How to Create and Maintain a Budget

by Tim Estes on Nov 28, 2018

Whether you’re earning a six-figure salary or just out of college, creating and maintaining a budget is a must. Having a budget that you actually use can help keep spending under control, bolster your savings account, adequately plan for retirement, and keep debt at a manageable level. 

Creating the budget is actually the easy part. But how do you create a budget that you’ll actually use? One of the keys is your mindset. Stop looking at a budget as a negative and look at it as the way to reach your financial goals.  

Read More

It’s Never Too Late to Save

by Tim Estes on Nov 21, 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.

Read More

What About Penny Stocks?

by Tim Estes on Nov 14, 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:

Read More

House Buying Tips

by Tim Estes on Oct 31, 2018

Buying a house is one of the biggest, if not the biggest purchase you’ll make in your lifetime. Here are some tips and tricks for ensuring that the entire process is as stress-free as possible. 

Read More

Things You Should Know About Social Security and Your Retirement

by Tim Estes on Oct 17, 2018

With more than 95% of American workers currently covered by Social Security, there are some things about this massive retirement program that you should probably know.  If you’re still in your forties or fifties, you can probably wait a few years to learn the intricacies of Social Security, but if you’ve recently entered your 6th decade on this planet, here are a few things you should be aware of:

Read More

2018 Tax Changes You Need to Know

by Tim Estes on Sep 26, 2018

As we draw closer to the last quarter of 2018, Americans are starting to think more about the changes to the U.S. tax code. Though the tax code has been tweaked in recent years, it’s been 27 years since the last major revision that took place under President Reagan. Whether you plan on doing your own taxes, or will be consulting with a CPA or other tax professional, take some time to familiarize yourself with the multiple changes that will take effect in 2019 for the 2018 tax year:

Read More