Blog Archives

The 8 Documents You and Your Parents Need Now

Posted by byronellis on June 21, 2018

My guess is neither you nor your parents have all of the documents in place that you need to help you with some pretty important life and financial decisions that may arise in the future. Don’t fall into the trap of thinking you will take care of things when you have the time; make sure you take action on these items in the next week. What are the 8 things you need to have in place? Read More

The 3 Top Reasons Taking a Loan on Your 401(k) is a Bad Idea

Posted by byronellis on June 19, 2018

Life likes to throw curve-balls at you, and when it does, there’s often a price tag involved…medical bills, car replacement, tuition. You’re going to need some cash, and the question is, where are you going to get it?   401(k)s often seem like the most logical choice. After all, you’re borrowing from yourself. It’s better to pay yourself interest than some behemoth bank or credit card company, right?   Not so fast.   There’s several reasons not to borrow from your 401(k). First, let me…
Read More

When Not to Buy Travel Insurance and When You Should

Posted by byronellis on June 12, 2018

Going on a trip isn’t cheap. You’ve got the upfront costs of your plane ticket, your hotel room, and your meals, but there are also the unseen costs of time taken off work, adjusting to your destination, and the stress of following your itinerary. Adding the cost of travel insurance to your bottom line might seem like just one more burden or added expense, but in the event you end up needing it, buying the right insurance can be the best decision you make for…
Read More

5 Tips for a Successful Staycation

Posted by byronellis on June 8, 2018

So you need a break from work and it’s time to get away. You get excited and pull up an internet search only to see large dollars associated with airfare, hotel, and all of the fun stuff that you want to do. And if you have a large family you might as well start figuring out who will loan you the money to take your next vacation. (For the record, never borrow money to take a vacation!) Read More