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Review Category : Gen X & Y Financial Advice

oXYGen Financial Opens New Location In Sarasota, FL – Micah Keel Will Be Managing Director

Atlanta based oXYGen Financial, one of the pioneers of Generation X and Y financial services, is opening another new location in Sarasota, FL. oXYGen Financial has four divisions and has more than 1.4 billion dollars under advisement. This new location, being managed by seasoned financial advisor Micah Keel is the second new location opened by oXYGen Financial this year. Keel discussed the impact oXYGen is going to have in the Sarasota area. “oXYGen’s new branch embraces an evolved concept that focuses on design, service, and people. The oXYGen Financial technology platform builds efficiency and productivity. This will allow our team in Sarasota to focus on our clients and move from a transaction drive culture to a more consultative, hands on approach with clients.”  “We are excited to have Micah and his team join oXYGen Financial,” said Ted Jenkin, CEO and Co-Founder of oXYGen Financial. “We continue to look for talented financial advisors who can help more clients breathe easier® about life. While ...

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Are those Phones Calls a Scam?

For years I’ve been telling my clients that those phone calls from the IRS are scams.  The IRS does not call people.  And you should never give out your information over the phone. Well now the scammers have moved to Social Security.  There is an increase in scam calls, claiming they are from the Social Security Administration.  They sound official making claims that due to fraudulent activity your Social Security number is being suspended.  What they are trying to do, is get you to let your guard down, so you will give them some of your personal information. Let me be really clear.  Your Social Security number is NEVER suspended.  This is not something the administration does, and they will never make phone calls to people.  Most of the time communications come from official postal mail. But you may have gotten an email from the administration and that is probably real.  If you have gone to SSA.gov and created a ...

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The Atlanta Small Business Show on Peachtree TV: Episode 11 – [05.11.19]

On this week’s episode of the Atlanta Small Business Show, we kicked things off with Brandi and Jermail Shelton, the husband and wife team behind Just Add Honey Tea Company. Next up, was an Advice From the Pros segment with startup expert, George Deeb. Then, we caught up with Jess Ekstrom, founder, and CEO of Headbands of Hope. After that, we took a look at another Advice From the Pros segment featuring Leslie Kuban, owner of FranNet Atlanta. We also spoke to the Executive Director of Bright Futures Atlanta, Philip Ross, and 10th-grade student, Jordan Jones. Rounding out the show was this week’s episode of the Atlanta Small Business Profile, where our host, Ted Jenkin, spoke with Clint Crowe, co-founder of Elite Event Rental. ...

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The Atlanta Small Business Show on Peachtree TV: Episode 10

Want your business featured on The Atlanta Small Business Show? Tell us your story! And if you would like to advertise with ASBN, give us a call at 678-332-9706 or email us at sales@myasbn.com On this week’s episode of the Atlanta Small Business Show, we started things off with Steven Carse, co-founder, and CEO of King of Pops. We then took a look at this week’s episode of the Atlanta Small Business Profile, where our host, Ted Jenkin, spoke with Garett Lockhart, CEO of the Atlanta Brewing Company. Next up was an Advice From the Pros segment with Jeanne Bliss, customer experience expert. Next, we caught up with Ashley Bell, Regional Director for the SBA, and special guests Labriah Holt and Mike Glover. Rounding out the show was another Advice From the Pros segment, this time, featuring Ryan Wilson, co-founder and CEO of The Gathering Spot. ...

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What Is A Financial Bubble?

A lot of clients ask me: When is the bubble going to pop? What is the next bubble on the horizon? How do we prepare for the next bubble? My question back to them is always: Do you know what a bubble is and how it works? A bubble, in the financial and economic sense, is a fast rise in an asset’s price followed by a contraction. Bubbles typically happen when the price of an asset is not justified by the asset itself but rather by the over-exuberant behavior of investors. When there are no more investors willing to pay the overinflated price, people panic and sell and the bubble bursts. We have seen countless examples of this over decades of economic events in the United States. Heck, even in the last 15 years we’ve seen multiple bubbles. 2005: An asset bubble occurred in real estate. Hedge fund managers created a huge demand for credit default swaps that insured mortgage-backed ...

