Money Guide With Mary Sterk

Managing your investment portfolio has a lot of moving pieces. In this episode of "Money Guide with Mary Sterk," Mary & Sterk Financial Advisor Kelsey Bankey discuss key pieces of strong portfolio management and share strategies to avoid common pitfalls that investors commonly make. Topics include: Risk Tolerance Level Morningstar Motley Fool Stock Picks Research Strategy Unbiased Data Mutual Funds Asset Class Real Estate Oil Companies Correlation Market Volatility Buy & Sell Criteria Sell in May and Go Away Strategy Subscribe to the “Money Guide with Mary Sterk” podcast on apple podcasts: https://tinyurl.com/3x65ejdm Schedule an appointment with one of our advisors today! https://www.sterkfinancialservices.com/p/contact

Drowning in debt? Or perhaps you just want to get a better handle on how to manage the debt you have. In this episode of "Money Guide with Mary Sterk," Mary & Sterk Financial Advisor Kelsey Bankey present simple strategies to manage your debt in effective ways. Topics include: Home Equity Student Loans Dave Ramsey Debt Snowball Interest Rate Excel Spreadsheets APR Retirement Credit Card 401(k) Retirement Credit Report Subscribe to the “Money Guide with Mary Sterk” podcast on apple podcasts: https://tinyurl.com/3x65ejdm Schedule an appointment with one of our advisors today! https://www.sterkfinancialservices.com/p/contact

Life happens. Job layoffs, sickness, divorce… unexpected events can pop up and derail your financial life. In this episode of "Money Guide with Mary Sterk," Mary & Sterk Financial Advisor Kelsey Bankey dive into four common life events, sharing strategies to cope with the challenge and help you land on your feet. Topics include: Budget Income Expenses Job Loss Car Accident Disability Caregiver Dimentia Alzeiher's Illness Parent Care Hospice Unemployment Emergency Money Collaborative Divorce Child Support Alimony Death Subscribe to the “Money Guide with Mary Sterk” podcast on apple podcasts: https://tinyurl.com/3x65ejdm Schedule an appointment with one of our advisors today! https://www.sterkfinancialservices.com/p/contact

Graduates have a lot of financial things coming at them. High school grads are contemplating how to pay for college, moving out on their own and getting their first real job. College grads today are often faced with large debt loads and poor credit. In this episode of "Money Guide with Mary Sterk," Mary & Sterk Financial Advisor Kelsey Bankey educate you on how to start the next phase of life on the right financial foot - including emergency fund basics, smart budgeting, credit building, and handling student loans. Topics include: Windfall Money The Rule of Thirds Debt Savings ROTH IRA Interest Rates Debt Snowball Car Repair Home Improvement Medical Emergency Taxes Deductions Exemptions Education Subscribe to the “Money Guide with Mary Sterk” podcast on apple podcasts: https://tinyurl.com/3x65ejdm Schedule an appointment with one of our advisors today! https://www.sterkfinancialservices.com/p/contact

Losing your spouse is a devastating emotional blow. It also comes with a unique set of financial issues. In this episode of "Money Guide with Mary Sterk," Mary & Sterk Financial Advisor Kelsey Bankey shine a light on the top five financial issues to focus on if you have lost your beloved partner. Topics include: Unexpected Illness Pension Loss Trauma Emotions Mortgage Moving Property Investments Taxes CPA Benefits Pension Social Security Assets Caregiver Widow Grief Estate Plan Support Group Liquidity Insurance Policies Cash Flow Funeral Arrangements Memorial Services Beneficiaries Safe Deposit Box Passwords Eulogy Pallbearers Bills Will Attorney Legal Documents Financial Planner Subscribe to the “Money Guide with Mary Sterk” podcast on apple podcasts: https://tinyurl.com/3x65ejdm Schedule an appointment with one of our advisors today! https://www.sterkfinancialservices.com/p/contact

A good financial plan has a lot of moving parts. How do you know what should be included? In this episode of "Money Guide with Mary Sterk," Mary draws on her life experience and financial expertise with Sterk Financial Advisor Kelsey Bankey to guide you through the components of a strong plan - one that connects the money you have with the life you want to lead. Topics include: Retirement Fiduciary Net Worth Asset Allocation College Survivorship Estate Planning Will Trust Investments Market Documents Bank Statements Life Insurance Deductible Risk Management Social Security Pay Stubs Aging Parents Subscribe to the “Money Guide with Mary Sterk” podcast on apple podcasts: https://tinyurl.com/3x65ejdm Schedule an appointment with one of our advisors today! https://www.sterkfinancialservices.com/p/contact

