September 9, 2024
Inflation has been one of the most significant financial challenges in recent years. While it has cooled from its peak, it remains a key factor that affects long-term financial planning. Understanding inflation and how to mitigate its effects can help ensure that your financial goals remain on track.
September 3, 2024
Navigating Health Insurance as a Self-Employed Professional: What You Need to Know
As a self-employed professional, securing the right health insurance can be one of the most challenging aspects of managing your finances. Without the safety net of an employer-provided plan, navigating the complexities of health insurance is essential to protect both your health and your financial well-being. This is especially true for REALTORS® and other entrepreneurs who often face fluctuating incomes and unique financial circumstances. In this guide, we’ll walk you through your options, help you make informed decisions, and show you how to take advantage of tax benefits available to the self-employed.
August 26, 2024
3 Financial Planning Misconceptions for Top Producing Realtors
As a top-producing Realtor, your time is precious, and every decision impacts your financial well-being. Navigating the intricacies of wealth management, taxes, and retirement planning while managing your real estate business can be overwhelming. Unfortunately, common misconceptions about financial planning can leave you vulnerable to financial pitfalls. In this article, we'll dispel three critical financial planning myths that could derail your long-term financial success. If you're a Realtor looking to build a solid financial foundation, understanding these misconceptions is essential.
August 19, 2024
Taking Radical Ownership of Your Life and Finances
Owning your own business allows you to take control of your time, money, and life.Taking radical ownership of your life and finances is one of the most empowering decisions you can make, especially as a real estate agent or self-employed professional. It’s about recognizing that you are in control, taking responsibility for your choices, and making proactive changes to achieve your goals. In this article, we'll explore what radical ownership means in the context of your finances, how to view your tools as support (not saviors), the importance of time blocking, and how you may need to change your lifestyle to stay on track.
August 5, 2024
How Elections Impact Stock Markets: Insights for Investors
As a financial advisor who believes in a long-term, buy-and-hold strategy for clients, understanding how elections influence the stock market is essential. Elections can stir market volatility, yet history suggests a more measured perspective for the astute investor. Let’s dive into the dynamics of how elections impact the stock market, supported by historical data and expert insights.
July 22, 2024
How to Budget with Commission or Fluctuating Income Sources
Budgeting with a fluctuating income, such as commission-based earnings, can be challenging but entirely manageable with the right strategies. Unlike salaried workers, those with variable incomes need to navigate financial planning with extra caution and foresight. Below, we'll explore essential tips to help you create a reliable budget and maintain financial stability.