Feeling Stressed Out? We Can Help.

27th April 2021

In honor of Financial Literacy Month, the professionals at Heritage Financial are sharing their go-to resources for building and maintaining financial knowledge. Why is this so important? Well…

WORLDWIDE, ONLY 1/3 OF ADULTS UNDERSTAND BASIC FINANCIAL CONCEPTS.

And according to a survey by Capital One, finances are the number one cause of stress for Americans.

So, whether you are just starting to get organized around building and tracking your wealth…or you are looking for ways to learn more about markets, economies, and investing…learning more about finances is important to your wealth and your health.

And we can help. Regardless of your level of sophistication on finance topics, the professionals at Heritage Financial have a resource for you.

And, if you’re a Heritage client, make sure you read through to the end for a bonus tool that you get for free as part of our service offering.

Recommended Resources

Just getting started on your financial journey? Wealth Manager Kevin Webber recommends Ramit Sethi’s book: I Will Teach You to be Rich. According to Kevin, “Ramit is a master at helping people focus on the decisions that make a big impact instead of spending a bunch of time debating the small stuff”.

 

Ladies, this one is for you

We’ve told you that women make ideal long-term investors. A perfect example of that is Heritage Financial Research Analyst, Andreane Bolduc. She recommends Millie Magazine, an online resource created to help women learn more about money and investing.

“But we also know that many women don’t like talking about finances”, Andreane reminds us. At Heritage, we’re tackling this problem head on. We’ve invited wealth psychologist Kathleen Burns Kingsbury to speak to our female clients, friends, and partners about overcoming the money talk taboo at a very special event on Wednesday, May 26th. We’ll be raffling off several copies of Kathleen’s book, Breaking Money Silence, following the event. If you want to be eligible to win, simply register for the event and make sure you attend!

You can’t manage what you don’t track.

Our Wealth Advisor Team has lots of favorite apps they recommend to clients to help them keep financial data organized and easy to access. If you are just starting to build your wealth, Chris Ruta recommends MINT for budgeting and expense tracking. Mint is also rated Best Overall on the list of 8 Best Personal Finance Apps of 2021 by thebalance.com.

Think finance is a complex topic?

It can be. But that’s no reason to shy away from learning more. Our Director of Financial Planning, Ed Jastrem, suggests making it easier and fun with the Sketch Guy. Carl Richards is the creator of the Sketch Guy column, which has appeared weekly in The New York Times since 2010. He takes complex financial concepts and sketches them out in simplistic ways to make it easier to learn.

Meanwhile, our Chief Investment Officer, Bob Weisse, reminds us how much finance impacts our daily life. “Do you want to know the average 30-year fixed mortgage rate? Are you about to travel to Europe and curious about the current U.S. Dollar/Euro exchange rate? There is one place where you can go to answer these questions and many more – just ask FRED!” FRED is short for Federal Reserve Economic Data where there is a wealth of data, along with explanations for each data point that has been collected by the government for decades.

Exclusively for our Clients

Here’s a resource that’s near and dear to the heart of our Chief Operating Officer, Ann Smith. “If you are a client of Heritage, our online portal makes keeping all of your important financial information in one place easy. And, you can check in at any time to see your positions, trades, performance, and more. If you haven’t taken advantage of your portal access yet, this short video will show you everything you are missing!”

Want Even More?

Every week we are blogging on topics related to finance, investing, markets, economies, legislation, and more. Check our some of our most popular recent blogs, and make sure you are a subscriber.

Will I Get a Stimulus Check? And Other Questions About the American Rescue Plan

3 Ways Women Can Boost Confidence Around Money and Investing

Better Than Investing in Gold

Ready to go beyond the basic stuff?

You don’t want to miss Beyond the Basics, written by our President, Sammy Azzouz and reviewed by the Senior Associate Dean for Executive Education at the Harvard Business School. Sammy’s multiple 5-star review book focuses on the key decisions that will increase your wealth.

We could go on, but for now we’ll leave it here and just encourage you to keep learning! And if you want to share your favorite financial literacy resources, send us a message HERE.

Kristin Castner, CFA

Kristin Castner, CFA

At Heritage Kristin is responsible for overall marketing strategy, with a focus on communicating the firm's message to clients and prospects and creating outreach programs to engage clients, partners and prospective clients.

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