Categories

Archive

Hilltop Views

From category archives: Hilltop Blog

Personal Finance 101

Personal Finance 101 – A Market Volatility Survival Guide

Personal Finance 101 – A Market Volatility Survival Guide

For many Millennials, 2020 may be your first time dealing with extreme market volatility. When investment prices start swinging wildly, it can be easy to make mistakes. If you hope to avoid some of the most common pitfalls, check out our Market Volatility Survival Guide.

Read the rest of entry »

Personal Finance 101 – How Does the SECURE Act Affect Younger Investors?

Personal Finance 101 – How Does the SECURE Act Affect Younger Investors?

If you’re a young adult, it may be easy to miss or ignore the news about the SECURE Act, which changes the rules for retirement investing. But the law may give you some new planning options, even if retirement seems far away. 

Read the rest of entry »

Personal Finance 101 – New Year’s Resolutions for Your Retirement Plan

Personal Finance 101 – New Year’s Resolutions for Your Retirement Plan

Young professionals, if you’re looking to make a resolution that’s easy to keep and has lasting benefits, we’re here to help. Advisor Brittany Mollica suggests simple New Year’s Resolutions for Your Retirement Plan.

Read the rest of entry »

Personal Finance 101: How to Save Money on Food (A Quick Guide That Doesn’t Involve Ramen Noodles)

Personal Finance 101: How to Save Money on Food (A Quick Guide That Doesn’t Involve Ramen Noodles)

Brittany Mollica shares seven easy dining tips to make your body AND your budget healthier.

Read the rest of entry »

Personal Finance 101 – Do You Really Need Disability Insurance?

Personal Finance 101 – Do You Really Need Disability Insurance?

If you lose income because you’re too sick or injured to work, the financial cost to you and your family can be devastating. If a catastrophic event has such high odds, it makes sense to plan for it.

Read the rest of entry »

Personal Finance 101 – IRAs: Are You Team Traditional or Team Roth? Part Two

Personal Finance 101 – IRAs: Are You Team Traditional or Team Roth? Part Two

You’ve mastered the basic differences between a Traditional and a Roth IRA (by reading part one of this post) and you’re ready to start saving. Now, which type of account should you use? 

Read the rest of entry »

Personal Finance 101 – IRAs: Are You Team Traditional or Team Roth? Part One

Personal Finance 101 – IRAs: Are You Team Traditional or Team Roth? Part One

You’re a saver, and you’ve heard that contributing to a Traditional or Roth IRA is a good tax move. But you may be bewildered about the difference and trying to decide which one is for you. We’re here to help! This post is part one of two and will discuss the rules of Traditional and Roth IRAs.

Read the rest of entry »

Personal Finance 101 – 5 Steps to Become the Boss of Your Budget

Personal Finance 101 – 5 Steps to Become the Boss of Your Budget

Budgeting does not have to be difficult or time-consuming. It can actually be comforting to know that you have a plan for your money, especially if that includes a regular Starbucks run! To help you get started, here are five simple steps for creating a basic budget.

Read the rest of entry »

Personal Finance 101 – Income Taxes Made Easy … Well, Easier

Personal Finance 101 – Income Taxes Made Easy … Well, Easier
By: Brittany Mollica As a young professional, you may think you’re too busy to learn how your tax return works. Whether you’re new to adulting and filing on your own for the first time or you’ve been filing for a few years and want to actually understand it this time, you don’t need to be intimidated by the 1040. In this post we will give you an overview of Form 1040, explaining the different sections of the form while also giving you some tips so that filing your taxes can be as smooth and painless as possible. Note that all guidelines and numbers included in this article are based on 2018 rules. Section 1: This should be the easiest part – listing your personal information. In this section, you identify yourself, your spouse (if married) and your dependents (if you have any) as well as select your filing status: Single - Fairly self-explanatory. Your household is just you – no spouse or dependents. Married Filing Jointly - This filing status combines ...

Read the rest of entry »

Personal Finance 101 - Building Your Emergency Fund

Personal Finance 101 - Building Your Emergency Fund
By: Brittany Mollica When we meet a new client, one of the first financial planning topics we review is a cash reserve – money set aside in savings as an emergency fund. Why? The reason your cash reserve is so important: you can never predict when your car is going to break down, when you might lose your job or when you’ll need to take a trip to Urgent Care. These surprise expenses can be costly, and you don’t want to be forced to withdraw from your retirement accounts or take on credit card debt just to pay the bills.  How? It’s often best to set up an emergency fund separate from your regular checking account. You will want to keep this money in a savings or money market fund, which will pay you a slightly higher interest rate than your checking. These types of accounts are very liquid, meaning you can access the money at any time, and you won’t have to worry about losing value in the stock market.  How Much? Generally speaking, you will want to have at le ...

Read the rest of entry »

Pages: Previous12NextReturn Top