Month: March 2020

Impact of Social Media: 2 Ways it Affects Your Wallet

Rent Electricity Phone Bill Car Payment Groceries And… Social Media? Yes, we know, social media as a monthly expense seems insane! But it’s creating an environment where wallets are getting thinner and credit card debt is growing. Snapchat, Facebook, Twitter, Pinterest and Instagram are not just a massive part of our day to day lives – they are also a major way for companies to get us to spend more money. If you think about…
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6 Financial Topics You Probably Haven’t Discussed with Your Fiance Before Marriage

Discussing money with your spouse or partner is never easy.  Such conversations can be difficult because they involve a degree of honesty and vulnerability about a very sensitive part of your life.  69% of adults in committed relationships report avoiding talking about finances to prevent some sort of argument.  But, honesty serves as the foundation of any relationship, and this extends to the realm of finance. Planning ahead allows couples to streamline their financial connections…
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Wealth Management Vs Financial Planning – What’s the Difference?

Titles in the investment industry can often be convoluted and confusing. Wealth manager, financial advisor, financial consultant, financial planner, CFA, CFP, CDFA… How are you supposed to know the difference? At Demand Wealth, we wanted to be decidedly simple and transparent, so the services we offer can be broken up into two distinct categories: Financial Planning and Investment Management. Financial Planning Financial planning involves taking a comprehensive look at your entire financial situation and developing…
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Where the 2020 Democratic Candidates Stand on Climate Change

Global warming is an emotionally charged word for most and is commonly referred to as climate change. Everyone seems to have a different opinion on which course of action to take to repair our planet, but the end goal is the same: a brighter future where we unite to save our planet. Climate change comes out on top as the most important topic of debate in the primary election. The time to cast your vote…
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Why Capitalism Is Good for America!

As financial advisors, we’ve already got a pretty good idea about why Capitalism is good—both for the country and for individuals. While our country is seemingly quite divided over the benefits of Capitalism vs. Socialism, it’s helpful to remember why Capitalism endures and benefits us all. The Benefits of Capitalism The benefits of Capitalism are far-reaching. Here are some reasons why Capitalism is synonymous with the “American Dream”: Freedom If you think of the words…
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