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First Things First: How To Build Your Emergency Savings

There are many aspects and components to financial planning, from savings and investments to long-term care and life insurance needs. All of these pieces together form a comprehensive financial plan that will help you meet your goals for the future. The wealth advisors at Anchor Wealth Management offer comprehensive financial planning services that ensure both…

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Comparing Term and Whole Life Insurance

For something that’s so important, it’s hard to imagine why insurance can be so complicated, especially when it comes to life insurance. The general idea of insurance is to provide you with financial coverage when faced with an accident or unforeseen event. However, due to high premiums and difficulty understanding different policies, people often find…

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How Parents Can Save For Their Kid’s Education

If you’re a parent looking to plan for your child’s future education, the sooner you can start, the better. With rising tuition rates and plenty of other unpredictable costs, it’s hard to tell exactly how much you’re going to need, so it’s best to plan for the worst. Relying on student loans can often lead…

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What Is Financial Planning and Forecasting?

Financial planning and forecasting are a key part of any person’s life. From a very young age, we’re taught that money doesn’t grow on trees and that it’s a finite resource. As such we have to invest both time and money to ensure our long-term financial success. We’re also taught that it’s better to be…

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Which Type Of Investment Is Right For You?

Investing is something that we all do whether we realize it or not. When we attend college or some other type of higher education, we’re not only investing money but we’re investing time in hopes that it will pay off in the future. If you’re looking to buy a new car, you’ve probably done your…

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