Blog

Don’t Let Rising Interest Rates Catch You by Surprise

July 28, 2017
interest rates

You’ve probably heard the news that the Federal Reserve has been raising its benchmark federal funds rate. The Fed doesn’t directly control consumer interest rates, but changes to the federal funds rate (which is the rate that banks use to lend funds to each other overnight within the Federal Reserve system) often affect consumer borrowing…

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Buying a Fuel-Efficient Vehicle

July 28, 2017
cars

You’re searching for a new car and interested in fuel-efficient vehicles. On the surface, they sound like a good idea: You may save money by making fewer trips to the gas station, and you help protect the environment. However, there are pros and cons to owning and driving a fuel-efficient vehicle, particularly when it comes…

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Student Loan Debt: It Isn’t Just For Millennials

July 28, 2017
student debt

It’s no secret that today’s college graduates face record amounts of debt. Approximately 68% of the graduating class of 2015 had student loan debt, with an average debt of $30,100 per borrower—a 4% increase from 2014 graduates.1 A student loan debt clock at finaid.org estimates current outstanding student loan debt—including both federal and private student loans—at over…

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Future of the Federal Estate Tax

June 29, 2017
estate planning

While no one can predict the future, the possibility of tax reform is once again in the spotlight. If it occurs, it may very well include repeal of the federal estate tax and related changes to the federal gift tax, the federal generation-skipping transfer (GST) tax, and the federal income tax basis rules. History of…

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What Is a Pet Trust?

June 29, 2017
dog

A pet trust is an arrangement to provide for the care and financial support of your pet(s) upon your disability or death. You fund the trust with property or cash that can be used to provide for your pet based on your instructions in the trust document. Your pet trust should name a trustee who…

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Quiz: How Much Do You Know About Social Security Retirement Benefits?

June 29, 2017
social security

Social Security is an important source of retirement income for millions of Americans, but how much do you know about this program? Test your knowledge, and learn more about your retirement benefits, by answering the following questions. Questions Do you have to be retired to collect Social Security retirement benefits? a. Yes b. No How…

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Please Join Us for a Night Out

May 22, 2017
natsoulas-gallery_web-2

Symphony Financial Planning is pleased to announce our upcoming financial presentation and art event, which will take place the evening of Tuesday, May 23rd.  Attendees will enjoy beverages, appetizers, and live music in a peaceful art gallery setting while listening to an engaging speaker. Our talented guest presenter will be Weston Wellington, a vice president…

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Investing That Makes an Impact

May 19, 2017
investing

Socially responsible investing (SRI) has come to represent various investment strategies that favor companies with business practices generally viewed as socially responsible, ethical, and/or sustainable. Overall, investor interest in SRI has been gaining momentum. In fact, the number of investment funds incorporating ESG (environmental, social, and governance) factors has increased 12% in the last two…

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How Can Technology Help Me Manage My Money?

May 19, 2017
technology

It may seem that there’s an app or software program for every purpose, and that includes managing your money. Here are some examples where technology may be useful in helping you get a handle on your money. Creating a budget: There are multiple apps available that enable you to input your monthly income and expenses to…

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Spring Cleaning Your Finances

May 19, 2017
finances

The arrival of spring often signifies a time of renewal, a reminder to dust off the cobwebs and get rid of the dirt and grime that have built up throughout the winter season. And while most spring cleaning projects are likely focused on your home, you could take this time to evaluate and clean up…

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