About Mari Adam

Mari Adam, Certified Financial Planner™ and President of Adam Financial Associates Inc, has been helping individuals and families chart their financial futures for over twenty-five years. Have a question about your financial situation? Ask Mari!
Author Archive | Mari Adam
spa party 2

Warning: Are Spa Parties Dangerous to Your Daughter’s Financial Health?

Are spa parties sabotaging your daughter’s chance of becoming the next Bill Gates or Mark Zuckerberg? If you have young daughters, or spend time with your nieces, grand-daughters, or other young girls, we recommend you read a thought-provoking article penned last week by Chelsea Emery at Reuters. In her article  Spa parties and money-smart daughters, Emery argues […]

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Surging Car Sales: Some Good News on the Economy

It’s not all gloom and doom on the economic front. One bright spot is a healthy rebound in new auto sales.  U.S. auto sales jumped 22 percent in June.  In 2011, new auto sales were running in the range of 11 million units per year.  Now, they total over 14 million. What’s behind the sales growth?  It […]

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Understanding Your Quarterly Portfolio Performance: “Actual” vs. “Annual”

One of the most common questions we get regarding the quarterly portfolio performance reports we send to clients is to explain the difference between “Actual” and “Annual” portfolio returns. For all quarterly reports (except the final report produced at year-end), both “Actual” and “Annual” numbers are printed on the quarterly statement toward the bottom of the “Portfolio Performance Summary” […]

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retirees with grndkids

Top 5 Goals of Retirees

Middle-income retirees (those with a household retirement income of $25,000 to $75,000 per year) were asked to rank the top 5 goals they want to accomplish over the next three years.  Here’s how their top goals stack up: More travel before it’s too late, perhaps to Asia or South America Stay healthy enough to stay out of a nursing home Stay […]

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savings bonds

Tip: Checking The Value of Your Old Savings Bonds

Many of our clients, and often their children, have savings bonds tucked away in a drawer or safe deposit box.  We often get asked what’s the best way to keep track of your savings bonds.  How can you tell the value of your bonds and what interest rate they are paying?  And when is the right […]

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cash in safe

Corporations, Like Consumers, Sock Away Cash

How many of us are holding more cash than is good for us because of the uncertain economic outlook? We all know that cash earns next to nothing.  It’s a bad investment, and can’t help but lose value once inflation is taken into account. But it’s hard to resist tucking those extra dollars away “just […]

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adult college student

More Adults Heading Back to School

Adults are heading back to school in greater numbers than ever before.  For some, it’s a ticket to a liberating mid-life career change.  For others, it’s a way to  enhance and update job skills in a treacherous job market. If you’ve taken the “back to school” plunge yourself, you will have noticed that the average age of students in […]

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7 Steps To Qualifying For The Best Mortgage

“Mortgage rates have plunged to record lows, below 4 percent. That’s great — but only if you can actually qualify for a loan, and that’s not easy,”  says Kathleen Lynn, writing for  the New Jersey Record. Lynn has seven tips to help you take advantage of bargain-basement mortgage rates, ranging from polishing up low credit scores, getting pre-approval for […]

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mansion

Quote of the Week: Millionaires Keep Housing Costs Down

“There are three times more millionaires living in homes valued under $300,000 than are living in houses worth $1 million or more.” CNNMoney.com Magazine, July 2012, “101 Ways to Build Wealth” Financial Tip:  Don’t be house poor!  Spending too much on your home can sabotage your long-term wealth building plans.  The CNNMoney article (quoted above) reminds readers that “historically, stocks […]

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Uncertainty Key Word for 2013 Taxes

There is nothing certain about the 2013 tax outlook, and that uncertainty is frustrating investors and businesses trying to plan for the coming year. The Bush-era tax cuts (dating back to 2001) are set to automatically expire on December 31, 2012.  Unless Congress acts, taxes will increase for almost all tax-paying Americans (we don’t mean to take sides, […]

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