What should I do to budget if I’m on unemployment?

I’m sorry to hear you are unemployed. I know for many people it has been very difficult to access unemployment benefits since the CARES Act was enacted in March 2020. On top of that, the extra $600 per month payout ended July 31, 2020. So, congratulations on breaking through the red tape. You finally have…

Read More

Game Plan for Starting a Small Business

When I first became a financial planner, my specialty was small business owners. I also headed my local Chamber of Commerce’s Small Business committee. Over the years, I received a lot of excellent business advice. Below are the top five most impactful business tips I’ve heard: Get your personal financial house in order If you…

Read More

How can I save on a fixed income and disability?

The key to saving is quite simply, to spend less than you make. This works for all incomes, whether it’s from a job, retirement, or government benefits like disability. If you are spending everything that you have each month, then consider checking your spending for a leak in your wallet. When I say “leak,” I…

Read More

How to talk about finances with your children

It’s important to talk openly with your family about your financial goals, values, and situation on a regular basis. However, that’s easier said than done. As early as preschool, you can start talking to children about money and building their financial skills in age-appropriate ways. For preschoolers, you might focus on the skill of waiting…

Read More

What is a Health Savings Account and Should I Open One?

If you have a High Deductible Health Plan for your health insurance, then you are eligible for a Health Savings Account (HSA). You can use HSA funds to pay for qualified medical expenses. These expenses can be incurred by you, your spouse, or any dependents listed on your tax return. There is no need to…

Read More

How to Make a Budget for Your Family During COVID-19

“How can you budget your money when you have the same amount coming in as you did before, but now you have everyone at home using more electricity, gas, and water and eating more food?” Submitted by Kelly B. A budget is nothing more than deciding how you will spend money before you get it.…

Read More