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Article website 2020 (4)

How to Incorporate Your Passion (Like Golf) Into Your Financial Plan

 By Allan Duncan I’m going to wager that you absolutely love golf, which is probably why you’re reading this magazine. It’s a fantastic sport, but it can also be an expensive sport when you start to add up the green fees, cart rental, golf gloves, shoes and apparel, golf clubs, golf balls, bags and miscellaneous…

Weekly topper 2020 (3)

Market Update: Continued Ups and Downs

In this week’s recap: Stocks end up higher and oil ends up lower after an up-and-down week, as traders react to events in the Middle East and the data in the December unemployment report. Weekly Economic Update   THE WEEK ON WALL STREET The market had a choppy five days, with traders reacting to geopolitical…

Article website 2020 (2)

Kevin Salvadori on Websuasion

To hear all of Kevin’s insights, Click Here. If you would like to contact Kevin, please call 800-871-1219 Ext 5 or email him at kevin@scarletoakfs.com.  To schedule an appointment with him, click here. Get social with Kevin: Facebook Visit The Websuasion Group at here. They can also be reached at (404) 418-8909  or info@websuasion.com. Get…

Article website 2020 (1)

Atlanta, What you need to know about The SECURE Act

The SECURE Act Long-established retirement account rules change.   The Setting Every Community Up for Retirement Enhancement (SECURE) Act is now law. With it, comes some of the biggest changes to retirement savings law in recent years. While the new rules don’t appear to amount to a massive upheaval, the SECURE Act will require a…

Weekly topper 2020 (1)

Weekly Update: Oil Takes Center Stage

In this week’s recap: Oil prices spike after a U.S. airstrike in Iran raises supply disruption concerns; a manufacturing activity index disappoints; stocks are little changed following an abbreviated trading week. Weekly Economic Update     THE WEEK ON WALL STREET Stocks descended from record highs Friday, as traders reacted to a U.S. drone strike…

Financial 101 articles 2019 (1)

Bad Money Habits to Break

Bad Money Habits to Break Behaviors worth changing.   Do bad money habits constrain your financial progress? Many people fall into the same financial behavior patterns, year after year. If you sometimes succumb to these financial tendencies, now is as good a time as any to alter your behavior.   #1: Lending money to family…

Article website 2020

Have You Budgeted for Retirement?

Have You Budgeted for Retirement? Creating a strategy for success.   Run the numbers. There is a rule of thumb for retirees suggesting that retirement income has a target of 70-80% of the household’s end salary, though this can certainly vary. So, years before leaving work, sit down (perhaps with the financial professional you know…

Article website 2019 (13)

Your Emergency Fund: How Much is Enough?

Your Emergency Fund: How Much is Enough? An emergency fund may help alleviate the stress associated with a financial crisis.      Have you ever had one of those months? The water heater stops heating, the dishwasher stops washing, and your family ends up on a first-name basis with the nurse at urgent care. Then,…

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Beware of Lifestyle Creep

Sometimes more money can mean more problems.  “Lifestyle creep” is an unusual phrase describing an all-too-common problem: the more money people earn, the more money they tend to spend.   Frequently, the newly affluent are the most susceptible. As people establish themselves as doctors and lawyers, executives, and successful entrepreneurs, they see living well as…

Article website 2019 (16)

Yes, Young Growing Families Can Save & Invest

Yes, Young Growing Families Can Save & Invest It may seem like a tall order, but it can be accomplished.    Put yourself steps ahead of your peers. If you have a young, growing family, no doubt your to-do list is pretty long on any given day. Beyond today, you are probably working on another…