Demystifying Your Credit Score

These three little numbers can mean getting the best interest rates on loans, credit cards, insurance, buying a car or house, or even landing a job. The higher your score, the lower rates you’ll enjoy, and vice versa. But if you have questions about how your credit score is determined, or why you have more than one, you’re not alone. Here are answers to some common questions.
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Ask the Advisor: Rules of Thumb to Save for Your Future

By Aaron Handfield

About the Advisor

Aaron Handfield has more than 14 years of insurance and financial planning experience, including four years of financial planning at JP Morgan and Edward Jones Investments. He is a registered and licensed investment and retirement planning professional and is registered to sell securities. He also holds a California Life/Health Insurance License.

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Ask The Advisor: Stay On Track With Your Investing Plan

By Monica Chandra, CFP ®, Financial Advisor

Monica is a Certified Financial Planner ™ and advises Members at our Santa Ana branch.

The stock market can rise and fall on world events. Bad news can send it plunging as investors panic and sell off their investments, while good news keeps them active in the market. Sometimes referred to as a roller coaster, the market can be a ride many are nervous taking, particularly when it goes south. But common sense says you wouldn’t jump off a ride midway through, no matter how scary the dips. That could be disastrous. Still, weathering volatility can be an extremely emotional journey for many.

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Five Tips to Get Out of Debt in the New Decade

Content Provided Courtesy of Greenpath Financial Wellness

If you made a New Year’s Resolution to get out of debt, today’s a big day. By mid-January, most resolutions have fizzled.

But — YOU can say, NOT TODAY. If you feel yourself slipping, take a minute for a pep talk, remind yourself that you can do this, and check out our post on goals that stick. Retool that resolution, and get back on the bandwagon, friend. Continue reading

California’s New Consumer Privacy Act: Know Your Rights

The majority of Americans are growing more concerned about how companies and the government collect and use their personal information, according to a recent survey by Pew Research Center. Eight in 10 consumers believe that the potential risks of data collection overshadow any potential benefits.

This sentiment is not surprising, given the data breaches that have occurred over the last few years. To increase individuals’ privacy rights, legislators passed the California Consumer Privacy Act bill (CCPA) in 2018. The law became effective Jan. 1, although enforcement begins July 1, 2020. This will give companies adequate time to comply with CCPA requirements. It’s likely that other states will follow California’s lead with their own privacy laws in the near future. Continue reading