Explaining the Benefits of a 401(k) to Young Adults Entering the Workforce

by Joel Dansby* on Feb 23, 2021

If you have a child graduating from high school or college and entering the workforce, they may have the opportunity to open up a 401(k) through their new employer. In some cases, that employer will also offer matching contribution funds up to a certain percentage. While it sounds like a no-brainer to take advantage of these benefits early,many younger employees do not participate in their employer's 401(k) plan. 

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Should You Retire at the Same Time As Your Spouse?

by Joel Dansby* on Feb 20, 2021

If you and your spouse are making plans to retire, you’re probably wondering whether it’s a good idea to retire at the same time. Many couples go through the same thought process and, in fact, one in four couples quit their jobs within a year of each other. But retirement is a decision that should be carefully thought out. Here are some things to consider when deciding whether to retire at the same time as your spouse.

Healthcare Costs

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Should I Own Life Insurance On Others?

by Joel Dansby* on Feb 13, 2021

The primary reason most people own life insurance is to ensure that their loved ones will have the means to replace lost income and pay for their financial obligations in the event of their premature death.  In fact, life insurance is a critical financial tool in any circumstance in which the premature death of an individual could result in a financial hardship on another.

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Life Insurance - What is Whole Life Really Anyway?

by Joel Dansby* on Feb 6, 2021

Although whole life insurance, in its present form, has been around for over a century, it remains somewhat of an enigma for people who want to buy permanent protection, especially as new forms of life insurance have sprung up around it over the last several decades.
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The Infidelity of Financial Affairs

by Joel Dansby* on Feb 2, 2021

For time immemorial we have known that men are bigger cheaters than women. It seems that men, by their very nature, are more inclined to hide their infidelities and risk their relationships. Now we learn that women can be bigger cheaters than men, but with financial affairs, not romantic affairs.
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Have a Long Term goal? Financial Planning can Help You get you there

by Joel Dansby* on Jan 30, 2021

After several years of wallowing in financial upheaval caused by a severe recession and financial crisis, Americans are, once again, looking to the future. A renewed confidence has many people setting their sights on long term goals that, just a few years ago, may have seemed out of reach.
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The Basics of Paycheck Protection Program Loans: Round Two

by Joel Dansby* on Jan 26, 2021

The year 2020 was unprecedented for so many reasons—all because of the COVID-19 pandemic. Many suffered from job losses, had to juggle childcare while working from home, and tried to keep their small businesses open with few resources. Thankfully, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) established a business loan program to help keep businesses across the country afloat during tough economic times.

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Keys to Successful Debt Management

by Joel Dansby* on Jan 19, 2021

Perhaps the most encouraging outcome of the latest recession is the increasing emphasis on debt reduction by most Americans.  We are borrowing less and saving more, and, hopefully, developing some more frugal habits that can lead to healthier finances in the future.
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