Staying Accountable with a Free Financial Coach

March 12, 2024| Jason Stewart| 0 Comment| 12:00 am

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How a Free Financial Coach Helps You Stay on Track with Your Money Goals Throughout the Year

Beyond simply crunching numbers, a financial coach is someone who helps you develop healthy money habits and instills confidence in managing your finances. They serve as an accountability partner who keeps you motivated and on track toward achieving your desired financial outcomes. Whether you set a New Year’s resolution to save more money, pay down debt, or start building wealth, a free financial coach can help keep you on track along your journey to financial wellness.

GET HELP CREATING A PERSONALIZED BUDGET THAT ALIGNS WITH YOUR FINANCIAL GOALS AND LIFESTYLE CHOICES

A financial coach understands that each individual has unique circumstances and priorities. They take the time to listen to your specific needs and help you create a budget that not only addresses your immediate concerns but also sets you up for long-term success.

One of the key benefits of working with a certified financial coach from Canopy is their ability to help you craft a budgeting strategy that you’ll actually stick to. They provide guidance and support throughout the process, making sure you understand the importance of tracking expenses, identifying areas where adjustments can be made, and finding creative solutions for saving more money.

Over time, you’ll learn to take control of your finances in a way that feels manageable and sustainable. With their guiding expertise at your side, you’ll have the tools necessary to make informed decisions about spending, saving, and ultimately achieving greater financial stability.

RECEIVE TIPS FOR MANAGING DEBT EFFECTIVELY TO ACHIEVE LONG-TERM FINANCIAL STABILITY

In today’s fast-paced and often financially challenging world, managing debt can be a source of stress and anxiety for many individuals. However, there is a solution that can help alleviate this burden and pave the way towards long-term stability: working with a free financial coach.

A financial coach is not just someone who provides tips on managing debt; they are your ally in navigating the complex world of money management. They understand the unique challenges you may be facing and offer personalized guidance tailored to your specific situation.

One of the greatest benefits of working with a financial coach is the ability to reduce stress. Debt can weigh heavily on our minds, affecting our overall well-being and quality of life. A skilled coach will not only provide practical strategies for paying off debt but also offer empathy and compassionate support throughout the process.

Best of all, the financial coaches at Canopy Credit Union offer this service completely free of charge, to both members and non-members of the credit union. This means that anyone, regardless of their financial situation, can access expert advice regardless of how much is in their checking account. This service is an opportunity to gain valuable insights from professionals who genuinely care about helping you achieve your long-term financial goals.

LEARN STRATEGIES FOR SAVING MONEY AND BUILDING AN EMERGENCY FUND

In uncertain times, having a solid emergency fund can bring a sense of Security and peace of mind. It serves as a financial cushion that can help navigate unexpected expenses or job loss. However, building an emergency fund requires discipline and strategic planning.

One of the most effective strategies for saving money and building an emergency fund is to create a budget that fits this consistent savings goal within its framework. By tracking your expenses and identifying areas where you can cut back, you can allocate more funds toward your savings. This may involve making small sacrifices in your daily spending habits, such as eating out less frequently or finding cost-effective alternatives for entertainment.

Automating your savings is another powerful strategy. Set up automatic transfers from your checking account to a separate savings account specifically designated for your emergency fund. This way, you won’t have to rely on willpower alone to save; it becomes a consistent habit that happens automatically.

It’s also important to explore ways to save more money in your everyday life. Look for opportunities to reduce Monthly bills by negotiating with service providers or switching to more affordable options. Additionally, consider embracing frugal habits such as couponing, buying in bulk, or opting for second-hand items when possible.

While saving is crucial, it’s equally important to maximize the growth of your emergency fund through smart investments. Explore high-yield savings accounts or CD/term share options that offer competitive interest rates. Remember that the goal is not only saving but also allowing your money to work for you over time.

