Blog

Why Financial Advisors Are Still Important

by Loyd Stegent on Jan 31, 2019

With the rise in popularity of financial planning robo-advisors, many experts predicted the beginning of the end for financial advisors. But as many investors are starting to see, there are distinct advantages to speaking with a live person when determining just how you should invest your money.

While robo-advisors can be a good solution for those with limited funds who want to get their feet wet in the investment arena, the problem is the lack of a personal relationship can prove to be detrimental.

Financial Management Tips

by Loyd Stegent on Dec 31, 2018

There are a variety of financial management tools and applications available today that can be used to help you manage your money. From software applications to phone apps, there’s no shortage of help available.

Unfortunately, those apps and software programs can only do what you set them up to do. And all the apps and software products in the world will make no difference in your financial situation if you don’t do the following:

How to Create and Maintain a Budget

by Loyd Stegent on Oct 31, 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.  

Time to Break That Shopping Habit!

by Loyd Stegent on Aug 31, 2018

It seems like we’ve been conditioned to shop since birth.  While an occasional splurge is nothing to get worked up about, we’ve become incredibly wasteful in the process.  Landfills from coast to coast are full of our discarded belongings such as furniture, equipment, appliances, and electronic items like computers and cellphones.  We no longer repair an item, we simply replace it. Some of our spending habits can certainly be tied to the incessant marketing and advertising that target consumers on a daily basis.

The Easiest Investment System Ever

by Loyd Stegent on Mar 12, 2018

The stock market has had a bumpy ride the first few months of 2018. If the ups and downs have left you feeling uneasy, you are not alone. It is a natural reaction to feel confident when the market is up and ready to run for the hills when it is down. However, more times than not, our emotions can betray us when it comes to investing, leading us to sell low and buying high; the exact opposite of what an investor has been taught to do. The good news is you can use these conflicting feelings to work for you by flipping the script and acting in the opposite manor that you are inclined to.

Financial Planning for Newlyweds

by Loyd Stegent on Jan 31, 2018

Congratulations Newlyweds! Your fresh union symbolizes a new beginning facing the world. But before the glow of wedded bliss wears, it’s crucial to talk about finances. Let’s be straight, financial talks should be had well before the ring, but did you know that “68 percent of engaged couples surveyed held a negative attitude about discussing money with their fiancé.1

That’s a staggering percentage of couples who are afraid to have ‘the talk’. Below are a few tips and areas to consider if you’re in a serious relationship, newly engaged or if you’ve tied the knot!