Financial Wellness

In this month’s recap: Stocks posted solid gains due to improving economic conditions and widening vaccination programs. However, tech and high-growth stocks played a limited role in the rally.

Monthly Economic Update
 

Presented by First Option Financial Services, April 2021

 

U.S. Markets

Improved economic conditions and broadened vaccine programs ignited a...

Many people consider homeownership to be an important goal. However, since buying a home can be one of the most expensive decisions you’ll ever make, it’s important to prepare yourself before you dive into the process.

Take this lesson to learn more about:

How to choose between buying and renting Understanding and calculating initial and ongoing costs Determining your financial preparedness for homeownership

 

Learn More: https://bit.ly/3qNH5K4

What does it mean to be creditworthy?

Your credit score may seem like a random number, but it provides financial institutions and other companies with a snapshot of how “creditworthy” you are, which can have a big impact on your life. Understanding how credit scores and reports work can help you achieve financial goals such as buying a home, leasing a car, or paying off debt. 

You’re in luck! Our short 5-minute lessons include information about:

The...

In this month’s recap: The burgeoning economic recovery and decreasing number of COVID-19 infections lifted stocks.

Monthly Economic Update
 

Presented by First Option Financial Services, March 2021

 

U.S. Markets

Stocks notched a solid gain in February thanks to growing optimism surrounding the economic recovery and decreasing number of COVID-19 infections.

The Dow Jones Industrial...

It's America Saves week - and we're looking at a taboo topic: talking about money as a family.

Do you want to instill a positive mindset around saving in your kids? Start them young! The earlier you have a positive mindset around saving, the easier it is to save successfully as an adult.

Have older kids? Don't worry! It's never too late to start. Start with the small things they can do around the house that will contribute to saving as a family.  Read More

It's America Saves Week and our friends at America Saves firmly believe that paying down debit is saving and so do we!

By reducing debt you're saving on interest, late fees, and maintaining/increasing your credit score.

Read More on how with planning and support almost anyone can reduce their debts and start to accumulate wealth through saving.

During America Saves week we're looking at tips on how to save for retirement.

Even if you're contributing to your 401K, TSP or IRA - have you asked yourself all the right questions to ensure you're saving ENOUGH for retirement?

What type of lifestyle do I want to live when I retire? Is what I'm contributing toward my retirement enough to support how I want to live in retirement? What is my complete retirement plan? Should I be saving enough for myself...

During America Saves Week we're taking a look at why you need an emergency fund.

Recently the Federal reserve noted that almost half of Americans don't have $400 cash available in an emergency fund. 

As our country continues to recover from the health and financial crisis, there are many other reasons to ensure that you save for the unexpected, both big and small.

Click Here to see all 38 reasons why you need at least $500 in Savings on...

During America Saves Week we're taking a look at "What's the Easiest Way To Save"?

The answer...Automatically!

Saving Automatically is the easiest and most effective way to save - especially over time. There are three basic strategies you can use, when saving automatically.

Split to Save: Instruct your employer to direct a certain amount from your paycheck and transfer it to a retirement or savings account. Y Auto-Transfer: Every payday, have your...

It’s important to make sure you’re prepared for unexpected situations that may arise in life. Learn more about how you can build a savings account dedicated to dealing with emergency circumstances, such as injuries, illnesses, or repairs for cars and appliances. This sequence will cover: What types of emergencies you might need to save for How to develop a savings strategy Resources to help you in your planning CLICK HERE To Learn More