Planning Priorities: Taking Advantage of Your Employer’s 401(k) Plan
Scott Brown, CFS®, Senior Consultant, Retirement Services, explains how your employer-sponsored 401(k) is truly a benefit you should take advantage of for retirement.
What are some tips for managing my money?
As with virtually all financial matters, the easiest way to be successful with a cash management program is to develop a systematic and disciplined approach. Spending a few minutes each week to maintain your cash management program, can help you to keep track of how you spend your money and pursue your financial goals. Any…
How can I correct errors on my credit report?
If an error appears on your credit report, you should contact the credit bureau and request a reinvestigation of the disputed information. If the error is not removed, you have the right to add a 100-word consumer statement to your credit bureau file to explain your side of the story. The three major credit reporting…
What information is on my credit report?
Your credit report contains information about your past and present credit transactions. It’s used primarily by potential lenders to evaluate your creditworthiness. So if you’re about to apply for credit, especially for something significant like a mortgage, you’ll want to get and review a copy of your credit report. You Can See What They See:…
In the News: Being Present When You Are Financial Planning
In today’s Marietta Daily Journal, Bil Lako, CFP®, explains why it is important for both spouses to develop a fundamental understanding of your finances should something happen to the other spouse.
Should I close credit accounts with zero balances or leave them open?
It’s a good idea to close redundant or unused accounts you do not consider necessary. Here are a few reasons why: If credit is easily available, you may be tempted to use it. Any impulsive purchases could quickly mount up and result in serious debt problems. Open accounts may be used fraudulently if your account…
Being Present With Your Financial Plan
This week on Troy Harmon, CFA, CVA, is joined by Managing Associate Shawna Theriault, CFP®, CPA, CDFA®, and Associate Michael Griffin, CFP®, who bring a discussion on the importance of both spouses being involved in the financial planning process, and how important it is for both spouses to plan for retirement should something happen to the other.
Have You Made Any of These Financial Mistakes?
Your 20s 1. Living beyond your means. It’s tempting to splurge on gadgets, entertainment, and travel, but if you can’t pay for most of your wants up front, then you need to rein in your lifestyle, especially if you have student loans to repay. 2. Not paying yourself first. Save a portion of every paycheck first…
Meet the Experts: Jennifer J. Thomas, CFP®
Henssler Principal and Senior Managing Associate Jennifer J. Thomas, CFP®, explains how Henssler Financial enables our clients to Live Ready for the direction life takes them.
How Can I lower the interest rate on my credit card?
One way is to call your existing lender and try to negotiate a lower rate. Often, the threat of losing a customer and the associated income from your finance charges can inspire a card company to accept a lower interest rate and keep the relationship. Negotiation is most effective if you have a stable payment…