Matt’s Monthly Money Must Do’s | May 2018

By | 2018-04-25T15:17:11+00:00 April 20th, 2018|Categories: Personal Planning|Tags: , , , , , |

In honor of Ignacio Zaragoza’s amazing victory at the Battle of Puebla, let’s celebrate with 5 financial to do’s for May. Home goods May is a great time to start your budget shopping.  So many home goods go on sale in May, which is great for the summer.  The biggest discount items are grills, air conditioners, [...]

Back to the Basics of Savings and Investing

By | 2017-07-19T19:31:10+00:00 July 19th, 2017|Categories: Personal Planning|Tags: , , , , , , |

This blog post is going to be about portfolios and asset allocation!  I bet you just thought to yourselves “Wow, what an exciting topic!”  If I have kept your interested thus far, I hope you will keep reading because like our process The Prosperity Experience™, we strive to make investing and investment education fun and interactive.  [...]

What Are Your Summer Plans?

By | 2017-06-14T16:59:32+00:00 April 28th, 2017|Categories: Personal Planning|Tags: , , , , , |

People either love or hate April.  I personally like it for a few reasons: busy season is over, my refund check is in the mail, and the weather is changing.  Not everyone gets to share in the same experiences as me since their busy season might be different, they may owe come tax time, or they [...]

Why Planning is Important

By | 2017-05-09T22:14:05+00:00 October 17th, 2016|Categories: Personal Planning, Uncategorized|Tags: , , , , , |

If you have spent any significant time with the Mackey Advisors team, you have probably realized that we sometimes sound like a broken record when it comes to the concept of “planning”.  That is because almost every new client we work with, we continue to reinforce this huge importance. Often that importance is not just placed [...]

Financial Decisions: One Size Doesn't Fit All

By | 2016-07-27T15:19:23+00:00 July 27th, 2016|Categories: Personal Planning, Uncategorized|Tags: , , |

I read a book the other day that asked the question: “What is the best financial decision you have ever made?” I began to think about how this needs to be asked more by financial planners.  Clients don’t readily think of it, but if you ask it as homework, the clients will begin to analyze the [...]

10 Years and Counting: Points to Consider as You Approach Retirement

By | 2017-05-09T22:13:52+00:00 July 7th, 2016|Categories: Personal Planning, Uncategorized|Tags: , , , , , , |

If you're a decade or so away from retirement, you've probably spent at least some time thinking about this major life change. How will you manage the transition? Will you travel, take up a new sport or hobby, or spend more time with friends and family? Should you consider relocating? Will you continue to work in [...]

Caring for Parents and Children – 5 Things to do NOW

By | 2017-05-09T22:13:52+00:00 June 29th, 2016|Categories: Personal Planning, Uncategorized|Tags: , , , , , |

The Sandwich Generation:  A colorful label for the people who find themselves providing financial, emotional and physical support for both their aging parents and their children at the same time.  According to a 2013 Pew Research Center report, nearly half of adults in the sandwich generation have a parent age 65 or older and are either [...]

Bookkeeper, An Important Team Member!

By | 2017-05-09T22:13:50+00:00 May 26th, 2016|Categories: Business Wise, Uncategorized|Tags: , , , , |

Bookkeeping is not as simple as it sounds.  It is a skill that requires thought and accuracy.  A good bookkeeper makes it easy to review and analyze information; a bad bookkeeper will leave your books in disarray and lead to bad business decisions.  The saying goes, “Garbage In, Garbage Out.” Below are 5 traits that make [...]

The Importance of the Balance Sheet

By | 2017-05-09T22:13:47+00:00 March 24th, 2016|Categories: Business Wise, Uncategorized|Tags: , , , , |

There is Top Line Terry and Bottom Line Larry, but there are other “players” needed to make a business successful.  The income statement is important for monitoring and finding ways to improve, but if your balance sheet is out of whack, your income statement may be unreliable.  The balance sheet shows how much money you have, [...]

An Easy to Follow Financial To-Do List for 2016

By | 2017-05-09T22:13:46+00:00 February 18th, 2016|Categories: Personal Planning, Uncategorized|Tags: , , , , |

January: Increase retirement account contributions:  A new year sometimes means increasing retirement account contribution limits.  For 2016, the 401(k) limit is $18,000.  If you are already maxing out your employer sponsored plan, considering reviewing IRAs, taxable accounts, or some tax deferred annuities. February: Begin tax document collection:  Most of your tax forms will come to you [...]