Five Steps Toward Becoming a Millionaire Step 1: Investing We have to start with the tried and true statement of ‘save early and consistently’. It’s so easy to fall into the thoughts of ‘retirement is so far away’ and ‘I have lots of time’. It may not seem as though in your 20s and 30s …
Avoid These Five Common Financial Mistakes Making wise financial decisions is crucial for a secure and stable future. Unfortunately, many people fall into common financial traps that can hinder their progress and lead to unnecessary stress. In this article, we will discuss five common financial mistakes and provide practical tips to help you avoid them. …
Find Your Long Lost Money… Find your long lost money….. Ever wonder where that $100 you put into a credit union ten years ago went? Or where that credit you had when you stopped seeing that chiropractor went? Did you know that each state has an unclaimed property program that requires businesses, banks, and …
How insurance companies come up with your premium Have you ever wondered how your homeowners or automobile insurance company comes up with how much to charge you? They use your CLUE report. What is a CLUE report? CLUE actually stands for Comprehensive Loss Underwriting Exchange. It’s a report that summarizes a person’s seven year insurance …
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What to do if you need health insurance Could you image if you needed a life saving surgery that cost $500,000 and you didn’t have health insurance? Where would you get that money from? Most employers provide health insurance and employers that have over 50 full-time employees are required to provide a health insurance plan …
How to Get Your Annual Free Credit Reports Summary: According to the Federal Trade Commission a credit report is a summary of your personal credit history that includes payment history, loans, lines of credit, bankruptcies, collections, credit score, etc. Federal law gives each person access to a free credit report from each of the three …
Let’s Talk Inflation Introduction: Inflation. Everyone is talking about it. What does it mean to you? Since fall of last year our country has experienced its highest level of ongoing inflation in 40 years. As of June 2022 inflation over the last 12 months is at 12.4% for Anchorage. The Federal Reserve has taken steps …
Financial Advisor vs Financial Planner What is a Financial Advisor? This term is a catch all for a professional who helps manage your money or investments. The term includes financial planners and also stockbrokers, insurance agents, money mangers, hedge fund mangers, bankers, and more. A Financial Advisor must hold a FINRA Series 65 license which, …