Have you heard the saying that everything old is new again? Here’s a case in point. Vinyl recordings are likely to outsell CDs for the first time since 1986, reveals a new mid-year report from the Recording Industry Association of America. Incredible but true. Vinyl sales are growing at over 10% per year, reports 361 […]
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Save Money In The Back-To-School Sprint
If you grew up in the North, you’re used to school starting after Labor Day. Welcome to South Florida, where August means daily afternoon downpours and back-to-school time for the kids. Families were out shopping for school supplies, backpacks, and in many schools, special uniforms, before classes started this week. The whole back-to-school routine is […]
Ex-NBA Star: What I Learned From Financial Mistakes
Ex-NBA star Antoine Walker learned the hard way when his lavish spending ended up with him in bankruptcy. Now he teaches rising young athletes about financial literacy so they don’t make the same mistakes he did. Looking back, the former player for the Miami Heat and Boston Celtics said during an interview with ThinkAdvisor magazine […]
Quote Of The Week: How Do You Measure Financial Success?
Advice that never goes out of style: “The true measure of financial success isn’t how much money you make—it’s how much you keep. That’s a function of how well you’re able to save money, protect it, and invest it over the long term.” Karen Hube, “10 Rules for Financial Freedom,” Barron’s, May 24, 2019
Overspending? Blame It On Social Media.
That selfie could be costing you more than you think. More than a third of Americans admit “their spending habits have been influenced by images and experiences shared by their friends on social media,” according to the 2019 Modern Wealth Survey, a research project sponsored by Schwab that interviewed 1,000 Americans on how they spend, […]
Quote Of The Week: When Helping Adult Kids Hurts Your Retirement
“Parents are spending $500 billion annually to support their adult children — two times the amount they’re contributing toward their own retirement savings.” Betsey Guzior, “Parents contribute more to adult kids than retirement savings,” The Business Journals, October 4, 2018 The Takeaway: Almost 80% of parents provide some financial support to their grown kids ages […]
After Reading Our Blog Post, Our Client Turns Up $300 In Free Money
Did you see our blog article last week about the billion dollars or so of unclaimed property the state of Florida is trying to give away? You can check out the article here: $1 Billion In Unclaimed Treasure For The Taking. Could It Be Yours? To see if some of that property is yours, all […]
$1 Billion In Unclaimed Treasure For The Taking. Could It Be Yours?
It’s hard to resist the lure of unclaimed treasure waiting for you, just for the taking. Is your name on it? It will take you less than 5 minutes to find out. Visit the Florida Unclaimed Property site, and type in your name. Over $1 billion of assets are there for the taking, just waiting […]
Quote Of The Week: Building True Wealth
Why financial success can’t be measured by what you earn: “If you’re spending all your money accumulating assets that don’t appreciate and racking up debt, you’re not building true wealth. You can have a six-figure salary and still be broke.” Financial columnist Michelle Singletary, “How to calculate your net worth,” The Washington Post, July 19, […]
Retiring In Florida: Here’s What It Really Costs To Live The Dream In 3 Different Cities
Florida is one of the best places to retire in America. But how much does it really cost for a dream retirement in the Sunshine State? We just collaborated with journalist Hillary Hoffower of Business Insider to calculate what the typical retiree really needs to stake out their place in the sun. The rules? Our […]
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About Mari Adam, CFP®
Mari Adam, Certified Financial Planner™ and President of Adam Financial Associates Inc, has been helping individuals and families chart their financial futures for twenty five years. Mari has appeared in publications such as Business Week, CBS MarketWatch, Wall Street Journal, Kiplinger’s, Newsweek, and Money Magazine.