Spring is upon us! It's a fresh start, and many people like to freshen their finances! In this episode of "Money Guide with Mary Sterk," Mary & Sterk Advisor Kelsey Bankey share tips to Spring Clean Your Finances. Topics include: Checks Statements Shredding Documents Tax Returns Records Paperless Billing Withholding Tax Refund Tax-free loan Home Inventory Car Insurance Debt Cable Amazon Prime Storage Risk Tolerance Level Asset Allocation Portfolio Retirement Savings Consolidating Accounts Subscribe to the “Money Guide with Mary Sterk” podcast on apple podcasts: https://tinyurl.com/3x65ejdm Schedule an appointment with one of our advisors today! https://www.sterkfinancialservices.com/p/contact

Ever wanted to super-charge your tax deductions for charitable giving? In this episode of "Money Guide with Mary Sterk," Mary & Sterk Advisor Kelsey Bankey share strategies to create massive current-year tax deductions using Donor-Advised Funds. Topics include: Charity Stocks Real Estate Assets Liability Business Gifts Tax Management Family Values Brokerage Account Highly-Appreciated Retirement Inheritance Scholarship Fund Subscribe to the “Money Guide with Mary Sterk” podcast on apple podcasts: https://tinyurl.com/3x65ejdm Schedule an appointment with one of our advisors today! https://www.sterkfinancialservices.com/p/contact

Don’t pay a dollar more taxes than you have to! Sure - this is good advice, but it can be complicated to find every deduction and credit you can take. In this episode of "Money Guide with Mary Sterk," Mary & Sterk Advisor Kelsey Bankey share a few mid-year tax hacks to help keep more of your money in your own pocket. Topics include: Medical Expenses Mileage Charity Fundraising Donations Income Tax Itemizing Personal Property Job Expenses Retirement Travel Moving Expenses Children Grandchildren Interest Education Asset Allocation Subscribe to the “Money Guide with Mary Sterk” podcast on apple podcasts: https://tinyurl.com/3x65ejdm Schedule an appointment with one of our advisors today! https://www.sterkfinancialservices.com/p/contact

March is Irish Heritage Month, but did you know it's also Asset Management Awareness Month? In this episode of "Money Guide with Mary Sterk," Mary & Sterk Financial Advisor Kelsey Bankey share key strategies you should be aware of when investing your hard-earned money. Topics include: Diversification Asset Allocation Investment Mutual Fund Growth Fund Squeue Risk Tolerance Level Market Upswing Portfolio Management Retirement Quality Control Systematic Process Algorithm ETFs Stocks Subscribe to the “Money Guide with Mary Sterk” podcast on apple podcasts: https://tinyurl.com/3x65ejdm Schedule an appointment with one of our advisors today! https://www.sterkfinancialservices.com/p/contact

Emotions play a very powerful role in our decision-making, but investment decisions based in logic tend to have a better outcome. In this episode of "Money Guide with Mary Sterk", Mary explains some ways to help you control your emotions so they don't impact your investment decisions in a negative way. Topics include: Economy Recession Market Cycle Down Market Bankrupt Stock Market Portfolio Experts Professional Advice Plunge Inflation Interest Rates Job Market Budget Income Subscribe to the “Money Guide with Mary Sterk” podcast on apple podcasts: https://tinyurl.com/3x65ejdm Schedule an appointment with one of our advisors today! https://www.sterkfinancialservices.com/p/contact

Can you lay your hands easily on your birth certificate? That is a perfect test for how organized you really are! In this episode of "Money Guide with Mary Sterk," Mary & Sterk Financial Advisor Kelsey Bankey share tips about what financial information to focus on organizing. Topics include: Loan Documents Digital Assets Paper Trail Online Filing System Identity Theft Passport Insurance Policy Deeds Bank Accounts Tax Records Subscribe to the “Money Guide with Mary Sterk” podcast on apple podcasts: https://tinyurl.com/3x65ejdm Schedule an appointment with one of our advisors today! https://www.sterkfinancialservices.com/p/contact

The biggest threat to your portfolio is unbridled emotion. Listen to this episode of "Money Guide with Mary Sterk" as Mary & Sterk Financial Advisor Kelsey Bankey explain how to gain a strong understanding of the most important foundational investment principles, beginning with emergency funds. Topics include: College Savings Emergency Fund Stocks & Bonds Portfolio Asset Allocation Down Market Fear International Market Oil Industry Risk Tolerance Income Economics Car Insurance Liquidity 401(k) Savings Time Horizon Retirement Subscribe to the “Money Guide with Mary Sterk” podcast on apple podcasts: https://tinyurl.com/3x65ejdm Schedule an appointment with one of our advisors today! https://www.sterkfinancialservices.com/p/contact

