by AFP Staff | Aug 30, 2018 | Financial Planning
If you are receiving wages, tips, or salary, then you’re earning income. You should be contributing to your retirement plan, whether it’s sponsored by your employer, or yourself as a small business owner. Whether you’ve been in the workforce a while or you’re just...
by AFP Staff | Aug 13, 2018 | Financial Freedom, Financial Planning
The Tax Cuts and Jobs Act passed by congress in late 2017 came with a lot of changes. Among the most notable is the raising of the standard deduction to $24,000 for couples, $12,000 for singles, and $18,000 for household heads. This is almost double what the standard...
by AFP Staff | Jul 30, 2018 | Financial Freedom, Financial Planning, Investments
Read this article even if you don’t think your mortgage costs this much! Paying off your home faster gives you more money to put towards other activities and priorities in your life. Though it may be a challenging idea, you can do it with a little know-how and good...
by AFP Staff | Jun 29, 2018 | Financial Planning
It has been nine years since the Great Recession, and you’ve seen some outstanding gains in your portfolio, but every great run will end somewhere. In his article How To Face The Next Bear Market With Confidence Frank Holmes, CEO and Chief Investment Officer of U.S....
by AFP Staff | Jun 20, 2018 | Financial Planning
Making large financial decisions after the passing of a loved one can be a very difficult process, especially on top of the grief you’re going through. If your loved one blessed you with an inheritance in addition to their lifelong investment of love, here are some...
by AFP Staff | May 30, 2018 | Financial Freedom, Financial Planning, Investments
On your path to financial freedom there are several pitfalls to avoid. The following are the top 5 danger zones to watch out for on your way to achieving your goals and dreams. 1. Burdening yourself with debt. In its proper place, debt can be leveraged to help you...
by AFP Staff | May 21, 2018 | Financial Planning, Investments
The importance of diversification in investing cannot be emphasized enough. When divvying up all your investment eggs, it’s important not to put them all in one basket. So what does a well diversified portfolio look like? Different asset classes. An asset class is a...
by AFP Staff | May 3, 2018 | Financial Planning
A commonly known investing philosophy is to buy low and sell high. When it comes to the stock market, however, many investors do exactly the opposite. Why do they make this common mistake? The tendency for many people is to want to get in on stocks when they are...
by AFP Staff | Mar 26, 2018 | Financial Planning
More than 10 million people become victims to identity theft every year. This translates to 19 new victims every single minute. Identity theft scams are many and range from card-skimmers at gas stations, to romance scams, fake Social Security Administration calls,...
by AFP Staff | Feb 27, 2018 | Financial Planning
Financial planning guards against pitfalls. Unfortunately, no one is free from risk and you could lose all your assets by investing poorly, failing to have the proper insurance products, or by exposing yourself to too much risk. Financial planning looks at your entire...
