Financial Statements

Your Personal Financial Statements Personal financial statements are the roadmap that guides us from where we are today, to where we want to be tomorrow. They also provide fixed points of reference from which we can measure our progress over time. What are Personal Financial Statements? There are two basic personal financial statements that everyone […]

Year-End Planning

Year-End Financial Planning: A Checklist The best financial decisions are made with the benefit of time, thoughtful consideration, and trusted professional advice. As tax time approaches, take the time to prepare for sound long-term financial decisions and minimize expenses, taxes, and the headache of organizing your finances at the last minute. Organize Your Tax Records[…..]

Selling Your Home

Selling Your Home for Maximum Gain in Minimal Time If you’re like many Americans, your home probably represents your biggest investment. But the current tax treatment of capital gains from the sale of personal residences is favorable – gains of up to $250,000 for singles and $500,000 for married couples are generally tax-free, provided you[…..]

Time Value of $

It’s True – Time Is Money! People often overlook the time value of money. Economists know full well that a dollar received today is worth more than a dollar received a year from now. Why? Because that dollar could be invested, saved, or used to purchase an asset such as real estate that will appreciate[…..]

Life Cycle Planning

Welcome to “Life Cycle Planning” Financial planning means something different to everyone. For some, it’s about getting by month to month on their paycheck, for others it’s about watching how their stock portfolio performs each day. Unfortunately, few of us feel completely prepared to meet our ongoing financial obligations and objectives. Worries about money have[…..]

Budgeting Intro

Budgeting Basics Let’s face it: Nothing in life ever goes exactly as planned. And that goes double for money matters. How many times has this happened to you? Just when you think you finally have some breathing room in your budget, an unexpected expense comes along and wipes it out. One way to prepare for[…..]