Financial Planning
The Pros and Cons of Investing in High-End Watches
Luxury watches have long been a status symbol, but in recent years, they’ve also become a popular investment. While some collectors have made impressive returns, smart investing takes patience, research, and a clear strategy. Let’s look at some of the pros and cons of investing in watches. Pro: Strong Potential for Value Growth Luxury watches…
Read MoreHow Do ETFs Work?
Exchange-Traded Funds (ETFs) can offer a great mix of diversification, flexibility, and cost efficiency. Used by both institutional and individual investors, they have become a staple in portfolios, blending the best aspects of stocks and mutual funds to create a powerful investment vehicle. But what exactly are ETFs, and how do they work? 1. ETFs…
Read MoreLessons in Buyer’s Remorse
We’ve all been there—you make a purchase, and then, almost immediately, doubt starts creeping in. Maybe you spent more than you intended, or perhaps the item doesn’t live up to your expectations. That sinking feeling? It’s called buyer’s remorse, and there are a variety of reasons why we experience it: The truth is, buyer’s remorse…
Read MoreTeach Children About Money
Most parents can relate to the challenges of teaching their children about money—whether it’s explaining the difference between wants and needs, encouraging them to save, or helping them understand the value of a dollar. Learning about money doesn’t have to be complicated or fraught with conflict. Some of the best financial lessons come from everyday…
Read MoreStrategy Financial Group Expands to Peoria, Arizona
Strategy Financial Group, a premier financial planning firm dedicated to helping individuals and families achieve financial confidence in retirement, is pleased to announce the opening of its newest office in Peoria, Arizona. Coinciding with the firm’s 15-year anniversary, this expansion enhances Strategy Financial Group’s ability to provide personalized financial guidance to residents in the West…
Read MoreDefining Your Money Values
Understanding your money values helps to ensure that your financial decisions align with what matters most to you and your family. These values serve as a foundation for making consistent, purpose-driven choices, while reducing financial stress and potential arguments. For instance, prioritizing education might mean setting aside funds for college rather than opting for an…
Read More5 Financial Misconceptions About Retirement
Planning for retirement is often seen as a straightforward task, but misconceptions can undermine even the best intentions. These myths, if left unchecked, can result in financial shortfalls or a less enjoyable retirement. Let’s explore five common misconceptions and how to avoid them. 1. “I’ll Spend Less in Retirement” Many people believe their expenses will…
Read MoreWhen Adult Children Move Back Home
The rising trend of adult children moving back in with their parents—often called “boomerang children”—is reshaping family life and financial dynamics. Driven by high housing costs, inflation, and mounting student debt, this arrangement can provide a much-needed safety net for the child, but it can also create challenges for the household. The following tips can…
Read MoreDon’t Let Comfort Cost You: Status Quo Bias
Many of us are naturally inclined to resist change, especially when it comes to our finances. This tendency is known as status quo bias, where we prefer things to stay the same, even if changing our approach might lead to better outcomes. Whether it’s holding onto underperforming investments, sticking with outdated financial strategies, or avoiding…
Read MoreWhat’s Your Financial “Why” for the New Year?
With wealth comes an expansive list of financial opportunities: paying down debt, upgrading homes, maximizing retirement savings, or supporting future generations. The real question isn’t what’s possible, but what’s most important. This is where clarity and intentionality come into play. Financial planning, done properly, helps you make choices in alignment with your values. Establishing the…
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