Is Lifestyle Creep Limiting Your Wealth?

CPA, Accounting, Accountant, Jackson TN

Imagine you have just gotten a raise at work. You’re probably thinking about how you can afford that big purchase you’ve been wanting, or how you can finally go on that nice vacation.That trend has a name: lifestyle inflation. And though it’s not always a bad thing, it’s important to know what it is and…

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How do catch-up contributions work?

CPA, Accounting, Accountant, Jackson TN

Not everyone is able to max out their retirement contributions in the early years of their career. As retirement approaches, that can leave you feeling like you’ve fallen behind on saving. But when you turn 50, the IRS allows you to start catching up. Catch-Up Contributions You can contribute up to a certain amount, determined…

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Make Your Donations Strategic

CPA, Accounting, Accountant, Jackson TN

As you build your wealth, you might be thinking about ways to give back. Charity is a valuable way to support causes important to you. Learn how charity can become a part of your financial strategy. How  Charitable Giving Can Work for You Charity is a generous act, and financial planning can help maximize the…

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How to Have a Healthy Money Outlook

CPA, Accounting, Accountant, Jackson TN

Did you know that money management and financial challenges are one of the biggest sources of stress for many Americans? Regardless of your net worth, it seems like there’s always something to worry about. While some things can’t be controlled, other stressful triggers can be kept in line with a little bit of thought and…

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Have you heard these 5 money myths?

5 Money Myths

Has anyone ever made an unfair assumption about your money habits? Was that assumption based on how old you are?  People often look for patterns and trends when it comes to spending and saving, but in reality, your financial approach probably isn’t based on age or decade alone. What do you think? Do these common…

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5 Finance Related Podcasts Worth a Download

best-finance-podcasts

Listen and Learn: Financial Podcasts One common trait among the highly successful is their endless drive to improve and learn. Take a page from their book during your downtime this holiday season by feeding your curiosity and keeping your mind engaged. Make space on your digital device for some of these popular finance-focused podcasts: National…

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How to Review Your Finances Midyear

No matter how much fun your summer is shaping up to be, it’s no time to put your finances on pause. Take a look at the past six months to gauge how you can adjust your strategic or tactical actions to ensure you’re making steady progress toward your financial goals. Check In With Your Cash…

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Orderly Savings

Depending upon your circumstances and everyone’s is different, the order that you prioritize for investing may vary. However, in general most people should prioritize investing for the short-term and then the long-term. Short-term investing, which I prefer to call savings, is most commonly for an emergency fund. An emergency fund is basically a small accumulation…

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Understanding Investment Risk

When it comes to investment risk, two facts are true for everyone! Everyone takes investment risk, but risk doesn’t necessarily mean additional return. You might be saying to yourself either, “I don’t take investment risk,” or  “I like risk, it means more return.” Well, I’m sorry to say it, but if you are either person,…

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