Click the link below to read the article about millennials and money management.
Having a baby brings excitement and joy — and a whole new set of money worries. How will you afford diapers and daycare? Soccer and swim lessons? And finally college?
Financial professional Sean Clark talked with WPMT Fox 43 about 5 money mistakes new parents make:
Money Mistakes New Parents Make:
Forgetting About Extra Expenses Click here for a budget worksheet.
Overspending On Unnecessary Items
Forgetting Life Insurance
Not Creating A Will
Prioritizing College Before Retirement
Parents would do anything for their kids, but there’s one thing they shouldn’t do: go into debt! Nearly half of parents in a recent survey admitted they are spending beyond their means to give their kids the newest clothes, shoes and gadgets and enroll them in extra activities.
Financial professional Sean Clark talked with FOX 43 | WPMT and shared tips for parents before they pay the price of a perfect life!
1. Don’t Just Say “No”
2. Continue the Conversation
3. Pay for Chores
4. Start Saving
5. Lead By Example
Click here for a budget worksheet to get you started
For many people, the best part of tax planning is dreaming how to spend their tax refund. Rather than spending the money on a one-time splurge, there are ways to make the money work for your benefit all year long. Financial Professional Sean shared some ideas with WPMT-FOX 43
1. Plan For Your Family
2. Home Dining Options
3. Protect Your Home
4. Home Improvements
5. Decrease Debt
Click HERE for a debt worksheet
York Independents donates $1,750.00 to the York County Library systems. Thanks you to all our friends who make this possible!
There’s a disconnect when it comes to couples and their finances! Even though the majority of couples think they’re doing a good job of communicating, many don’t know the basics of their finances. Financial professional Sean Clark talked with WPMT FOX43 about the topics all couples should discuss:
3. Social Security
4. Retirement Lifestyle
Click here for a retirement calculator to figure out how much you should be saving.
Lottery winners will face some big decisions after hitting the jackpot. Financial professional, Sean Clark, talked with Fox 43 about the first steps to take, including setting a budget.
Click here for a budget worksheet to get started.
Charitable giving is at an all-time high! Americans gave $358 billion dollars to charities in 2014. Financial professional Sean Clark talked with WPMT FOX43 about 5 steps to make the most out of holiday donations:
Choose the Charity
Click here for a list of charities eligible for tax exempt status by the IRS.
Click here to see how charities will use your donation.
Give What You can
Get the Tax Deduction
Parents need to discuss family finances with their adult children. Financial professional ((name)) talked with ((station)) about how to start that conversation and what topics should be covered:
3. Income & Expenses
4. Financial Records
Click here for a checklist of important financial information that you should make sure to discuss with your adult children. Remember, knowledge now will prevent headaches later.
What’s worse than things that go bump in the night? Phones that ring at dinner time. Just in time for Halloween, financial professional Sean Clark talked with FOX 43 about a new financial fright, called “phantom debt” and what to do if you are contacted:
- Do not provide personal information
Ask for contact information
Contact your creditor before paying