What is Lifestyle Inflation?

Storefront of two mannequins with stickers showing various percentages indicating a sale

Have you noticed that even when your income increases, it can feel like you still don’t have more money leftover at the end of the month? That’s because often, when our income increases, our expenses do too. This is a very real phenomenon called lifestyle inflation. It can sneak up on us despite our best…

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How to Break the Paycheck-to-Paycheck Cycle

It can be so frustrating when you have more month than money! Everything is a battle and a challenge, just living day to day. The trick to getting out of that cycle is to make a plan for every single dollar. If you decide where you will spend your money before you receive it, you…

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All the Resources You Should Know About for Parenting During COVID-19

The COVID-19 quarantine turned millions of people into instant home-school parents with little time to prepare. Luckily, many organizations recognize the strain this has put on parents’ finances. There are lots of resources parents can use to ease this financial burden: Free or Reduced Cost Internet Resources Here are some options that you should check…

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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…

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What is the Rule of 72?

Are you considering investing money? If so, you should know about the Rule of 72. It helps you determine how long it will take for your money to grow a certain amount. The Rule of 72 allows you to figure out how long it will take for an investment to double at a given annual…

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Will I receive a stimulus check?

How does the stimulus check work? The coronavirus stimulus check is an advance on a 2020 tax credit. This means if you do not get a check in 2020, you may be able to claim the tax credit next year. The IRS calls this check an “economic impact payment.” The amount you get will be…

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