The Role of Insurance in Financial Planning
Financial planning involves thoughtfully outlining objectives and setting goals in your Life Plan. With anything, the possibility of running into obstacles, options, and challenges throughout your financial journey is unavoidable. That’s why it is important to implement some sort of checks and balances to mitigate these challenges. Insurance is one of the best ways to […]
Key Questions to Discuss with Your Estate Planner
Estate planning is an essential step to help protect the wealth that you’ve spent your life building. Meeting with an estate planner will help to create a comprehensive plan that will allow your assets to effectively pass to your assigned beneficiaries. Creating this initial plan can feel overwhelming, and we are here to help you […]
High Inflation…It’s a Good Thing
Ok now that you’ve recovered from falling off your chair after reading the tile of this blog, let me explain. Inflation is one of the biggest challenges in achieving, and maintaining, financial independence. The low inflation we have experienced for decades has made many of us lazy when it comes to spending. Now is the […]
Your Emergency Fund: How Much is Enough?
Have you ever had one of those months? The water heater stops heating, the dishwasher stops washing, and your family ends up on a first-name basis with the nurse at urgent care. Then, as you’re driving to work, you see smoke coming from under your hood. Bad things happen to the best of us, and […]
How Strong Are Your Passwords?
How long do you think it would take a hacker to crack your current passwords? On average, it takes a hacker about 2 seconds to crack an 11-character password that only uses numbers. See the attached chart that illustrates the time it takes for a hacker to brute force attack your password. A brute force […]
Financial Advisory and a Service-Centered Approach
Financial advisory firms have historically endured a bad reputation – either because they were too expensive, or they only helped people with lots of money to invest, or they were trying to sell clients a product or plan that didn’t align with the heart of their goals and situation. Too many Americans don’t think they […]
Is it time to Re-evaluate your Financial Plan?
Re-evaluating your plan and re-evaluating your opportunities is really important. According to Northwestern’s 2020 Planning and progress study, 71% of Americans feel their financial plan could use some improvement. So maybe you have a plan, but you’re saying, “Maybe I can use some improvement”. At Trilogy Financial we look at the work that’s been done […]
The Knowns & Unknowns
Here’s a tip: Review your spending habits. It’s really hard to mitigate or manage financial anxiety if you don’t have a clear sense of your spending. When talking with clients, questions that come up all the time are “Where’s my money going? I don’t know where all of our dollars go, we’re making a good […]
Tax Refund Scams
Tax-related fraud and identity theft have continued to grow, with millions of people becoming targets. Scammers need little more than your Social Security number and other general information to file a fraudulent tax return and hijack your tax refund. Taxpayers typically don’t discover the fraud until they attempt to file their own returns, which is […]
Cell Phone Security
As scammers get more sophisticated, be sure to protect yourself and your access points, such as your smartphone. Start by making sure your phone is encrypted. Most phones, such as iPhones, Google Pixels and post-2018 Samsung phones are encrypted by default. Should you have a different model, search online for instructions on how to encrypt […]