Lastly, maintaining motivation and staying focused on the long-term benefits of having an emergency fund is essential throughout this process. Celebrate small milestones along the way and remind yourself of the security and freedom that comes with financial preparedness. Plus having a free financial coach at your side to guide you along the way will help you stick with your goals for the long term.

By implementing these strategies and consistently prioritizing saving, you can build an emergency fund that provides stability during unforeseen circumstances while also fostering healthy financial habits for the future.

FINALLY, DISCOVER HOW TO GROW WEALTH OVER TIME

A financial coach understands that before you can start building wealth, it’s essential to address certain foundational elements. First comes debt management – they will assist you in creating a plan to pay off any outstanding debts efficiently. By managing your debt effectively, you can free up more resources to allocate towards building an emergency fund and putting resources towards wealth-building activities.
Throughout this journey, a compassionate financial coach recognizes that everyone’s situation is unique. They will listen attentively to your concerns and tailor their guidance accordingly. Their goal is not only to help you build wealth but also to empower you with financial literacy so that you can maintain long-term financial stability.

By working alongside a knowledgeable financial coach, individuals can gain the confidence necessary to make sound financial decisions throughout their lives. Together, they lay the Foundation for lasting wealth by addressing debt management, establishing an emergency fund, growing net worth, and harnessing the power of strategic investments.

By partnering with a free financial coach, you can stay accountable to your money goals throughout the year. Their guidance and support will help you navigate challenges, track progress, and make informed decisions that align with your long-term financial well-being.

Schedule your first appointment and start working with one of Canopy’s free financial coaches today.

Canopy Credit Union

Books About Securities – The best way to Find The Best Securities BookBooks About Securities – The best way to Find The Best Securities Book

August 4, 2021| Victoria| 0 Comment| 12:00 am

The Securities and Exchange Commission (SEC) is the consumer protection authority of your United States. This is a government agency that was established to protect the interest of stockholders of publicly traded corporations. Its mission is to guarantee the fair dealing of investors by regulating commercial activities regarding securities. Each US citizen is eligible for free public in order to information regarding the operations and activities of the SEC, under the Freedom of Information Respond. In general, however, the SEC offers general information and advice to assist people make better financial decisions. On occasion the SEC takes action against corporations or individuals for acting in bad faith.

An investment banker refers to an individual or corporation that buys or sells bonds, options or other securities. Most books about securities transactions deal exclusively with those purchases and purchasers that result in profits to one party. They never give information on stockholder`s rights and corporate secrets. Transactions made by individual commercial banks are not covered. The exception is securities books that deal specifically with the buying and selling of securities. Such books can be traded online.

Investors should you are able to research before purchasing books about trading stocks. Some books present fictional accounts of trading. Others offer a detailed account of the mechanics of buying of securities. Still others are geared towards teaching a general audience about the trading markets.

An investor serious acquiring a book about investing should examine it closely to check virtually any references that may useful. It the wise to ask the author from the book to clarify what material is protected in the novel. That is, if a particular portion of the book contains an application form for a broker, the author should indicate on the application where such forms can be acquired. If there is a phone number for a contact person, that person should be that can direct an interested reader to that number.

Investors interested in trading securities will also obtain books about trading. These books will usually cover securities markets all through. There will be a quantity of international companies that happen to be prominent players in the industry. A number associated with these companies will their very own own websites from which the public can access information about the subject. These companies can turn out to be found via a web based search.

Government agencies possess authorized to issue securities also publish books about throughout securities. The titles of these publications are often offered helpful summaries of material contained in the books. This is really beneficial for investors who would prefer to gain an idea of a particular content. The titles of such publications are usually found on the same way as those on the books about sec. useful reference

There are several other publications that are on hand for individuals who are thinking about investing in securities. Many self-help books and e-books have been written to help investors understand the associated with investing. Other publications provide advice to those who are already professionals about interesting ways to approach investment. These include books about managing investment money.

Individuals interested to learn more about investing can find several different of books to choose from today. The accessibility to such books is increasing due to a number of books about securities being published. Individuals should be sure to read these books carefully before investing in securities. This will ensure that they can gain the most benefit from a purchase strategy that getting employed.

