As the nation’s population becomes more diverse and inclusion more important, the financial advice industry needs to reflect the same since the advice-seeking public will turn to professionals that have backgrounds and experiences similar to theirs.
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Americans are being eaten alive by inflation. It’s not only food and gasoline prices that seem to jump every month; consumers have also been experiencing substantial price increases in electricity.
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With limited resources and staff, small business owners need to find ways to work smarter to grow their customer base and revenue stream. Fortunately, there are a number of great marketing tools to help small business owners to do just that.
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Inflation is a tax that hurts all income earners. For lower income workers, higher costs mean very difficult tradeoffs that have an impact on everyday living. For higher income earners, it may have less of an impact of their standard of living, but higher expenses can erode the ability to save sufficiently for future goals, like retirement. There are a number of ways individuals and families can respond to rising prices and mitigate their harmful impact.
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All generations suffer from unfair generalizations and it’s no different for the Millennial generation. Yet, with the leading edge of this generation entering their 40s, many have already formed households and become homeowners. Which is to say that Millennials are full-grown adults with attributes and values that, while perhaps different than other generations, hold lessons for all, regardless of age.
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