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5 Financial Advisor Hacks: A Cheat Sheet for People Saving For Retirement!

May 25 2021

The post 5 Financial Advisor Hacks: A Cheat Sheet for People Saving For Retirement! appeared first on Yardley Wealth Management, LLC.

5 Financial Advisor Hacks: A Cheat Sheet for People Saving For Retirement!

By Michael J. Garry, Founder/CEO
Yardley Wealth Management

Don’t Get Distracted

The 24-hour news cycle can be a bit insane these days, especially in 2020 when the pandemic dominated the news and murder hornets were on the way. Many crazy things happen from day-to-day, but bad financial mistakes can be made when we are preoccupied. Keep your mind on the things in life you have control …

The 5 Elements All Successful Businesses Have In Common

May 03 2021

The 5 Elements All Successful Businesses Have In Common

Sometimes it seems like building a successful small business is like making a wish on a shooting star or finding the pot of gold at the end of a rainbow.

The statistics for a long-term “open” sign aren’t too appealing. According to the Bureau of Labor Statistics, approximately 20% of small businesses fail within the first year. Even more alarming, by the end of the second year, it’s 30% before skyrocketing to 70% by the end of year ten!

Keep in mind that in business (as in life), nothing is guaranteed.

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Getting an Education in Finance In or Outside of School

Apr 27 2021

Students in U.S. schools already had uneven access to financial education before the pandemic began last year. The fact that many school systems ended in-person learning in favor on virtual school threatened to make it even more difficult for students to get a handle on financial planning in academic setting but some schools found ways to adapt.

CNBC.com discusses this in “The pandemic has upended personal finance education in schools.” While one teacher they interviewed was unable to have the financial expert who usually comes in to help teach finance classes be there in person, another found it …

Enhanced Child Tax Credit for 2021

Apr 24 2021

The American Rescue Plan Act of 2021 (ARPA) ushered in several tax changes that we highlighted in this post last month. One of those tax changes involves the Enhanced Child Tax Credit. If you have qualifying children under the age of 18, you may be able to claim a child tax credit (You may also be able to claim a partial credit for certain other dependents who are not qualifying children.) The American Rescue Plan Act of 2021 makes substantial and temporary improvements to the child tax credit for 2021, which may increase the amount you might receive.

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Guidelines for an Emergency Fund

Apr 20 2021

Perhaps you had to tap into your emergency fund during the past year or so. Or maybe the uncertainty surrounding the pandemic has you thinking that it is time to start an emergency fund. Real Simple offers “5 Rules for an Emergency Fund That Will See You Through (Almost) Anything.”

You might wonder why you even need “rules” for an emergency find but guidelines can help you as you try to save enough to keep you afloat should you need it.

The conventional advice from financial experts is that your emergency fund should cover 3 to 6 months …

Unbiased financial advice from fee-only financial planners

5 Financial Advisor Hacks: A Cheat Sheet for People Saving For Retirement!

Don’t Get Distracted

The 5 Elements All Successful Businesses Have In Common

Ages of