion, and 33.5 percent will look for spring sweaters and blouses, spending a total of $1.7 billion on apparel and accessory items. Mom’s loved ones ...

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How To Get A Better Airline Price Even After You Book The Flight

All of us have experienced that fear of price gouging when we book our flights on line.  When you go to a major website such as Expedia, Priceline, or Kayak, you often wonder whether or not you are getting the best possible deal.  Then, when you hesitate to book the flight when you go online, you get even more bitter when you come back a day or two later only see the prices go higher.  Or, even worse is when you actually book the flight and then you see the price go LOWER!  Well, with the power of Artificial Intelligence there may be an answer to help you sleep better at night when you are booking flights or hotel called DoNotPay (www.donotpay.com/travel) that may just solve the problem. The real beauty about DoNotPay is that it works AFTER you have booked your flight ensuring that you get the best possible deal on your flight.  Since flight and hotel prices change ...

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Are You Breathing Easier?

Have you ever heard of “Breathwork” or “Rebirthing”? I’ve been doing various forms of breathwork for years. The concept behind it is that when you breathe deeply and rhythmically you oxygenate the body and emotions, feelings and even beliefs that you no longer choose to keep are brought to the surface and released from your body and energy field.  It’s always best to do this with a coach that you trust because some of those emotions and feelings are ones that we’ve labeled bad and we don’t want to feel them. They are the ones that have been stuck for years in our sub-conscious mind.  When they come out, we have to be in a non-judgmental space so we can feel them fully, release them and let them go. We release them so we can Breathe Easier!! It’s kind of like looking at your financial situation. Sometimes we’ve avoided looking at our finances. We may have hundreds of thousands or ...

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Five Ways To Save Money On Pet Costs

As the millennial generation grows up (people born 1981-1996), many couples are actually substituting the idea of having children with have pets as the cental focus of their family.   According to the American Veterinary Medical Association (AMVA), the 2012 Pet Ownership & Demographics Sourcebook showed that almost 40% of households in American had a pet dog.  Cats were at 31% falling in seconds place and a litany of other animals were further down on the list.   It turns out that if you ask most people what they think the cost to own a dog will be during its lifetime they gave an answer of $6,000.  However, the range actually falls between $27,000 and $42,000 in actuality over the course of ten years.  Of course children are more expensive, but here are five ways you could save money if you have a pet. Schedule Regular Checkups – We know that it is always better to be proactive versus reactive when it ...

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The Importance Of Risk Management In Trading

Most successful traders use risk management as part of their trading strategy. This is as much down to the importance of protecting gains as limiting losses. There are numerous ways in which you can protect your trades against unexpected market moves. This article covers the basics of risk management in trading, especially when you are using forms of leveraged trading such as spread betting and contracts for difference (CFDs). What is leveraged trading? Leveraged (also known as margined) trading gives you a larger exposure to the market. This means that you are able to open a trade by putting down just a fraction of the full value of the trade you are looking to place. Leverage allows you to use a small amount of capital to control a larger sum of an asset. Leverage is a great way to gain exposure to the market. Your potential for profit can go up when the market moves in your favour. It is ...

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Bank branches for the digital age: Regions Bank opens 2 innovative locations in Atlanta metro area

Technology is making our lives easier in so many ways. Today, we can access more information, communicate more quickly and cost-effectively, and work more efficiently than ever before. In financial services, innovations are bringing greater convenience, increased transparency and improved security – not only to financial transactions themselves but also to customers’ interactions with their banks. Regions Bank is embracing these changes and is preparing to unveil two new bank branches in the Atlanta metro area. The new branches feature cutting-edge technology combined with a high level of personalized service – all aimed at allowing you to focus more on life and worry less about money. New Regions locations The newest Regions branches are opening at Parkside West in Marietta and Stilesboro Oaks in Acworth, bringing the total of Regions branches in the Atlanta area to 35. In the new branches, you’ll see an improved design and learn how technology can simplify your banking experience. The innovative branches will also ...

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Four Moves To Make Before Interest Rates Go Up

It’s been roughly a decade since the housing collapse in the United States, and if you haven’t checked as of late the homes and buildings are going up in your neighborhood like a 2007 party.  Part of the main reason for the boom over the past decade was the loosening of the monetary policy keeping long term borrowing rates next to nothing. Those of you who locked in 30-year mortgages between 3% and 4% should thank your lucky stars because we may not see those rates again for another 20 years or more.  Now that the United States has hit record low unemployment and corporations across America are making record profits, the Fed is now beginning to tighten the monetary policy.   Mortgage rates were between 4.5% and 4.6% for a 30 year mortgage during the week of February 25th, 2018 (source: bankrate.com) So, what four smart money moves can you make as the Fed tightens up the money supply? Cut ...

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Five Steps To Build Up An Emergency Cash Reserve

One of the most important financial planning questions we often hear from clients is around how much money to have in a cash reserve.  People struggle with this question because the reality is that there isn’t an exact answer.  For many years, the general rule of thumb was to build up three to six months in an emergency reserve in case of emergencies or opportunities.  However, some people feel with the availability of credit and other assets that can be readily liquid that they don’t need to keep much money in an account that doesn’t bear much interest.  Here are five steps to build up an Emergency Cash Reserve. Determine Your Need This is really the first step in figuring out how much money you need for a cash reserve.  Since most transactions are done electronically today, many families really don’t know how much their family ‘burn rate’ each month.  What we are talking about is how much your fixed ...

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How to Tell a Legit Opportunity From a Pyramid Scheme

How can you tell whether you’re looking at a great business opportunity or a pyramid scheme? At first glance, telling the two apart may be difficult. Pyramid schemes often resemble multilevel marketing (MLM) opportunities, but major differences exist. First, multilevel marketing is legal while pyramid schemes are not. Multilevel marketing is also capable of generating long-term profits. Pyramid schemes crumble eventually, leaving some people with huge losses or, at the very least, wasted time. Discover some tips for telling the difference between the two. Look at the Products or Services The foundational difference between MLM and pyramid schemes is that legitimate MLM companies make money from selling products or services. You may be able to bring in extra revenue by recruiting people, but you and your company are making most of your profits from selling something with real value to customers, not from signing up new recruits. If you think about well-known direct sales companies such as Amway, one of the ...

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