Archive | Consumer Tips RSS feed for this section
high rise fire

Older Parents Living In High-Rise? Brush Up On Fire Safety Tips

The horrific high-rise fire in London highlighted the potential dangers of living in a multi-story building. Take a moment to brush up on safety guidelines to keep your loved ones out of harm’s way. Who needs to be aware of fire safety issues? Fire safety should be a key concern if you: live in a multi-story building, or […]

Read full story Comments { 0 }
bank

Which Large Banks Earned Top Ranking For Best Service, Products?

Who says big banks can’t be friendly? Kiplinger Personal Finance magazine just announced its top picks for “best large bank” and two of the winners offer deals that might just make you smile. Competing in the “large bank” category are financial institutions that blanket multiple states with branches and offer the broadest array of products and services. […]

Read full story Comments { 0 }
female advisor

Our Best Interest Commitment To You

You may be aware that the Department of Labor has sponsored new consumer protections for retirement investors to ensure that financial advisors act in a consumer’s best interest. “While many investors think that their financial adviser already is required to act in their best interest – like their doctor or their lawyer – the law […]

Read full story Comments { 0 }
trust 3

Quote Of The Week: Why Your Advisor Should Always Be A Fiduciary

“Ask the person managing, or offering to manage, your investments to state in writing that he or she will act as a fiduciary at all times, for retirement and non-retirement accounts. Knowledgeable clients already demand fiduciaries for all their money. Don’t be blinded by titles like “financial adviser” or “wealth manager.” If they’re not fiduciaries, […]

Read full story Comments { 0 }
mortgage

The 20% Down Myth, And How You Can Now Buy A Home With Much Less

One of the biggest misconceptions about buying a house today is that you need to make a 20% down payment. And let’s face it. That’s holding back a lot of potential homeowners, especially first-time buyers, who just don’t have that much cash in the bank. But the facts are that while a 20% down payment is […]

Read full story Comments { 0 }
Fun Leisure Vacation Bicycle Outdoors Nature

Biking? They’ve Got Your Back

May is National Bike Month. If you like to get out and enjoy the outdoors on your bike, you’ll be glad to hear AAA has got your back. Many AAA members are not aware that their auto roadside assistance coverage also includes coverage for their bicycle. Here’s what you need to know, says AAA: If your […]

Read full story Comments { 0 }
sorry dog

Sorry For Any Inconvenience, But …..

Sometimes we want to help out, but we’re just not allowed to do so. Here’s a recent example. We were recently reviewing retirement investments for two different clients, and asked for updates on their workplace 401(k) accounts. Both clients offered to provide us with their account user IDs and passwords so we could sign in and look at […]

Read full story Comments { 0 }
The Changing Prairie

Quote Of The Week: Johnny Can’t Understand Money. And Why That’s a HUGE Problem.

We hear it all the time. Young Americans struggle with basic concepts like budgeting, saving, interest, and debt. So how are they ever going to navigate the world of personal finance and save for retirement? The National Endowment for Financial Education (NEFE) – an organization that supports financial education efforts across the U.S. – explains why understanding personal […]

Read full story Comments { 0 }
smiley-face

Never Underestimate The Power Of A Good Referral

Here’s an amazing example that shows the power of a good referral. It happened just before Christmas in our office. We have a client we’ll call David (not his real name). He needs a new roof on his home and wanted to pay for it by refinancing his mortgage. (By the way, if you live out of […]

Read full story Comments { 1 }
interest-rates-up-2

As Prime Rate Climbs Higher, Your Interest Costs Won’t Be Far Behind

If you owe money on student loans, credit cards, or home equity loans, you may soon find that your monthly payments are set to rise. Many lenders peg the interest rate you pay off of the prime rate, and the prime rate – as measured by the Wall Street Journal after surveying prevailing rates at major […]

Read full story Comments { 0 }