Social Security is a benefit nearly 1/5th of the country is currently receiving and the majority of working Americans pay into it. How is something that affects such a large percentage of the population so easily misunderstood and complex? The goal of this article is to deliver the fundamentals...
Articles
Posted September 18, 2022
Imagine living (in career terms) in a world where money is the focal point of everything. It’d be very easy to become vain and self-absorbed extremely quick. It’s one reason why you can’t attend a Financial Planning conference and look throughout the parking lot and witness a sea of luxury car...
Posted September 16, 2022
What are rainy days?
You’re in the midst of paying off your debt and tackling it with a speed that is even impressing you. Your debt snowball is getting knocked out one after the next and you have the momentum to throw even more at it. But then, BOOM. Storm clouds are on the horizon. And things...
Posted September 11, 2022
Healthcare has undoubtedly been a hot topic in the last few years. However, for those of us in the retirement planning industry, we’ve been planning around and for healthcare for generations. Most individuals will become eligible for their health insurance in retirement at 65 through Medicare....
Posted September 10, 2022
Growth, Growth & Income, Aggressive Growth, International & Mutual Funds…Why?
If you listen to Dave Ramsey enough you will have heard these four asset classes mentioned when he talks about investing. Dave stresses...
Posted September 04, 2022
We've got baby fever at Whitaker-Myers Wealth Managers! Our excellent Financial Coach, Lindsey Curry, and her husband, Chris, welcomed their second baby girl into the world this last week. I lobbied for the naming...
Posted September 02, 2022
The Basics of Target Date Funds
If you have a retirement plan through work (401(k), 403(b), etc) and are putting money into it, it’s very likely that you currently have money in a target date fund or have at least seen them on your list of fund options. More often than not when doing the initial...
Posted August 28, 2022
Have you ever thought you had a goal nailed down? Exactly what you need to do, how long it’ll take, and when you’ll get there. Then as you work towards that goal, life happens, your desires adjust a bit, and now the plan is a little bit farther or closer than initially thought. That’s commonly...
Posted August 26, 2022
On Wednesday, August 24, 2022, President Biden announced changes to student loan debt relief. The biggest item of note was up to $20,000 of student loan forgiveness on federal student loans to current borrowers. Also announced was the continued delayed payment and 0% interest rate of student...
Posted August 19, 2022
Who is Eddie Culin?
Ramsey Solutions has recently added a new personality host to their team for their live events and live streams! Eddie Culin brings over twenty years of experience in stage hosting, team building, project management, coaching, content creation, and ministry to the Ramsey...
Posted August 19, 2022
Saving money in your budget with your utility bills
Many people are looking for ways to save on their budget lately. With increasing numbers at the grocery store, fluctuating gas prices from highs to lower numbers (I won’t say “lows”), and with the cost of goods in general increasing, finding...
Posted August 12, 2022
Inevitable Estate Planning Certainties We All Do Not Want To Hear:
We all will pass away.
We cannot take any assets, money, or belongings with us beyond the grave.
Death most likely will come at a time we least expect.
Someone else will get to enjoy most of our savings and...
Posted August 12, 2022
“Back-to-School Season” is upon us
Does anyone remember the “Most Wonderful Time of Year” Staples commercial with the parent happily putting back-to-school supplies in the cart, while their kids miserably trail behind them, all while the “It’s the most wonderful time of year” Christmas song...
Posted August 05, 2022
The Benefits of a Sinking Fund
If you've ever been in a meeting with me, we have likely talked about sinking funds. Some may say I'm obsessed with sinking funds and they might be right! But that's because I think there is a lot of power in saving up for big expenses over time so that it isn't a...
Posted August 05, 2022
Dave Ramsey has a rule at his office. The rule is simple: No gossip! If you’re caught gossiping once, it’s your free warning and pass, but get caught again, and you’re on the unemployment...
Posted July 29, 2022
Every year my family, including my siblings' families and my mom, take a week and head down to the beaches of South Carolina (Hilton Head, to be exact) and spend a week swimming, beaching, dining, exploring, and doing all the things that make a wonderful family vacation. One thing I enjoy is the...
Posted July 29, 2022
As a Christian, Should I Incorporate Tithing into My Budget?
What is Tithing?
Let’s start with “what is tithing?” The word "tithe" comes from an Old English root meaning "one-tenth." The tithe was an offering of one's income to the Lord as an expression of thanks and dedication. The funds were...