Today, the average college graduate owes $38,375 in debt, while the average salary for a recent graduate is $68,516.
Preparing for college means setting goals, staying focused, and tackling a few key milestones along the way—starting in the first year of high school.
Whether through inertia or trepidation, investors who put off important investment decisions might consider the admonition offered by motivational speaker Brian Tracy, "Almost any decision is better than no decision at all."
This investment inaction is played out in many ways, often silently, invisibly, and with potential consequences to an individual’s future financial security.
Let's review some of the forms this takes.
April is National Financial Literacy Month, providing an excellent opportunity to enhance your understanding of personal finance. Whether you're starting your financial journey or have years of experience, improving your knowledge of saving and budgeting is always beneficial.
Tax season can bring a bit of relief, especially if you’re one of the lucky ones receiving a tax refund. While it’s tempting to splurge on that new gadget or a vacation, consider the future implications of how you choose to use this influx of cash. Investing all or part of your tax refund can be a powerful step towards securing your financial future.
As we move through the month of March, it’s time to celebrate National Credit Education Month. This initiative highlights the importance of understanding credit and empowers consumers to take control of their financial futures. One of the most fundamental aspects of credit education is understanding credit scores—what they are, how they are calculated, and steps you can take to improve them.
This guide will explore how tax filing may look different this tax year and what you can do to prepare. Remember that this guide is for informational purposes only and is not a replacement for real-life advice, so consult your tax, legal, and accounting professionals before modifying your strategy.
Valentine's Day is a celebration of love, and what better way to honor your relationship than by planning a future together? Financial planning might not sound romantic at first, but it can be a powerful way to strengthen your bond and ensure a prosperous future. Here's how you can fall in love with financial planning this Valentine's Day.
Save on taxes and donate more to your favorite charities by using a donor-advised
fund, or DAF. Here’s how to maximize your giving with this strategic approach.
As the holidays approach, so does a major increase in spending. Americans spend an average of $461 billion
on retail purchases during December, at least $73 billion more than in any other month (Census Bureau, 2024).
This Christmas The Hancock Group, Inc. wants to thank our military for their service by supporting the "Stockings for the Troops" program, which sends stockings to men and women in all branches of our Armed Forces who will spend this Christmas holiday on deployment.
The year 2024 has flown by and the holidays season will soon be upon us. That means time is running out on year-end IRA deadlines. You will want to be sure to get the following three IRA-related tasks done sooner rather than later to avoid penalties and missed opportunities:
No matter where you are on the road of life, we all have similar needs and face similar challenges.
That's why life insurance can play such a key role in your overall financial strategy.
