Investments

5 ways millennials are spending their tax refunds

Notice a smaller refund last year? You’re not alone. The average tax refund dropped by about 2%, according to the IRS. The upside? More people got them. About 95.7 million refunds were issued, a small increase from the 95.4 million …

Robo-advisors: Are They Legitimate?

The rise of robo-advisors occurred shortly after the 2008 financial crisis. Positioned as a digital solution to the many overwhelming factors involved when trying to build an investment portfolio, it’s often marketed to Millennials – but it’s certainly…

3 Financial Risks Worth Taking

We all need to spice it up a bit now and again – but can be wary to do so with our money! The idea of risking your financial health or carefully built up nest egg can be nauseating.

So, how do you know if a financial risk is indeed worth …

5 Mistakes that Sabotage Your Long-Term Wealth

We all slip up when it comes to handling money. But sometimes small infractions we think are no big deal, end up becoming mistakes that sabotage our long-term wealth. Be careful not to make these five mistakes.

1. Carrying debt
Debt, espe…

529 Savings Plans in 2019

It’s never been more important to save for college, as tuition continues to rise – and rise. One way people have saved for their children’s tuition has been through 529 savings plans.

If you have a 529 savings plan or have thought about s…

How to Make Your First $1 Million

Big money goals are intimidating, but that shouldn’t stop you from setting a high bar for your long-term financial health. With a lot of grit and proper planning, you can achieve a seven-digit net worth. Here are 12 steps to take to make your fir…

How to Calculate My Net Worth

Net worth is a technical term for performing a simple calculation: (Assets) – (Liabilities) = net worth.
Assets refer to everything from your cash in savings and checking accounts to equity in your home to investments and retirement accounts to e…

Capital Gains Tax Calculator

If you sell stocks, Bitcoin or a large asset, such as a car or boat, for a profit, you may be on the hook to pay capital gains taxes on that income.  Capital gains are broken into two categories based on the timing of their sale date. Short-term c…