Keeping your Personal Finances in ShapeSubmitted by Gentry Financial Services on November 26th, 2019
While it’s highly recommended that we use a financial advisor when we start to grow our investment portfolio, there are a lot of things you can do before you ever speak to a financial advisor to grow and maintain your investment portfolio. Investing, like everything else in life, has no guarantees, and even the hottest stock or the best tip may not always perform the way we would like.
Top 5 Financial Terms You Should UnderstandSubmitted by Gentry Financial Services on November 26th, 2019
In recent weeks, you may have heard the word recession a lot. You may even have a vague understanding of what a recession is, but would like a better understanding of what a recession really is. What the Dow Jones Industrial Average? You probably hear that every night on the news and you know that it has something to do with the stock market, but aren't sure of the details.
AICPA Highlights 6 Recent Personal Finance TrendsSubmitted by Gentry Financial Services on October 8th, 2019
The American Institute of CPA’s (AICPA) recently published a list of personal finance trends that we should all be concerned about. These trends highlight the fact that almost 63 percent of Americans today are unable to pass a basic financial literacy test.
Here are the troubling trends, as well as some tips on how to avoid them:
Avoiding Bad Financial DecisionsSubmitted by Gentry Financial Services on October 8th, 2019
Managing finances properly is mainly common sense. While we’ve all made financial mistakes, most of those mistakes are easily rectified, particularly when promptly corrected. However, there are some financial decisions that can be much harder to recover from. Here are just a few of them:
Why Should I Think About Retirement Planning?Submitted by Gentry Financial Services on October 8th, 2019
If you’ve only just begun your career and are starting to collect a decent paycheck, the last thing on your mind is probably retirement planning. When you’re in your twenties and thirties, retirement can feel light years away, but it will get here much quicker than you can imagine. And when it does, you’ll want to be prepared.
Video: 3 Money Management Principles for ChildrenSubmitted by Gentry Financial Services on October 8th, 2019
*This content is developed from sources believed to be providing accurate information. The information provided is not written or intended as tax or legal advice and may not be relied on for purposes of avoiding any Federal tax penalties.
Finding the Right Financial AdvisorSubmitted by Gentry Financial Services on October 8th, 2019
If you’re ready to start saving towards your financial goals, you may want to consider hiring a financial advisor to guide you through the maze. While robo-advisors are also available to help you with your savings goals, they are best suited for those just starting out or for those with limited funds to invest.
Why Financial Literacy is ImportantSubmitted by Gentry Financial Services on October 8th, 2019
Being financially literate in today’s economic climate is more important than ever. Understanding finances can help you make better money management decisions, budget your money properly, adequately save for college, and be financially prepared for retirement. While it may sound daunting, financial literacy starts with a budget.
Suggestions for Long-Term Financial HealthSubmitted by Gentry Financial Services on October 8th, 2019
Sometimes simple is best. Many of us tend to complicate our financial situation; overthinking our options while ignoring the basics.
But like anything else, the simplest rules are often the most important ones; and the ones most likely to be ignored. How many of these rules do you follow?
Investing 101Submitted by Gentry Financial Services on May 21st, 2019
If you’re new to investing, some of the information on the Internet can be downright confusing. While investing itself is fairly straightforward, many people find themselves shying away from the entire process because they simply don’t understand the terminology, which can be somewhat overwhelming.
Top 15 Money Management Tips
We all have our own unique relationship with money. We certainly have our own unique way of both spending and saving money.