Simplicity Digital Advisor
It’s Back to School Time! Is Your Wallet Ready?
Back to school time is quickly approaching, and you may be dreading the hit to your wallet back-to-school shopping can cause. Paying for supplies like a new backpack and pencils, the back-to-school photo package, or fees for extracurricular activities can create an extra expense. But, creating a budget ahead of back-to-school time can help alleviate your stress. Here are a few ways to save money this back to school season:
Is the U.S. Economy Recovering?
Since the beginning of 2021, signs of the U.S. economy recovering have started to appear. Americans are actively spending in specific sectors and some industries are faring well—while others are lagging. This contradiction illustrates a mismatched economic recovery:
Financial Wellness- What is it?
Financial wellness means creating a healthy economic life for yourself and feeling good about your financial situation. It is also an essential part of taking care of yourself and those around you.
Charitable Giving Through Life Insurance
Charitable giving through the passing assets today and after your death is a process that requires correct planning and execution. Legacy planning should always be a team effort involving an attorney, tax specialist, and financial professional.
Three Types of Wealth You Can’t Measure in Dollars and Cents
For most of us, when thinking of wealth, we think about having lots of money, a big piece of land, material things, or multiple real-estate properties that may increase its value. All of these can lead to the accumulation of wealth you can’t measure.
It’s Time for Your Mid-Year Tax Review!
Tax season may be long forgotten for some Americans as the tax-filing deadline has come and gone for 2021. Even if you filed on time, a mid-year tax review is a great time to evaluate your current tax situation to help avoid any tax-related surprises next spring.
Need to Roll Over Your 401(k)? Consider a Fixed-Indexed Annuity
When you leave your employer, you also discontinue contributing to your 401(k) or receiving your employer’s match. You may be going on to another employer or possibly retiring. Either way, you may want to consider a fixed-indexed annuity when rolling over your 401(k) to avoid the following:
Why Does Gross Domestic Product (GDP) Matter?
When looking to protect your financial future in today’s COVID-19 environment, it’s essential to understand how the economy functions on a historical basis as it relates to the country’s GDP (Gross Domestic Product) and the stock market.
U.S. Unemployment: Problems for the Economy?
The U.S. unemployment rate is the percentage of unemployed workers in the total labor force and indicates the health of the U.S. economy. COVID-19 has significantly impacted unemployment to record numbers not previously seen since the government began tracking the data in 1939. COVID-19 has surpassed The Great Depression in the amount of unemployed and the economic fallout to businesses and workers.
Restarting the U.S. Economy: What is The Fed Doing?
When the U.S. economy is stagnant, the U.S. Government uses fiscal and monetary tools to stimulate the U.S. economy. However, with our economy facing multiple problems, that may not be an ‘easy fix’ in comparison to past recessions. COVID-19, social unrest, permanent business closings, and an upside-down GDP may prove to be difficult problems to overcome in the near term.
