Budgeting

September is the month many of us associate with “back to school.” September of 2021 is a singular back to school moment for many students who experienced an interruption to their in-person education due to the pandemic. Perhaps that makes this school year extra special and a good time to re-evaluate your child’s financial education. After all, you are preparing your children for a self-sufficient future, not to boomerang back to the care of mom and dad! Our Entrust advisors ...

Uncertainty continues to be a primary characteristic of our current experience, as it has been since the beginning of the spring season. And if you are like many of us, this uncertainty may be causing financial questions to swirl in your mind. We have answers and as our Entrust clients know, we have a structure in place to provide them to those not yet working with us—Entrust’s Second Opinion Service. What about cost? Spending extra money right now for ...

Most parents want their children to enjoy saving money. Take a look at a system that can help this happen!

If you have more than one child, you have probably observed that each child has a different attitude towards money. Perhaps one child cannot seem to spend his money fast enough, and the other loves to squirrel it away. What about you? And your significant other? What is your money personality? Find out now!

Preparing for retirement is often identified as the number one concern of middle-class millionaires. The implied solution for resolving this concern is rather straightforward: Build a portfolio large enough to generate the income you need for the style of living you prefer, and you are good to go. After all, having a good income during your working years made all the difference. Won’t it be the same in retirement? Well, maybe, but then again maybe not—due to what we, ...

The kids are heading back to school and we parents are hoping they learn a lot, not just academic information but life and social skills, too. Jen’s video introduces an important life skill—understanding money—that you can help your children learn.

Most of us want to retire—someday. And we aim for our investments to appreciate so that we can distribute income from them throughout our retirement years, without running low on money and equally importantly, without diminishing our style of living. As the capital markets gradually appreciated during 2017, our goals for making work optional—retirement—felt good indeed. Now that volatility has returned with a vengeance, it can take a dose of faith to stay invested. However, there are three things we ...

This is the time of year when we wish that every financial document we have was expertly filed in just the right place, so that heading off to our accountant to take care of our income tax-filing could be seamless and stress-free. However, many of us procrastinate the task of organizing our financial documents. If you tend to put off this seemingly daunting and just plain uninteresting responsibility, we encourage you to follow these three easy steps: Gather your financial ...

If you are a parent, you understand the importance of teaching your children good money skills; unfortunately, many of us are not sure where to begin. Here are some ideas to get you started: Help your children begin to save.  Encourage your children to save a little from all the money they receive, such as allowances, birthdays, bar and bat mitzvahs, etc.  Open accounts for your children and assist them with tracking their money.   A couple of ideas for tracking ...

Summer is almost here and everyone seems to have vacation on their minds. We often get questions about paying for travel; a typical one is: “How much can I afford to spend?” So today we’ll provide you with some helpful tips on how to create a vacation fund that fits easily into your budget. That way you can enjoy vacation without feeling guilty about the expense. A good first step for creating a vacation fund is to determine how much you ...