• Diversify. Invest in stocks from a variety of industries so that when one industry is having trouble, another one will be healthy. • Watch valuations. If you overpay, even the best stock is no winner. • Tune out the noise. Avoid checking prices and news on your stock every […]

Consider an all-cash diet. If you’re consistently overspending, this may break you out of that rut. This simple approach will allow you to see fully how much money you’re passing out. Try it for a couple of pay periods and you may be surprised and inspired to slow down. Take […]

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 […]

I already know you’re going to go to the mall and when you make your transactions, you’ll be asked whether you want to apply for a store credit card. Store credit cards are essentially useless. Stick with the major cards like MasterCard, American Express and Discover which allow you to […]

Debt is a form of the grave. Metaphors often refer to debt as being in a hole. Fellow Copts, let’s apply our anthem to this condition and proclaim that no grave will hold us down. As we draw closer to this season of consumption, please make sure your house is […]

Any time that we want to change our financial picture, we need to start by setting financial goals. Many people look at the New Year as a good time to begin making changes and creating new financial habits. In order for our changes and goals to be successful, we should […]

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 […]

As winter comes to an end and we head into the spring/summer, a parallel can be drawn between the seasons of weather and the seasons of money. There are four financial seasons of life that include accumulation, preservation, distribution and succession. Approaching your finances with these four seasons in mind […]

As Copts, we don’t subscribe to or have a doctrine surrounding a devil. However, if there be such a creature or idea, consider debt as your devil and don’t allow the devil to linger around you. Develop your financial plan and start your journey toward being devil-free. One approach worth […]

Most individuals are instructed to get an education and then a job.  Then, after landing a solid job, the recommendation is to save a percentage of each paycheck for the next 40+ years until retirement.  This linear path from school until death, means spending the majority of each day at […]