Start Fixing Your Credit Score Today

by Jonathan Horst on Jan 1, 2019

Whether you like it or not, a good credit score is essential. Your credit score factors into everything from insurance rates, to whether you get the job you applied for. A good credit score is also needed to buy a house, obtain cell phone service, rent an apartment, and buy a car.

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Financial Management Tips

by Jonathan Horst on Dec 25, 2018

There are a variety of financial management tools and applications available today that can be used to help you manage your money. From software applications to phone apps, there’s no shortage of help available.

Unfortunately, those apps and software programs can only do what you set them up to do. And all the apps and software products in the world will make no difference in your financial situation if you don’t do the following:

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Donation Details

by Jonathan Horst on Dec 18, 2018

Donating money to our favorite charitable organization is a year-end ritual for many of us. While monthly giving has gained in popularity in recent years, most of us still tend to open up our wallets just a bit wider at the end of the year.

But what about the organization that we’re giving to? What are they required to do once they receive our donation?  If you’re unsure, here’s a quick run-down of what you should expect.

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Financial Designations

by Jonathan Horst on Dec 11, 2018

Have you ever wondered exactly what those initials after a financial professional’s name mean?  You’re definitely not alone. The easy way to tell is to visit the Financial Industry Regulatory Authority, which provides a list of professional designations and what they mean. Below, we’ve created a short list of some of the frequently used designations and what they mean.

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Finance Home Costs

by Jonathan Horst on Dec 4, 2018

There’s nothing more exciting than buying your first home. Whether it’s a condo for one, a sprawling mansion, or anything in between, buying your first home makes you feel like a true grown-up.

While you’ve probably already figured out exactly how much home you can afford, which is something your mortgage broker will communicate to you fairly quickly during the mortgage approval process, have you considered the cost of all of the other expenses associated with home ownership?

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5 Things to Teach Your Kids About Finances

by Jonathan Horst on Nov 27, 2018

If you’ve spent more than five minutes on a kid’s television network, you’ve seen just how inundated young kids are with commercials for everything from the latest gadget, to some dreadful snack that features something gooey and/or messy. It’s also safe to bet that many of these kids run to their parents, wanting to buy some or all of these items.

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It’s Never Too Late to Save

by Jonathan Horst on Nov 20, 2018

Retirement can sneak up on you.

At one time, it seemed like a lifetime away, now it may be just around the corner. At one time you planned on working forever, but now you can admit that the thought of retiring has its benefits.  Perhaps you’ve found yourself daydreaming about a little cabin on a lake, or a small home in the mountains. You may have even entertained the notion of becoming an expatriate and retiring overseas. While these daydreams can certainly be pleasant, you’re also facing the reality that at the age of 50, you’ve done little to save for retirement.

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What About Penny Stocks?

by Jonathan Horst on Nov 13, 2018

Stock buying can be risky, even if you’re purchasing the stock of a reputable, established company. While market dips are fairly typical with any stock, most established companies can rebound nicely from any unexpected drop in the market.

So, what about penny stocks? Is there really an opportunity to make a lot of money on stocks that typically trade below $5 per share?

The answer is maybe.

Here are some of the benefits and drawbacks to investing in penny stocks:

Advantages:

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