Cost of living

The most common type of fraud is called “Phishing”, a social act in which the sender tries to impersonate a legitimate service or company to gain either your personal information or access to personal websites. This is accomplished by the fraudsters creating identical websites to the legitimate ones and prompt you to “update” or “verify” […]

Don’t miss: How do I know how much I’m spending You don’t have to match the gifts others give you. Your friends and family do not want you to go into debt for you to get them a fancy gift. If you are purchasing gifts for multiple friends, narrow your list down. “Naughty vs Nice”, […]

Don’t miss: Staying proactive with your finances First, consider whether your household will consist of either one or two incomes. Will that change at some point? This will have a great impact on your budget, which in turn will affect your lifestyle. Secondly, lay any large debts on the table. Credit cards, student loans, auto financing […]

Don’t miss: Do you need life insurance?  These choices not only impact your finances today but potentially the rest of your life. The best time to learn good spending and financial habits is now – and we are happy to bring you a few pieces of advice given our years of experience and expertise in […]

According to the 2019 Insurance Barometer Study (Life Happens/LIMRA), 40% of those without insurance coverage would have immediate trouble paying living expenses if the primary wage earner died. When evaluating your insurance needs it’s best to think about what financial obligations need to be taken care of in the event of your death. Are you […]

1. Your spouse doesn’t work So long as you have earned income, your non-working spouse can maintain a separate IRA in his or her name—funded from your earnings—effectively doubling your savings potential. Don’t miss: Should you lease or buy your next car? 2. You freelance or have a side business If you earn income from freelance work or a […]

First, let’s look at your options: Option #1: Buy New  New cars are expensive, the average new car is $36,000. Most people can’t pay cash for that new car and would need to finance the purchase. That average car over a six-year term at 3.25% interest would be about $551.00/month (for a total cost of […]

Michael Carlin Hi this is Michael Carlin, President of Henry+Horne Wealth Management with your Manage the Funds podcast and today we’re going to be answering questions from listeners. We want to talk about how do you make a financial plan in that you know we spend years crafting, you know, the best plans that we […]

Michael Carlin This is Michael Carlin President of Henry+Horne Wealth Management with your Manage the Funds Podcast. Today we’re going to be talking about Millennials everything about millennials. We have to understand them as a class of people. We have to understand what they’re doing economically financially because we’re trying to figure out ultimately where […]

It is an old question, but an expectation we set that if you have more money you would be more satisfied with life. People have this assumption because they afford to do whatever they want and that automatically creates happiness. That doesn’t necessarily make someone happy who has a million dollars. What makes people happy […]