Financial Tips
We believe the key to financial freedom is staying informed and continually educating yourself on your financial investments, decisions, and life.
Below you will find some educational information and resources that we have compiled to help you on your road to financial freedom.
May Brings a Nationwide Celebration of 529 Day
🏦 Wisdom Wednesday with Viva Financial 🏦 May 29th marks the nationwide celebration of 529 Day, an opportunity to highlight the many benefits of 529 college savings plans. As higher education costs continue to soar, many parents find themselves faced with the nagging...
6 Questions About 529 Plans
🏦 Wisdom Wednesday with Viva Financial 🏦 What parents need to know about saving for college - If you’re saving for your child’s higher education, you probably have a lot of questions besides “When did college get so incredibly expensive?” One popular savings tool...
Starting Young- Setting up a Savings Account for Your Child
🏦 Wisdom Wednesday with Viva Financial 🏦 One of the most effective ways to teach children about money management is by encouraging them to open a savings account. A savings account not only teaches children about the importance of saving money, but it also provides...
Unnecessary Spending
💲Wisdom Wednesday with Viva Financial💲 We've all heard the coffee strategy at some point in our lives, right? "You make your coffee at home for a year and you'll save x number of dollars." And while that sounds great in theory, it may not be the most practical...
Summer: Great Time To Teach Kids About Money
👧 Wisdom Wednesday with Viva Financial 👦 A four- or five-year-old child may seem too young to grasp the concept of money management, but even at an early age, children waiting in a supermarket checkout line can see that money buys things. Therefore, it is important to...
April is National Financial Literacy Month
🌷 Wisdom Wednesday with Viva Financial 🌷 Welcome to April! As you may know by now, part of our mission here at Viva is to help make financial literacy accessible to everyone. We believe a large part of financial freedom comes in being able to have honest, well...
How to Prepare and Invest in the Right Majors
Wisdom Wednesday with Viva Financial With graduation season around the corner, you may have questions about how to help your child prepare for and decide the best career trajectory. Here is some information on what to consider when talking about degree options....
SIlicon Valley Bank is The 2nd Largest Bank Failure
🏦 Wisdom Wednesday with Viva Financial 🏦 By now, most of us heard about the SVB failure. But what you may not know, is that the FDIC is designed for situations like this. Here is some helpful information about what it means and what to look for moving forward. ...
As Volatility Increases, So Does Retirement Worry
Wisdom Wednesday with Viva Financial Getting ready for retirement involves more than just calculating how much you will need and the rate you can draw down your savings. The years before you retire is a crucial time to prepare both financially and psychologically. ...
Market Insights- March
Market Insights March 2023 Increase in pending home sales fuels market as 9 of the 11 sectors of S&P 500 end the week in the green. Market Insights 030323 As always, if you have any questions or would like to schedule your complimentary consultation, please...
How Criminals Can Manipulate the Cryptocurrency Market
🤔 Wisdom Wednesday with Viva Financial 🤔 Cryptocurrencies like bitcoin are based on systems that are supposed to be inherently protected from fraud. Yet the U.S. Department of Justice has opened a criminal investigation into manipulation of bitcoin prices. How is that...
Why Don’t We Save More Money?
💰Wisdom Wednesday with Viva Financial💰 Americans used to save a reasonable amount of their income. Unfortunately, now we don’t save as much, and citizens in other Western countries save more. Why do we save less money? And is it different from generation to...