Investors who don`t mind spending time in gaining details of the investment strategies used by professionals should also positive to to read these books. Most on the books that are published are focused upon a specific area of the world of investment. In addition, some of these books provide information on how to manage money so that barefoot running is more effective for earning your profits. These books can be very when it comes to managing investment primary. his response

Investors who are looking to become more educated about the many books on investing can purchase more than one book related to securities. In addition, individuals interested in gaining even more about investing can visit local libraries as well as for a quantity of different books about investing. Many public libraries have several sections that focus on a wide array of books on investment. this contact form

Individuals who are interested in reading books about securities probably know of the publishing dates of the books that tend to be interested in checking out. This is important for anybody who is planning to utilize the books on investing that are bought from a library or a bookstore. By knowing when the books were published, finding easier for everyone to track about the precise edition that is needed. If the edition is no longer available, it always be possible to choose a different edition on the book that is analogous to the a bed that was used inside the original investment. In addition, if the original publication date is not known, it get necessary to obtain an updated copy.

How to Calculate IRMAAHow to Calculate IRMAA

June 26, 2024| June Woolridge| 0 Comment| 12:00 am

IRMAA is now impacting more than 7 million retirees this year and for many they have questions. This report will answer all the questions relating to “How do you calculate IRMAA Surcharges?”

What is IRMAA?

IRMAA, short for Medicare’s Income Monthly Adjustment Amount, is a surcharge on top of a Medicare beneficiary’s Part B and Part D premiums if they are earning too much income during the year.

Simply put, IRMAA is a tax on income through Medicare and compounding the impact of this tax is that IRMAA also reduces your Social Security benefit.

You pay this tax of IRMAA automatically through your Social Security benefit too.

So, the more money you generate in retirement the higher your Medicare premiums will be and the less Social Security benefits you will receive.

Think of IRMAA as being a huge revenue generator for Congress that also helps alleviate the burden of what Social Security must pay out in benefits.

Social Security is not going broke not even close.

How do you calculate IRMAA Surcharges?

There are 2 different sets of IRMAA surcharges as this tax will affect both your Medicare Part B AND Part D premiums.

To calculate IRMAA Surcharges – Part B

You must first realize that no one person ever pays full price or the “true cost” of Medicare Part B as the federal government provides a subsidy for all retirees.

The “true cost” of Medicare Part B is the current year’s monthly Part B premium multiplied by 4.

In 2024 the “true cost” of Medicare Part B is $698.80 a month (4 X $174.70).

According to Social Security.gov IRMAA is a Medicare subsidy reduction as those who reach it receive a lower subsidy for Part B premiums.

The subsidy per IRMAA Thresholds is as follows:

IRMAA	Government Subsidy of Part B	Retiree Portion of Part B
No IRMAA	75%	25%
1st Threshold	65%	35%
2nd Threshold	50%	50%
3rd Threshold	35%	65%
4th Threshold	20%	80%
5th Threshold	15%	85%

Knowing the “true cost” of Medicare Part B and the amount of subsidy each person will receive when in IRMAA the monthly surcharge can easily be found.

In 2024 the IRMAA Part B surcharges per Threshold are as follows:

IRMAA	Retiree Portion of Part B	True Cost of Medicare Part B	Part B and IRMAA Costs
No IRMAA	25%	$698.80	$174.70
1st Threshold	35%	$698.80	$244.60
2nd Threshold	50%	$698.80	$349.40
3rd Threshold	65%	$698.80	$454.20
4th Threshold	80%	$698.80	$559.00
5th Threshold	85%	$698.80	$594.00

Calculating IRMAA Part B in the future:

IRMAA Part B surcharges move with in conjunction with the Medicare Part B premium. If the Part B premium increases the IRMAA Part B surcharge will inflate at the same rate.

Over the next 8 years the Trustees of Medicare are projecting that the Part B premium will inflate by over 6.30%.

