How Do You Start a Trust Fund?

How Do You Start a Trust Fund?

A common misconception about trust funds is that they are only meant for the super-rich, but they can greatly help plan your financial future. Trusts are financial vehicles to help protect your assets and to pass them down successfully. Do You Need a Trust Fund? The...
Here’s the 101 on Managing Your Wealth

Here’s the 101 on Managing Your Wealth

Financial planning is an important part of securing your financial future. Knowing you and your family are set to accomplish your endeavors is a satisfying feeling. This is where financial firms like Mooney Lyons can stand out. Seeking advice on wealth management can...
Is a Debt Management Plan Right for You?

Is a Debt Management Plan Right for You?

Debt management plans are financial strategies to help reduce and eliminate unsecured debt. Such debt comes in various spending habits from exceeding credit cards to medical bills. A debt management plan can help you schedule payments to ease your financial burdens....
What Is the 50-30-20 Budget and How Can You Use It?

What Is the 50-30-20 Budget and How Can You Use It?

When you are creating a budget, it can feel very complicated to figure out where your money should be going. You have so many expenses, needs, wants, and you need to think about saving some money as well. How do you balance all of this without becoming frustrated?...
Tax Planning: Should You Use The Standard Deduction or Not?

Tax Planning: Should You Use The Standard Deduction or Not?

With new tax rules now in effect, there is bound to be some confusion about whether people should use the standard deduction or opt for itemized deductions. After all, the most important part of tax planning is ensuring that you don’t pay more in taxes than you should...