College Board Releases 2016 Trends in College Pricing Report

The College Board has released college cost figures for the 2016/2017 college cost data in its annual Trends in College Pricing report. “Total average cost” includes tuition and fees, room and board, books, transportation, and personal expenses. Here are the highlights: Public colleges (in-state students): Tuition and fees increased an average of 2.4% to $9,650… Read More

Planning Your Financial Future

The Mackey Advisors Way

Let’s take a few minutes to discuss personal financial planning – or as we call it Prosperity Planning™.  When we take a step back for a minute it is quite astonishing to think of everything we plan for.  We make plans for dinner, lists for the grocery, and schedules for kitchen duty at the office. … Read More

How to Survive the Upcoming Wedding Season

Practical Prosperity

Weddings, in general, are expensive.  Sorry parents and young couples of the world hosting an extravagant party this summer, but there is little you can do now to save money.  Instead, I am talking to those who were invited to your wedding and have yet to get wedding gifts.  These people still have a shot!… Read More

Today’s Forecast Calls for Sales

Practical Prosperity for Business

In today’s society, everyone seems to be obsessed with sales.  While sales may not be the most important number on the financial statements, it is definitely the most emphasized. Yet few people actually use a tool to help them forecast their sales. So what’s the big deal with forecasting sales? For starters, forecasting sales can… Read More

Cash is King

Practical Prosperity for Business

“Cash is King” is an expression that is widely used in analyzing businesses. Why is it something that you, as a business owner, need to manage? Well, without cash you could not do the things required to stay in business, for example, purchase inventory or pay your employees. A lot of business owners only concentrate… Read More

The Bipartisan Budget Act of 2015

On November 2, 2015, President Obama signed into law the Bipartisan Budget Act of 2015, legislation that raises the federal debt limit and establishes the framework for a two-year budget deal. The legislation, needed to avoid an impending default on U.S. debt, also contains multiple unrelated provisions, including an elimination of two Social Security retirement… Read More

It’s all in the Budget

Practical Prosperity for Business

It’s mid-September and most would think that it’s too soon to think about planning for next year. However, this is the perfect time to start preparing, because budgeting can be a challenging task as there are many components to finalize. Let’s face it: most of us do not enjoy budgeting, but it is a very… Read More

Back to School & Back on Budget

Practical Prosperity

As summer draws to a close and kids get back to school, it’s a good time to dust off our personal finances.  You aren’t alone if summertime has had you paying less attention to your bottom line. For many folks it’s not uncommon to get a bit out of touch with spending. Vacations, trips to… Read More

Vacations tend to come with baggage: Credit card debt

USA Today | Anita Balakrishnan

reposted from: USA Today by: Anita Balakrishnan June 29, 2015 Summer is time for a well-earned vacation — except some have earned it more than others. Almost half of people are jetting off without saving enough in advance, according to a new study. Forty-six percent of people said they paid for a vacation by credit… Read More


14 Ways to Survive the Holidays Without Breaking the Bank

Anyone who knows me well is aware of the fact that I go a little overboard during the holidays. I overload on movies like Elf, A Muppets Christmas Carol, and A Christmas Story. I have the Pandora Holiday station churning out one-hit wonders, and old standards. It is also not uncommon to see my best… Read More