by Corey Franco on Nov 2, 2018
by Corey Franco on Nov 2, 2018
by Corey Franco on Oct 2, 2018
by Corey Franco on Sep 2, 2018
It seems like we’ve been conditioned to shop since birth. While an occasional splurge is nothing to get worked up about, we’ve become incredibly wasteful in the process. Landfills from coast to coast are full of our discarded belongings such as furniture, equipment, appliances, and electronic items like computers and cellphones. We no longer repair an item, we simply replace it. Some of our spending habits can certainly be tied to the incessant marketing and advertising that target consumers on a daily basis.
by Corey Franco on Aug 2, 2018
by Corey Franco on Jul 2, 2018
There were 43 million renters in the U.S. in 2017, the highest number of renters in the last 50 years. Yet according to the Insurance Information Institute, only 37 percent of those currently renting have renters insurance, leaving 27.1 million renters without protection should catastrophe strike.
It’s important for renters to understand that while their landlord’s homeowner’s policy would cover structural damages to an apartment or home, it will not protect the renter’s personal belongings.
by Corey Franco on Jun 2, 2018
The rising popularity of robo-advisors has some in the industry wondering whether this is the beginning of the end for financial advisors.
In reality, robo-advisors have been able to do something that traditional financial advisors have not; get those with limited resources to begin creating a portfolio of investments.
by Corey Franco on May 2, 2018
In today’s world, good credit is a necessity. Today, our credit score affects much more than our ability to buy a house or finance a car. Our credit score can also affect our insurance premium, our ability to rent an apartment, and even our ability to get a job.
by Corey Franco on Apr 2, 2018
You’ve worked hard and after five years of disciplined savings, you’ve been approved for a 20 year $200,000 mortgage. It’s an exciting time and amongst the financial decisions ahead of you is determining if you should buy the bank-sponsored mortgage life insurance policy recommended by the loan officer.
Bank mortgage life insurance is not required but you both agree that if either of you dies, you want the survivor to receive a life insurance benefit so he/she can pay off the mortgage.
by Corey Franco on Mar 2, 2018
Accumulating wealth turns out to be a double-edged sword for business owners. It certainly has its privileges, but it also comes with additional risk exposures. In a 2011 Zogby survey, 92 percent of people with a high new worth indicated concerns over the possibility of home invasions, muggings, kidnapping, and even random street crimes. Not mentioned widely was the ever increasing risk of cyber crime, which can do serious financial, reputation and identity damage.
by Corey Franco on Feb 2, 2018
Congratulations Newlyweds! Your fresh union symbolizes a new beginning facing the world. But before the glow of wedded bliss wears, it’s crucial to talk about finances. Let’s be straight, financial talks should be had well before the ring, but did you know that “68 percent of engaged couples surveyed held a negative attitude about discussing money with their fiancé.1”
That’s a staggering percentage of couples who are afraid to have ‘the talk’. Below are a few tips and areas to consider if you’re in a serious relationship, newly engaged or if you’ve tied the knot!