by Daniel Shahwan | Dec 28, 2023 | Wealth Management
Good credit scores are beneficial for securing loans and mortgages with the lowest possible interest rates. This three-digit number reflects your trustworthiness to lenders based on various factors in your history. Since the credit scoring system protects both you and...
by Daniel Shahwan | Dec 22, 2023 | Wealth Management
The mindset of proper budgeting isn’t about magically avoiding debt, but it’s about responsible money management and discipline. Similarly, budgeting is not a sign of defeat nor shame, but it’s a preventative measure against financial distress. The crucial step toward...
by Daniel Shahwan | Nov 10, 2023 | Wealth Management
While often overlooked, long-term care planning can be among the most crucial elements of a comprehensive financial plan. Exploring the various types of long-term care with a financial planner helps create informed decisions that align with unique needs and...
by Daniel Shahwan | Sep 19, 2023 | Wealth Management
The idealized world where sudden expenses don’t lead to financial ruin exists, and it’s called the emergency fund. Having an emergency fund is prudently preparing for unexpected events and the loss of income. Financial confidence starts with a straightforward...
by AJ Franklin | Jul 28, 2023 | Wealth Management
Personal debt is used in economics to relay the outstanding debt of consumers. Personal debt is primarily amassed through consumption and not investment. In the United States, the average amount of debt per U.S. adult amounted to $58,604 in 2023. The total personal...
by Daniel Shahwan | Apr 5, 2023 | Wealth Management
Gross domestic product (GDP) is the market value of all finished goods and services produced in a country. As a widely accepted comprehensive economic evaluation measure, economists consider it one of the most accurate representations of economic performance....