Getting out of debt doesn’t occur overnight. It may take several years to achieve, and that’s okay. As long as you take it one step at a time and maintain discipline, you will get out of debt and on your path to financial freedom. There is certainly no shortage of financial advice out there – […]
About Matt Elliott, CFP®, CSLP®
Best Money Moves for Your Stimulus Check
Economic Impact Payments (AKA Coronavirus stimulus checks) started going out in April. For those with direct deposit on file with the IRS, payments began hitting accounts mid-month, while those getting physical checks began receiving them at the end of the month (and could potentially be waiting much longer). If you’re still unclear on your eligibility, […]
5 Tips to Recession Proof Your Finances
Tip 1: Start thinking about it now The most common mistake people make isn’t necessarily being financially ready for a recession, it’s being mentally prepared for one. People tend to overestimate the upside, and underestimate the downside risk of their investments. This may be compounded by the comfort we all feel after a 10 year […]
What You Need to Know about the CARES Act
The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on 3/27/20. It is the largest stimulus package in US history and will directly impact nearly every American. While the law is lengthy and still being analyzed, I have summarized the areas we will see benefit most of the public directly which […]
Don’t Let Fear Drive Your Investing
Why it is important: As you’re reading this, there is likely a major event in the news that may have you worried and is driving the stock market. One thing that often keeps people from becoming financially free is letting fear hijack their financial decision making. If you let emotion drive your investing decisions rather […]
Prioritize Your Financial Goals
Why it is important: Until you prioritize what you’d like to spend your money on, it is impossible to know what expenditures are worthy of your hard-earned money. Once you have a good idea around this, you can begin to make informed decisions to help you achieve your financial goals. Would you rather lease that […]
Get Your Financial Life Organized
Why it is important: You need to get organized today for two people: For yourself. This is the foundation of all of your future financial decisions. It is impossible to make informed financial choices without first understanding where you are. Once you know where you are, you can clarify what your long term financial goals […]
What to Look for in a Financial Advisor
Financial services structures and costs can be confusing to navigate, even for me, and this is my career. Going into an initial meeting with a financial advisor for the first time can feel a bit like stepping into a cage fight. Your guard is up, but your opponent is a seasoned veteran that does this […]