The primary goal of estate planning is to protect and preserve your family, not your assets. In this episode of "Money Guide with Mary Sterk," Mary & Sterk Financial Advisor Julie Chadwick share how a Family Love Letter can help you do just that. Topics include: Legacy Greed Love Loss Living Will Estate Planning Assets Personal Property Disposal Beneficiary Designations Life Insurance Retirement Funds Medical Power of Attorney Ethical Will Mortgage Home Insurance Banker Financial Advisor Social Security Subscribe to the “Money Guide with Mary Sterk” podcast on apple podcasts: https://tinyurl.com/3x65ejdm Schedule an appointment with one of our advisors today! https://www.sterkfinancialservices.com/p/contact

Your 401(k) might become one of your biggest financial assets. In this episode of "Money Guide with Mary Sterk," Mary & Sterk Financial Advisor Kelsey Bankey learn simple guidelines and tools to help maximize the power of your 401(k). Topics include: Retirement Starbucks Inflation Investments Asset Classes Diversification Lifestyle Funds Target Date Funds Asset Allocation Divorce Beneficiary The Rule of 72 ROTH 401(k) Tax-Free Tax Deductions Limits Subscribe to the “Money Guide with Mary Sterk” podcast on apple podcasts: https://tinyurl.com/3x65ejdm Schedule an appointment with one of our advisors today! www.sterkfinancialservices.com/p/contact

Divorce is difficult - emotionally and financially. In this episode of "Money Guide with Mary Sterk," Mary & Sterk Financial Advisor Kelsey Bankey will educate you about important factors to consider as you move through your divorce towards a brighter future. Contact us today for a Divorce Checklist and ask us about our Divorce Financial Planning Program 605-217-3555. Topics include: 401(k) ROTH IRA Non-Qualified Money Inheritance Assets Attorney Counselor Therapist Collaborative Divorce Children Liquidity Budget Subscribe to the “Money Guide with Mary Sterk” podcast on apple podcasts: https://tinyurl.com/3x65ejdm Schedule an appointment with one of our advisors today! www.sterkfinancialservices.com/p/contact

The New Year is a great time to overhaul your financial life for the better, and one excellent place to start is by making good financial resolutions. In this episode of "Money Guide with Mary Sterk," Mary & Sterk Financial Advisor Kelsey Bankey share 7 smart resolutions to get your New Year off to a great start! Topics include: Getting Organized Savings Debt Retirement Financial Software Credit Score Identity Theft Power of Attorney Subscribe to the “Money Guide with Mary Sterk” podcast on apple podcasts: podcasts.apple.com/us/podcast/mone…rk/id1126426770 Schedule an appointment with one of our advisors today! www.sterkfinancialservices.com/p/contact

It's time to jump-start 2023! In this episode of "Money Guide with Mary Sterk," Mary & Sterk Financial Advisor Julie Chadwick share smart resolutions for you to think about the year ahead and improve yourself from a financial standpoint. Topics include: Credit Score Emergency Fund Savings Beneficiaries Per Stirpes Will Testamentary Trust Power of Attorney Subscribe to the “Money Guide with Mary Sterk” podcast on apple podcasts: podcasts.apple.com/us/podcast/mone…rk/id1126426770 Schedule an appointment with one of our advisors today! www.sterkfinancialservices.com/p/contact

The SECURE Act 2.0 will affect most people at some point in their life. In this episode of "Money Guide with Mary Sterk," Mary explains the new law with some preliminary information to help you understand what you need to know at this time. Topics include: ROTH IRA Required Minimum Distribution Retirement Beneficiaries Taxes IRS Tax Penalty 401(k) Catch-up Contributions Rollover 529 Tax-Free Benefits Subscribe to the “Money Guide with Mary Sterk” podcast on apple podcasts: podcasts.apple.com/us/podcast/mone…rk/id1126426770 Schedule an appointment with one of our advisors today! www.sterkfinancialservices.com/p/contact

As the end of the year approaches, you may want to take stock to see if there are any strategic tax strategies you need to implement by year's end. In this episode of "Money Guide with Mary Sterk," Mary & Sterk Advisor Kelsey Bankey share insights about smart year-end tax planning that you may want to look into - before it's too late! Topics include: Long-Term After-Tax Returns Tax Code Non-Qualified Investment Portfolio Retirement Tax Loss Harvesting Offsetting Losses Short-Term Gains and Losses Long-Term Gains and Losses Mutual Funds ETFs Wash Sale Rule Gifting Tax Bracket Bracket Bumping ROTH IRA Conversions Pre-Payment of Business Expenses Subscribe to the “Money Guide with Mary Sterk” podcast on apple podcasts: podcasts.apple.com/us/podcast/mone…rk/id1126426770 Schedule an appointment with one of our advisors today! www.sterkfinancialservices.com/p/contact