Financial Literacy 101: Key Concepts Every Adult Should Know
Despite money being one of the most important aspects of life, most of us are never taught the basics of personal finance or financial planning in school. However, financial literacy is fundamental to building a secure life. It’s the knowledge and understanding of various financial concepts and principles that enable individuals to make informed and responsible decisions regarding their money. Unfortunately, many people lack the necessary financial knowledge to manage their finances effectively, leading to debt, poor investments, and financial instability. Below, we will explore the key concepts every adult should know to improve their financial literacy and secure […]
Balancing Leisure and Finances in Early Retirement
Early retirement is a dream for many, offering the promise of more free time and the opportunity to enjoy life to the fullest. However, transitioning into early retirement also comes with unique financial challenges. Achieving the right balance between leisure and finances is key to ensuring a secure and fulfilling early retirement. This article is meant for those planning for early retirement or considering it, and we’ll explore strategies for striking that balance and provide additional insights for a more comprehensive approach.
Preparing for the Next Chapter: Transitioning from 9-to-5
The transition from a traditional 9-to-5 job to retirement is a significant milestone in life. It’s a journey filled with anticipation, excitement, and some uncertainty. Preparing for this next chapter requires careful planning, both financially and emotionally – an aspect that many new retirees overlook. If you’re retiring soon, read on as we explore key steps to help you with navigating retirement and making a smooth transition from the working world to your golden years.
The Myths & Realities of Social Security in 2024
Social Security has long been a critical component of retirement planning for millions of Americans – and chances are it will factor into your retirement income plan, too. However, it’s a program often surrounded by myths and misconceptions. In 2024, it’s essential to debunk these myths and understand the current realities of Social Security to make informed decisions about your retirement. Let’s explore some common Social Security myths and the corresponding realities about this longstanding program.
Gaining Independence Through Social Security Benefits
Social Security is a cornerstone of financial security for many retirees. In fact, about 40% of Americans rely on it as their sole source of income in retirement. While it’s best to have additional income streams, this government benefits program does provide a reliable source of income to help support a comfortable retirement. So, as you plan for your future, understanding how Social Security benefits work and how to maximize them with your personalized Social Security strategy is essential. By doing so, you can enjoy greater financial freedom and peace of mind in your golden years.
Mid-Year Adjustments to Ensure End-of-Year Success
If you’re like most people, you set goals for yourself in the New Year, and one more of them may have been financial in nature. If you feel like your resolutions have fallen by the wayside, you’re not alone. Luckily, the mid-year point offers a perfect time to assess your financial journey so far and make strategic adjustments to finish the year strong. Below, we’ll walk you through a mid-year financial check-in to help you set the stage for a prosperous year-end and beyond.
Annual Thanksgiving Meal Drive
Robin, along with her family, friends and Mount Olive Brethren Church have been assembling Thanksgiving meals for those in need since 2008! For weeks leading up to Thanksgiving our family shops for all the necessary ingredients for a traditional holiday meal. This year we were able to provide for 80 families to cook a Thanksgiving meal! We are abundantly blessed and grateful to help others in our community!
Staunton Youth Bowling League Sponsor
Robin is a sponsor for the Staunton Youth Bowling League. This league encourages youth to get involved in local, state and national bowling events and tournaments. She proudly sponsors since her granddaughter is an avid bowler in the league. Because of her sponsorship they were able to bring in PBA bowlers for a youth clinic and also hold two Adult/Youth no-tap tournaments! The league was also able to purchase brand new Cash Financial spare balls to give as prizes for various events.
2022-2023 Wilson Memorial High School Sponsor
Robin is a Gold sponsor for Wilson Memorial High School 2022-2023 sports season. Her donation helps buy new uniforms for student athletes. She is a proud sponsor since both of her grandsons (pictured) play football for Wilson.
Staunton Innovation Hub Conference Room
The Cash Financial Team displays their commitment to supporting entrepreneurs by sponsoring a conference room at the Staunton Innovation Hub. The Innovation HUB is a co-working space that eliminates distractions by providing high-speed internet, meeting spaces, and an A/V room for motivated professionals. Our team is excited to watch the Cash Financial Conference Room become a place where big ideas can be brought to life!
