Clute Wealth Management

06/24/2026

A home equity line of credit, or HELOC, is something many consider to pay off high-interest debt, but there's more to consider than just the potential lower interest rate. Make sure to think through the pros and cons.

Homeowners with high-interest debt might consider using their home equity to pay it off. One way to do this is by getting a HELOC.

06/22/2026

Our personal finances are just that, personal. But studies show that the "financial culture" of your social circles can have a pretty big impact on how you spend money and perceptions of our finances. Don't forget, you are part of the social circle too, and can be someone who influences the culture of your friend groups.

Our spending habits are often influenced by our social circles. You can help shape what it looks like.

06/21/2026

Today we celebrate all who fill a fatherly role. T all dads, stepdads, grandfathers, uncles, mentors, coaches, guardians, and chosen family, happy Father’s Day! And thank you for helping others grow and thrive.

06/19/2026

Juneteenth celebrates African American resilience and achievement, while preserving history and community traditions. This year the Smithsonian has great online exhibits, resources, and videos about the rich history of Juneteenth and those who led the fight to make it a national holiday in 2021.

Juneteenth is a time to gather as a family, reflect on the past and look to the future. Discover ways to celebrate this African American cultural tradition of music, food and freedom.

06/17/2026

It's alarming that financial literacy among American adults is trending down, when we are in a world where it's getting harder to detect scams, fraud, or know if you're reading accurate information. With gambling more pervasive than ever as well, financial literacy has never been more important!

A TIAA-Stanford University survey found that fewer people can correctly answer questions involving basic financial concepts. See how you fare.

06/15/2026

Planning to start your own business can be very exciting. But don't forget the most important part - planning! Not just the details of what you are selling, but the financial planning too.

Launching a business can be thrilling, but it pays to plan ahead to maximize your chances of success. Here's what to consider (sponsored by AT&T).

06/12/2026

Transitioning from a founder, or any long-time owner, has a lot of inherent risks, especially for small businesses. Planning ahead (starting even earlier than you probably think) can help to mitigate many of those risks.

Small and medium-size businesses employ nearly 46% of Americans and there are 6 million small businesses expected to go through an ownership transition by 2035.

06/10/2026

As a small business owner, things can be a little different than if you're the owner of a large business. Avoid these 5 common mistakes that might be hurting you without even realizing it:
1. Not understanding standard bookkeeping forms.
2. Underestimating cash flow/ Not enough set aside for expenses.
3. Trying to do everything completely on your own.
4. Not having crucial legal documents in place, especially if you have a business partner.
5. Having combined personal and business accounts.

Disclosure: The opinions voiced in this recording are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making a decision. #1119131 on 6/3/26

As a small business owner, things can be a little different than if...

06/08/2026

Starting July 1 this year, student loans and the repayment systems will see an overhaul. Make sure you understand your options and are active in making the decision on the change, or else the government will choose a new plan for you.

Starting July 1, millions of borrowers will need to choose from a new menu of repayment options as the Trump administration enacts major changes to the student loan system.

06/08/2026

As a small business owner, things can be a little different than if you're the owner of a large business. Avoid these 5 common mistakes that might be hurting you without even realizing it:

1. Not understanding standard bookkeeping forms.
2. Underestimating cash flow/ Not enough set aside for expenses.
3. Trying to do everything completely on your own.
4. Not having crucial legal documents in place, especially if you have a business partner.
5. Having combined personal and business accounts.

If you want to read more tips for business owners, see our article on transition planning: https://www.clutewealthmanagement.com/design/money-and-you/family-business-succession-planning-5-steps-to-avoid-a-worst-case-transition

Disclosure: The opinions voiced in this recording are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making a decision.

#1119131 on 6/3/26