The transition to adulthood is an exciting time that marks true independence. You may have graduated from college, started a job, or even rented your first apartment. With this new freedom comes some real responsibility, including protecting yourself from the financial risks that life can present. For many young professionals, striking the right balance between parental aid and stepping out on your own is the hallmark of this life stage.
Consider the following guidance as you review your insurance strategy and decide how to protect your financial future.
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Insured at Every Stage: Starting Out
Friday, September 22, 2023
The Pivotal Role of Positive Cash Flow in Personal Finance
Tuesday, August 22, 2023
In the exciting world of personal finance, understanding and managing your cash flow is akin to mastering the control panel of a high-performance sports car. A firm grasp on this element helps you steer your financial journey in the right direction, enabling you to live comfortably today while preparing for a secure future. In this blog, we'll dive into why positive cash flow plays a crucial role in your financial health.
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Believing Investing is a Smooth Ride
Investors need to remember that markets can be turbulent. Between February 12, 2020, and March 23, 2020, the Dow Jones Industrial Average* lost 37% of its value due to the onset of the COVID-19 pandemic. Fortunately, recovery was swift, and by November 2020, U.S. markets had returned to their pre-pandemic highs.1 Preparing for declines is essential. There can be a strong temptation to pull out of the markets when they tumble. Instead of retreating, you may need to adjust your investment approach. By remaining flexible, you could be able to take advantage of opportunities while managing risks.