Updates

Timely insights on the financial issues or events that matter most to you.

Financial Habits Teachers Should Have

Financial habits are very important to adopt for people in any line of work. However, teachers should pay close attention to their financial habits to help better their future. It can be difficult to get promotions and pay increases as a teacher due to limited upper-level positions. So, it is important for teachers to work […]

Investments to Consider as an Athlete

Professional athletes tend to have shorter careers than most other professions. This is because their bodies have to be able to perform properly. With that being said, in most professional sports, the average retirement age of athletes is 33.1 This is far too early to start receiving retirement benefits offered by sports leagues. So, for […]

Steps for Teachers to Improve Their Finances During School Closings

Staying on top of finances can be challenging when you work a full-time job. It can be even more challenging when you have kids of your own or a home to manage. As teachers are working from home because of school closings due to COVID-19, is it the perfect opportunity to improve their finances. From […]

5 Reasons Teachers Should Consider a Roth IRA

Preparing for retirement is always a smart financial decision no matter your career or age. The earlier you start to put money aside for your future, the more prepared you will be when you are ready to retire from your career. Thankfully, in the state of New York, teachers generally receive over $45,000 per year […]

Investments to Make Before Retiring as a Teacher

Despite loving teaching the next generation new skills and wisdom, every teacher reaches a point where they are ready to retire. Many teachers are eligible for a pension above $45,000 per year1 in the state of New York. Some teachers are also able to invest in defined-contribution retirement plans such as 403(b) and 457(b). Unfortunately, […]

Common Mistakes Made After Getting a Raise

With many companies, employees can expect getting a raise after a period of time or after hitting certain milestones at their job. This is a very exciting time, as this generally means they will be getting paid more money each year. With this increase in salary or wage, it is up to the employee to […]

How Many Banks Accounts You Should Have

There is a common belief that in order to be financially successful, you must have several bank accounts. While this can be true, it is not a necessity. Having too many bank accounts can make it difficult to manage your money and it can become overly complicated to track your spending. So, we have cut […]

Steps To Take Before Starting Your Own Business

Do you have an entrepreneurial mindset and are ready to start a business of your own? It is easy to get excited and dive right into the nitty gritty of starting a business, but there are some financial steps you should take before. When starting your own business, you must be cautious to ensure you […]

5 Financial Goals for Millennials

Finances for millennials can be much more confusing than it is for other generations. Being one of the first generations to embrace technology, gather student loan debt, and to prefer renting over buying, there are many ways millennials spend their money differently. This does not have to be a bad thing as long as you […]

5 Ways to Save Money on Your Vacation

We all know taking vacations can be very expensive. On average, Americans spend about 10% of their income1 on taking vacations and traveling. Taking time off work to travel and see the world does not have to cost you this much, as there are very easy ways to make your trips less expensive like the […]