Submitted by Wells Financial Management, LLC. on October 24th, 2017
Submitted by Wells Financial Management, LLC. on October 19th, 2017
Deciding whether to lease or buy a car is a nuanced question. It can often amount to more than a simple dollar analysis. It depends also on your lifestyle and vehicle preferences. Theoretically, you can get “more car” for your money by leasing, and you can have the latest, and greatest in technology and other perks since you will trade it in for a new model when the lease ends. On the other hand, you will never own your vehicle or have equity in it and you will continuously have a car payment. There are a host of factors to consider when making this decision.
Submitted by Wells Financial Management, LLC. on October 12th, 2017
Running is one of the most efficient sports. Other than swimming, few sports burn more calories per minute. Some claim that long distance cycling is more effective because it puts less strain on your body, allowing you to continue to burn calories after your body would have begun to fatigue if running. However, running is arguably more accessible than cycling. Running is also one of the most cost efficient sports to participate in, it’s basically just the cost of shoes, and maybe a few races a year. However, with high quality running shoes averaging $120 at list price and races ranging widely in cost, these can add up. Here is a quick look at how to streamline your running spending.
Submitted by Wells Financial Management, LLC. on September 27th, 2017
It’s just now the middle of October, but it’s never too early to start planning for the upcoming holidays. Once Halloween gets here, time just flies by. Planning ahead is key for the next few months. Here are some ways that planning ahead can save both your budget and your sanity this holiday season.
Submitted by Wells Financial Management, LLC. on September 19th, 2017
Can you save money with solar panels? Especially in a town like Asheville, everyone always knows the proverbial “guy” who claims to be getting a credit back from the power company because their solar panels are feeding energy back into the electric grid. Does such a scenario exist?
Submitted by Wells Financial Management, LLC. on September 18th, 2017
Finding true love will cost you. Even if you don’t find true love, it’ll cost you. According to Match.com’s annual “Singles in America” survey, single Americans spend about $1,596 a year on dating. This was taking into account meals, drinks, and coffees, dating service fees, (like site memberships) and match makers, and, perhaps unfairly, date preparation costs. Interestingly, this number did not vary much between genders; men reported closer to $1,855 and women $1,423.
Submitted by Wells Financial Management, LLC. on September 14th, 2017
Understanding the salary arc that occurs during one’s career is key to smart financial planning. Many people simply bank on the idea that as they age and gain experience they will continue to receive commiserate increases in compensation. While in some industries, where accumulated experience holds high value, for example law, there are on-going increases in earning potential, however, in many other fields, workers “max out” their value much earlier than they might anticipate.
Submitted by Wells Financial Management, LLC. on September 12th, 2017
Congratulations! Having a child is a life-changing event. We know that all of the information regarding a new child can be overwhelming. Here are just a few considerations when you have a new baby.
Submitted by Wells Financial Management, LLC. on September 7th, 2017
When you think of stocks you may think of some of the larger companies that you see in the paper or on the news. Those are just one type of stock, and there are multiple ways of classifying stocks. Stocks can be classified based on where they’re from, as well as other characteristics such as company size. Here are a few of the different classifications of stocks that are available. Don’t forget that a stock can sometimes fit in more than one category at a time.
Submitted by Wells Financial Management, LLC. on September 5th, 2017
Thankfully, budgeting is not a one-size fits all plan. You have many different options for budgeting, from only using cash to pay for things to using apps. It may also take trying a few different budgeting styles to figure out what works best for you and your specific situation. Here are a few options you can try.
As soon as the weather warms up, it’s hard to not think about summer. You don’t have to take an expensive vacation to have fun this year. Here are a few ideas for fun this summer if you’re on a budget.