Wisdom Financial Management, LLC

09/04/2026

Our outside-meeting friends are back!

Come by to say hi to us and our office mascots :)

09/03/2026

What actually happens when the U.S. government shuts down?

This handy interactive explains which essential government services are affected by a shutdown.

09/01/2026

Value. Growth. Cycles. Underperform. Outperform. Confusing? When was your last Investment IQ test?

Among stock-market investors there’s long been a debate between those who favor value and those who favor growth.

08/27/2026

When dealing with a divorce, there are some secrets to dealing with the stress, especially when it comes to money.

Divorce is the second most stressful time in a person's life. Here's some tips to get through it.

08/26/2026

A pay raise does not always mean a paycheck goes further.

New research found that from February 2021 to June 2022, real wages fell by more than 4% as inflation outpaced many workers’ pay increases. The impact lasted for many households, with 37% of workers in the study earning less in inflation-adjusted terms in December 2024 than they had four years earlier.

Now, a similar squeeze is happening again. In July, the Consumer Price Index rose at a 3.4% annual pace, while hourly wages rose 3.2% over the same period.

When prices rise faster than pay, purchasing power declines. That can make everyday expenses feel heavier, even when income is technically increasing.

When inflation rises faster than workers' wages, it feels like they're getting a pay cut. Companies, meanwhile, benefit.

08/25/2026

The savings rate is the government’s estimate of how much U.S. households are saving.

What can be learned from the savings rate?

08/24/2026

Jim and Joe recently sat down with Great Day Live at our offices to share how Wisdom works and Wisdom cares.

In case you missed seeing this on TV, you can now watch it online on our YouTube and website! Link in the comments.

08/21/2026

In case you missed us on TV, you can now watch our Great Day Live interview online!

Watch the full studio segment on our website and Youtube, linked in the comments. Make sure to also check out our free "Everyman Understanding of Common Financial Professional Terms" guide to learn why the language around financial professionals matters.

Thanks so much to the team at WHAS11 for having us on, we had a great time!

08/20/2026

There are billions in unclaimed dollars in the US. Is some of that yours?

Here’s a quick guide to checking to see if you have unclaimed money.

08/19/2026

Early estimates for the 2027 Social Security cost-of-living adjustment have moved lower as inflation moderates.

New projections suggest the 2027 COLA may fall between 3.4% and 3.6%.

The official adjustment has not been announced yet. The final number will depend on inflation data for July, August, and September.

Social Security COLAs are calculated using the Consumer Price Index for Urban Wage Earners and Clerical Workers, known as CPI-W.

July data showed CPI-W rose 3.4% over the past 12 months. The broader consumer price index also rose 3.4% year over year.

One estimate from AARP suggests a 3.5% COLA would raise the average retired worker’s benefit by about $73 per month.

For retirees and near-retirees, the COLA is an important reminder that inflation can affect income, purchasing power, household expenses, and long-term financial decisions.

New estimates show just how much Social Security benefits may increase in 2027, based on new government inflation data.