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Financial Moves To Make When You Become A Freelancer

Imagine this: You recently lost your job or your job lost you, and now you have decided to take some freelance consulting job to pick up some spare cash. Or, you are finally starting that side hustle you’ve always dreamed of and your Etsy store is about to be up and running. Sound familiar? You fill out a W-9 in order to get paid, and a few weeks later a check comes in the mail made out to you.  You are overwhelmed with excitement because this is the first time no taxes have been taken out of your paycheck and you are feeling flush with cash.  At some point in 2020, you’ll be getting your first 1099’s in the mail, but what should you be doing here in 2019 to make sure your ducks are in a row come tax filing time? The reality is that most of you who earned your first 1099 will likely file Schedule C (sole ...

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How NOT To Cheat When Getting Your Kid Into A Great School

Over this past week, one of the largest cheating scandals in history got cracked wide open uncovering bribery and other illegal acts committed by celebrity stars such as Felicity Huffman and Lori Loughlin.  This may be the straw that breaks the camel’s back and opens up the real investigations into how much parents ‘donate’ in order to help their children get the edge to get into the school of their choice. It does beg the question about whether it’s our children that are feeling the peer pressure about getting into college or is it us the parents who are feeling the peer pressure to compete with our neighbors, our co-workers, and our college friends.  Do you as the parent feel less self-worth when that banner in the front of the neighborhood gets put up for everyone to see or when your friends post where their kid is going to school on Facebook? I’m actually amazed by how people are surprised ...

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Five Things You Need To Know Before You Buy Your Next Airline Ticket

There are certain purchases in our lives that always seem to be nerve-racking.  Buying a home, buying a car, and how about pressing that button to officially purchase an airline ticket.  While you are truly excited about that skiing trip in Vail or your next worldwide adventure starting in Amsterdam, you might just be concerned about whether or not you got ripped off on the airfare.  Sometimes, it may feel like the airfare websites are tracking your IP address just jacking up the prices until they squeeze you in or out of buying that ticket. So, here’s the insider’s guide to five things you should know before you purchase that next ticket. Non-Stop Is Cheaper Than A Connector Flight – Actually, here’s an interesting tip. Sometimes, booking two one-way flights might be cheaper than booking the round trip, and that is where I recommend you start the search. What airlines care about most is that their flights are full. Look ...

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Five Most Common Tax Questions People Are Asking This Year

It’s that time of year.  Unless you needed your refund quickly and your documents were in complete order, you are now beginning to organize your stack of documents to get your taxes filed for 2018.  With all of the news about people getting smaller refunds, lots of taxpayers are worried about actually having to stroke a check when they complete their taxes.  The new Trump tax plan that took effect last year had many changes that people were unaware of or didn’t pay attention to during the course of 2018.  This has triggered a handful of questions which I will answer here in the Your Smart Money Moves column. Why are refunds smaller this year? – This is actually a pretty easy one to answer.  When the new tax laws took effect in 2018, most people quickly realized they had received a bump in their paycheck.  However, what most people didn’t do was make a new calculation on the new ...

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10 Estate Planning Mistakes to Avoid

All too often, new clients come in, and we discover that they have been complacent about the need for proper estate planning.  They think they are either too young or too old, they are of modest means, or an estate plan is unnecessary.  Plus, no matter how much you think your family loves one another, people are greedy when it comes to money. When assets come into play, no estate plan, or a poor one, can cause issues or allow property to fall into the wrong hands. Here are 10 mistakes that, if avoided, will smoothly transfer your estate. Not having a Will or, in the alternative, a living trust – Without a main vehicle to drive the estate, the probate court has to get more involved. Focusing solely on taxes – Under current tax law, most people will not hit the estate tax limits, so taxes do not have to be the driving decision maker. Naming the wrong executor/agent/trustee ...

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