With the unofficial beginning of summer, we can expect many clear, blue-sky days and perfect beach weather. However, we will also see intermittent days of dark clouds and, at times, a little rain must fall. We will have umbrellas handy to be prepared for those circumstances. This is just common sense.
Do you also use good judgment when it comes to preparing for rainy day forecasts in your financial weather? As reported by CNBC in a 2017 GOBankingRates survey, 57 percent of Americans have less than $1,000 in their savings accounts. That’s just not a very robust umbrella. Do you have an investment plan to back up that small reserve or are you in danger of getting soaked?
Putting away a portion of your earnings with a financial planner is a remedy for a leaky or inadequate umbrella. You might want to consult with a certified financial planner (CFP) because these professionals take extensive exams in the areas of financial planning, taxes, insurance, estate planning and retirement to earn the certification.
As a CPA as well as CFP, Les Merritt understands the financial landscape and weather reports. In addition, Les is also a Dave Ramsey Endorsed Local Provider (ELP). An ELP is not an easy designation to earn. Ramsey only endorses the most skilled and caring professionals and then they are held to a higher standard of excellence.
Working with Les Merritt, you can expect professional advice that will prepare you with a savings and investment plan to shield you from unexpected economic changes, both yours and the market’s.
Let Les handle your finances as you relax this upcoming summertime. Be ready for whatever the financial weather brings. Call today for an appointment (919) 269-8553.