Financial Planning and Wealth Management

Estate planning – it’s not just for retirees

When many adults hear the words “estate planning,” they immediately assume it’s something their parents should be thinking about. But it’s worth considering at a young age, says Beverly Hobbs, AAMS®, an LPL Financial Advisor with SAC FCU Wealth Management, especially if you’re a parent or guardian.

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Author SAC FCU Managing Editor

Financial Planning and Wealth Management

Financial Tips for Freelancers

Transitioning from a corporate job to self-employment can feel overwhelming but exhilarating. You might be giving up steady paychecks (and all those break room snacks), but you’re gaining the thrill of being your own boss.

Get started right by creating a financial tracking system that will help you keep a budget in line, pay your taxes correctly, and manage expenses. Here are five financial tips for kicking off your freelance career.

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Author SAC FCU Managing Editor

Financial Planning and Wealth Management

Financial resolutions that work: Looking back to move forward

With the new year around the corner, it’s easy to look ahead with the best of intentions. “Next year, I’ll manage my budget better.” “Starting January 1, I’ll give up my $5 coffee fix for good.” Facing forward is great, but don’t forget to look in the rearview mirror, too. Taking a realistic look at how you’ve done financially over the past year, and where you stand now, can help you set better financial resolutions for next year. Here’s what to evaluate:

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Author SAC FCU Managing Editor

Financial Planning and Wealth Management

Robotic trading advisors: truth vs. hype

If you grew up watching The Jetsons, Star Wars and the like, you probably figured that by now, we’d all have personal robots completing many of our daily tasks. And while there’s much that can be done by our android friends, it’s clear that human interaction won’t be replaced so easily. As an example, consider a financial trend that’s gaining traction lately: robo-advisors. What exactly are they and what can they do? We’ll explore the trend with insight from Beverly L. Hobbs, AAMS®, an LPL Financial Advisor with SAC FCU Wealth Management (a real human!) to see what robo-advisors can and can’t do.

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Author SAC FCU Managing Editor