Services We Provide
Finances are a lot easier to deal with when you're handling them with a professional. Let us help you plan for your future.

* Financial Planning

* Retirement Planning

* Investment Management

* Insurance Management

* Estate Planning

* Tax Planning

* Life/Accident/Health Insurance Long Term Care Annuities

* Wealth planning for couples: How to wisely merge your financial plans

Money can often be a sensitive topic in relationships, but it is also one of the most critical areas to address openly with your partner. Whether you are in the early stages of your relationship or have been together for many years, transparent communication about finances can significantly strengthen your bond and prevent potential misunderstandings or conflicts in the future.

Financial harmony doesn’t just happen by chance – it requires effort, understanding, and deliberate conversations. To ensure that you and your partner are on the same page when it comes to money.

Figure Out Your Finances

Take an honest look at your entire financial situation — what you own and what you owe. This is a “net worth statement.” On one side, list what you own. These are your “assets. ” On the other side, list what you owe. These are your “liabilities” or debts. Subtract your liabilities from your assets. If your assets are larger than your liabilities, you have a “positive” net worth. If your liabilities are larger than your assets, you have a “negative” net worth.

You’ll want to update your “net worth statement” every year to keep track of how you are doing. Don’t be discouraged if you have a negative net worth -- following a financial plan will help you turn it into positive net worth.

The next step is to keep track of your income and expenses. Write down what you and others in your family earn and spend each month, and include a category for savings and investing. If you are spending all your income, and never have money to save or invest, start by cutting back on expenses. When you watch where you spend your money, you will be surprised how small everyday expenses can add up. Many people get into the habit of saving and investing by paying themselves first. An easy way to do this is to have your bank automatically deposit money from your paycheck into a savings or investment account.

Pay Off Credit Cards or Other High Interest Debt
No investment strategy pays off as well as, or with less risk than, eliminating high interest debt. Most credit cards charge high interest rates -- as much as 18% or more - if you don’t pay off your balance in full each month. If you owe money on your credit cards, the wisest thing you can do is pay off the balance in full as quickly as possible. Virtually no investment will give you returns to match an 18% interest rate on your credit card. That’s why you’re better off eliminating all credit card debt before investing. Once you’ve paid off your credit cards, you can budget your money and begin to save and invest.

Money Management Advice

Golden Rule #1: Don't Spend More Than You Make. Basic money management starts with this rule. ...
Golden Rule #2: Always Plan for the Future. Get into the habit of saving money by paying yourself first. ...
Golden Rule #3: Help Your Money Grow. ...

KBA WEALTH MANAGEMENT GROUP
We provide a step-by-step guide to building your portfolio. Whether you're just starting out or already invested, this disciplined approach can help you .

Investment advisory services offered through CS Planning Corp, an SEC registered investment advisor.

Advisory services are only offered to clients or prospective clients where CS Planning Corp, doing business as KBA Wealth Management and its representatives are properly licensed or exempt from licensure.

This website is solely for informational purposes. Past Performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered unless a client service agreement is in place.

The content of this website is developed from resources believed to provide accurate information. Information included within this website is intended as tax or legal advice. Please consult your legal or tax professionals for specific information regarding your individual situation. Opinions expressed and material provided are for general information and should not be considered individualized advice or a solicitation for the purchase or sale of any security.