Ask the Advisor: What Can I Do About Inflation?

By Jeremey Hill CRPC®, RICP®

Jeremey enjoys helping Members develop, improve or complement their financial plan.                               

According to the government’s Consumer Price Index, inflation is at its highest rate in 30 years. Since last year, October prices have risen by 6.2%. Consumers are feeling the pinch everywhere they turn – from gas prices to groceries to electronics – which means they may have to hold off on buying certain items until things improve.

Continue reading

What You Should Know About Personal Loans

When you need extra cash to pay for a home remodeling project or other major expense, a personal loan can be a low cost solution. You can use a personal loan to pay for almost anything.  All you have to do to be approved is meet minimum income and credit standards set by the lender.

Despite their flexibility, personal loans aren’t right for every situation. Before you complete an application, consider the pros and cons.

Continue reading

How to Find the Right Credit Card for You

If you’re shopping around for a credit card, you’ve probably noticed that there are plenty of options on the market today. Low-interest, balance transfer, rewards, cash back, airline- and hotel-specific cards, retail cards, student cards, business cards … the list is endless. So how do you find the credit card that’s right for you?

Girls Shopping on Laptop

Continue reading

Beware of Fast Cash

Reprinted Courtesy of “It’s a Money Thing

Predatory Lending

Like local car dealerships and personal injury law firms, short-term and payday lenders tend to have the most annoying commercials on TV. They’re often tacky and annoying, and tend to air during daytime talk shows or very late at night. Their promises of “fast cash!”, “guaranteed approval!” and no “credit check required!” are enough to make you change the channel—and yet, if you ever find yourself in a situation where you need to get your hands on some extra money fast, those commercials might start making sense to you.

Continue reading

Create a Financial Strategy for Budgeting and Saving

By Lynnette Khalfani-Cox, The Money Coach®

If budgeting and saving money seem like difficult tasks to conquer, perhaps the issue is that you’ve not yet created a financial strategy for achieving these goals. Here are some ideas to  improve your savings, and make you a better budgeter, by creating a financial strategy that works for your lifestyle.

Continue reading

Best Ways to Send Money Internationally

When sending money from the U.S. to friends or family abroad, your first thought might be to rush to the bank. But banks’ average fees for international money transfers are around $43, and their foreign exchange rates and delivery speeds aren’t the best.

Here are details on some of the top providers to consider for sending international money transfers.

Continue reading