By 2032 this premium, according to the projections, may be $285.60 a month making the surcharges equate to:

Internet Marketing Long Before Social Media and the InternetInternet Marketing Long Before Social Media and the Internet

June 25, 2023| Victoria| 0 Comment| 12:00 am

Before internet marketing and social media became widespread, public forums like courthouse/city hall meetings or amphitheaters were effective means for businesses to advertise. Representatives would speak at these forums in front of people to generate word-of-mouth advertising for their businesses.

https://www.digitalmarketingagencyindianapolis.com/digital-marketing-in-carmel-indiana-a-comprehensive-guide

Independent full-service agency 62ABOVE recently unveiled "A Work of Art," an upscale leisure traveler targeting campaign, targeting Carmel-by-the-Sea.

Billboards

Billboards are large outdoor advertisements used to promote products, services, and events. Often featuring an attention-grabbing slogan and located near high-traffic areas for maximum exposure, billboards provide grand canvases that showcase products or events at their best and leave viewers with lasting memories of inspiration and quality.

Fliphound can assist Carmel businesses, ad agencies, and marketers select billboard locations that will generate maximum traffic for their specific business. They can choose between local roads, highways, and busy intersections.

Public Forums

Public forums such as town meetings or open public discussions are an effective way to promote your business and gain word-of-mouth advertising. Public forums can take place anywhere from schools to the courthouse/city hall.

Public forums are spaces historically associated with exercising First Amendment rights such as pamphleteering and public discourse, meaning the government cannot restrict expression within limited public forums.

To host an effective public forum, be sure to publicize it widely and bring in community leaders and a range of citizens from across the community. A professional facilitator can assist participants in identifying problems, maintaining strengths, and finding solutions.

Radio

Long before the Internet, cell phones, and social media were widely accessible, families would gather around the radio to hear news and stories. Radio remains an integral part of American lives today and many businesses utilize its platform as an advertising tool.

Digital marketing Carmel is essential, but SEO takes your company one step further. Hiring an SEO agency in Carmel can be the ideal way to achieve your online marketing goals and expand your audience. Since different things work on various platforms, hiring a Carmel social media agency may also be worthwhile. Carmel has extensive experience building the M&S CSR program, supporting charitable causes, and chairing fundraising balls like LauraLynn's Gala Ball (in 2018). She has worked across Europe since 1999.

Print Media

Before the internet and other technological advances, businesses relied heavily on physical methods to promote their products and services. Handling such activities required skill, market savvy, and lots of effort – something the modern business world simply doesn't allow.

Magazines, brochures, and other print media can be tailored specifically to their target audiences for maximum effectiveness. In contrast to websites that are quickly lost sight of, these pieces tend to be picked up again or referenced by friends and family for continued reading or reference purposes.

As periodical publications typically last longer than their electronic counterparts, marketers can create messages with lasting impact and add periodicals to their marketing mix to expand their audience.

Web Design

Websites are at the core of every company's online presence. A well-designed and easily navigable site is essential, while any that doesn't meet these criteria could leave visitors disgruntled and they may quickly leave your page altogether.

Web design involves both aesthetic and functional elements, including layout, user interface, graphics, and media. The best Carmel marketing firms understand these concepts thoroughly, creating websites that are both attractive and functional. In addition, they can optimize your site to increase performance and make it easier for search engines to locate it; increasing rankings while drawing in more visitors.

Video Marketing

Video marketing is an incredibly valuable asset for businesses, whether it's product demos, customer testimonials, or corporate culture videos. Research indicates that consumers crave authentic brand content on social media; video is the ideal medium to deliver it.

Before creating a video for their business, businesses must identify their goals for it. Whether the goal is attracting new customers, engaging existing ones, or persuading people at decision stages – whatever it is tailored towards achieving these objectives should help the video stand out among competitors and reflect brand personality while video marketing offers targeted content that more efficiently expands audiences on multiple platforms.