Each spring, a rite of passage occurs in stadiums, auditoriums, and Zoom calls across the nation: The latest graduates cross the stage to begin a new phase of financial independence. As has always been the case for graduates, the class of 2021 will face an array of financial choices for the first time—simple decisions on saving and spending that may seem small in the moment but have financial repercussions that can extend far into the future.
For one month each year, Chelsea Brennan, 30, and her husband, Jeremiah, 36, run what they call a financial fire drill. Chelsea, who is usually in charge of family finances, turns all bill paying, budgeting, banking, and investing over to her husband, who is usually fully occupied as a stay-at-home dad to their two young sons. At the same time, Chelsea takes over the tasks Jeremiah usually handles in their Storrs, Connecticut, home.
Are you uncomfortable making investment decisions? Are you worried you might make a mistake? Join us for a discussion around how you can avoid some of the most common investing mistakes and become more confident as you save and invest for your future.
Go out into your yard and dig a big hole. Every month, throw $50 into it, and don’t take any money out until you’re ready to buy a house, send your child to college, or retire. It sounds a little crazy, doesn’t it? But that’s what investing without setting clear-cut goals is like. If you’re lucky, you may end up with enough money to meet your needs, but you have no way to know for sure.
Ever hear the phrases bull market or bear market, and you aren’t sure exactly what they mean? In this first episode of CAPTRUST’s new video series, Lessons in Financial Experiences (LIFE), Alex Badger breaks down these two terms and explains how they impact investors.
The focus for 2021 has been three important shots into the arm of the U.S. economy: the vaccine, the recently passed stimulus bill, and consumer savings. This edition of CAPTRUST’s market update outlines the impact of these three shots, in addition to overviewing the concept of inflation and its potential effect as the economy begins to reopen.
While we all know the importance of having savings in case of an emergency, many of us struggle with how to get started. Join CAPTRUST’s Drew Battle for some practical tips to jumpstart your emergency fund today.
Are you starting out the year with a goal of getting your finances under control? In this webinar recording, we discuss the ways a budget can help alleviate stress, the simplicity of creating a personal budget, and how to identify your personal spending habits.