What is a financial portfolio? In simple terms, the word portfolio is used to describe a collection of things. It can be art, stocks, bonds, real estate properties, or precious metals. Our job is to build an investment portfolio that meets our needs, fits our situations and consists of assets […]

Most of us are financially fragile and would not be able to come up with $2,000 in 30 days without having to resort to borrowing money or pawning/selling items that we own. Ask yourself how easy would it be for you to come up with $2,000 to pay for a […]

They’re not just for the old. Think about and make a plan for yourself. A will is basically a simple document stating what you want to happen to your worldly property in the event of your passing. After you pass away, the will is used in public court in a […]

Most middle-aged adults and soon-to-be retirees have the same question: How much do I need to retire? We should consider this question at all ages and stages. There are no easy answers, nor is there a one-size-fits-all approach. Since how much you need for retirement is based on your specific […]

What is the Coptic diet? Do you know? As we elevate spiritually certain things, activities, tastes and cravings do fall away. However, in all things we say, moderation. As Copts we know that all sickness is not unto death however, many of us are an illness away from financial death […]

1. Not buying refurbished electronics. Free yourself of the notion that refurbished electronics are rejects or failures. Any returned item gets labeled as refurbished. So, look into a good deal on perhaps a new-to-you iPhone or laptop. 2. Buying gift cards in store. You don’t know what to get your friend, but you know […]

Exercise a full understanding of what it means to save money. Most ads boast save money and shop here. That can be an oxymoron. You can save a lot of money by NOT shopping at all. Make sure your purchases are deliberate so that you can avoid spending unwisely. For […]

It’s tax time again. Here’s a reminder on a way to hold onto your lump sum and put it to work for you. Consider rolling your tax refund or a portion of into a CD (certificate of deposit). You can then use your CD as collateral to borrow money short […]

Continuing the theme of getting your house in order by focusing on one task at a time, your family’s financial planning and overall planning can be established by February. Last week we highlighted trusts and wills. This week let’s consider living wills or advanced directives. A living will is a […]

Getting your tax refund back on a prepaid card may sound convenient, but does it make financial sense? For those without bank accounts, a prepaid debit card may be the fastest way to get an income tax refund. It’s an option offered by all the major tax preparers. But for […]