Byron Stahl Financial Services

01/17/2022

"The ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands in times of challenge and controversy." -Martin Luther King, Jr.

04/20/2020

FINANCIAL TIP: Life Insurance

Due to the current pandemic there has been a huge surge in applications for Life Insurance. Whether you are interested in affordable protection for your family or would just like your current policy reviewed, I am here to help.

10/21/2019

FINANCIAL TIP: 50/20/30

According to the 50/20/30 rule, you should consider dividing your monthly budget into three distinct categories of expenses: 50% should be reserved for essentials (think housing and food), 30% should be allocated for lifestyle choices (things like nights out and netflix) … and at least 20% should go toward what we call “financial priorities,” which can include debt payments, retirement contributions and, of course, savings.

05/21/2019

FINANCIAL TIP: Hire a real financial advisor

It’s difficult to be unemotional about your own money. That’s the real purpose of having an advisor.

“You don’t hire a financial adviser because you’re not smart enough to do this yourself. You hire one because they’re not you.” He or she will help get between you and any potential mistakes you may make, even if you were to be in danger of making financial blunders every five or ten years.

When looking for an advisor, choose one who is giving you advice, not selling you something, and who is open about conflicts of interest.

05/13/2019

FINANCIAL TIP: Protect your biggest asset...your ability to earn income.

More than one in four 20-year-olds will experience a disability for 90 days or more before they reach 67. You have home insurance to protect your home, it only makes sense to have disability insurance to ensure your ability to earn income is protected.

05/06/2019

If you have substantial assets in your individual retirement account, these holdings could be significantly diminished by estate and income taxes. Careful retirement and distribution planning can help. Contact me for options that may allow you to pass on more of those qualified funds to your heirs.

01/14/2019

FINANCIAL TIP: 50/20/30

According to the 50/20/30 rule, you should consider dividing your monthly budget into three distinct categories of expenses: 50% should be reserved for essentials (think housing and food), 30% should be allocated for lifestyle choices (things like nights out and 121 channels of cable) … and at least 20% should go toward what we call “financial priorities,” which can include debt payments, retirement contributions and, of course, savings.

01/02/2019

With the New Year comes a chance to change a few things about your life habits. The top resolutions people make include health, organization, experiences, and for many, cleaning up their finances. Whether you are needing help to get started on a path to financial success or need a review of your current finances, I am starting off the year by offering free consultations. Contact me to learn more.

12/19/2018

Should I Buy or Lease An Auto?

Leasing is one method of acquiring a new auto. Although lease payments may seem attractive at times, it may not always be the best financial decision when compared with purchasing the vehicle. Use the following calculator to help analyze the decision of whether to buy or lease.

This calculator compares the financial impact of leasing versus buying an automobile.