Financial Planning
Traditional Vs. Robo-Advisor
Technology is changing how we go about life in many ways. Investors are now faced with the decision between DIY options (sometimes called Robo-Advisors) and a traditional financial advisor like me and the other advisors at Strategy Financial Group. Can automated advisors replace financial experts? Here are some of my thoughts. Robo-advisors have gained popularity…
Read MoreTips for Making the Most of Your Inheritance
Baby boomers in the U.S. are set to bequeath $68 trillion in wealth by 2043, as part of the Great Wealth Transfer. Much of that will be left to Generation X and millennial heirs. If you expect to receive an inheritance, planning ahead for how you will use the wealth and account for any taxes…
Read MoreHow Does Dollar-Cost Averaging Work?
When you’re in a traffic jam on the highway, you may find yourself trying to merge into whichever lane is moving fastest at the moment, only to find yourself falling behind drivers that stayed in one lane the whole time. In the same way, you may feel the urge to time the stock market, attempting…
Read MoreWhat makes Strategy Financial Group different?
We are often asked, “What makes you different?” The question isn’t always that direct; it can come in a variety of forms, but we get some iteration of that inquiry often. In this video, we are going to answer that question.
Read MorePreparing Teens for Financial Adulthood
Learning how to properly manage money is a crucial life skill that can take years to develop. For teens who may be earning an income for the first time, there can be a steep learning curve when it comes to financial literacy, but laying the foundation for this education early can help establish healthy financial…
Read MoreWomen and Wealth: Taking Charge of Your Finances
When it comes to financial planning, women are likely to face different challenges than men. For one, they earn less than men on average, and they’re more likely to work part-time jobs or take time away from their careers to raise children and care for family. Time off and lower lifetime income means women face…
Read MoreLife Insurance Isn’t One Size Fits All
How to compare plans based on your specific needs The basic premise behind life insurance is simple: You pay premiums to an insurance company, which then pays your beneficiaries a certain amount after you die. But not all life insurance policies are alike. In fact, the right policy for one person may be precisely the…
Read MorePreparing for the 2021 Tax Season
How a financial advisor can help you manage your taxes this year. Reducing your tax burden can help you manage your wealth and free up money to meet your financial goals and build your legacy. But tax rules are complicated, and you may need help understanding all the methods you can use to minimize your…
Read MoreTax Tips for Charitable Donations
Charitable giving is a great way to support the causes you care about while also getting a tax break. In 2020, Congress passed the Coronavirus Aid Relief and Economic Security (CARES) Act, which incentivized charitable giving by offering new rules for charitable deductions. As we are now in the new year, it’s time to make…
Read More4 Smart Money Moves for 2021
With the new year here, it’s a great time to take stock of your personal finances. From building a budget and saving for retirement, to getting a jump on this year’s taxes, here are some of the smart money moves to consider to help brighten your financial life in the new year. Build A Budget…
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